Orders on week: SELL=1,277 SL = 50 TP=1,2247 Must be very careful
The hammer candle from Tuesday bounced from recent resistance at 1.11200 indicating that sellers are not strong enough for a break below. The Bollinger bands have also tightened showing a lack of volatility, which is often seen before a period of strong volatility. I am holding out for a candle to break above the 1st top bollinger band and close in the upper...
If we look at Pierre's analysis we can see that in the next houers the market will go up. But when it touches the trendline it will go down again. As we can see, there's forming a triangle with a horizontal bottom line. An indicator for the market breaking soon or later the triangle in order to go down. But after the market breaks out, it will situate itself in an...
EURUSD is recovering at the moment, will take a day or two to get back on top of things and move into bearish orderblocks, to my opinion. Good luck!
4h end of the week analysis what u think about
DAX Index Bullish Channel Nice Elliot Impulse Waves Currently Longs closed and Short Trade Active from 10700 Shorts TP1 @Wave 4, round 10100 Coming week to be watched: Will we get bounce from support round 10470s, Bounce after filling the previous gap or just Adding to shorts after filling the gap. (Predicting for nice long-term SHORT Trade from this...
AUDUSD:The last trading day of the week
This trade aims at the short-term rebound from the historical low. Since June 07, short-sellers initiated a selling force to test JD's the 52-week low. The price was driven down,but no volume followed. However, when the price was reaching the 52-week low, there are people collecting the dimes, on June 16. Maybe the short-sellers were covering here. I think it...
As I stated on 12/20, it was pretty much impossible for BTC to not sink further and significantly. Though it did have a short rebound for X-mas that was destined to be short lived. BTC is only down 7.25% since I made my prediction but with what the 3 hour through 2 week indicators show is trouble. The shorter 4 and 6 hour indicators show a reversal underway...
Indeterminate direction of price as no clear signs has been given by the last quarter's closure. Last Quarter's close is below 5MA what gives a bit more power to bearish signals We have a bearish chart pattern (Quarter) Price is currently at 50% Fibonacci retracement area in a relation to previous swing Down Will look for a bearish long-term entry setup...
Price direction on a Quarter chart is down, as new lower low and lower high appeared (Price direction is not the same as a trend direction) Last Quarter's close is below 5MA what gives a bit more power to bearish signals We have a bearish chart pattern (Quarter) Price is currently at 61.8% Fibonacci retracement area in a relation to Previous swing UP Will...
U.S. Earnings Week June 15-19 OTM Long Call , Long Put or Strangle Plays (based on Current IV compared to 30 day avg) DRI Collecting premium Selling Options ADBE, BOBE, LZB, ATU, FDX, CLC, JBL, ORCL, KR, RAD, FNSR, RHT, KMX, KBH Implied Volatility vs 30 Day Average Implied Volatility values as of June. 13 June 16 Pre-Market Fact Set...
Last week chart: 2 WINS Profitable pullback ( I don't trade these pullbacks ) Profitable movement up ( I made 95 pips ) We had a bearish engulfing candle on the Weekly chart + finished on friday with a shooting star candle, that closed under the resistance level of 0.712. This all happended after a break of the previous TL ( which can now be seen as the...