After seven weeks of downward movement in the Nasdaq100 losing more than 22% it closed this week at 11835 points, it is now near to test the 200EMA at 11362 points (red line) for the first time since 2020 pandemic sell-off and that’s the last major support on the medium term and historically the 200EMA is the strongest support in the uptrend, so we have two...
For the shorts, more trade ideas on stocks that are still early in phase 4 downtrend IMO. BJ - see more downside, although would like a retest of breakdown for another opportunity however we may not get one, started short small size, looking for $48 zone to cover WHR - Better setup IMO, broke down then retest and rejected. Looking for $154 zone to cover
Dear Traders, Simple price action here may be telling us that what we saw in gold in the last few days might be a simple break and retest. Unless I see gold above 1862 on the daily my bais remains bearish. Good luck...
Sell limit entry at orderblock. Tight stop loss. Waiting for banks to fill imbalance and mitigate their positions before continuing it's move down and taking out previous lows. 19 pip SL, 230 pip TP, ABOUT 1:12Risk to reward ratio *not financial advice
ETH in Downtrend. Everything is getting crushed now.
Currently BTC pumped to $41500. But I'm looking at the chart and seeing 43.3K may be our high. BTC may crap the Bed and take us back down to 28K. Keep an eye on your support levels over the next week or so. On the upside if BTC finds support and holds around 38K, Bulls are back and the Bear winter is coming to a close.
Broke and broke .. officially bearish. Big crash is headed, The support I found was marked up.. even the basement floors as well. So now in the downtrend and big meltdown.. watch any reversals hits. But we are now in a major sells with Hugh pressure
The Dow is looking bearish AF!!! if we close below the 21 EMA on the monthly chart our next downside target will be between 21k and 23k.
This is a follow-up detail on the analysis shared on Sunday as the price moved over 100pips in our favour (see link below for reference purposes). From a fundamental perspective and following the recent Fed chair Powell's speech, it is clear that there will not be policy change on the basis that the supply chain will improve. Technically, price action is...
The opportunity comes again. After taking profit at $27000, I continue to short 50%(500BTC) position at $29800. Take profit at $17264. NO buying power at this time. Only the whales manipulate, too little volume will usher in a sharp decline towards $16000. Bitcoin is a security in its own right, it will depreciate according to US stocks. On the chart, the signals...
Overall downtrend Massive bearish candle coming from major resistance zone with room to fall.
Price is making perfect Lower Lows and Lower Highs, Price is currently in its pullback phase and enough bears have now shown up to take a short position.
Bearish divergence on 15M Ehlers Stochastic CG. Supply. Overbought. Right shoulder to accomplish. Head and shoulder pattern in formation. Peak of a bearish flag.
I've taken into account the last two bear markets, as being a victim myself of one of them, the highest probability of price action is this crude representation. 2014 Sucked, lasted about a year and a half, 2018 sucked too, lasted from feb 2018 to jan/feb of 2019 before any signs of relief. The bear market signal usually starts the following year after the...
Despite the identification of a reversal pattern that supports a bullish momentum, I am thinking of taking a counter-trend opportunity as the current structure suggests that buyers are yet to find the momentum to break through the key level at the 1.776 area. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks...
Dear Traders, I see that BTC is still very bearish and I am seeing structure in 15 mins. This asset neet to break the 32,600 area for us to see some bullish momentum.' Apply proper risk management to your trading. Happy trading
Dear Traders, From what I am seeing on the daily timeframe, we might just see gold in the 1780 area. If the daily candle closes below the uptrend line on my chart. We should look for sell entry within the triangle anywhere from 1874-1885