Good day great traders it is once more with my greatest delight to be serving you insights on Nasdaq today
Now what's been happening with this market
Weekly our trend still has been bearish since 27 Dec 2021
Again, we have recently approached the 13000-price level which has a weekly support that has 4 touches holding support since 8 March 2021 so it is a strong...
Should the market again respect that major support structure i am making money of Buys
Have the best of weeks Traders God In Jesus is about to do something big in your life
Well skills and experience are put are test here
This could still break the downward trendline i have in place there
it could still create a double top successfully create a new lower high then
lower low see breakout entry tell me what
i recommend buy USOIL at this levels as you can see
we have main trend is up also a best signals in belkhayate cycle + belkhayate trend + break a nice down trendline + now we have a new up trendline
enjoy
CONGRATULATIONS GUYS ..After a long patience, I decided to close my trade at this levels ..if you still in the market i recommend you to close you trade and wait another trade
Well in an up trending market like this you can wisely be taking more buys or you can go do the hard job Hope for a sell set-up to occur .
Simple a Inner trendline has been drawn on lower timeframes'
we expecting a 3rd touch
successfully stay above trendline through a series of confirmation candlesticks
• market haa formed an upward trendline for the past months and has come back to respect it 7 times
• earlier this month it respected it again and impulsed up and then during this month it lost some momentum, formed a corrective move and changed direction for a short period of time
• at the end of last week it broke above a previous HIGHER HIGH and it was...
GOLD has been in a overall down trend judging from the lower highs it has created consistently till the trendline is broken no other set-up should be considered besides sells.
1.Market has successfully kept downward trendline as resistance.
2.Yesterday market yet again kept below resistance
Tell me what you think
This is so simple
1.Market is making higher highs and higher lows
2.There is less intent to move to the downside
3.We are not breaking structures loads of wick movement
Ill ask GOD Surely he will open our eyes to spot more quickly
The higher Timeframes tell us we Long term Downtrend however we have seen less intent of movement to the downside.
Things to Consider before a Trend change:
1.Break of previous Lower high .
2.Create new Higher highs x2 or move
3.Reject Broken key levels.
Till then we should be considering selling on the Long-Run
