We just achieved a higher high on the daily time frame with DXy’s price action. Considering how long the history of the chart covers (several decades) the larger weekly and monthly time frames lower high/lower low & higher high/higher low sequences are probably more important for bull and bear trends than the 1 day is. So even with a higher high on DXY’s 1 day...
H4 - Price has reached a strong resistance zone. Bearish divergence. H1 - Bearish convergence. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
MSFT appears to be reversing years of advance. Stair-Stepping Down. Watch key support.
UAL daily bullish hammer at local low gotta be quick since countertrend. Stop loss below hammer wick, take profit to where it retraced last time we had a hammer at low.
According to my understanding of this GU at this moment is that it might welcome some long positions in the market then maybe the sellers might enter to take over due to price predicted using sentiment analysis reason of passing of the queen this might lead the pound to depreciate in value
I personally believe that Us30 has retraced enough and there are valid reasons why I'm thinking price will push down and make lower lows. Price has delievered and liquidity has been taken. If you followed my previous analysis you might have even profited. Good Luck!
BTC Forming Ascending Triangle in Timeframe 1D , continuation building on lower low Open Long Order : 21,xxx - 20,xxx TP : 24,xxx in Supply Zone
Hi Traders, The Nasdaq Looks like it may give us an easy setup for a short. Price has started the day pushing all the way to 11720 and then proceeding to flip bearish. Price has also pushed below yesterday's daily low which leaves a clue for where we may see price go next. We have support at 11480 and I would like to see price close below. This would then give...
Nice entry caught on the 1/5 Minute time frames. We have a break of structure on the lower time frame. 1H chart indicates that the desired take profit level should be at around 1.048. This is a nice 1 to 18 risk reward ratio with the acquiring smart money concepts. Should land a big win here.
Daily descending channel in tact. Would like to see how price reacts to 0.63800 levels. If price can a break this high, a bull run could ensue up to the previous higher high.
Bearish trade idea on the EURCAD 4H... Price has been in a downtrend for months. Price is now in a descending wedge and has recently broken most recent outside return to the downside. Price has touched the upper support trend line 3 times and respected on the third touch. Price was rejected at the 618 Fibonacci retracement from the most recent swing...
Rose 🌹 hit the distance,if it's will be ... More money 🤑🤑🤑 Let's try....
NYSE:AMC I'll keep the write up short and let the chart speak to you, but a few observations here that a lot of people just won't talk about: 1. Since the runup to $72 AMC has continuously set lower highs. 2. From the peak of $72 in June to the end of November, AMC was successful in countering the lower highs with higher lows. 3. End of Nov AMC broke its major...
NSE:BANKNIFTY Weakness Observed in this current uptrend wave. Reasons 1. Series of HH - HL has been broken and a new LL has been created. 2. Continuous decrease in RSI indicates weakness in trend. This Analysis is not a trade recommendation. It is completely for study purpose only. Do your own study and research before getting into the trades.
EURCHF has managed to create a BOS (Break of Structure) two times over, indicating it may be time to start thinking bullish. I am looking for entry points around the area of demand that managed to group enough orders to break the new found recent high. Keep an eye on the lower timeframes for indication of a move.
USDCAD is about to collapse! Since 2021 May, the correction movement has been made. But rising wedge (bearish) pattern is about to end. Do not open a short position immediately wait for a breakout also even better with another small bearish pattern.
For my Forex Mastery Institute (FMI) studies. This graph is showing a downtrend, of a New LL, No LH, and a New HH...
For my Forex Market Institute (FMI) studies. In hopes that I found a Violation 1-No HH/LL, Violation 2- No HL, and Violation 3-New HL-HH combo.