Sell US Index as we notice a bearish bat pattern targeting the lower limit of the ascending channel.
Hello Traders! So, the weak uptrend tendency in suggested 5-th subwave of EDT pattern is possibly may continue. Please be care yourself in such risking situation. Subscribe! Join me! «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, trader Igor.
Hello Traders! Accurately suppose the weak uptrend tendency on DX, with multivariate development of priceaction. Please be care yourself. Subscribe! Join me! «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, trader Igor.
Our analysis this week Dollar is expecting to continue make a decline. Last week could be seen price reversal at upper line and also did not break thru resistance for several consecutive weeks.
S&P 500 has hit a huge fibonacci level to go down lower. Coincidentally the other 3 major US indexes have hit a high to low 50 as well. The Nasdaq, Dow Jones, and Russel have also hit this level. There is a good chance this continues to the downside. In order for the markets to be bullish again the indexes would need to break above the 61.8 (red line) with strong...
Watch for todays FOCM movement, and later hours for London volume to see which road will take. Details in the Chart
RUSSELL 2000 Index did exactly what i mentioned in my last 2 charts. we are forming a double top, So its time to see if we are going for a breakout or a double top and shorting from there.
Dow Jones. We have a decent bounce from the support region of 23,850 and that regions have become strong support now. We might see the move higher for now with 24500 and ultimately 24,888 in mind. 24,888 will be a strong resistant to crack and the market shall not get past that easily. A Swing High shall unfold for now. DYODD and Trade Safe s0nic...
This is a possible reversal which i'm looking at, because the US index is going up, and the EUR index is going down but they are both approximating a resistance and support respectively i wont be entering the trade until further confirmation, which most likely would be seeing the rejection on the pair and the indexes.
Follow the waves, use every wave as a resistance and support, use the intersection(red vertical lines) of all waves as an indicator for the big move! let's surf these waves!
I am assured EUR|USD meets 1.1750 in medium term. # Usindex is getting strong.
Comparing these two we can see great resemblance :) DJI is monthly and BTC is daily and as we all know that coins move much faster so nothing special here :) I am expecting a major correction on DJI similar to what we have seen on BTC in last few months but as we can see this will take 1-2 years :) Hope it will be interesting for you guys. Any comments will...
In moderate term It's going to meet 93.60 maybe 95.50 So it has a deep influence on commodities, Gold, ...
Hello Traders! Accurately suppose, that the "Flat" model and Bull's "Cumulation Balance", will be on US index the whole 2018 year. So... Based on intermarket correlation, it gives the opportunity for downtrend on EURUSD, GBPUSD, AUDUSD, NZDUSD and uptrend for USDJPY, USDCAD, USDCHF . Subscribe to "Powerful Traders"! Everyday, nine Tengri's traders, creates...
Hello Traders! Accurately suppose, that the "Flat" model and Bull's "Cumulation Balance", will be on US index the whole 2018 year. So... Based on intermarket correlation, it gives the opportunity for downtrend on EURUSD, GBPUSD, AUDUSD, NZDUSD and uptrend for USDJPY, USDCAD,USDCHF. Best regards, team traders ''Powerful Traders".
If dollar break neckline then conform its make head and shoulder pattern and its going to our Expected targed . Dollar and eurusd in positive correlation and eurusd also make Head and shoulder pattern , yOU also check our eurusd ideas trade with care and good luck positive correlation with euro Asad Ullah Jass
Under the past weeks I've been posting a dollar reversal scenario, this week we are closer to that output. EUR/USD broke a 6 month support uptrend on late September. Oscilators on 1W chart were showing enough strengh to break support line and it happend. It rallied and found support at August Peak defore correcting. On this week a Head & Shoulders pattern was...