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FCPO TRADING : 116) retest 2760 and failed...SHORT WHEN REBOUND UNTIL 2790 HIGH IS BROKEN... higher resistance : 2860-2900 resistance : 2760-2790 current support : 2670 - 2630 lower support : 2560 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FCPO1!Short
by HAIDOJO_trading
GBPUSD Short Slow day trading today due to a couple bank holidays and this has been shown in the gbpusd pair with very small movement over the day. Im still expecting the pair to short this week with possible support at the 1.208 failing to find support at this area we could see a very bearish market heading lower to the 1.190 price. Previous Analysis: Possibly change over from support to resistance around the 1.225 around could see it head to the 1.186 area towards next week. We can see a rejection of price from the bearish wixs around the 1.223 @14:00 on the 21st and the 20 EMA indicator looks to be confirming a down trend.
Short
by SBTrading13
I SPY a Bullish Butterfly: In CD Downleg before ATHSimilar idea to my Dow US 30 post. Sand P is statistically a stronger model, from larger numbers. NB: This model is imperfect as the XD spread should be 1.27, but we got a real nice 0.62 Fibo AB retrace of the XA leg up. Note the perfect double top Fibo = 1 (was within a few pips, a 99.9% retrace). Real life is like that, we take what the market gives us. The Bearish CD corrective retracement of the XA Bullish leg should be slightly deeper and show true capitulation to create the bargains that fuel next drive to ATH. Moel extension suggest low prices to occur on/about Monday, 28 October. The Dow pattern projects 29 October, the 90th anniversary of the '29 crash, how fitting! If model is an accurate projection, expect final support near 273. There will likely be a counter trend corrective wave up within a few days that will fake out buyers. Capitulation begins when the new players buying at these still pricey levels get disappointed. That's when the real opportunity exists. Wait for it! THe entire movement appears to be a 4th Primary wave; If model is correct, the resulting fifth-in-fifth wave to ATH will carry ETF to 315+; when Sand P trading above 3150! This isn't advice, just an idea based on Harmonic trading pattern model. Market can easily double-fakeout, be cautious! GLTA!
AMEX:SPYShort
by DaddySawbucks
6
BTC - WHY DOWN- SHORT TERM? Excitement and Panic are Enemy!Sometimes we have to understand that water goes to the easier way on short term, BUT the storm is almost over, and very soon we will start the bull market. Although, MAs 100 and 500 are not stable yet, so the easier way is down, for now, after that last short wave we will have buy area, at around 5.700. This is what "The Moving Water"- my new trading perspetive is saying. We are still improving it and testing it, but it has been doing great job. Excitement and Panic are always the enemy!!! GOOD LUCK. GOOD PROFIT.
Short
by EDWARDCASHTRADER
17
WOOW! Great news BTC-holders! Hi again, my beloved fans! Even though D4rkEnergY doesnt celebrate The Chinese New Year, he will still provide his fans with presents. Its time to smile! We are looking at the 4h BTCUSD chart. As you can see we have in a long period been in a down trending channel. D4rkEnergY already predicted 8 days ago, that we finally would break out of it, when he saw an inverse HS pattern slowly take form. To be fair D4 thought we would break through in the first attempt, but another bounce was needed before the bears got exhausted. We are at this moment close to 10k. We always have to be aware of the big even numbers. There will always be huge resistance or support at these numbers. Right now we are witnessing a crazy battle between the bulls and the bears. The bulls are trying to penetrate 10k, but its even harder because of the EMA200 is the same place. D4rkEnergY will tell you one thing. The bulls will NOT win right now and here. Look at the incoming bearish MACD cross. This battle will probably take a day or two. Expect that we will range within the pink triangle! But wait... The clever fan out there has already noticed, that the pink triangle I drew, is not just a normal triangle but an ascending triangle. That basically means that even though it will be hard for the bulls to go through 10k, on the other hand will the bears not be able to make lower lows. And we all know what that means. The bears must give up and we will finally break through! OUT D4rkEnergy is everywhere, D4rkEnergY predicts everything
BITFINEX:BTCUSD
by D4rkEnergY
9
BTC bearish, long-term timing reversalSomething strange and contrarian is happening this week. Those who time the market will notice times when the graph timing "flips" and the expected peaks become valleys. Usually, these are major trend reversals. On the 11th-12th, markets have been going long, but in mid-January, they shorted instead (circled). Unless there is a re-reversal, prices could form an extended, downtrend continuation from here. End of month could be a valley instead of the peak everyone expects. Watch daily progress and let go if trades are not going as expected. Disclosure: Short from 17K is still in play.
BITSTAMP:BTCUSDShort
by Hellork
1
Swing idea in OILFollowing the downtrend from june i see this 46 level as a critical support/resistance zone before we can see a trend reversal or a continuation to the downside. If we can break to the upside the most likely level that we're going to test its the 50 area. The bat pattern isn't violated yet, until we break our X point so i took that as a confirmation of a posible reversal or at least retracement in this move. I love to see the S/R level comming at a confluence of fibs (.618 and 1.618 ext). Notice that we also are creating lower highs in the RSI at overbought condition. Keep it simple, and focus on the process Twitter: @JeanC680 Jean
FX:USOILShort
by JeanConsole