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...
price advanced up to distribution stage where I think price will then consolidate for a bit, then price will decline.
us500 long call 50 pips entrys are on the chart GOOD MORNING MIAMI
Moving with the growing channel since January 2021, the price left the main growing channel in January 2019. The price is at support 4166.2. I expect the start to rise as the price has remained in the channel for the past few weeks. The target is 4292.7. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
In early April, the price broke through the December 2020 support line at 4061.0. Then it rose to the resistance trend line of November 2020. During the month, the price moved between these two lines. Now it is at the 4180.0 support line. The price tried to break the line, but I believe that the breakout is false. I expect growth from this point to the resistance...
Since December 2020, the price has been moving in an upward channel. It broke through this channel in the support zone in February 2021 at point 3903.2, and returned to it in April at point 4058.8. After that, she continued the growth in the channel. I expect the price to bounce off the 4177.3 support first. Then it will rise to the resistance line 4268.2. This...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for US500, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Here is the analysis behind my latest stock purchase $CINF (Cincinnati Financial Corp) PE Ratio (Trailing) = 5.42 ROE = +29.9% ROA = +11.4% ROIC = +10.9% Solid data there and then the cash situation looks very strong. cash flow is growing but capital expenditures are not meaning the free cash flow is growing in recent years with the most recent 12 months...
at these levels its smarter entering short positions than long positions
As markets enter into the month of May, investors will turn to the US jobs report due this Friday, which will probably point to an acceleration in the labor market recovery. Appearances by Federal Reserve officials and other data, including PMIs for indications on the health of the U.S. economy will also be closely watched, as the reopening continues On the...
Bigger Picture, framing the context: The structure is in an extended trend to the upside, and it looks exhausted. There's divergence on almost all timeframes on the MACD and volume indicator. A big correction to the downside is looming and can happen in the near future. Therefore I'll only look for short-term buy setups. Intra-day Pattern(s): We are making a...
on daily,weekly chart ,fibo on corona crash show sp500 buyer target is 5400 !!!! but for comming weeks with very exclent company earnings ,sp500 new + up trend comming if you have old sells, must put TP for them on 4100 and buylimit there Advice= dow dax nasdaq sp500 manner is + up trend ,if they go 100 point down,300 point back to up true?, see...