Logarithm. Large timeframe 1 week. On the chart a big bowl, you can say already with a handle, the price is testing the resistance of the previous market highs for the 3rd time (entering this zone). Breaking through it, this resistance will become a very strong support during the pumping (probability no more). Simplifying the complex is the key to...
✅DXY has formed a Bullish flag pattern While trading in an uptrend So IF we see a bullish Breakout then we will Be expecting a Strong bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DXY is trading in an Uptrend and the index Broke out of the bullish Flag pattern so we are Bullish biased now so We will be expecting The index to go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bias is Bullish. Price has rebalanced the +FVG, and now looks ready to target the buyside LQ, providing the FVG holds firm. Expecting an Internal->External move. We are just shy of the 2nd standard deviation. I enjoy any feedback or questions in the comment section. All opinions are welcome! LIKE or BOOST this post, if you would. I would be appreciate...
futures have reclaimed some ground at the end of the trading week. i feel good about leaning buy towards the start of next week, as long as were holding a decent level according to this market structure/value area and volume range. this ai strategy shows that the price is supportive of extending its gains if we hold this momentum to the upside.
Hey folks, Exciting developments in the world of trading! 📈📉 The dollar index just made a significant move, breaking and closing below a major daily support level. 🚀 What's more intriguing is the response afterward—a bullish retest that's met with a strong bearish reaction. 🐻💥 This could be a game-changer, indicating a potential downward trend in the dollar...
The price is struggling to break out from the last supply zone and its probably going to reverse and fill the imbalance gap all the way down to $17200.
NVDA is neutral on its 1D technical outlook (RSI = 45.860, MACD = -7.940, ADX = 34.317) as it corrected to a respectable extent, a correction that we have been expected as pointed out on our latest idea. The Channel Up is intact, the price crossed under the 1D MA50 and like the September-October correction, it may consolidate until it catches up with the 1D MA100....
Dow quickly turned neutral again on its 1D technical outlook (RSI = 49.651, MACD = -238.11, ADX = 37.915) not staying for long on its previous bearish state as after hitting our TP = 37,300 it rebounded emphatically and is about to test the 1D MA50. The pattern was the same as the prior corrections inside the Channel Up: pullback to the 0.382 and -6.95% in...
S&P500 is bearish on its 1D technical outlook (RSI = 37.601, MACD = -44.800, ADX = 58.528) as it touched the 1D MA100 on Friday after more than 5 months. This calls for a short term rebound at least as every previous corrective wave inside the multi month Channel Up that approached the 1D MA100, it rebounded to at least the 0.618 Fibonacci level. Following our...
If you haven't already purchased SPY after the 2023 forecast: forecast:https://www.tradingview.com/chart/idea/l6U1M9dJ/ then it's important to be aware that there's a significant bearish divergence in the RSI of SPY, the S&P 500 ETF, which initiated at $469. Anticipating a technical retracement to $495, given its prolonged period of being overbought!
DAX effortlessly made a -6.50% decline from the top and hit our 17,450 TP, crossing in the meantime under the 1D MA50 for the first time since November 10th 2023. Naturally its 1D technically outlook turned bearish (RSI = 41.378, MACD = 14.500, ADX = 36.627). In our view, it has or is very close to the new technical bottom as the 1D MA100 is just right under and...
Nasdaq keeps pushing bearish as the stock indices struggle to deal with rising tensions and conflict in the middle east. The Monthly/Weekly timeframes .. everything is bearish. As we head into the close of the week I'm anticpating a further push bearish. The previous 4hr candle closed a shooting star candle.. this coincided with the 1hr timeframe rejecting a 1hr...
Hi Traders ! Previously, The SPX500 Price Formed a Bearish Double TOP Pattern. Currently, The Price Broke The Support Level (5081.27 - 5051.43). This Key Level Becomes a New Resistance Level ! So, I Expect a Bearish Move 📉. TARGET: 4976.00🎯
US30 H4 Lets not over complicate things here on US30, we are struggling to break this 37600 support price, 38,000 remains intact. Sell limit replaced here with a tighter stop than yesterday, we have a clear range offering best part of 400 points.
Nasdaq is bearish on its 1D technical outlook (RSI = 37.414, MACD = -64.490, ADX = 50.187) but the 1W RSI is still bullish (RSI = 56.510). You can see the reason on this chart. The long term pattern is a Channel Up that is supported by the 1W MA50 for the past 13 months. The current pullback can be seen as a phase similar to the consolidation of August-November...
Trading Setup: There is a Trading Signal to Sell in SPX500 (4h) Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 5170.0 ⭕️SL @ 5257.0 🔵TP1 @ 4871.0 🔵TP2 @ 4700.0 🔵TP3 @ 4550.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Certainly! The Dollar Index's recent breakthrough past resistance has sparked a wave of positivity among investors. This surge in optimism is likely fueled by a combination of factors such as strong economic data, favorable geopolitical developments, or perhaps shifts in monetary policy expectations. When a market breaks through a resistance level, it typically...