Here is an update on my US30 trade idea from a couple of weeks back, we are on track for the sell off till mid December.
Welcome to TradrHq, We provide Technical Analysis for a selected currency pairs and Index As price begins to pullback on the daily timeframe we can see on the charts where our last all time high of (27300) was rejected. Our FIB tool has measured a retracement to our first PRZ 38.2. Wicks at this level can possibly signal a continuation of the daily and weekly...
Buy US30 have been waiting all week for this entry, We have some good talks happening for the rest of the week which will help push us up further, Being an indice it matches into our startegy Follow us on instagram NTECFX :D
End of the year = People selling stocks at profit to buy Christmas presents Marked up this chart to show the down fall from October to late December of last year. Personally I don't think it will be as bad as last year...However I do expect it to fall to the highlighted areas which my arrows point to. As always be cautious and be careful. Likes & follows...
Waiting for a sell setup with TP1 back to the h4 trendline, and if we do get that break of trendline we can look back to tp2
ABOUT TO FALL HARD<wait for breakout and retest.
Welcome to TradrHq, We provide Technical Analysis for a selected currency pairs and Index Last week the US30 has reached all time high for a second time. On the daily time frame we can see price got rejected (27350) two times. The daily rejection of the (27350) daily resistance gave us the indication that we could see a correction soon. On the weekly time...
dow jones still on a bullish run and momentum, looking for it to stay inside the channel , also everyone is expecting the "drop" how many have been caught out already? dow jones job is to do well in performance, i see it respectng the channel , ive also called in my telegram group US30 to make a new high this month also. insta - imtonythompson Telegram - Ntec...
Price is showing potential to continue moving bearish and is currently in a potential sideways correction. Take profit and stop loss levels are marked. Educational tip: Every trade you take is nothing more than educated 'guess' with a 50% win probability . Your job as a trader is to make sure you are educated fundamentally, technically and psychologically to the...
see the weekly panorama daily view (double bottom with good volume)
Great Trade today! Did you catch all these pips? Do you still want more like this?
After anticipating the rise of price in the previous analysis we can see now that price stopped short at our weekly midrange resistance (27,000). Price has been rising for weeks now so a pullback is likely now. As of right now our weekly midrange resistance (27,000) is being tested. Basing our Fibonacci from the daily time frame, the 38.2% fib level aligns with...
After looking at the weekly time frame I came to look at the possibility of price reaching high (27,500)- (28,000). If we draw our Fibonacci from point A (22431) and point B (26563) we can see that we have confluence at two different FIB Level. Our first level 38.2% has perfectly aligned with our weekly mid-range support (25,000). Not to mention price formed a...
With the rejection of our weekly midrange resistance (27000) on the daily timeframe we monitor the pullback or retracement to an area of support. We are expecting price to reach (26143) at least but we prefer (26000). Now if we do reach (26000) and manage to close below it on the monthly timeframe we can start to see the overall long term shift in price action....
Last analysis we talked about a retracement to a daily level or zone if it is broken. Well the daily resistance zone (25882) is broken and its now acting as support. We also talked about price retracing to this level before continuation of the current momentum. Well assuming that market closes today bearish and we get our first daily resistance point since the...
Last analysis we talked about the daily resistance play. Daily resistance (25882) is broken which means we are going to expect higher price movement. I do see a long play as in the weekly time frame weekly midrange support (25000) held firm. Also on the weekly timeframe the weekly candle engulfed past three weeks of price action indicating a song buyers momentum....
We seen the market make a retracement last week to our 120% fib level. What does this mean? Nothing really because we didn't take any short positions. All this mean is that we retraced to 120% which is above our daily resistance zone (25882). If we take a look at our weekly chart our weekly midrange support (25000) has held firm causing the price to shoot back...