BTC has shown bullish willingness. I anticipate the new year to visit the lows around 25K, and the quarterly FVG, I will be there to accumulate some. Market might decide not to even go there and just fill the inefficiency at 32K and decide to moon from there. I'd worry about BTC if we close below 19K and stay there for over a couple of days. I'm not a Crypto bull...
Greetings Traders, In today's trading session, our attention is directed towards NAS100 as we actively monitor a potential buying opportunity around the 16900 zone. The NASDAQ, emblematic of technological prowess, is currently navigating an uptrend, signaling a sustained upward trajectory. Simultaneously, the index is undergoing a correction phase, gradually...
I am selling NasDaq, entry based on 1 min PA Entry: 16958.7 SL: 16964.77
Traders, The S&P500 has been 9 days without testing support and saw All Time-Highs. Today, the daily chart has presented a high probability of resuming the trend after a sharp correction. I already have an existing long that has done well but I'm adding into the position for this setup for icing on the cake. New: Long S&P 500 SPY target 4848.00 Stop 4695
Technical Analysis and Outlook: The S&P 500 index exhibited continued strength by rising above our Completed Inner Index Rally 4713 with the violent retreat on Wednesday to this strategic price level. The main target is our central Key Res 4800 and Outer Index Rally 4807, completed on June 4th, 2022. However, some concerns about a market squeeze from the newly...
Hey Traders, in the coming week we are monitoring NAS100 for a buying opportunity around 16500 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 16500 support and resistance area. Trade safe, Joe.
The S&P500 index is now on a healthy green 1D technical outlook (RSI = 65.835, MACD = 82.010, ADX = 81.214) following a much needed technical pullback yesterday that eased the previously overbought technical indicators. On the 4H timeframe, the index is still inside a two month Channel Up, which found support yesterday on the 4H MA50. As long as it holds, we will...
NAS100 could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 16,475.30 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 16,184.30 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement level Take...
SPX500 is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 4742.34 which is an overlap support. Stop loss is at 4690.00 which is a level that aligns with the 38.2% Fibonacci retracement level and sits under a pullback support zone. Take profit is at 4820.40 which is a swing-high resistance. High...
FTSE 100 UK100 trade idea for 20/12/2023 FTSE 100 is in upward channel on daily chart. It broke out of it 2 days ago but came down back inside the channel again. Tomorrow 20th Dec a major catalyst CPI data is released an hour before the market open. This surely will bring major volatility which gives the traders a good opportunity to grab some points if traded on...
SP500 could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 4,710.09 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 4,649.99 Why we like it: There is an overlap support that sits above the 61.8% Fibonacci retracement level Take...
In today's trading session, our primary focus is on US30, where we are actively monitoring a potential buying opportunity around the 37100 zone. Currently riding an uptrend, US30 showcases a sustained upward trajectory. Concurrently, the index is undergoing a correction phase, gradually converging towards the trend at the crucial 37100 support area. This numerical...
DXY D1 The dollar index has drifted lower, aligning with the latest developments and insights pertaining to the battle against inflation and central bank interest rates. We witnessed a significant downward move, sliding from 104.000 to 102.000, amounting to a substantial 200-point drop. Subsequently, we are observing a modest rebound, mirroring the overarching...
Hello Traders, welcome to today's analysis of Dow Jones. I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NAS100 Currently filled the 4H demand zone and move upside, after that currently its creating liquidity so strong chances are there that on monday 18/12, it will create more liquidty in london session and grab the buyside liquidity fill the imbalance below and will enter the 30m demand zone which is overlappe on the 4H demand zone making it a strong buy zone and...
Technical Analysis and Outlook: During this week's trading session, the S&P 500 index exhibited remarkable strength, with consistent price momentum throughout. The index managed to surpass our Key Resistance level of 4639 and Inner Index Rally level of 4647, finally resting at the completion of Inner Index Rally level of 4713. Looking ahead, the following two...
Hey Traders, in the coming week we are monitoring US500 for a buying opportunity around 4680 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 4680 support and resistance area. Trade safe, Joe.
DAX is trading inside a Channel Up pattern since October 27th and it has been intact for so long that the 1D timeframe remains overbought (RSI = 78.050, MACD = 373.200, ADX = 82.264). Since it is holding the 4H MA50 over the bottom of the Channel Up, we remain bullish aiming at a +4.66% rise (TP = 17,400), which is the lowest it has registered inside this pattern....