IMM matches the adage, "Markets take the stairs up and the elevator down".
Hello dear friends! After completing wave D from the ABCD pattern, GBPUSD has started a downward trend. Currently, this currency pair is trading at 1.2117 and showing a SIDEWAY movement while receiving support from the 1.205 level. In the short term, we can see an upward price movement for this pair. However, the prolonged downward trend over the past few months...
This is trade idea for EURUSD Day Trade -Sell around BOS according to the confirmation that will occur. -Price below SSLQ Asian KZ -Possible bearish price movement towards the support. -Risk Reward 1:2
This is trade idea for GBPUSD Day Trade -Sell around BOS according to the confirmation that will occur. -Price below SSLQ Asian KZ -Possible bearish price movement towards the support. -Risk Reward 1:2
This is trade idea for AUDUSD Day Trade -Sell around BOS according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:2
This is trade idea for EURUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
Ribbon Finance Secondary and main trends. As on many cryptos from the beginning of trading history - downtrend. Then breakout of this downtrend and horizontal accumulation channel started to form(stop of price drop). This channel is lasting for more than 400 days already. This is more than a year already. Notice that there was a fake-out of this accumulation...
This is trade idea for AUDUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
In 2018 Congress failed to pass a budget and the US Gov't was shutdown. A monster dump ensued. Now comes Congress unable even to elect a Speaker. incompetence abounds. Expect the worst. Trend is Down. Trend continues until the End at the Bend.
HPE is revisiting the supply zone, marking an excellent selling opportunity. We're seizing this chance to go short at the current price. Our outlook suggests a significant price decline, with focus on two support levels: one around the double Fibonacci near $14.2 and the other at the key demand zone around $13.8. This aligns with the downtrend trendline, expected...
This is trade idea for GBPUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
This is trade idea for EURUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:2
This is trade idea for EURUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
Macro Monday 17 The Dow Theory Confirms Bear Market Today’s post may be thee most important Macro Monday of 2023 as it may be a key moment where we received technical confirmation of a change to a bear trend. What’s Got Me Rustled? Manuel Blay, the lead economist and editor from the Dow Theory has recently confirmed an S&P500 bear trend change to his...
M Formation has been forming since January 2023. We had a break up, test and it failed. THe market has continued to make lower highs showing the sellers and supply have domninated the market. It's important to hedge shorts during these times and ride the markets down. Other indicators show downside: 7=21 Price<200 RSI<50 Target 56,483
The pair is already in a strong downtrend on higher time frames. We are expecting further weakness which is signalled by the breakout of the rising wedge pattern. We can also see the formation of a new low and a breakout of a key level which further supports our directional basis
Hello,Traders! WHEAT is retesting a broken Key horizontal level of 580'0 Which is now a resistance And as wheat is in the Local downtrend I am Bearish biased so I will Be expecting a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This is trade idea for GBPJPY Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3