Hello everyone, Dow Jones 4H NEW FORECAST Yesterday, the index price formed a strong upward corrective rebound, taking advantage of the formation of the 37950 level as strong support We noticed that it compensated for some losses by reaching the barrier positioned near 38680 and stabilizing below it. The continued stability below this barrier supports our...
Market Maker Buy model spotted on the DXY. Also, we can see engineered liquidity in the form of equal highs and then the final high from October. Once the price dips to the D1 FVG, I expect inverted FVG to support price and reversal here then we can have approximately 2 weeks of up move from here. This must work because the guy who invented this was kidnapped...
The European trading day has started in a session of mixed sentiment on Friday. Investors are still digesting Apple's US corporate results and awaiting reports on unemployment ratios in Europe, with Spain and Italy being the highlights. In the afternoon, U.S. unemployment rates, non-farm payrolls and manufacturing production data (PMI) are expected to be released....
The foreign exchange market (Forex) is a global, decentralized financial market where traders buy and sell currencies. It is the largest and most liquid market in the world, with an average daily trading volume of over $6.6 trillion. There are many reasons why the Forex market is popular with traders: High liquidity : Due to the huge trading volume, traders can...
Yesterday, there was positive pressure on the NAS index. The price rose until it reached around the resistance level of 17690. Raising the index up to the 17690 level and stabilizing above this level will increase positive efforts towards the 17790 level, and staying above this level reaches the 18050 level. The price is currently trying to stabilize above 17690....
I dont know if anyone has spotted this NDQ divergence. price going up but RSI going down. Havent seen this in previous price movements . I would love to read some comments on this
Pair : SPX500 Index Description : Consolidation Phase Completed " 1234 " Impulsive Waves Break of Structure and Retracement Fibonacci Level - 61.80% Exp Fiat as an Corrective Pattern in Short Time Frame
Banknifty Possible For small Downside Correction If sustain Below 48400 Next possible target Expected 46950 cmp.48970
Hello fellow traders, Looking at the S&P 500 on the 30-minute timeframe, I've identified an intriguing Elliott Wave pattern suggesting a potential decline. The recent price action has completed a full impulse cycle (waves 1 through 5), followed by a corrective wave (a) and a smaller rally for wave (b). Currently, we seem to be at the beginning of wave (c), which...
Hello Traders, Today, I'm sharing my analysis of the NASDAQ (US100), where I foresee a potential short opportunity, based on Elliott Wave theory. The 30-minute chart has showcased a complete impulse sequence followed by a corrective pattern, suggesting we're gearing up for another move lower. The sequence started with a sharp rally labeled as waves 1 through 5,...
US30 sell off forecast wait for 15 min conformation before enter i share further analysis & sell entry once it reach my poi
The Dow Jones index came under positive pressure yesterday and reached above the resistance of 38390. rise the index up to the 38390 level, stabilizing above this level will increase the positive efforts towards the 38540 level, and staying above this level will reach the 39035 level. Also, stabilization under 38390 at this level means the price will reach 38190,...
The S&P 500 (US500) is rising towards the pivot. Could this index potentially reverse off this level to drop towards the 1st support? Pivot: 5,119.91 1st Support: 5,014.00 1st Resistance: 5,167.12 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
When we looked at the China A50 index (CN50) last year (December 21 2023, see chart below), we got the best buy entry possible on more than 1 year span: Our long-term Target at the time of 13000 is almost hit but it now time to re-evaluate our perspective as the index not only hit the top of its almost 2-year Falling Wedge but more importantly made contact...
DXY is oversold. Possible bullish news for usd to send it up. Possible EU and GU bears but liquidity grab is almost certain to take out early buyers.
I will be trading as per chart plan. Will keep SL on any hourly candle closing above or below mid channel.
* Major levels only If NIFTY sustain above 22649 then 22848 then 22865 to 22874 above this bullish If NIFTY sustain below 22567 then 22377 to 22356 then 22279 to 22270 below this more bearish Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor....
The #ASX200 index, here on the Daily chart, could be under the threat of a potential Head and Shoulders pattern. It seems as if a lengthy bearish divergence might be starting to play its role here too. If this is to play out, it could be the start for this index losing more than two thirds of its value according to TheDawieSetup.