Hello traders, in today's trading session my team and I are monitoring GBPJPY for a potential trade setup.
At the moment GBPJPY has been very bullish, retesting the high on the weekly timeframe - which doubles as a minor buyers territory OR money spot.
Pip Regards, DayBot6.
HIGH is the coin 2 after NEO that we follow for the coming time in the trend of Chinese coins.
We will follow this coin in case this coin is able to break out in the coming time.
Trend view list of coins that are connected to china trends.
HIGH,NEO,QTUM,FLM,EOS,BCH,AMB,VET,ONT,TRX,FIL,XLM
#14
EUR JPY SHORT
AUD CHF SHORT
RR 1:3
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given...
This chart is up against ATH and MAJOR Overhead Resistance lines extending back to 1996. This stock has been overbought for quite some time and has continued to move higher while markets have traded generally lower. I fully expect this one to play catch up soon.
Notice the large Yellow Parallel Trend Channel that price broke out of in March 2022. Price has...
+++The Triangle is broken with good candle and also sustained in today's session.
++The Supports(+) and Resistances(-) are also perfectly respected.
+Lets follow the Price Action in keeping the SL(Under 14 Dec candle) and Target R:R should be (2.5)> .
Happy #Christmas Trading Mates!
previously the speech of the powell has been made a really serious dump on the DXY rates so in that case BTC has broken the strong trend line which is made it dump.so in that case we could expect rejection higher on btc/USDt then create new movement .Also now it is in monthly resistance so we could expect a rejection higher as support become resistance.overall its...
On daily, EURUSD shifted it's structure. As a result we have two POI's from where the market can again continue to go bullish considering the fundamentals. Pay careful attention to the annotations made on the chart.
Happy trading
Team Lamda
With termoil on the side of the dollar, a Federal Reserve who continues to show signs of stronger policy moves and major economic data yet to come for the U.S this week, can the Euro continue to gain traction?
The euro has broken in to possibly form a new acending channel. Will we see we see further gains ?
As the DXY kept dropping lower, Stock Indices such as the Dow and the SPXUSD kept rallying higher as expected. From my weekly forecast I expect the DXY to rally once more taking out the current swing high on the overall daily timeframe, and as expected, Both US30 and the SPXUSD indicating bearish confluence factors (such as bearish cracks in correlation, Bearish...
Hello Traders!
Here we can see DXY is clearly not breaking swing highs.
It not looking to seek buy side liquidity above swings highs.
Instead we can see price seek sell side liquidity below swing lows.
We also can see here on the daily a swing low is broken and price follows with a lower swing high forming
(High probability scalp model in play).
I would like...
firstly, once price reaches below asia highs, we can expect it to trade back into the 50% level of the 15M bullish OB before reversing and expanding higher hitting Tuesday highs and reaching for that red highlighted level. But before hitting Tuesday highs there's a high probability we might retrace a little bit during the New York Open Session. Providing further...
The Dow Jones Industrial Average Indice is seeing a major runup the past few weeks since the beginning of October.
The Dow has seen record gains of 17% since its bottom in Early October.
The Dow is now running into some big-time resistance... That is our focus today to dive in to.
The 30 companies pushing the Dow up may be becoming overbought indicated from...
Marvell is a semiconductor company headquartered in Sunnyvale, California. It designs and manufacturers standard digital and mixed-signal integrated circuits solutions for various applications across multiple end markets. Marvell has been a steady performer in the semiconductor industry, with its stock price rising by almost 95% last year alone. It is also one of...
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