Validated confluences 1.Inside Bar formed in Strong support zone 2.No fresh strong resistance until 17200 3.Price action hit support zone 4.Minor obstruction above 16600
Validated confluences 1.Downtrend trading with the trend 2.Support broken resistance validated 3.Trendline still validated as price action has not breached 4.Opposing level breached by short sellers 5.Continuance of Bearish sentiment
Validated confluences 1.Trendline broken 2.Support broken resistance validated 3.Doji star in resistance zone 4.Trend Trading monthly, weekly, daily bearish sentiment 5.Profit margin 1:3
Validated confluences 1.Trendline broken 2.Support broken resistance validated 3.Doji star in resistance zone 4.Trend Trading monthly, weekly, daily bearish sentiment 5.Profit margin 1:3
Validated confluences 1.Trendline broken 2.Support broken resistance validated 3.Strong drop from 2750.17 4.Trend Trading 5.Profit margin 1:3
Validated confluences 1.Trendline broken 2.Support broken resistance validated 3.Strong drop above the 17700 4.Trend Trading
Validated confluences 1.Trendline broken (Trend trading) 2.Previous Resistance broken (breach of opposing zone) 3.Profit margin 1:4
Validated confluences 1.Support zone active since 7th of October showing strength 2.Weekly trend has been broken from this area 3.Profit margin 1:3 4.No resistance until 1.8000 5.Support zone engulfed/breached opposing resistance zone
Weekly: Weekly .7500 broken, melting south. Daily: Market close 5/12. Retraced off 61.8% (Closing price estimate-.74800) Bais: SHORT. Headed toward Daily support. BueNote Tip: -Trade Impulse legs -Possible jump North for market open then trend continuation Character: Slow, Profitabe.
Introduction - What is BELA? Belacoin (BELA) is a crypto-currency token that considerably interests me just now because it currently has real-world application in the form of a chess game - Bellachess - which is available to download from the Google Play Appstore, and pays out BELA when you win a game. The development team also have the intention to integrate...
Rejection spike formation offering a 1 to RW equal to the length of the spike wick formed at resistance
Next 4 mth candle to fill the previous wick / Anticipating a break topside of the wedge formation
*idea - Looking for a 1.18 retracment off major resistance following divergence
UK100 Currently "Between Crossroads" Time-Frame 4Hours. Expodential Moving Average 50- Bullish but to be watched might break down as RSI showing down below 50 level. Horizontal Support and Resistance Currently holding "Pending Orders" above 6866 and below 6811 for Long and Short Short TP at Lower Swing 6610 Long TP at Higher Swing 6954 Will continue...
After FOMC, EURUSD head downward toward support. The pair will continue upward toward monthly resistance of 1.15.