At the moment we observe that the price is in a correction and technical indicators are trying to turn around. Although the price is still in the lower Bollinger band, and Stochastic is still in the oversold zone.
We believe that the price will go to the level of 1.14, which is the next resistance level. In case of breaking through this level, the price may move...
EURUSD 0.33% – As we can see, the EURUSD 0.33% created a great new supply on Friday, this supply is fresh and seems to hold unfiled orders, if the price will back to this supply before Creating A new low, I’ll sell there as a continuation trade, my target will be the support zone below. for those who want to take it further, the next target is 1.0950.
EURUSD – As we can see, the EURUSD created a great new supply on Friday, this supply is fresh and seems to hold unfiled orders, if the price will back to this supply before Creating A new low, I’ll sell there as a continuation trade, my target will be the support zone below. for those who want to take it further, the next target is 1.0950.
Most of the trading happened in the morning on Tuesday, tomorrow Wednesday it might be more of the same, therefore, we might stop trading around noon, depending on volatility at that time. Moving forward the zones that we will be looking to take some trader are for longs the 6400 area, we have the completion of the AB-CD pattern, plus the 161.8 extension, in the...
S&P 500 - The supply level above is the same supply i marked and mentioned in my last post on S&P 500, this supply is still relevant and if the price will return to that supply I'll Sell There, but for now, there is more chance the price will break the support that holds the price now, if that happens, I'll look for a new supply or other price action setup of sell...
good chart in 1week - in Binance exchange - you can see support and opposition line in the chart - please follow and like us and give us some comments about ideas - thanks for your following and liking us
As we can see, the momentum for USDCAD is bullish, I marked the demand below as a great continuation level for buy position, if the price will hit that demand I'll buy there, my long Terms target will be 1.3600 zones, another scenario that I would like to mention is if the price will break that demand and keep falling down, in that case, the momentum will change...
Gold seems to be holding at the top of the Regression Band
Slope rider has signalled 3 candles for diversion already.
1226 is a strong volume level that may be holding, my stop loss is above that.
Stop Loss is a tight 10 ticks.
Target is at S1 for a very high reward.
tomorrow is Thanksgiving in the US so price may just not be moving anymore...who knows...
don't...
I think S&P500 is trying to push towards a resistance level at 2657, a high volume from yesterday and Pivot P for today.
I've got my Sell Limit order up there.
Keeping a tight stop loss at 10 ticks, market may be slowing down drastically today, tomorrow is Thanksgiving Day in US and Friday markets will close early.
Target recent bottom of 2640.
Prices are from...
Hopefully tomorrow we will have the same volatility as today, we will be looking at R1 to start some shorts, this level together with the descending trendline will put some pressure for the bulls, in the other hand S1 looks like a perfect place to take some longs, at this level there is some structure, as well as the 1.27 fib extension.
Please keep in mind...
For the long terms, as we can see on the daily chart, the USOIL is in a strong bearish momentum, I marked the next fresh supply&demand as a critical key level to look for a position, Above us there is a great supply level which can be a continuation of sell position, if the price will return that level I'll sell there, my first target will be the demand below, and...
Holliday week coming ahead of us, the market seems slow, and i think that's going to be the tempo for the rest of the week. For tomorrow i like S2 as a buying point, and if the market moves higher R2 seems like a good place to start some shorts, there is some fib levels around that area as well, so i will be paying attention to the 6980 to 7000 zone.
Please keep...
As a price action forex trader, I'll wait for the price to break the resistance zone I marked on the chart, if the price will break the resistance zone it indicates the price on his way to Reach the next critical level which is the supply above, I won't buy immediately at the breakout, but I'll look for a good price action setup of buy position, my target will be...
XAUUSD (GOLD) – The GOLD has created a new fresh demand recently, As we can see on the chart from the left, there is no reason for the price to stop until he will reach the Resistance above, if the price will return to check the demand below, I’ll buy there, in case the price will break that demand, I’ll wait for a new buy position at the demand at the bottom. in...
I'm expecting Gold to break above the Pivot P and go upwards to R1.
Why? Savius Slope Rider has fired the buy signal, price is just getting out of the buy volume area and bouncing off the Regression Channel, and it's above the MA Hull, which is great!
(the screenshot with all these indicators can be found on my website)
I am not entering the order until price...
My long position for gbpjpy is dependent on what is to come with the brexit situation. If MAY leaves we could see gbp get destroyed briefly but i still think we will touch 154/158/160 before plummeting. GBPJPY looks good to go higher- completion of 5th wave. Now time to go up 5 waves.
My thoughts on two alternate ideas:
IDEA 1 - If it breaks the support zone and the trendline it would go lower to the next zone which is either at the 38.2% or around the 61.8% on fibs (that's more long term those levels as I did the fibs a bit wider, however even if I did a smaller fibs the zones I drew out will still be around key levels).
IDEA 2. If it...
EURUSD - The new fresh demand that I marked below succeed to broke the supply from the 12/11, for now, it seems the price on his way to reach the resistance above, the demand Below is a great continuation level for buy position, I'll wait for the price to buy there and my target will be the resistance above.
