NZDUSD currency pair has long confirmation. As we see buyers are active after breakdown of the consolidation. Risk reward is 1/2. Good luck!
The US30 took a huge dive after bein unable to cross the barrier of 33300. The downward move was triggered by the worst than expected inflation data from United States of America indicating a possible hawking monetary policy in near future. My idea is that the price action of US30 will now move towards the support of 30600, the price is expected to break the...
- Sounds CRAZY right? - However go look at these assets they all peaked to the 89 FIB extension: Telcoin, Bitcoin, Ethereum, XRP, DOGE, XLM, SOL and many more. - AGIX is going to do really well, ARTIFICAL INTELLIGENCE IS THE FUTURE! - AGIX today is sitting at around £0.0389! - $33 (£27) - £27 divided by £0.04 = 675 - Now imagine you dollar cost averaged in at...
As Day Traders we don't care which way the market goes. If its a bull market or a bear market. We solely look to capitalize on either direction the market goes. Major support areas 1. 30650 2. 30120 3. 29600 Each of these levels allocated a bounce, support, and resistance before all time highs were broken. DAILY TAKEAWAYS: 1. 200 MA clearly broken 2. BOS /...
When you have MULTIPLE confluences in SAME PLACE that could lead to high probability scenario. Those confluences that make MACRO and short term outlook on BTC so bearish are :- 1) LOG REGRESSION CHANNEL :- 2) Target of bear flag is just at that major support zone which coincides nearly with PREVIOUS ALL TIME HIGH as well. 3) As per wall street chart, it...
Technical Analysis and Outlook The index bounced between our Mean Sup 4088 and Key Res 4177. But from the Wednesday session, all went downhill, as shown on S&P 500 Daily Chart Analysis For June 3. Critical Key Sup 3860 and low 3810 are the following targets: The ultimate Next Outer Index Dip 3640 is the primary mark. Short-term rallies are expected.
Hello Traders / Investors Seems like Wall st. Cheat sheet is CORRECT. Sad for me I realized it too late and missed some profits in last weeks. Considering my DXY Elliot Wave coun, my expectation is another drop of STNE price where wave C will be 1.618 of A = Price around 5.5 USD. (Best place to buy some shares + Also watch Konvergence of RSI on 1D/1W TF). ...
Interval: 4hrs Description: Took 4 hour interval and in this scenario S&P 500 sees 30% plunge from current Levels of 4100 to 2900s. Not just being gloomy it's just the possibility of the current recession indicators pointing out. Again this is not a financial advice or something. Don't take it seriously.
NAS100. What we currently seeing is a simple channel , that is now showing us that the third is still not filled yet, a great opportunity to enjoy the rally to the upside. the market is now consolidating showing us market breath after the impulsive move, Thinking in probabilities, we see that the market has some probability of giving us a double bottom, whereas we...
so this is just an update of the analysis i published two days ago, the clear-off on the daily seemed like a breakout to me but now i know to always wait for a significant close above or below to confirm a breakout. but my analysis is as follows : 1. we are at a monthly level of support 2. market closed above an upward trendline from the weekly timeframe 3. a...
GER.30. Great view i have on the ger.30 simple technical methods i used here. firstly we would do a multi-time frame analysis 1W and see that price broke our major trendline but never came to retest it enough momentum to look for a buy , moving to the 4H chart we see the price created rising channel CLEAN confirmation on the uptrend reversal, with inner patterns...
CROUSDT seem to complete is bear rally and bulls are in at this time its worth risking as you buy at discount price
Technical Analysis and Outlook The previously specified (S&P 500 Daily Chart Analysis For May 20, 2022) Mean Res 4088 inverted to Mean Sup 4088 performed at best on May 1 and 2 this week trading. A solid dead-cat rebound is completed; however, follow-through to New Mean Res 4177 is possible - from where we stand, a down move is expected.
US30 Stock looks like this. first we looking at broken inner falling channel, whereas price shows the no return, after a strong impulsive move price is now consolidating, clearly signing a breakout/continuation, If you look closely you are looking at Bullish rectangle, and our Doji candlestick on daily Timeframe. My technical move is to the upside, wait for proper...
DAILY TAKEAWAYS: Last weeks TA played out perfectly. 1. Broke two BOS @ 31550 & 32650 2. Broke out of descending channel 3. Broke though major key level zone 32100 - 32450. Looking at what we see now. (4 HR) 1. US30 rejected off bottom of major zone 33350 - 33650. 2. US30 broke through 200 MA which could potentially change trend if a bounce retest is made. 3....
On Friday the (currently volatile) stock market rallied a little, putting Wall Street somewhat at ease. But an interesting thing happened that day that never happened before - crypto assets actually went down, instead of up. If you're a crypto holder you're probably prefer to see the pattern reversed, but it's still an interesting pattern worth exploring further....
Last week Nasdaq tested the support and bounced bullishly attempting to recover. The price dropped back to the support but could not close below it. The price rejections on the support, rsi bullish divergence, and double bottom indicate a bullish move in the coming week. Initial targets are 12600 and 13150.
Tsla closed 05/25/22 @ 658.68 Continuing to offer Lower Highs and Lower Lows. Though price action shows some signs of hesitant buying so far and it is noticeable in the forming Bear flag on the 4H. Lets see what comes out of this formation?