Hi , Indexes are clearly bullish . Untill market shows the opposite reaction we should take consider the current momentum. Now, we have to find a proper palce to get in the trend. If price tousch the key levels which referred in the charts, hopefully it will be great opportunity to take consider!! Note: the posts are not investment idea
The Nasdaq has been selling off in the last couple of trading sessions. On the Friday trading session it did however put in a stellar performance to cap what looked like a potential big down day. That initial move on Friday triggered many trailing stops and stop losses (I was stopped out of one of my holdings for instance), and buying pressure followed clearing...
Anyone still bullish on indices or do you think we'll see more bearish momentum throughout the week? Let me know in the comments, happy trading 🔥📈
Important to keep an eye on Bitcoin Dominance. Alts have been doing great while it's trended lower, but now it's reached the bottom of a macro ascending triangle and looking for support. I've outlined 2 possible scenarios. One - BTCD rallies and continues to range in the pattern. Bullish for BTC, Bearish for Alts. 2. BTCD rolls over, and Altcoin season...
FEB 2ND 2021: NASDAQ: seems to be ranging between 13351.6 and 13402.8. If it fails to reverse than we can see it reaching a higher target at 13556.3
We have seen trending sell entries over the past week. Today we traded strong to the upside from one of our daily levels. Catch this sell idea then watch for buy opp at our take profit zones 🧐 Come on NAS!!
Chances of Downtrend: Price drop from resistance forming Inverse Cup and handle Rising wedge reacting to lower resistance with MACD conforming, momentary downtrend, which has a high chance of breaking through weak support. Chances of Uptrend: Possible chance of a bullish rectangular pattern forming Possible change in stocks Possible news release RSI may react with...
Downtrend break, retest and looking set to test 268-269 in the near future. I have a position in STXPRO.
ALSI saw a decent sell off today. This has resulted in a retest of the recent flag breakout. This support level needs to hold, or it could result in sell off momentum building it breaks back into the flag. A bounce is expected off this level.
Looking very bullish flag break today with 53800 and 55200 (All time high) targets.
-Completed AB/CD/E Pattern (CONFIRMS REVERSAL) -A--->B Completed -Current standing is on the (C) position. (CONTINUATION) -(C) Position is beautifully placed on the 50 PERCENTILE FIB (50% FIB)
BTCUSD RUNNING +7.31% from the 4HR time frame (Based on 1% risk) OUR STRATEGY EXPLAINED: The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter....
Huge channel break by the FTSE today. 7000 looks like a possible target for this break.
Rubbing the crystal ball here a bit, but big breaks like the ones we've seen on the ALSI usually gets tested at some point in time to confirm the bullish sentiment. Last week was a 10% week for ALSI + an additional 1% today. Expecting some consolidation in the near future. Market is very bullish at the moment.