Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
SPX Gap filled and now looks likely the trend will continue on up within the very tidy pitchfork channel. For as long as SPX remains in the channel then stocks can keep on pumping and breaking out 👍. Not advice
Based on price actions and h4 charts, my trading chart idea 💡 during the adp nfp trading session Follow my signal 🚦🚦 Follow my taligerm Support my work
Taken a nice swing trade on US 100 and done trading for the day. Entered based on the 4H OB (red line) and targeted the buyside of the range we have been trading in and interesting in for the past week Entry 18263.60 TP 18350 SL 18221 We had some news at 08:30 am (NY time) and you can see how that affected the market. These news events are merely catalysts...
Forming a Leading Diagonal from London open. - in the last (smaller) wave 5 at the moment and then is the leading diagonal (bigger) wave 1 completed. - then down to around 39130 (bigger wave 2) - then the wave 3 up to around 39300 (as measured by the Wave 1 Leading diagonal at the moment).
The greenback might be showing signs of a peak -- despite strong economic data and a favorable macro environment. The first pattern on today’s chart of the U.S. Dollar index is the price line around 105. DXY stalled at this level in mid-February and again this week. Some traders may view that double top as a bearish reversal pattern. Second, the resistance is...
its right time to place a buy stop at its résistance line when break this area
Hello, The dollar index TVC:DXY started an uptrend from 100.600. After reaching the liquidity zone around 104.900, it faced a correction due to profit-taking by buyers. The correction extended down to the demand zone at 102.300. The index has bounced back from the demand zone and is trading at 104.000. The EMA is moving between the candlesticks, indicating a...
Dow Jones Industrial Average - US's Sensex seems to have broken down off of the Double top formation.
DXY has taken liquidity, come into a premium and should drop couple points on from here.
This technical analysis sounds promising! Here's a breakdown: Support Line Test: The price reached a level (support line) where previous buying pressure halted the decline. This suggests demand for the asset at that price point. Retest of Support: The price dipped back towards the support line but didn't break through. This retest can be seen as a confirmation of...
DJI outlook: Monthly and Weekly, i feel with the current economic climate and the world being on fire, especially the supposed banking crisis just around the corner, its hard not to feel the recent bullish action since Oct 2023 was a melt up to allow large money institutions to exit at the best possible prices. Prev ATH was ran through completely, and i...