NASDAQ on the 4h chart is moving between 2 narrowing trendlines and a 4h resistance that was rejected twice already in the attempt of a break.
According to Plancton's strategy if the price will break and satisfy the ACADEMY rules we will set a nice long order.
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure ->...
It starts to look like a head and shoulders.
Look carefully at the levels, on the previous year each time the line was crossed, the trend tumbled toward the support.
By the way I am resolutely bearish since friday (due to my technical indicators, which were the subject of my last post).
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURNZD EURNZD is exactly Moving according our analysis as we predicted yesterday. Now this is on the way to our main target Price level 1.64
We already Cashing this.
Keep in touch we will update further soon
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPCAD. GBPCAD is making inverse head and should pattern. Here we can see a good bounce from this level to Price level 1.75
Keep in touch we will update further soon.
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely...
Alphabet - Short Term - We look to Sell at 2875 (stop at 2967)
Broken out of the channel formation to the downside. Price action has formed a bearish ending wedge formation. Price action has posted a bearish Engulfing Candle and is negative for short-term sentiment. A lower correction is expected. Preferred trade is to sell into rallies.
Our profit targets...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD has completed retesting to main support level. Now it has Maximum chances that it can touch Price level 1900 soon.
Hey guys, Yesterday… I failed!
The rush wasn't something I anticipated. It missed my partials by some pips as well.
Today's different though—Why do I see two different patterns; two different timeframes.
Watch to get an insight on today's deal.
Remember, Trading remains risky.
Too many divergent patterns are happening in the H4 TF.. though the weekly shows us a very strong bearish pattern of a head and shoulder heading possibly all the way down to our 15000.0 level and support zone for that major rally towards a new high that was created. This will intern create a bullish divergent invert head and shoulder pattern That will be an...
Pennant has formed on Nasdaq which indicates a bullish push up, my overall bias is still sells but most likely in that red square, if price breaks through that red square then we will see 16700-16770.
A late sell would be once price breaks that mini red trend line.
Friends, let's take a look at the technically aspect of Nas100. From my previous analysis I mentioned of the broadening wedge that needed completion. The overall idea is Nas100 is printing quite a number of bearish setups. With the broadening wedge, there's high probability that price will be pushed to the downside and this will act as a continuation of price to...
Its finally time for the famous NASDAQ double bottome, often known as the "'W'''continuation pattern.
What it actually is
-Elliot wave INDICIE retracement, which in simple terms is the completion of the 68.1 ,50, and 38.2% movements.
OFTEN THE 4 WAVE.
Okay… Now—I'm exhausted. What's this indecision between the bulls and bears?
The daily with them tweezers; the hour 4 with the divergence—(Don't even know what that means).
Ermmm… I might have taken a trade—Not sure of the outcome… But, I did.
Watch and share your thoughts
Remember, trading is serious business.
Hy dear Members. We are here to update about EURNZD. EURNZD is at a strong resistance level. From this level we can see a good rejection. And it can touch Price level 1.64
We are waiting for confirmation. Keep in touch we will update further soon