Get started

Shortposition

GBPJPY Potential ShortPotential short opportunity. - Daily chart previous structure supporting idea - Structure has put in a lower low - Currently in retracement from previous resistance level - Price needs to push into yellow area and show some form of reversal. - RSI looking on track to overbought. - Yellow area = to .5 - .618 FIB Retracement level. - Enter on valid reversal Daily chart supports structure resistance level. H4 showing pull back in process with a clear lower low structure
Short
by JoeyMvc
NZDUSD Short PositionNZDUSD estabamos esperando un punto a que se cumpliera un retroceso ABC en 4H y en Diario, ha hecho un ruptura en lineas de tiempos inferiores por lo que es muy probable que se vaya en contro para buscar una tercera onda rapida. El stop loss esta corto en caso de que rompa y suba un poco mas antes de caer por completo. NZDUSD we were waiting for a point to be fulfilled an ABC retracement in 4H and in Diario, has made a break in lines of lower times so it is very likely to go in control to find a third fast wave. The stop loss is short in case it breaks and rises a bit more before falling completely.
Short
by Jairgz
1
Bitcoin Short Trade SetupI am putting a short trade on Bitcoin. Entry - $6000 and up to blue resistance trendline Stop loss - Break of blue trendline Target - Support level at $5400 Risk/reward ratio - 3:1 Ideally, I want to see retest of the $6000 level and even a move back to the blue resistance trendline before a copulative sell-off to the next obvious support to $5400. A break of blue resistance trendline will trigger my stop loss. I will place initial orders at $6000 and further orders up to blue trendline in an effort to build a better weighted average entry price. I will need to adjust my stop loss lower as time passes to ensure it triggers should price breakthrough blue trendline.
BITFINEX:BTCUSDShort
by tennant.graeme
4
Bitcoin Daily Close Below $6000The bearish case for Bitcoin is starting to gain more substance and I plan to "dip my toes in the water" and start building a short position. - On the daily chart Bitcoin officially closed below the $6000 mark for the first time in 2018. - The orange support trendline is well and truly broken - We continue to make lower highs and lower lows without any real sign of a reversal pattern setup Having said this, if there is a strong turn around and a break of the blue resistance trendline, then I will be out very quickly as I DO NOT want to get caught on the wrong side of this trade. We are in a period of very low volatility - and low volatility precedes highly impulsive moves. Therefore, I will not be risking a large amount at this stage and plan to make use of a tight stop loss. I will post another trade idea today showing entry levels on a shorter time frame.
BITFINEX:BTCUSDShort
by tennant.graeme
Time for a short possitionBitcoin experienced a week bullish market in the past few days and now it has been reached to a wall. Although, it might seems passing the wall and going for a bullish market could be a possible scenario, I strongly believe that we are going to have a bearish market and it is a good time to enter a short position. The first reason appeared on the charts, considering two last successive minimum prices (just above the green mark) shows that the price is increased, while the greater decrease on the RSI describes it as a fake higher price, from which we could understand we are in a bearish market. What's more, looking to the Fibonacci Levels shows that the price could amazingly finds its bottom on the 0.618 level just above the other wall which is 7800 dollars price level. Have profitable day guys
COINBASE:BTCUSDShort
by mnon
Bitcoin nearing a buy zone [Market Geometry/EW]• Made a new chart for BTCUSDT as I have taken up a new technique. It seems BTCUSDT is in a bit of a rut after flat-lining around $3000 on most exchanges, it failed to break past its All time high level and was then forced back down by the bears. It has also completed it's Elliot Impulse Wave , which is followed by a correction wave ; It seems to already be following the correction and completing wave A to B of the correction wave . Now it is trending downwards into what looks like the completion of wave B to C . Prime levels to watch would be the 0.618 ($2150USDT) retracement , and the 0.382 ($1600USDT) retracement . If it shows strong support at the 0.618 retracement it could resume the closest trend to it; However if it closes below the 0.618 retracement we can assume it will travel down to the 0.382 retracement for a conclusion of this correction and a conclusion of the Elliot wave move (8 waves - 5-3 move) . • Godmode : The Blue line of Godmode isn't at the 20 mark meaning the downtrend is not yet exhausted . Like I said, opportune buy area would be between the 0.618 retracement and the 0.382 retracement , or just above the 0.618 if it finds strong support. • Aroon : Aroon Up (Blue) line also crossed over with the Aroon Down (White) line indicating a confirmation of a downtrend, Aroon Down line staying above 70 indicates it is indeed a strong downtrend. • Because this is a longer TA, I will not be posting specific Buy opportunities (Buy, Sell, Stop/Loss), as there are a couple ways this could go depending on the supports and resistances.
Short
by Godly
8
GBPZD (PoundKiwi) - Potential Bearish Bat or CrabI am not in the trade yet, since thhe pattern has both characteristics, that of a bat and that of a crab. If it's a Bearish Bat, I'll be waiting for thhe break of the blue full trend and my target will be the dotted trend. But, in thhe case of a break above the Resistannce level in blue. I'm expectinnng a Bearish Crab Formation before shorting. Trade with care ( This is NOT a signal, just an idea) Compare it with yours and you can share yours in a comment, that would be preferable.
Short
by HHCWW