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Shorterm

Potential Trend ChangeAfter 1.5 days of trending downwards within our parallel channel, we finally start to see the price slow down near our 0.618 Fibonacci retracement level where we might consider opening a long position. My bullish bias will be confirmed if we manage to finally see a solid break and close above our channel as seen on the chart. Manually executed long with a 60 PIP stop loss and a solid 1:3 RR ratio until TP. This is NOT a financial advice, trade at your own risk.
Long
by Proszi
ITC SHORTMY analysis of ITC INSTRUMENT: ITC : Futures and options TIMEFRAME: DAY VIEW TYPE: TECHNICAL PSAR: BEARISH STOCHASTICS: BEARISH TREND: BEARISH CMP: 186.35 SELL BELOW: 180.50 SL: 193 TARGET 01: 167 TARGET 02: 160 Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
NSE:ITCShort
by ajithchand-bhandaari
Trade with the TrendThis is a follow up on my previous post. We managed to break below our support from the wedge consolidation on the 15m timeframe and currently we find ourselves in a parallel downward channel. The fundamentals helped push the price lower in a short period of time as the indexes opened really low on the US session, and as we all know, for the past month or so, Bitcoin has been really correlated with their movements. As for the technicals, we just bounced off the lower descending trendline and we would like to see the price go further up to retest another potential higher low of the descending trendline as illustrated on the chart. This is NOT a financial advice, trade at your own risk!
BITMEX:BTCUSD.PShort
by Proszi
Bitcoin Cash - Coinbase All Time High Volume SpikeOver the past week, BCH has seen numerous large volume spikes one of which resulted in an All Time-High volume on Coinbase. These large volume spikes were no doubt fuelled by uncertainty and volatility presented across the market by the most recent Bitcoin and Ethereum drop and could very well present an opportunity for short to medium term profit. As you can see from my Technical Analysis, BCH short-term price action is currently sitting in a steep falling wedge due to the most recent market sell-off. This type of steep falling wedge is very unsustainable if we factor in how low BCH is from previous highs and price action in September. This presents us with an opportunity to scale in around support levels or after the falling wedge has clearly been broken in hopes of short-term profit. The following values are purely my short-term trading values for BCH and should not be construed as financial advice. Accumulation Zone 1 (support) - 0.07500sats Accumulation Zone 2 (support) - 0.06750sats Accumulation Zone 3 (breakout) - No specific value, wait for clear breakout. Stop Loss - 0.06400sats Targets - 0.09000sats, 0.10400sats, 0.11500sats Clear ascending support formed on MACD on the 4h, and 8h. Due to the recent high volume spikes if you wish to follow along with this trade you must ensure you stay up to date with real-time price action and practice efficient risk management.
by astronautdotgg