Opening up a short position on FX:GBPUSD for the following reasons. Recently had a bearish CHoCH+ which indicates a strong market trend shift. This is my trigger to look for short opportunities in the market Rejected PDH (Previous Day High) VWAP Divergence line is RED and price is below the VWAP Great RR with this trade Entry: 1.26811 Take Profit:...
Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key Resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
As per the video idea price action is at a perfect place to sell, great risk reward. we've seen some lower highs and we are at a place now where it could sell off again.
Harmonics pattern of AB = CD shows the potential reversal zone from where it is now going bearish. EURNZD shows a divergence on RSI. Inverted Hammer is already created. Short Entry on previous HL will be a confirmation of trend break.
Is CHFJPY exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 170.40 followed by 169. What you guys think of it?
Here's another longer term idea on this pair and I'm already involved. Aussie losing strength over a long period of time and has tried already 3 times to break out of a range and failed every time, we can short now and hold on until we see a 50% retracement from the previous bullish leg as demonstrated.
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: According to economic data experts, GBP will not be supported today, following the SELL trend around this area, touching the EMA. ⭐️ SET UP GBP/JPY PRICE: 🔥SELL zone: 185.350 - 185.500 SL 186.000 TP1: 185.000 TP2: 184.700 TP3: 184.400 ⭐️ Technical analysis: Based on technical indicators EMA...
See how TrapZone Pro gave early SHort Entries in SPY. Both Profitable on the Hourly Chart.
All major 4 indexes are now under the Red TrapZone and The First retrace back into the TrapZone will be Key to see IF we start trending back down or not. Retrace is starting right about now!
Now that we have completed 3 waves up and a historic over 12% move up, I am looking for a retrace as recently buying failed to make new highs and the price sideways. We have ES/MES futures roll over in 5 days so we should expect volatility. and a slow creep down to lower prices as a retrace. I still think the prices will make new highs into the last week of the...
This is the last phase of this bull run MSI has been red for last 2 days Market is climbing. This is typical behavior before a correction, stay patient until prices start to go below the trap zone to enter shorts
It is profit booking for sure, there is clearly a Red TrapZone and Red UMVD in place for now. So only shorts are active now for Netflix. TrapZone and UMV combined together are complete automated technical analysis indicator package. You get to clearly see in Realtime the market trend strength and volume confirmation.
See the green UMVD which is now turning purple, that means divergence - Now we are below RED TrapZone and if we get RED UMVD now AFTER DIVERGENCE - We will start selling further Down.
Futures seems to have broken the resistance, but is seeing selling at the moment. So I belive we will see and test the Support now.
Watch out for Buying at the tops, that promptly follows with selling. We are going to correct the S&P500 and other indices so be careful if you are long TSLA * UMVD is red and so is Market strength indicator. Prices are stuck under Red TrapZone*
Price now trapped under the RED TrapZone and UMVD also shows selling in the market. So TREND NOW is lower wait for green TrapZone and green UMVD to signal up moves
As long as Price stays below Red TrapZone we are in downtrend. Watch for Market Trapping buyers every time price pops higher. use UMVD to see this.
Strong Red TrapZone and Red UMVD for Oil futures, We are going down even further.