DAILY We still in a bull trend but in the corrective phase of the bull trend. 16900 area is where we want to see action. The last support as all others are broken right through. We formed an expanding wedge going up and was broken, the retest here will let us know it's fate. 4H We formed a "flatish" flag, which is the correction of the current trend (bearish)....
Short-term I do see the sell, the more I zoom out the more I see the buy for longer term purposes. LL's below 18180 I would see the bears strength for now I'm forecasting bulls coming in and taking over but firstly we are going to stay patient and just watch.
its possible for nasdaq to move like how i said, please make sure you manage your risk.
EURJPY might be on the descent and it has just reacted to long-term support. However, it also broke 200 EMA (Black Line) and is trading below rejecting it once. Suffice to say, that we are from my point of view, in the decision area right now. Although high commodity prices, oil, in particular, are as bad for Japan as they are for Europe, Yen is still acting as a...
Looking for price to break out of this triangle to push to the upside.
Congrats on our previous highs(Short buy) as we touched 9000 on the dot. So therefore we just got in a late Fedcuts: Coronavirus live updates: US cases rise to 108, Fed cuts rates on outbreak risk. Fed cuts rates by half a percentage point to combat coronavirus slowdown. So i see a push downwards to supports level @8200 parameters.. Like and share your ideas on...