Seems like the 2 Hr says we have a little upwards movement coming, lets see what happens!!! Just an idea, Aru of Patriot Crypto
Bear Flag are Ranges that are repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the...
Will SPX 0.618 bounce after filling the huge double gap?! That is a trade that I would make! Clear 12345 impulse just happened, way too many people are currently longing 0.618 resistance, be smarter than the crowd, wait for the retrace!...
this is the prediction of how index futures may go for next week starting 11 May 2020 as you can see there are perfect elliot impulse wave (12345) then correction wave ( ABC ) we are going to phase C this week so be prepare (to short trade?) !!!
ES topped out near the 62% retracement of the big drop, which also formed a bearish divergence on Stochastics. The break below the 10-day moving average has now closed below it 2 times in a row. Below 2717.25, the late April low, would boost the chance of a return back to the March lows. A trend signal on ADX would signal strong momentum. 90-day RSI failing to get...
The S&P futures, after having broken down out of the bearish rising wedge the other day, went up and almost perfectly tagged the bottom of the wedge towards the close of the cash market today. We're getting close to a complete breakdown.
AB=CD Target coincides with prior SNR at April 2019
The short term market consensus for Dow Jones E-Mini Futures have change to Bullish E-mini Dow futures offer exposure to the 30 U.S. blue-chip companies represented in the stock index Our Proprietary Trading System indicates the following: The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish The Secondary Trend (ST), given by...
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Close Under 8461.25 Patterns Potentially Bearish Closing Price Reversal Top The principal trend is up according to the daily swing chart. The uptrend was reaffirmed earlier in the session. A trade within the intraday high at 8552.75. will signal a continuation of the uptrend. The principal trend will...
4H Analysis Long Term - Price moving on a Descending Channel Short Term - Price moving on a Mini Ascending Channel Price struggling to create a new high inside Mini Ascending Channel. Per history, this is bound to go down. Entry Detail: SL: Set outside the Mini Ascending Channel Resistance Zone to allow the price to fluctuate. TP: 2R - Just before previous...
Ranges, Triangles, Descending Triangles, and Ascending Triangles are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...
YM1!, Buy on H4. H4: - Structure: Uptrend - Tendency: Upward - Break and above support - Re-test support and move up - Candle: Bullish candle => UP
Main outlook on mini S&P500 remains down for me. But I see that price want make new high near 3030-3035. If in that area I will see bar up with high volume and other conditions to open trade, I will short it. Write your comments and push likes. Have profitable trades.
First, we are going to start with the Daily Analysis Main Items we see on the chart: a)Price is inside an Expanding Triangle b)Using Elliott Wave Theory to understand the formation of any structure, we can see that A B C and D are already formed, continuing with Elliotts Logic an E wave is remaining, this Wave theoretically should make and impulse towards the...
S&P New All Time Highs - Risky Buy The Emini and S&P 500 made a new all time high again today, leading many to believe this market is still strong. In some ways it is, but it is more important to realize it is also in a bull flag trading range. This makes it a risky place to buy up here. This is where strong bulls who bought lower will start looking to take...