While wariness remains re: larger timeframe structure for US equities (+ continued weakness in US gov’t bonds, USD strength), we are stalking near/intermediate-term longs via downside futures gaps in both the ES and NQ. The YM and, to a lesser extent RTY, are also approaching possible buy zones, thus bolstering this trade’s attractiveness.
While the primary...
My next trade will be eurusd,we see large bearish candles so sellers are in control,as pullback occurs it should show small bull candles,wait for a confirmation beafore entry.
We can se price before rejected the blue line,so bearish candles broke the lowest point.
Happy trading everyone! As always risk menagment is the key to sucess!
While we expect a correction and short-term traders could earn money using the potential upward move we believe trend is still bearish.
There is one entry and 1 TPs for this pair. But you can hold some positions more.
Levels calculated order_block, regarding support and resistances, channel and pivot points.
Price bearish impulsive move broke Daily bullish market structure to the downside so we believe that our current trend in USDCAD is to the downside.
After forming a low price is testing a broken previous support area which now will act probably as a resistance.
For other bearish confluences we can see price is just below 4H timeframe EMA and close to 1h timeframe EMA.
If you remember we already took one successful short trade from the previous red arrow and although we were expecting price to move further down and create new low for higher timeframe this didn't happen.
As a result price went up and giving us another selling opportunity.
As you can see in the picture price is at important static resistance area and just below...
Hello traders ,what do you think about GOLD? There is a relatively strong supply in the 124-1930 zone, last week market close a Bearish Rejection candle in H4. So we can more focus to short until Fib TP Leval
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NSE:ULTRACEMCO , risking 1.5% in a stock is a good setup to trade, buying at the price of 8150 and making 8050 or 10 points below is the stop loss for the trade, expect the recent ATH to be the target. CHECKOUT SOME PREVIOUS ANALYSIS TO GAIN THE CONFIDENCE TO TRADE.
USD/CAD - H4 Chart - Falling Wedge Pattern formation
Price need to Break the Trendline and Retest wedge Pattern and
after strong Reversal formation, we take entry.
Always wait for strong Conformation in Short term for entry. 👈👈👈
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“Markets are never...