price retested daily broken resistance. Next move bull market loading long term Estimated entry around 13200 invalidation level 13100 short term target 13400 long term 14150
These are the levels that I shall be watching today. My bias is to the downside for the start of the week, but obviously, with the amount of volatility possible with BTCUSD falling off, we could get all the downside and upside in one day. For now, I'll just watch what price does before the US Open. If we take the upside out first, I will be very bearish the rest...
Enter buys now! Wait for reversal entry confirmation. eg. double bottom or W or head and shoulders
I expect the price of the index to rise for the following reasons: 1 - last week it bounced off support 12918.0. This is the strong line of June 2020. 2 - breakdown of support 13324.9. Also strong line June 2020. 3 - rollback and consolidation on this line. Now I expect a rise to resistance. Target - 13867.5. ------------------- Share your opinion in the comments...
If price breaks above current trend change level longs will be valid to the next resistance and confirm the long term bull trend. Although in previous post the daily demand was doubtful it showed strong persistence in the last session. comment like and follow
Us100 D1 Ascending Channel Trade in us 100 price is moving in ascending channel and possibility price fall from the uper trend line of channel but i take entry from lower trend line because of falling wedge and lower trend line support and there were divergence also so +1.11 is locked and waiting for tp1 which is +6.15 and final target is +10.00 let's see whats happens
It looks like the price will go down to about $320. You can think about buying in the Fibonacci 61.8 range of the previous impulse wave.
Wait for breakout reversal.
Looking for the continuation higher today. Commodity prices are falling so their inflationary effect will be reducing - Fed is keeping rates unchanged for a long period of time. - US employment is way off from being 'full employment'. On the NDX chart, the gap up was filled after the retail traders chased price higher on the open. The second dip into the close...
At the end of April, the price bounced off the resistance line of the ascending channel at point 14026.7. This line was formed in October 2020, at the same time the channel itself began. From the resistance line, the price fell to the support line 13190.6 and tried to break it, but the breakout turned out to be false. Now I expect growth. So my final target is the...
I have analyse it base on the trend, paten and i saw an indication of a upside movement in a lower timeframe so it's a 1:3 RS . HAVE A BLESS WEEKEND FOX
Price has shown very little reaction on the previous daily zone. I am anticipating continuation of the downtrend even although we head a trendline breakout on H1 price remains bearish under the previous lower high. Next stop would be on the 2 daily support levels and most likely price will gap down next week. All the best Namaste
Wait for trend-line or consolidation(box) breakout. Trade the reversal off the previous day low!
Yesterdays sell-off has stopped at a daily demand zone. It Will be interesting to see if the market uses the US employment data today to test the buy limit orders or if they scoop them up pre the news and use the supply sell orders to come back lower for the day
Fundamental overview: Signs of mounting inflation have weighed heavily on stocks this week. That could lead the Federal Reserve to raise its target for short-term interest rates sooner than it has signaled, potentially impacting the stocks and other assets that have benefited in the last year of near-zero borrowing costs. Technical overview: In the coming...