Price has sold off so much, I think I see a trade opportunity to catch the retracement, "reversion to mean". I lay it all out in the video, thank you, and trade safely. 1% Risk 2:1 Risk/Reward
📉📈S&P500 I Advise Caution 📉📈This post is a direct follow-up to my yesterday post in which I wrote about the possibility of accumulation around a support zone: 📉📈Today we opened with an upward gap but I would recommend caution when making decisions around the support zone. 📉📈Looking at the technical environment, an accumulation around the 3800 level seems very...
Looking at the H4 chart, my overall bias for DJI is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 33418.59, where the previous low is. Stop loss will be at 33899.17, where the 61.8% Fibonacci line is. Take profit will be at 32485.23, where the 161.8% Fibonacci extension line is. Please...
Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 3906.54, where the 38.2% Fibonacci line is. Stop loss will be at 4028.84, where the 78.6% Fibonacci line is. Take profit will be 3743.73, where the 61.8% Fibonacci line is. Any opinions,...
Following the same idea of the #dax, the #sp500 has a well-marked downward trend, driven technically as well as fundamentally, the vision for the next quarter 2023 will be very complex. What do you think??
📈S&P500 Accumulation Time 📈This post is a direct follow-up to my previous post in which I wrote about reaching a strong support zone: 📈So far there has been no significant reaction. 📈Inferring from the economic situation, price behaviour and technical analysis indicators, the most likely scenario at the moment is accumulation around the support...
Hey traders, Here is our analysis on SPX. SPX reached a strong resistance area. Based on our outlook the SPX will dump. ❤️ Please, support our work with like & comment! ❤️
Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 3922.13, where the 23.6% Fibonacci line is. Stop loss will be at 4100.96, where the recent high is. Take profit will be at 3741.65, where the 61.8% Fibonacci line is. Please be advised that...
After a back to back red days I think a lil pull back is expected today Price can go back and hit the previous swing point
In the chart above I have provided the following: 1. Channel confirmation on the daily timeframe. 2. Current downtrend channel in VIX that appears to be coming to an end that should definitely expire by January 24th. 3. Resistance marker at 25 from previous tests can indicate strong support for SPY in return as it can force VIX to stay in demand zone.
Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 3937.65, where the 23.6% Fibonacci line is. Stop loss will be at 4100.96, where the recent high is. Take profit will be 3743.73, where the 61.8% Fibonacci line is. Any opinions, news,...
On the DOGEUSD chart (1h timeframe), we can see the price is currently oversold. The price is reaching a support area. Once the price has entered the support area it's likely for the price to bounce back up. All three indicators used are Bollinger Bands, RSI, and Stochastic. All three indicators confirm the oversold condition. All further details are shown on...
📉📈S&P500 What Move Will It Make? 📉📈This post is a direct continuation of a previous post in which I wrote about the price falling into an important support zone: 📉📈As I have already written we are at an important support zone. 📉📈And as far as we can see so far there is no sign of any reaction from buyers. 📉📈For now, we have to wait and watch how the price...
Hello,Traders! DAX finally went down from the Resistance level just as I predicted But now it has hit a horizontal Support level from where A local move up It to be expected Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
💲Dollar Bulls Attack 💲The Dollar is not letting up and is still continuing its rise. 💲As we can see from the morning there was an attempt to fall, but the dollar made up for the whole decrease. 💲In my opinion, with such a situation there is a very high probability of the continuation of growths. 💲The nearest significant resistance zone is around the level of...
SPX500 - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Sell SPX500 Entry - 3866.23 Stop - 3944.78 Take - 3748.40 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
DXY H8 - Dollar is a tricky one at the moment, but I would like to see further and deeper selling pressure, it'll be an interesting week this week, with banks shutting up shop for the year, and a slower week in terms of economic data as compared to last week.
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 4049.00 Pivot: 3914.00 Support: 3757.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue...