Traders will be looking forward to today’s FOMC seeking future direction on rates as inflation starts to cool but remains high. The new banking crisis has also significantly influenced the markets over the last several weeks. Stocks have been one of the markets hardest hit by the uncertainty thrown up by the banking crisis. The US30, in particular, has been hard...
Pending Fomc I present to you a potential short setup for after the event . Pump into the dump Take out the Liquidity *Equal highs push up above the vwap and reject back down in to the continued range . Confluences * Anchored Vwap , .618 fib and Volume imbalance Ensure to know your invalidation .
Gold Start to show sign of top formation near 1980 … Break under 1900 confirm the end of wave C and start down trend to target 1780 Close above 1985 cancel this idea
The price move in channel. we can scalp between H&L line of that .So it will be signed drop in 1D, W. I see DJ30 can shoot to 31896 Sell and injoy do right 👍
Hi, and welcome to today's GER30 update. Yesterday buyers fought back from the range low to post a solid session that could be stage one in a new leg higher that could continue the current trend. Buyers still have some work to do. We want to see a break of yesterday's high and a break of the current resistance and highs set last week. A new trend point has...
EURUSD Bearish Sign EURUSD show Bearish sign under level 1.1100 ... Close under 1.075 confirm wave C end and start of down trend that target near level 1.030 Close above 1.100 cancel this idea
Silver Trader near Critical zone Break under 23.40 confirm the down trend to target level 22.50 & 22.00 , close above 24.00 cancel this idea
Hi, and thanks for taking the time to look at our latest update. We hope everyone has been hitting some trade wins. Today we are looking at the US30 after its wild session after yesterday's US CPI data. The data came in below expectations, and this continues the run of lower-than-expected releases. This remains a touch confusing, as last week, we saw the PPI...
Hi TradingView community, today’s focus is on oil as price has, for now, reversed seller momentum and could be starting to form a support bounce. Overall the price remains range-bound between 93.50 and 83.65. But price continues to trade outside of the last major downtrend, and we have two higher lows after the September low. Today sellers took control in the...
What a start to the week and month we are seeing so far, traders. So far, buyers have added 5.52% to the US30, taking prices back to levels not seen since last month. Yes, it is great to see, but should we start thinking bottom? The UN is warning that we could see a global recession, with developing nations possibly seeing the brunt of the hurt. JP Morgan is...
The idea here is about Forex: Euro/New Zealand Dollar (EURNZD). My view is bullish short term for the above mentioned pair due to the below observed technical factors. Points as per TA on a Weekly Chart: 1. Double Bottom pattern completed and neckline broken on weekly chart and the target goes the same distance as the height of the pattern, up from the...
Hey traders! In the US OIL Market structure we see after drop of oil prices on 14 sep from 90$ per barrell price is now holding its support area which is 84$. What we see in market structure? Price breakout its market structure in 2h timeframe and show the selling pressure at 86$ which is very stong support for usoil now price again come to this level now as a...
In today’s video, we are looking at the US30. We start with a longer-term view and move down to the short term. Overall, the market continues to trade in a corrective phase that could be called a bear market. The issue we see here was the last relief rally that broke the downtrend. While it did upset the pattern of the downtrend, sellers now look to have broken...
Hi, and welcome to Friday's update. In today's video, we are focusing on the GER30 daily chart. Price action and the OBV indicator are starting to show signs that sellers could be gaining short-term control over the market. Looking at price we can see that buyers made a failed breakout attempt, and sellers came in strong on the next session with an engulfing...
This graph is a representation of my point of you of the futures market (USD).
Hi, and welcome to today’s update. In today’s video update, we’re looking at the US30 and wondering if today’s CPI could break the consolidation deadlock we are currently seeing price sitting in. Price continues to be held in an ascending triangle pattern, and in uptrends, these are typically seen as continuation patterns. We can clearly see that price remains...
Nasdaq Index - Price been trending downward since the end of December 2021 and forming a channel chart pattern. - Obviously more downside rather than upside potential ranging from 3K-3.9K in points. Downtrend is starting to weaken according to moving averages and and vortex sub chart indicator. - Colored arrows represents 3 scenarios that could play out if...