Still holding entire position and will fill more in red box. Bearish retest of broken uptrend line followed by a completion of a bearish inverse head and shoulders pattern. This is what I expect to play out.
I am short #SPX going into Monday open. Clear bearish RSI divergence while we are approaching a clear resistance block. In addition, we just had a nice rally that is due for a cooloff. In addition, bond market is hot right now which means investors are exiting equities. Only way I see market moving up Monday is positive trade news. After the best january in a...
I am short #BTCUSD for a scalp trade. Clear support has been broken and more downside is to come. Over 3 R:R on this one.
#BTCUSD Price Action Setup/Analysis with thoughts outlined in the chart.
US markets have rallied tremendously over the past month. We have increased steadily at a very fast rate, however we cannot go up this fast forever. 3 touches of the red ascending trendline confirms it as a support. Once price breaks trendline and bearish PA is confirmed, I will short heavily. US markets have been propped up after end of 2018 sell-off due to...
I am short #DJI futures as the ascending trend market structure is about to break downward. $24000 is proving to be a strong resistance area and bulls are clearly running out of steam. Tight stop loss prevents getting wrecked from an unexpected bullish macro news release. R:R is fantastic 11:1, if stopped out I would potentially re-short higher after reassessing...
#AUDNZD pair market structure breaking weekly support, ready for some downside. Classic bearish head and shoulders pattern playing out as well. Decently tight stop on this one, still good R:R.
I am long #ETHUSD at $114.40 and have more bids stacked at $113. RSI extremely oversold and entering previous demand zone. BTC dump was extremely weak as well. Tight stop loss makes for great R:R
#ETHUSD weekend scalp short position. Ascending triangle market structure broken. Tight stop loss makes for good R:R.Target is local low.
I am long #XRPUSD after a breakout/test of the wedge. Waiting for clean break above the range high. Tight stop loss makes for good R:R.
I am short ETH from $158. Target is $132.
Current thoughts and chart setup for Bitcoin. Not currently in a trade.