Pattern: Fibonacci Channel on 1D. Signal: Buy as the price entered the 1D MA50 - 1D MA100 buy zone again. The 1D RSI is on the (Support) similar level that it was on the Jan 29, March 04 and May 12 bottoms. Target: 4350 (the 1.5 Fibonacci extension). Previous S&P500 idea: ** Please support this idea with your likes and comments, it is the best way to...
dont forget put SL , even you eat SL ,not sad ,looking for next buy strongly we advice dont sell under 34000 if your buy go to profit,like stupid new trader dont close it soon , give it time to reach new high 35000 dax fut symbol i trade it =FDAX1! good luck
Last week the price broke through the resistance line 4177.5. Thus, she left the growing channel. The price fell to the main channel and bounced off the 4077.9 support. After that, the base began to grow and turned around again. I am waiting: 1 - touching the line of support 4090.8. 2 - growth to resistance. Target - 4242.2. ------------------- Share your opinion...
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...
To all the concerned traders either in TSLA or looking at TSLA.. Right now if we look at the weekly perspective we can see that TSLA is in the bottom of its uptrend channel. Furthermore it is CLEAR that TSLA is also near a strong support level which we bounced off in March aswell. However we can see a resistance building up above over the past few weeks and also...
Focus this week for investors will be on the minutes from the last Federal Reserve's last policy meeting that are due on Wednesday. There will be hopes that they might provide some clarity on policymakers' next moves. Last month, the Federal Reserve left monetary policy unchanged, despite acknowledging a "temporary" rise in inflation and an improvement in the...
The price has been rising in an uptrend since December 2020. The main resistance line for this trend is the line formed in November 2020. In May, the price touched it at the point 4253.7, after which it collapsed and made a false breakdown of the support line 4121.3. The price has returned to this support line and now I expect it to rise first and touch the...
I already correctly predicted the downturn of last week (see linked ideas) but it didn't go through all the way I expected. Basically, we are at a Fibonacci crossroads. Either the trend would end this month or would go further for a few more. Either way, a correction is happening this month. There are many signs of ailing enthusiasm and the market is tending...
Smart money Concept Possible sell on US500 S&P500 Market pretty bullish on Friday, looking for a push towards what may be a bearish order block. could possibly see some liquidity hunt to trap buyers before pushing lower.
we're in an extended b wave right now (nicknamed the suckers rally) \\ same concept as ndx via: wave b pt: 4620
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.
As you see in the 4H chart, we have a downtrend. The ascending trend line has been broken out to the downside and price has been fallen sharply. Price got rejected by the demand zone (1) and started to rise and it is approaching to a supply level which is also a resistance level either. IF price could not close a bullish candle above the supply level, I expect...
As we can see, AUD/USD is forming a head and shoulders formation, this would fit in to the idea of a fall in american markets (as we can see in the other ideas uploaded (watch related ideas in the description)) as AUD/USD has a big correlation with the markets.
Yestarday's CPI print was just one more scar on a very bad track record for economists to accurately predict the outcome of economic data in a post-pandemic world. Whether it's the monster beat in yesterday's CPI or the dismal miss in Friday's NFP, it's clear that there is noise in the economic data right now. In an article on Barron's yesterday the author...
Pattern: Bullish Megaphone on 4H. Signal: Buy as the price completed a -3% pull-back. Second buy signal when it completes a -6% pull-back as since December every -3% to -6% correction was followed by a rally. Also the MACD hit its 1st Support. Target: 4300 (slightly below the 1.5 Fibonacci extension of the Channel). ** Please support this idea with your...
The price has been moving in a growing channel since December 2018. In early April, it broke through the support 4013.4 and left the channel. Then it continued to rise in a small uptrend. In early May, the price made a false breakout of the 4160.0 turn support. And the other day - the second breakdown of 4185.5. I expect this breakout to be false too. The price...