Price is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 38350.42 Why we like it: There is an overlap resistance level which aligns with the 38.3% Fibonacci retracement Stop loss: 38748.42 Why we like it: There is a pullback resistance...
In this live trading session video,we look at our open positions on BRENT potential trades coming on Bitcoin,Etherum,S&P, etc and the thinking behind them. The concepts you learn from this video are cross transferrable principles onto any strategy.
Daily-timeframe Much like the four-hour timeframe, this timeframe is bearish and tapped into a strong demand. It may reach higher into the supply zone above current price. However do not be fooled into buying, the wick is left behind is too enticing for stop/sell orders the market would definitely like to reach below that area and we have an untested area of...
Hi everyone! the markete of US30 is continously down.Now it seems a reversal footprints .Markete accumulated for a long time in 4H chart manipulates and now its time to distrbute. Good Luck Regards,
(15M TF View) Very similar bias to my HTF one, Just keep an eye on what price does. Breaks order block heading higher or if it simply retest's the order block then i feel like its heading down to clear below FVG. Hopefully this is nice and simple! Look at the weekly Candle it can go either way so the first initial move should be covered in these charts, a Monday D...
Considering the reaction of the index in the support range, it is expected that the upward trend will advance to the resistance range and even the resistance levels. After the possible upward wave, the continuation of the downward trend is expected
US30 - LONG us30 looks like gonna go up to any of the red line and if we get any sell setup we we can sell again, this week im expecting up move. risk small and use Stop Lost.
We are waiting for a confirmation from the market wether we will continue with the bearish trend or we will break it and create a change of trend which is a bullish trend
weekly is down daily is down. here we have a 1hr supply nested in a 4h supply. however the market just tapped into daily demand. that's our opposing zone. I would like to see 1h supply entry area hold. also this 1h supply is along side 32.8 fib and weekly resistance to add some more confluence
📈 Dow Jones Rollercoaster Update! 🎢 Hey traders! 🚀 Exciting news from the Dow Jones Industrial Average! 🌟 After a wild ride down from its all-time high, we're seeing some serious action! 🎉 📉 First off, we've been on a downward trend for a while now, but guess what? 🤔 There's a new sheriff in town! 🤠 The daily chart is showing us a flashy double bottom pattern. 🔄...
Bearish idea l us30 . There are strong sellers according to the analysis I think we will see new lows after this pull back
We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 50 pips and close half trade
so there is about %80 chance to continue the trend upwards as it already broke the resistance level and the other %20 chance to trend downwards due low buying pressure therefore i recommend a buy signal
Hello everyone I am not surprised for this recent news regarding Israel and Iran political problems and start a new war but I am, it is better to say, that I hope this war will be a fake news to make the market a dip and this problem might be solved soon. A human do not like to make money from a war. If my estimate is correct so we will see a shallow correction...
market just reacted from a monthly area of demand. we have daily confirmation. now a 4h entry opportunity is available if we can get a retrace my back to entry before valid hitting weekly or daily supply
Hello there dear traders, this is a quick update on DJI. I just noticed a bullish divergence on the daily RSI (Relative strength of the market) which could lead a bounce back towards all-time high, which we just hit a few weeks ago. Since Corona caused problems to the markets (more likely a bloodbath), people are panicking and overselling their holdings. The...
I know I been away for quite some time; between traveling every week of april to buying a house, it has been busy. Possible buy opportunity here to take price for 20 pips or hold until it reaches previous highs. If the 30 min closes bullish and price retraces back to the SZ. take the buy and monitor your trade accordingly.
Hi Friends, I think price will attempt to go high then drop after NFP news release. Am not sure what the number would look like but looking at my chart, you may quite agree with me. Pips move could be more than 600 pips🚀 This is a mere speculation. Kindly trade according to the outcome of your analysis. Apply risk management!