Bulls have been having a hard time lately and this week their exhaustion got pronounced. Both weekly and daily, including the 4H timeframe are giving strong hints into a more probable trend reversal. This week's Pin Bar may commence a selling pressure which in turn may begin a bear market. This trade clearly offers an opportunity highly lucrative for swing...
I think we will fly tomorrow) but after tomorrow's performance we can grow in price If you could ask cz_binance anything, what would it be? To celebrate #BinanceTurns2, CZ will be LIVE on periscope for a Binance AMA session, this Friday 12th July at 3am UTC. He may even have one or two things to share
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @ 0.7046 - .... and fall to the 0.692 . In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.692 FX:AUDUSD...
At the moment, there is no interest from the buyer. The bear flag is on the chart. Most likely we will continue to move in.
Trend on daily chart is sideways to down price is dropping out of a supply zone on 4hr chart Price on weekly chart is closer to supply zone = this means the euro is in expensive territory
It is a very simple break and retest setup based on trendline break. SL : 41 Pips TP : 82 Pips Trade At Your Own Risk Analysed by : Adika Anugrah W @adikaanugrah Stevano Devon @stevvon Rayhan Ramlan Esfa @rayhanre
The sell pressure breaks the trendline and will most likely continue to move down to at least 1.25100.
Gold will probably retest one more time before it continues to weaken towards the 1405 support level.
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @ current levels - .... and fall to the 0.66 . In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.66 ...
The bears sharpen their claws, as the head and shoulders pattern on the one day chart gains attention. A break of the 1.60500 level will lead to an immaculate drop to the 1.57000 support area. The bad news doesn't stop there, the European central bank is expected to cut rates twice in the coming weeks, This may open the flood gates to the 1.55000 area. Its...
AUD/USD is closed to strong resistance and we can expect the reversal or pair will broke the line and make a higher high. I will closely monitor the pair and trade when my setup shows the signs of sell or buy.
dow jones running above record BUT how long? here is the best place for an good short entry. good hunting