On the monthly timeframe we are approaching the end of the month. We are currently rejecting the monthly key level. The weekly is showing serious signs of reversal. On the H4 timeframe is where I can clearly see structure. We are looking to continue our shorts from last week and break below this monthly key level.
On the monthly timeframe we are approaching the end of the month. We are experiencing a huge sell off to close the month. The previous 4 months candles show we may see a reversal next month. Down to the weekly timeframe we are continuing our bearish trend. On the H4 timeframe we are looking to short until we get to the lower blue zone. We will need some sort of...
On the monthly timeframe we are approaching the end of the month. We are forming a huge graveyard dojo candle rejecting a key monthly level. We can most likely see sings of reversal after this candle confirms closed. Down to the weekly timeframe we closed below the moving averages last week and could be heading lower. Overall we are in a downtrend and in a...
Good morning traders. That are my actual thoughts on USDCAD . Overall market situation is a Bearish. 2H Overall direction is Bearish. We made a retracement push into the "Golden ratio" Fib range. On the lower - TF we are making new lower highs. We broke and retested a Counter-Tl on the lower TF. I will look for a last little push into the Price of...
On the weekly timeframe we are looking to continue our downtrend. On the daily timeframe we actually broke bullish but since then have fallen significantly. Down to the H4 timeframe we broke structure and I will wait for the first pullback to a new LH to take entries!
On the weekly timeframe overall we are in a downtrend. We are currently testing a weekly level of support. On the daily timeframe we are within a downtrend and need to continue to push lower. The h4 timeframe has just broken structure and formed its first LH. The H1 seems to be trending bearish and I am looking to take shorts here to get to our next LL
On the weekly timeframe we are respecting a bearish confluence area with the potential to form a LH. On the daily timeframe we are right at a key level in the market. Down to the H4 timeframe we really need to break below 0.64000 to head lower. If we do break this level the first retracement will be a nice area to sell.
GBPUSD: On the weekly timeframe we are on our way to forming another LH with last weeks candle closing with no wick through the moving averages. Down to the H4 timeframe we can see a clear break of structure. Ideally we need a pullback to from another LH before heading lower. I’m thinking we could pullback to retest the red zone before heading lower!
Hello, everyone. Thanks for reading. You can sell, risk reward is good. Thanks for reading Dont foreget to leave a like if you liked my idea
USDJPY: On the monthly timeframe we are retesting a key level of support. With a lot of buyers exhaustion coming at the end of this week. On the weekly timeframe we closed last week with a bearish engulfing. We are continuing the overall downtrend! The daily timeframe we are resting a level of support which previously held pretty strongly. On the H1 timeframe we...
On the monthly timeframe we are retesting a level of key resistance. On the weekly timeframe we are coming into a confluence zone for bearish setups. Last week closed with a spinning top showing signs of reversal. Down to the daily timeframe we are seeing signs of reversal but are still in an uptrend. I need to go down timeframes to see structure. On the H1...
On the monthly timeframe we are retesting a level of weekly support with quite a bit of exhaustion. Last week closed with huge wick rejecting the weekly level of support. Overall we are bearish and will need to go down timeframes to see structure as I expect some sort of reversal. On the daily timeframe we are continuing our downtrend and currently in a pullback....
On the monthly timeframe we are testing a monthly level of support showing signs of exhaustion. On the weekly timeframe we are testing a level of support and formed a spinning top last week. We are still bullish on these two timeframes. On the daily timeframe we are bearish and currently pulling back to a level of resistance. We broke structure on the H1 timeframe...
GBPUSD: On the monthly timeframe we are retesting a monthly level of resistance. Last week we closed with a spinning top at the resistance level. We could potentially be forming a lower high or find support and continue higher the the 200 day moving average. On the daily timeframe structure has broken bullish. Down to the H1 timeframe we are still very much in a...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think that MARK was shortened out of a bullish run quite recently, and while they seem to be not too capital intensive for the business sector they are in, likely they are to receive continued positive support and the next...
The chart is quite self Explanatory. If the stock sustains below 500 levels, the chances are high that that stock is heading towards 472- 470 levels. Stop can be placed at 505-507 levels. Trade type : Swing Risk Reward 1:3 Risk : Moderate to Low Do your research because your are Trading at your own risk.
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I previously predicted a bearish run for IZEA. It ended up dropping below the $2 level, but quickly retracing positively (to my surprise). However, I think it is heading towards a risky zone. I feel like you can take the...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, looking at the growth rate potential of SPCB and ADOM, I think ADOM currently has more potential, and that $SPCB is still expecting a positive retracement. However, I feel like now isn't the time for diversification over...