NIK225 - 24h expiry - We look to Buy at 26840 (stop at 26560) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a...
hey, guys hope you doing well. we have a nice area on Oracle HTF MN which we call PCP. if price drops then we will use that upto its departure height but if no, then we will see for the new Demand levels to go for longs. good luck
Price today is currently breaking the long term descending trend line that has tested over 3 times already, showing a strong bullish indication. However, price is approaching a key area of resistance above, where we can see looking left a lot of selling pressure occurred. From the key area, price could pullback to retest the broken trendline, building up momentum...
If prices closes above the trendline, this might likely push the price to the upside and i also expect a retest. However , this is bullish longterm
TVC:DXY U.S Dollar Index marked on the weekly chart The U.S Dollar has been on a tear the past year, almost breaking old highs from 2001. However, DXY has chosen to respect its historical seasonality with the pullback in recent weeks which I believe will continue further before ultimately re-aligning with the longer term bullish narrative. Confluences ...
Hey Traders, in this week we are monitoring US500 for a buying opportunity around 3840 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
S&P started the year bullish putting in a higher low on our daily chart and after reaching the trend line(that is the talking point in all analyses) corrected slightly. At this moment the price is flirting with 4k figure and a break up seems very probable. In such an instance 4.2-4.3k zone becomes in focus for the short term. P.S: For the long term, on the other...
Spx500 and Indices took a bullish turn last week and I expect SPX to keep growing. There may be a minor pullback and then continuation.
Hey Traders, in the coming week we are monitoring NAS100 for a selling opportunity around 11900 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Technical Analysis and Outlook The upside target to the Mean Res 4820 was targeted within a mid-week, with the hasty pullback to our designated Men Sup 3950 and 3890. The index continuously displays a bullish influence on the current market sentiment with upside replication of targets to Mean Res 4020. Key Res 4085 and Outer Index Rally 4140. The pullbacks with...
Looking for indices to fall early and give a good entry for longs, to then chase the buyside.
GBPUSD H4 - If this 1.23500 price holds as support, we could see the next bullish leg here on cable, and hopefully that bearish break on the dollar index, not a great deal in terms of data today, so lets see what unfolds. ***USD a little reluctant and the lack of fresh highs is a little concerning. But there is still time
Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 3830 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
What's up guys and gals, hope everyone is alive and well! So this is another fun & very interesting backtesting clip, this time with #US30. Now if you've been following my channel you'll know that I mainly trade #xauusd (gold) but I've been asked about other pairs so I felt, as a mentor, I need to expand my horizon. I guess I can just be transparent and say I'm...
Hello everyone! Hope you all well! :) US30 hit 1st TP at 33k flat like predicted in my analysis video from last week ! My projection video on this pair explains why i am so bearish on Dow! Now, i will look to hold my current sell position from 34300 to 30800! If the POI marked mitigates nicely and US30 retraces upwards, i will be monitoring the zone marked to...
Hello Traders, wave i-ii-iii of wave (3) is done and wave iv is possibly unfolding. wave v - (4) - (5) is still pending which should push nifty index higher above the previous swing high of 18184.
DXY H4 - Big dump on the dollar seen yesterday during the overlap session, big data points causing the dollar to fall off, in line with softer inflation figures, PPI figures and retail figures, yet again. Certainly going to be an interesting one at the next FOMC Press conference. Hoping to grab some more ***USD longs this week.
Price broke out of the rising wedge pattern today after the strong bearish reaction occurred from resistance pushing price down with alot of momentum & breaking the lower timeframe structure. Price now may make a small correction to retest broken structure as new resistance, where we may see price move down again towards the regions below.