CADCHF short idea key level rejectionIf price gets to the .7416 level, wait for a rejection and bearish break of the lows of this retracement.
I'll keep this updated
Shortselling
23-4-17 AUDNZD SHORT decreased risk trade Key levels marked down on the chart, retracement towards major trendline, rejects at important key level longer term (redline), breaks lows of the retracement, take it short to level indicated on the chart. WATCH what price does around 1.0704, this is an important level. Decrease risk because of this level.
23-4-17 CADJPY short too 80.3180 key levelMarked all the important levels on the chart. Price broke trough the counter trendline, the CAD CPI news release came out negative (means positive for this trade idea). I on the break of the counter trendline after the trendline, but now makes a new swing, nice double top rejection, breaks the lows of the swing with a significant bearish candle. Stop above the swing, and target just above the 80.318 level as marked on the chart.
EURAUD Short IdeaHello Traders,
Today we will share with you guys the EUR/AUD as it seems to show downwards pressure towards 1.38, before breaking the 1.389 resistance zone. It currently flirts with major resistance level.
We will be entering a short call at 1.388 to head at least to 1.3825.
Risk/Reward: ~2.1
Notice if the market closes hourly above 1.3905 this setup will be diminished.
As always, trading is a probability game nobody is 100% right and always use a stop-loss when trading. Trade with care.
Cheers,
Secrets2Trade
XAUUSD /GOLD - Short1) Intraday market direction is short
2) In a Bearish Channel
3) Minor support &resistance
3) On the verge of breaking the last HL which is also a support which will create a new HL
and a indication of a trend continuation
& more..
Expecting price to rally down to around 1311.2
Crude WTI - Large downside move on the horizon. WTI has seen continued resistance on any rallies of the previous weeks. The most recent move to the upside found a cap at the falling trend line, with a solid bear candle following. If we see a move below the EMAs, then this would open the door to the downside, with potential for moves back down into the previous congestion zone around 39$.
THLD ShortAs per my previous post I will be aiming for a cover at approximately 0.40.
Fading volume follwed by Price Action is leading me to believe this can drop.
Happy trading
