This week we begin with the NAS100 coming from another all time high (ATH) and the larger timeframes continuing to make HL's HH's consistent with the trend.
As you have heard me say consistently...the market cannot continue buying from a High, there has to be a level of support attained in order for it to continue.
The market likes to take Mondays, Tuesday's and...
NOT FINANCIAL ADVICE
US30 Trade Idea
Buy from support everything is on the chart
CONFLUENCES:
Daily 8MA
4H 50MA at Golden zone on support, TDi Hidden Divergence
1H 200MA at area of interest
15M 800MA also at area of interest
Fibonacci levels have also been respect by price pulling back to the golden zones and continuing on to the -27 extension
Good evening and i hope you are well.
If you follow the dax and maybe some German economic indicators or listen to the German word on the street, you are probably wondering how on earth this market can go higher and print daily new ath’s. Welp, all traders see it's overbought but it still keeps going up. This is absolutely the blow off top and the end of this...
This Is My Anticipation On The Us30, Hopefully We See A Low Of The Week Formed On The Daily Mitigation Block And We Get A Change In State Of Delivery Bullishly On The H1 To Confirm The Bias I Hold Already.
V3 - Second entry and holding this trade. The goal is 20 pips, but I will hold this longer and put my SL in profits once TP hits and ride it as long as I can
Be part of the action at 9:15 AM! We achieved our goal 85.11% of 2023 in the first 30 minutes from the market open. Dive in and seize the opportunity! Join our live trading session where we'll trade in the live stream until we reach our goal!
Today again we saw benevolence of Mother line (50 hours EMA) coming to fore and supporting Nifty giving it support to close well in the green. If Nifty can close above a strong resistance of 22218 there are good chances of Nifty again reaching previous high of 22295 or even cross it and go towards new high of 22364. Supports for Nifty remain at 22110 and 22105...
The current trend on the shorter timeframe is downward, but we have noticed a bullish divergence on the RSI, which could be a possible sign of a reversal. Therefore, we expect a pullback from here and have decided to open a long position. Our stop-loss will be at the recent low, and our take-profit will be at the recent high.
I am sharing Nifty Levels for 28 Feb 24, this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels.
Please note this levels are for intraday trading only
I am sharing Bank Nifty Levels for 28 Feb 24, this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels.
Please note this levels are for intraday trading only.
Hey my fellow traders,
As you can see on the lower time frame there has been a change of structure and starting to create Higher highs. This is after a recent retracement for the dollar after its bullish move. Shorting Eur/Usd.
Feel free to ask any questions below!
* Seem like Volatile move tomorrow
*Levels for future -
If BANKNIFTY sustain above 46615 then 46711 then 46838 to 46935 above this bullish
If BANKNIFTY sustain below 46457 then 46315 to 46243 then 46050 to 46030 below this bearish
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I...
I have posted several bearish cases for SPX, now it's time to analyze the bullish case.
In the bullish case, SPX broke out of an inverse head and shoulder. We should see a retest of the neckline. If the retest is successful, we should see a continued move to the upside. On the other hand if we break to the downside, the bearish case steps in.
This is no...
