Hello traders!
‼️ This is my perspective on US500.
Technical analysis: Here we are in a bullish market structure from 4H perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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The situation does not look great for the stocks market, all the shares have reached very high levels but lately the volumes have slowed down due to the very high prices, no one wants to buy Meta, Apple, AMD or Nvidia at some prices with 100 or even 200% higher than a few months ago, so a price correction is beneficial.
At the moment we see that on the 4h chart,...
On daily timeframe, we have a last pump wich show us the level of distribution area, nothing bullish undeer 4200.
If the daily candle will close under 4.160, i will enter short
After 5 wave decline in a limited downside triangle ,the trend reversed @ 3491 on 10th Oct'23
the reversal is a Zigzag 3 wave up move, where wave B is completed today after a BO rally and retest of upper trend line of Exp Triangle.
its time to start next wave 'C' from today 10th march.
buying is a good opportunity for a month or more having a target of...
Pair : US500
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line and Retracement
Divergence
Break of Structure
Bullish Channel in Short Time Frame as an Corrective Pattern
Completed " 12345 " Impulsive and " ABC " Corrective Wave
ON US500 I would not trade in the next few days, more information and more movement is needed because from this area it can both go up and down.
In practice, I closed the day above the support but it is below the trend line (the blue one), if on Monday it does not close above the trend line and possibly confirms on Tuesday above the trend line, then in that case I...
Hello traders!
‼️ This is my perspective on US500.
Technical analysis: Here I expect bearish price action as we can see that price took buy stop liquidity, filled the imbalance and then rejected from bearish order block.
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Hello Traders,
on higher timeframes CURRENCYCOM:US500 is trading on a triangle. For the moment we don't know where will be a breakout so we're trading inside of it.
Next target probably the 3850 level.
I decided to share my entry today, AUDCHF broke out from a double top chart pattern formation and retested decently. I'm expecting a drop down to 0.5771 which about 400 pips
my first target is 0.60451
US500 - Intraday - We look to Buy at 3858 (stop at 3818)
Levels close to the 61.8% pullback level of 3972 found sellers.
An overnight negative theme in Equities has led to a lower open this morning.
Intraday, and we are between bespoke support and resistance 3858-3983.
Immediate signals are hard to interpret.
Preferred trade is to buy on dips.
Our profit...
Since January 2022, the US500 has been experiencing a downtrend. Recently, the price has broken through the trendline and subsequently retested it, indicating a bullish signal. I predict that the price will continue to move towards my target zones.
However, it is possible that the price may remain within a certain range for a period of time, or even fall below...
We have showed you this multi-year Channel Up on the S&P500 index (SPX) before. We have shown you the Lower Lows Support of the 2M RSI that has caught all major bottoms since 2016. What this chart shows is that the index has bottomed on the Channel's Higher Lows (a 13 year trend-line) and is basically on an accumulation phase before the new rally begins.
The...
Smart Money Concepts
During the london killzine (2.00-5.00 ny time) a draw on buyside liquidity took place. The draw on liquidity took out the previous high and formed a bearish market structure shift.
As a result of taking out the previous high and forming a market structure shift, a bearish breaker block has formed. Due to the strong bearish momentum, a...
Hello traders!
‼️ This is my perspective of US500 .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
GBPCHF I'm expecting this pair to go down as I supported a weak sign and it making a lower though it is still standing on a minor support. I will be opening a position if it break the zone and retested it.
Pair : US500 Index
Description :
Flag Pattern
Divergence
Bullish Channel in Short Time Frame as an Corrective Pattern
Break of Structure will Complete its Retest at S / R Level
Completed " ABC " Corrective Pattern
Impulse Correction Impulse
US500 - Intraday - We look to Sell at 4014 (stop at 4034)
Posted a Bullish Hammer Bottom on the Daily chart.
Buying posted in Asia.
Bespoke resistance is located at 4014.
The previous swing high is located at 4018.
A bullish reverse Head and Shoulders is forming.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Our...
