MY eyes and the brains still processing CAC40 is in strong Bullish market Besides the depth from Feb on Corona spread
Would be looking to sell this when it retests to 3395 asuming it doest break above 3401. looking at selling to 3345 taking partials and breaking even at 3373.
VWAGY broke and closed above the important decision range on 4H. the market has retested the range and showed a posilitive bullish reaction to that. now bullish rally is expected. next goal: 18.0
Trading Sep Futures with a Long bias based on the thesis: US DJ, S&P rally seems to be peaking on its post-COVID rally. ECO data out from the US generally seems strong as well. Believe that international indices like NIFTY and STOXX will follow-suit. Risk: Most of the rally has been done, hence watch for range trading from now till Sep.
Euro stocks index broke below a horizontal neckline of a h&s pattern. we have a nice conjunction of a daily/4h candle close below confirming the violation. now the price retesting the broken level. I expect seeing a bearish continuation to 2656 (next minor support) 2579
Well that was an eventful weekend. With less than 10 hours to go before the Bitcoin halving, the cryptocurrency markets are attempting a set up for a relief rally. In other news Federal Reserve Chairman Jerome Powell will speak on the current issues facing the U.S. economy later this Wednesday. Heading into this speech, it is difficult to bet against the market. I...
hey guys, airbus is consolidating on a key structure support level. the price is stuck on 50 level for more that one month! on 4H we see a classic contraction with a formation of a descending triangle. the side of the breakout of the triangle will show us the future direction of the stock. because the trend is bearish, we are bearish biased here and we...
Wait for Eurostoxx50 break out from the triangle. Above there is a good selling zone to trade around 3250 area, where we can short to 2900. Beyond the triangle, we have to wait for the retest of the trendline and short to 2600
4H Chart Explanation: - Price broke the Descending Trendline. - Price is currently above the Support Zone, on a Bullish Corrective Structure. - If it breaks it, potential to move up towards the Fibo Zones. Updates coming soon!
EURO STOXX 50 INDEX is the "lighthouse" of all the other EU index. It's a little bit too early to speak about Elliot Wave Pattern but: if confirmed we wait for it to 2560 Area. So all the other index. #DAX first of all.
4H Chart Explanation: - Price broke the Weekly and the Micro Ascending Trendline. - Price is on an Important Support Zone. - If price breaks it, potential to move down towards the Major Support Zone. Weekly Vision: Daily Vision: Updates coming soon!
4H Chart Explanation: - Price was on an Ascending Wedge since August. - Price bounced on the Resistance Zone. - Price broke the Ascending Wedge. - Now, it has potential to move down towards the Support Zones. Weekly Vision: Daily Vision: Updates coming soon!
Euro stocks index is approaching a 4 years' high! there is a high chance to see a strong bearish reaction from the underlined weekly resistance, but because the trend is bullish, I will trade the market only with a good confirmation signal. On 4H chart, the market is currently forming the right shoulder of a head and shoulders pattern. I pay close attention...
With an entire year of liquidity ahead of us we can finally remain back to normal. However with the increase in unexpected geopolitical risk, we've seen metals, oil , and a general risk-off sentiment seen by the market. We can now trade with the expectation of normal liquidity as major smart money and institutions are back online.\Make sure stop loss are in place...
Daily Chart Explanation: - Price bounced from the Support Zone and went towards the Resistance Zone where it is now. - Bearish Divergence on MACD. - If price starts its down move from here, it has potential to go towards the Support Zone one more time. - We are looking for sell setups on lower timefremes. Weekly Vision: Updates coming soon!
4H Chart Explanation: "What happened?" - Price broke the Descending Trendline. - It started its up move after bouncing on the Support Zone . - There was a Bearish Divergence on MACD . - Price reached our target on the Resistance Zone first. After that, it faced a correction towards the Support Zone . Now, we are waiting to see a new clear setup. Updates coming...
4 Hour Chart Explanation: - Price broke the Descending Trendline. - It started its up move after bouncing on the Support Zone. - Bearish Divergence on MACD. - Price has potential to reach our target on the Resistance Zone. After that, it should face a correction towards the Support Zone. Weekly Vision: Daily Vision: