Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the count made in this index, waves 1, 2 and 3 are formed and are now at the beginning of wave 4. Depending on the shape of wave 2, wave 4 will probably move deep, at least to 0.5 fibo, and...
Since May, Dow is topping, and yes, if you would have bought deeps in support you would have made money, but the overall structure is a topping one. Looking at the increase in price, from 35000 to 36500 there is only 4% rise over 7 months, and also is clear that over 35k the index was sold. Also, although I'm not usually anticipating a pattern, if Dow reverses...
I like SNDL at .50c but I'd love to buy sub .40c that be a great entry into 2022 MJ sector will be on fire next year IMO
Broad market rally are coming soon with EURO rebound confirmed and USD index starts to weakened. STOCK MARKET are pretty CHEAP right now so its time to get back into the market. OIL PRICE ALSO looking to rebound anytime soon. ---- This is my own opinion and not Financial Advice, Do your own Research. Ex. Bond Dealer
Expecting a W2 test of $8.37 here B4 W3 can make any push to my higher targets.
US30 has pulled back from ATHs, and has landed on a 12H bullish order block. I am looking for the transition from bearish to bullish momentum, and I believe I see it forming.... the inverted quasi. All I need is a right shoulder, and this could be a lovely swing to the upside.
Went as forecasted. Check out the previous video for the analysis and setup. Would love to hear from those that benefited from the analysis. Smash the like button, if your would.
DJI shows complete 5 waves as per my count and should retrace back to the start of it's 5th as a wave. Not a trading advice do your own ta thanks.
Dow potential lovely promising sell setup not a trading advice do your own ta thanks. Dedicated to @BitFink ❤️👑
Dow just broke the triangle to the upside and is coming back to retest the last support which suggest huge volume coming in at this level that's why the triangle broke to the upside means it's going more up after the retest. Not a trading advice do your own ta thanks. Tp is huge. Best to keep it for long term because gold has also topped and I'm expecting a deep...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ U.S. stock markets opened lower on Wednesday after data showing the U.S. inflation rate hit its highest in over 30 years, something sure to put fresh pressure on the Federal...
The Dow Jones is extending its gains and solidifies its position north of the mark at 35777 points. The index should not cross this line - for now. In total, we expect the course to further increase and reach areas above 36958 points. After that, we expect a fall towards 35822 points. Happy trading!
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ U.S. stocks were higher after the close on Tuesday, as gains in the Basic Materials, Technology, and Healthcare sectors led shares higher. The Dow Jones Industrial Average...
Markets are strong and the outlook currently is very bullish. So anyone who thinks that markts will drop significantly in the mid to long term would be laughed at right? But i just cant help but notice that markets are way too high at the moment. everything seems pretty over valued - although market analysts will say the valuations are just about at the right...
Price is approaching yearly highs AKA as a Liquidity Level. There is divergence going into the Liquidity Level so predicting price to immediately reverse and go short (short term) once it hits the Liquidity level OR Break and retest yearly highs to continue long. Wait for your price action and confluences. This is simply my analysis and not financial advice
Looks like a push to the 618 fib retracement might be up next. If we have an impulsive 5 up incoming the chart should look like this IMO.
Entering a Buy Limit order for US30: Entry: 34020 SL: 33470 TP: 35940 The market is testing support at 34000, added 20 pips to accommodate for spreads and broker rates. Will enter a buy in this zone as soon as I see reversal signals in order to reinstate LONG positions. The SL is below the zone. The entry also matches with Fib level of 61.8 which is a good area...