DXY - still longhi. i will add more and last long postion from this area . because i keep my strategy Longby KronFX7
Nifty DivergencesNifty Divergences On a weekly timeframe, Nifty 50 Index is making obvious divergences Price is making a new high while MACD histogram is in a downward slope Price is making a new high while the Force Index is dropping even below the 0 line today. One positive aspect for the bulls, though, is that it found support exactly where it was needed the most. On the centre line Are you a bull or a bear here? by WavesInvesting1
US30 TRADEIt is important that we utilize the higher time frames for direction bias and target the highs or lows where liquidity is found. ALWAYS trade in the direction of the HTF. LTF are used to refine your entries. 1. Identify market direction - Daily/4hr chart. 2. Identify your current trading range. -Daily/4hr chart. 3. Get your Fibs retracement tool and draw from the bottom of the range to the top for a bullish market and from the top to the bottom of the range for a bearish market. 4. Identify your discount or premium area. 5. Within your point of interest identify, imbalances, order blocks, fu/ic candles. Target will be the previous high or lowShort01:02by darrenblignaut780
NAS will fall to 18200I´m expecting that Nas will fall to 18200 level. You can sell now at the current market price 18568 and set SL at the suggested level. Black line represents first support, TP part of the position there. Wish you good luck.Nby Rendon1Updated 131332
DOW JONES The bleeding may not be over. How low will it go?On our last Dow Jones (DJI) analysis (May 24, see chart below), we called for the high probability of a bearish break-out below the Channel Down, following the 1D MACD Bearish Cross (similar to April 02): As you can see, Dow delivered, so our 38350 Target got hit, with minimum losses on the buy position at the bottom of the Channel Up. Yesterday's rejection on the 1D MA50 (blue trend-line) though, is far from ideal and opens the way for more downside. The chart shows DJI's long-term pattern, which has been a Channel Up since the October 03 2022 market bottom. The periodic corrections through Bearish Legs have both declined by -9.25%, a striking resemblance indeed. Yesterday's 1D MA50 rejection basically resembles those of the past Bearish Legs on March 06 2023 and October 17 2023. Ahead of the 1D MA50/ 100 Bearish Cross, which could be completed by tomorrow, there is high probability for a deeper Low, at least as Low as Support 1 (37250). This would be ideal as it would also make contact with the 1D MA200 (orange trend-line) for the first time in 7 months (since November 03 2023)! After that though, we will turn into long-term buyers again, even though that wouldn't complete the -9.25% decline of the previous Bearish Legs, but in terms of R/R would be acceptable enough to aim for 40000 before the Channel Up goes for a Higher High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot16
Levels discussed on 4th June Livestream4th June DXY: Could have found support at 104, retracing to around 104.20, looking for more downside below 104 could reach 103.60 NZDUSD: Buy 0.6195 SL 20 TP 60 (Hesitation at 0.6220) AUDUSD: Sell 0.6640 SL 20 TP 45 USDJPY: Sell 155 SL 30 TP 115 GBPUSD: Sell 1.2760 SL 20 TP 50 EURUSD: Looking for reaction between 1.0870 and 1.08905 USDCHF: Look for reaction at 0.8895 support USDCAD: Buy 1.3680 SL 20 TP 45 Gold: Below 2340 could trade down to 2320by JinDao_Tai4
US30: First green day, three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ day 3 cycle Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, looking for a buy low setup going back to the previous HOW, completing the weekly dump and pump. Short: secondary, market left a "gap" during the strong momentum push of Friday, I wouldn't exclude a short trade setup during the third hour NY (10am), if a buy low is presented. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Longby GianniPichicheroUpdated 1
S&P500: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ day 2 cycle Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, potential buy low after the news, going to stop short traders from previous week, completing the weekly dump and pump. Short: secondary, the breakout of Friday left space with no retest, means that traders long never got their positions "shake". I wouldn't exclude a third hour reversal for a scalp back into the previous HOD. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Longby GianniPichicheroUpdated 1
Dollar Index (DXY): Time For Pullback?! Dollar Index looks quite oversold after a yesterday's bearish movement. The price reached a key horizontal support and formed a double bottom pattern on that. I think that we may see a pullback today at least to 103.9 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader3310
US30 longMonthly; [/b ]There is no clear thesis. Price could go up or down. Price has not retested the previous all time high. However, that is because it came across a high liquidity area on the weekly. Weekly; There are two thing worth noting on the weekly. One is that price has formed a three pin pattern which might indicate that price is headed downwards Second, is that the previous week's candle closed above a buy liquidity region at 38,500 and price may be headed upwards. Currently price looks as if it will close above the 38,500 level and continue upwards. To get a clear thesis of what is going on, I will have to go to lower timeframes. Daily; Monday's candlestick is pretty indecisive. Two things are happening here. One, price did not close above 38,630 level which would indicate that price is headed upwards. Secondly, price has not given a convincing closure below 38,560 which would indicate that price is headed downwards. Hence, there is no clear thesis on the daily and hence lower timeframe will give a better overall depiction as to where price is headed towards 4 hour; New York session saw a lot of sell orders from 38,800 to 38,250. From 38,250, we saw that price gained a rush of bullish momentum and it managed to close well above 38,450. At the time of posting this, price is showing that it is headed upwards, however, orders are not enough to take it there. I am waiting for a retest of 38,450 before we go upwards to 38,665 The target is 38,665. This is the target of the -27.2 fib level which is usually a high probability setup. Moreover, if price closes above 38,800 which is Monday's high, then it is headed to 39,023.5 Longby kingmwenjaUpdated 2
DXYDXY / USD Dollar, 1h Timeframe, according to technical analysis my opinion is that price will go to the down side to take Sell Side / Daily Draw on LiquidityShortby andy4444_1
Short from PremiumsDear Traders, This is my bias for US30. As we can see that us30 is falling from the top forming double top around 40000 psychological number. I am sharing two ideas as per my analysis. shorting from premium or waiting till it grabs buy side liquidity at premium extreme and falling hard. Bearish momentum is still in consideration as monthly closing pushed market higher. i still think that it can fall up to 37500-37700 area. All the best. This is just an idea. Do not take this as any trading signal. Consider Risk management!!!!Shortby sajanshrestha72Updated 113
3rd Target 1.2 Fibonacci Retracement Reached & BreakoutNifty 50 after Breakout, 1st Target 0.5 Fib, 2nd Target Channel Bottom, 3rd Target 1.2 Fib Retracement. Refer this images: Trendline Breakout, 1st Target, 2nd Target, 3rd Target Shortby SasikumarMani4
Nifty range till 4th June 2024Chart is valid till 12 Noon, 4th June 2024. Bottom range 22100 to 21650 Max. For every new Bull run we need some correction to take fresh positions. 4th June a big event day in Indian History. We are going to witness 3rd Term of Modi Govt. Only Point is important for market No of Seat BJP+ is winning. BJP+ Winning Seat > 368-375 bottom line and upside it go till 410-424.Shortby GvermaUpdated 0
Down Trend start, Next Target is the Channel Bottom.Nifty 50 coming down side, because Trendline breakout is the one of the Confirmation and also did not closing above the Channel Pattern. I want to help people to Make Profit all over the World. Refer this link : Shortby SasikumarManiUpdated 4
The Writing on the Wall!The drop was evident and the support should hold. Check my previous idea and you will know. Those into Futures should hold onto whatever you have, if you are into longLongby debjit620
Upward trendThe trend has increased and good entry points can be obtained on this trend line, the previous ceiling can also be the destinationLongby ehsan_13511
Double Top, Next Target is Trendline Bottom.Down Trend start, because Banknifty did not closing above previous top or resistance level and it formed Double Top. So we expect market coming down, next Target is Trendline Bottom. And also Nifty 50 did not Breakout the Channel Pattern, Trendline also Breakout, SGX or GIFT also Breakout Trendline. I want to help people to Make Profit all over the World.Shortby SasikumarManiUpdated 6
$SPX $SPY $QQQ The Last Time We Saw a Weekly Time Frame Bearish SP:SPX AMEX:SPY NASDAQ:QQQ The Last Time We Saw a Weekly Time Frame Bearish Divergence was… This is our first bearish divergence in RSI since December ’21/ Jan ’22…. And we took it back down to the mean at the 200 Week moving average…. Shortby SPYder_QQQueen_Trading119
#Nazdaq #Nas US100 #stockmarketAccording to my analysis, I see the NASDAQ index rising to the range of 18,800. After reaching this level, a correction is likely. If the index breaks through the 18,800 range, we can expect it to rise further to the 19,150 level before entering a corrective phase. Additionally, if a candle closes below the 18,500 level, the correction process is expected to start from this area. Based on these levels and the current analysis, we can anticipate potential market movements accordingly.by saminsalehi850
#DXY #USD #Dollar The DXY index is currently supported in the range of 104, which aligns with smart money strategies. The support at 104 is considered a fake support, while the main support and primary buying range for smart money are in the range of 103.500. This range represents the main order block for the beginning of an upward wave. Based on this analysis, we expect the price to reach this key support zone on Tuesday and Wednesday, after which we anticipate a growth phase to begin.by saminsalehi851
NIFTY TRADING LEVELS FOR 04-06-2024Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and exit points - In this pair of lines with two colors are given (RED AND BLUE) - In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan) Stop Loss/Take Profit: Stop Loss - According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) ) - A short entry should use the opposite rules to a long entry Take Profit -When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit ) - Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry ) Timeframe: According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this) Risk Disclaimer: Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading. Engagement: Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together. What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders! Comment below and let's get the conversation started! Original Content: This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.by tony_fx_smUpdated 2210