NASDAQ:MSFT reports next week but is having some selling pressure ahead of its report. The two very small-bodied indecision candlesticks with wicks and tails, and now followed by a larger down day, indicate weakness for potentially more downside. However, because weak to moderate support levels are not far off, selling short is not a good idea for swing traders.
Telecom Industry stocks hit the wall of Market Saturation some time ago. NASDAQ:TMUS has a pattern that indicates a controlled selling mode of larger lots before the earnings report. There has been more volume to the downside and money is flowing out of the stock while the price action develops a narrow sideways range. Risk for a breakout to the downside is high.
Just wanted to give you all a quick summary of where I stand regarding the recent Bitcoin price movement. In short, I believe that Bitcoin could possibly still tag 44k before the sellers come back again to take us back down to 37-39k. This is where I start to make my re-entries once again, DCA'ing it as we fall.
Plus, we'll start by looking at the DXY and SPY and...
Traders,
As expected, Bitcoin has now arrived down at my $39,877 level. This is a target that I have set for the beginning of my DCA entries. I think we could come further down to my channel support areas and I will add more here if that occurs. But, if we break those supports, I will exit and look for lower entry points because, at that point, I would expect a...
2. Nifty Metal - 2nd highest fall among Nifty Peers - 3.82%
Monthly Chart - After a 10+ years BOX pattern BO in 2021, it went higher and formed an Bullish Ascending Triangle and BO was also done
Weekly Chart - After BO the usual retest is happening. Once again - compare the previous weekly RED candles - nothing alarming today and Bullish Pattern perfectly...
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** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Hello traders.
After a long bullish move for gold, I can see that there are many sell order in the zone 1660-1680 based on volume profile.
The area of 1675 - 1707 which used to be great demand area - ideal for longs, is not valid as support any more. Despite the global financial crisis, USD is getting really strong in the mid-term. The Demand zones close to...
i have made a detailed analysis, that why Nasdaq is falling, and based on different corrections, bear markets and from various crashes, i have made the support and resistance, which determines the supply zone. finally, the markets will not face any crash such, the Nasdaq is just falling because of the hike of interest rates, thats much. people and institutions are...
After selling pressure above $1250 ETH is testing a very important – but not strong - support level at $1105.
A monthly close below this level could be really a disaster for Ethereum, as it will trigger a 40-60% fall.
Except some local stops there is nothing strong to support the price.
Be Careful with leveraged longs!
After several breakout attempts DYDX rejected at $1.53 resistance.
If selling pressure withdraw in conjunction with a BTC short-term recovery, it will hit $1.62 strong resistance.
$1.53-1.62 are perfect levels to look for shorts.
The revisit at the ATL is inevitable.
As illustrated, it would appear that the markup phase is done on the Dow Jones for now as price entered a phase of distribution and broke out. I am anticipating nice selling opportunities for traders but as always manage your money wisely.
Will update as time goes on, stay tuned!
Good Luck.
God Bless!
A potential selling opportunity if trend lines breaks with significant selling pressure otherwise price may test new height before returning to sell zone.
This indicator is best for only selling price action. I have tested it & much profit for this Indicator.
I'm using two indicator.
First Indicator of all we have to search SSL Channel Indicator from Trading View. For 3rd option click on SSL Channel, Miss Tricky.
Second Indicator, we have to search NSDT HAMA Indicator from Trading View. Click 1st option NSDT HAMA...
Hey guys,
I'm not seeing a whole lot of stuff out in the market at the moment that I really want to trade, I've been trading some fundamentals on the Aussie dollar for the past few days and on the outer timeframes, looking at all the charts I'm really not seeing anything grab me. One thing I have noticed is this massive imbalance here on the GBPNZD pair. If we...
CME_MINI:NQH2022
- PR High: 13517.75
- PR Low: 13457.25
Evening Stats (As of 11:50 PM)
- Gap: = N/A
- Session Open ATR: 446.46
- Volume: 161k
- Open Int: 261k
- Trend Grade: Neutral
- From ATH: -21.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 13500
- Short: 12390
Keep in mind this is not speculation or a prediction....
