Hey champs, do not miss this beautiful trade, the price has broken the support zone heavily and the market is giving us a beautiful winning trade. Please make sure to take your profits at 3180 as i see another strong support zone where the price might bounce back and return on you. Enjoy!
I see that market has given a good bearish signal with a significant volume that is superior to its previous volume, but i also see an support zone at 3198 that the price should break before taking off downward. When the price breaks the support line, you should definitely sell the market.
As i said earlier, the market pushed up harder and reached the price goal after breaking that strong resistance zone and cashed out a beautiful profit. I highly recommend that you get out of the market now as there is no volume happening. Good night and happy winning trade!
As you can see, the market has finally approached the resistance zone and is trying to break it! When we see that breaking happen we will see a strong move upward! Please make your profit at 3227 so you may exit there! Happy trading.
As you can see in the chart, the Eurostoxx50 showed a big volume explosion indicating an intention to move down yet there is no confirmation unless it breaks the support area at 3171. I showed a consolidation area in the rectangle and what made me assume a soon bearish move is the breaking of the rectangle. On the other hand, if the market changes direction and...
It was a tough trade but a winning trade though. I don't see any reason to stay on your trade. Cash out and enjoy your weekend.
As you can see, the price broke the above resistance area i mentioned earlier and it is showing a big momentum thanks to the volume explosion. Make your close target at 3180! Good luck!
The market made a slight bullish move this morning showing an important moment due to the volume awakening but is facing now an important resistance to break at 3173 in order to keep its direction upward. On the contrary, the market is showing that it might reach the support area at 3144 which is a strong area that should be broken if the market wants to go bearish.
I see that the market is trying to trap some trader as it is trying to show a fake move to the bottom where there is a tremendous support are at 3189 that pushes the price up no matter what! On the other hand, there is also a strong resistance area at 3217 and i see there is high probability that it will break it and move up. So, when the price breaks that...
The market is preparing to break the support area that is moving toward it now and if it breaks it you should definitely sell the market. But if it bounces back we have to wait and see if it will break the resistance area at the top and if it breaks it, the market will go high.
When the price crosses the resistance line at 3201, you definitely should buy the market as the volume is creating a strong momentum and the bulls are entering heavily to buy the market.
Since the market created a consolidation late yesterday till early this very morning, the market could break that trading range with a strong awakening of the volume showing that the bears are willing to sell the market this morning at least.
Since the market could not break the strong resistance area at 3169, the market will keep going bullish. But if the market breaks the support area with a strong bearish candlestick, then the market may go bearish. We will have to wait and see.
You may exit at 3110 and enjoy your cash out :)
After studying the chart of this morning, i saw a very strong signal confirmed by the break of the resistance area at 3169. The market retested the area and showed a strong momentum towards the bottom. The market is still heading towards the strong support area at 3126. You may exit there but if it breaks that area, you should sell the market as it may collapse.
As i said this morning, there was a beautiful buy signal ended with a winning trade. Congrats!!