Looking at catching a sell off on USDCAD, long term bullish but to continue this way we need to see a breather (correction). Can be very risky going against the overall trend but if we can manage to catch the move we can see huge potential for profit, again I will be aggress with stop loss and adjusting once in profit.
Looking for price to continue last weeks move and make a quick move to the downside, I'm expecting this push up move to be the retracement so first target 1.02000 then possibly further.
Price has made a few rejections from this resistance area of 145.000 already so I'm looking for a reaction to this area once again. If we see this push down first targets would be 141.970, if looking at taking this trade please remember the overall long term direction is still to the upside so it has every possibility to as long continue higher.. make sure you are...
Ill be waiting for price to make a quick move down on the lower timeframe for a quick intraday short as price should return to sell off zone of 1.04000
Looking at a quick move down on EURUSD to continue the bearish trend, price should come back into the low it made last week of 0.95600..
As I've explained I am targeting a long term 12k for bitcoin where ill be planting a few long term buy trades. Short term we can see price creating a triangle consolidation range where price is gearing up for its next move, and I believe that will be to the downside. A push out of this highlighted zone should indicate the next short term direction.
The last weeks in the markets looked ugly. If SPY is unable to hold this level (375) we are looking at LOY 363, and then 200 weekly MA around 350 or the end of this volume vacuum around 330. All plausible. Question when buying PUTS its only "when"?
Head and shoulders on Moderna stock. Biden over the weekend stated the pandemic is over based off headline news.. Just a matter of time until the stock is worth about 40-70$.. been waiting on this. This company was worth decimals before the pandemic lol.
i'm planing to buy from the deep to the mooon if you see there is vawe on D1 timeframe and still not confirmed to go up trend but still waiting break out the level that showing
Watching price intently around the current zone, a third rejection from this zone will confirm a nice short opportunity. BUT its IMPORTANT that you wait for confirmation before taking entry! trading takes a lot of patients and that's what creates a consistent trader, don't rush any trades its Monday and you have endless opportunity week in week out.
We should see some resistance out of this level at 166.000 for either a big retracement or even a move all the way down to 160. I will probably wait until the start of next week before even looking at taking entry, remember even if we do see a move down to finish the week there will usually always be a second opportunity to get into the trade.
Looking for a right shoulder to form giving a nice opportunity for a long term short position. Look for 4 hr rejection from the sell zone to confirm entry, we may not see the move this week but ill definitely be on the look out as this resistance level to hold strong and create if not a long term position another easy opportunity for a quick move down.
Just trading the obvious downside trend, looking for rejection out of the sell zone to create a failed push up ( right shoulder ) then targeting firstly the area of 0.96200 where ill be taking 50% profit and riding the rest and break even!
$MSFT has been in selloff and it's been frequently discussed these days. If we break current level, there is not much demand down to $220 and $208, which would be about 36-40% down from ATH, respectively. I can see MSFT getting there if overall market is wacky. Chaikin Oscillator with Bollinger bands also generated sell signal on August 8th and since then it's...
Let's see, a big decision time for SPY. Small bounce is plausible. Looks ugly.
CME_MINI:NQU2022 - PR High: 12372.00 - PR Low: 12347.50 - NZ Spread: 55.0 Evening Stats (As of 12:45 AM) - Weekend Gap: -0.59% (filled) - Last Weekend Gap: -0.18% (open > 13125) - 8/19 Session Gap: -0.04% (open > 13540) - Session Open ATR: 300.19 - Volume: 27K - Open Int: 258K - Trend Grade: Bear - From ATH: -25.6% (Rounded) Key Levels (Rounded - Think of...
I discuss five indications that traders need caution on QQQ (and market generally) instead of expecting an immediate directional move. This video demonstrates how to use chart analysis to form context for placing trades. By understanding the daily chart, traders can then look for good trade entries on smaller timeframes. I also created this video to counter all...
CME_MINI:NQU2022 - PR High: 12512.00 - PR Low: 12460.00 - NZ Spread: 116.5 Evening Stats (As of 12:05 AM) - Weekend Gap: -0.59% (open > 12558) - Last Weekend Gap: -0.18% (open > 13125) - 8/19 Session Gap: -0.04% (open > 13540) - Session Open ATR: 300.97 - Volume: 50K - Open Int: 260K - Trend Grade: Bear - From ATH: -25.6% (Rounded) Key Levels (Rounded -...