This weekend Bloomberg LP write “The #nyse Composite Index, which includes US stocks, depositary receipts and #realestate investment trusts, has broken multiple technical support levels including its 200-week moving average, the 14,000 mark. Now, accumulated losses could force #funds to sell more assets to raise cash, accelerating the selloff“ Well, #sp500 is...
A head and shoulders pattern is a bearish reversal pattern that indicates that the uptrend has reached its top and that the reversal has begun. As you can see from the weekly chart, this head and shoulders pattern suggests a very negative price action in the following weeks until F finds firm support and bounces off to bullish territory
Sell HDFC future below 2400, shall update levels once trade is triggered
hello guy, there's a great scalp for the moment, big probability to win the trade.
Hello Dear friends Double ceiling pattern in four hours time frame!? Considering that the $7 range was completely consumed in the previous corrective process, we have more mentality to continue the downward trend. We would be happy to hear your comments
Yesterday I published an idea and emphasized BTC is going to reach at least 19k (the link is mentioned), and now we see that. stay tuned
LIN is showing a nice SHORT setup ! however , entrance has not yet triggered ! What are entry triggers? Lets follow and see. As shown on the chart , Wave 2 or B was a real bull trap ! it Retraced back around 0.786 of wave 1 or A. After completion of the mentioned bull trap a considerable decline started which can be labeled as wave 1 of 3 or C. This...
Compression of price can be seen and resisted at price of 144.834. High potential to drop at previous SND zone at 138.992. The sell zone at 143.997
Powell came out in a short speech from the Jackson Hole seminar to send a message that the Fed will continue with its aggressive policy until it controls inflation, and will not change its policy. The Fed has started a tightening cycle since last March, raising rates by 225 points since then until today. The market sees the interest rate between...
USDJPY may fall as we can see heavy supply in Market just wait for the Price to reach its Original zone for short entry. Trade safely my Friends and let me know your views in Comments about this.
In upcoming sessions i will be watching closely this pair for Short opportunity . do your own research before taking this trade , Use proper Risk Management and Exit strategy.
As we can see heavy Supply in Market we have an Sell opportunity, just wait for Correction till our supply zone. Trade safely my Friends and let me know your views in Comments.
My perspective on GOLD. Last week a strengthened US Dollar caused XAUUSD to slip below a yearly low which was last visited 9 Aug 2021. Technically, Gold is on an overall structure of a Monarch Pattern/Bearish Bat on large timeframe (W1&M1). We observed strong bearish movement which resulted in a breakout on support line(1680). The breakout is currently in retest...
Bitcoin continues to fall against the strength of the dollar, after breaking the support level of 19600, the price is retesting the area, and the second rejection from the supply indicates the continuation of the fall.
The US headline CPI data released last week surprised the market with a smaller drop than expected. As such, a higher chance is being given to a 75-basis-points rate hike in the upcoming September FOMC meeting. The US stock market reacted with a major sell-off last week, signalling that the summer rally has overstayed its welcome. The Dow Jones plunged by 1,300...
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
i would like to make short gold after it will increase but still need to hold long order till it gets touch to the level
Next week we have the FOMC meeting. Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets. Major cryptocurrencies have seen heavy coin inflow into exchanges recently. I expect a strong sell pressure next week. MATIC/USDT short Entry Range: $0.80 - 0.85 Take Profit 1:...