Etherium has entered a notable support zone, prompting a discussion in this video regarding two potential trade scenarios. The first involves the market being somewhat overextended, presenting a potential buy opportunity as it interacts with support. The second scenario considers a retracement back up into resistance, offering a potential sell opportunity....
Hey Traders, Anticipating moves inline with co-existing sentiment is always handy and a rule which will help you gauge what the next move is likely to be. You see, there is a reason pretty much for every move. Watch for more.
Hey Traders, After such an extreme rally, is there room for shorts? We all know there is momentum in buying behind the SPX, but what is the short case? Well. The thing is, nothing goes up forever without some fall, especially when you are looking at major indexes. I cover it here.
USD/JPY appears to encounter resistance around 148.80 over the last three days, with fading bets on a Fed rate cut. While bullish sentiments persist, the bulls take a breather, gearing up for potential momentum next week, pending the Bank of Japan's (BoJ) monetary policy hints. On the USD front, resilience continues fueled by recovering US yields and positive...
Gold's recovery near $2,030 persists as the US Dollar adopts a sideways trend. Despite a less convincing pullback in Gold, traders have tempered expectations for a Fed rate cut in March. While the precious metal has rebounded significantly amid escalating Middle East conflicts, the short-term outlook remains cautious due to limited upside potential, influenced by...
GBPJPY is falling towards out sell entry the overlap support. From there price could reverse to the take profit level. Sell entry is at 187.305 which is an overlap support level. Stop loss is at 188.713 which is a level that sits above the swing-high resistance. Take profit is at 184.591 which is an overlap support level that aligns closely with the 38.2%...
Gold could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 2035.62 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level. Stop loss is at 2056.53 which is a level that sits above the swing-high resistance. Take profit is at 2002.19 which is an overlap support level. High...
WTICO/USD Short • If price impulses down below our area of interest on the one hour chart, then I'll be waiting for a subsequent two touch tight five minute flag to form and then I'll be looking to get short with a reduced risk entry on the break of it. • If price impulses down below our area of interest on the one hour chart and a subsequent two touch fifteen...
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
previous idea if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
hey guys this my view point on dvl a classic c NYSE:H pattern
in this educational analysis video i share my view point on precision wire stock
So we have come to the end of the week and the news from NY session yesterday kept price from moving bullish with the structure. Ultimately price is bearish but they need to go break the highs first before flipping to bearish. Maybe that break can happen some time between now and Monday. The end of the Month is next week so I'm sure something crazy could end up...
Hello Traders! We can see price targets the swing high and 20 day look back high.
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TrendCloud gave us a huge win on the Micro Crude Oil this week. 4 hour trend is up 1 hour trend is up Momentum was also up on both timeframes creating the perfect storm. TrendCloud Signals on the 5 minute chart were sent directly to our phones and alerted us to the trade. Multiple winners on Crude Oil all through the week. If you want the exact trade plan...
1.25.24 This is a follow-up on Exxon which had a reversal about 2 or 3 days ago. It came to a perfect ABCD target... and there was a two-bar reversal.... and it looks like it's going to trade higher and I explained this in the video. I was a little disorganized....Sorry about that.... I was at a seminar today and I am very tired. It is important to go back to...
The stage is set for Friday in the S&P 500. Buyers returned but will they follow through going into the weekend. The critical piece now is will fundamentals support this market.