Hello traders. Tesla has been consolidated and tomorrow we might have a dowtrend, by the way the gap could be negative! The prices might drop from 751 (PP) to 738(S1), to 716 (S2). hoping that prices don't break at 702 that it would confirm a new drop to 620, not tomorrow, but during this week. On the high side, we could have 774 to 785, conditioning that the...
Hello traders. Nasdaq has been consolidated and tomorrow, We might have a strong sell zone, the last resistances, and support that I showed before still working and tomorrow we should check if the prices won't strongly break down at 12359 and if the prices do it, it should bounce at 11906. The target for tomorrow S1 -S2 All this is to keep the technical reversal...
BINANCE:BTCUSDT I placed these marked zones long time a go and you see how they accurate. I believe bearish market is over.
banger pitchfork for future reference i'm accumulating
Good morning traders, As expected, Bitcoin went to the 25k - 26k area. An important price point that was on the horizon for a very long time. There's a strong case to be made that this is the bottom, or at least, A bottom: - Historically, only once BTC went and stayed below the 200 weekly ma; - the week S1 pivot is also a historical strong support; - last week...
We are ready for both 2 scenarios trading the breakOut , 1) will place buy stop pending order at 1.04201 with 1:1 risk to reward ratio placing SL below the support line. 2) will place Sell stop pending order at 1.03487 with 1:1 risk to reward ratio placing SL above the resistance line. Although it’s 1:1 risk to reward ratio but this trade is if started at...
In addition, we could see even test of the 9K area, and staying down for a few years as people lost interest.
Good opportunity for SOL if we test the 14 area. Looking for the bear market to continue.
Are you looking for a potential buy trade on GBPNZD? If so, then you'll want to take a look at the Fibonacci tool. This nifty little tool can help you identify key support and resistance levels, which can then give you an idea as to where the market might be heading. In the case of GBPNZD, it looks like the market is currently testing a key resistance level. So,...
EURUSD has been in a strong downtrend lately, and there are still good opportunities to sell it. In this post, I'll outline my reasoning for selling EURUSD at current levels, and provide charts to support my analysis. I'll also show how you can use Fibonacci retracements, pivot points, and Zig Zag channels to spot trading opportunities. So if you're looking to...
Hey traders, bearish action is back. We are in one of the deepest corrections in price. The market is correcting the prices from March 2021, 14 months ago. There is a good possibility in short term, to see another price correction, since October 2020 prices (11020). For now, keep checking the trend, looking at the pivot point levels. There are plotted on the chart.
Hey traders, SPX is showing the last correction wave C 1-day frame, which is almost over. The market is bearish, we will see the market going slowly higher, bouncing between the pivot point bands and going up. Pls remember to check the trend, the price should stay up at the pivot point level and bounce in it, without breaking. If the price goes down the pivot...
Hi traders, BTCUSD is showing the last correction wave C 1-day frame, which is almost over. The market is bearish , but we will see the market going higher bouncing between pivot point bands going up. Pls remember to check the trend, the price should stay up at the pivot point level and bounce in it, without breaking. If the price goes down the pivot point and...
Hi traders, NASDAQ is showing the last correction wave C 1-hour frame, which is almost over. The market is bearish, but we will see the market going higher bouncing between pivot point bands going up. Pls remember to check the trend, the price should stay up at the pivot point level and bounce in it, without breaking. If the price goes down the pivot point and...
Watching GBP today to see if it can build a base for an upside move. I'm not convinced currently but price action is starting to develop. I'll be watching the pivot levels around 1.232 to see if we can make a nice break higher. We took a similar trade last week on GOLD which worked out nicely, but remember: There's no need to try and nail the bottom! It's...
Hi traders, the market is going higher. Pls take a note about this, first of all, we might have a Fib 78%, retracement until 12980, keep checking the trend and the retracement level. R3 14,656.83 R2 13,984.13 R1 13,740.27 PP 13,311.43 S1 13,067.57 S2 12,638.73 S3 11,966.03
Potentially looking at AUDUSD for further upside, however the pivot level is acting as good resistance. We may reject from the level to gain some distance before a momentum fuelled move to the upside. Tricky pair to judge but it has been in a sustained downtrend since April 5th. Watch to see if we get a clear break through the pivot high or decrement back...