There are 2 scenarios that I expect to occur, both with the final outcome, the circumstantial achievement of historical highs, because: we had a response to the restrictive monetary policies of the FED before 3/11/2023 with a lower than expected NFP and a rate of rising unemployment; then with decreasing inflation. I expect scenario 1 (white) to occur if in these...
Hello traders, last week we saw buyers struggling to take price higher from 14000 psychological level. At the start of this week price broke below 13900 where price was held in a ranging state last week. At this moment there is high chances that we might see price continuing to decline. I will be looking for further developments and bearish confirmation for...
Overall sell set-up on NAS100 has finally been completed, I hope you guys were also able to capitalize on that position
Price has impulsively moved towards the downside and given us the third touch on the overall current market structure and has also given us a nice rejection on the H1/H4.
Price could form into a smaller (short-term) correction on a LTF...
from previous trade set up analysis: If you calculated your risk correctly and played with your entries a little, you would have closed or TP would’ve been hit -depending on your broker spread- with an overall with a good amount of profit while still managed to maintain a good R:R
Current Analysis Update: I’m still anticipating further downside movement on...
Hey tradomaniacs,
When I look at the entire market I can`t see any real reasons for these moves as fundamentals aswell as monetary policy hasn`t changed yet.
Banks keep printing money and the economy improves❗️
1️⃣"We are getting a little bit of weakness ... even though the earnings and economic data is good," said Ryan Detrick"
2️⃣"The underlying...
Bear sentiment still remains the same on nasdaq. Target of 12k remains as well. i also suspect further bearishness will take course later, with time in my opinion as well.
