Hello everyone, hope you're all had a good weekend. So let's start with the basics, on the USDX and the US BONDS YIELD we're having like a start of a reverseal. Can it be just a correction or a continuation in the bear market ? let's take a closer look at it and have more confirmations at the end of the week
inverted head and shoulders has formed in the daily time frame neck line has been closed above side way could last for tow days then bull rally begins.
below 33100 the battern no longer active...
US30 - Short
Trade idea:
- Good rejection from 0.786% fib level.
- Major trendline + Bearish sentiment.
- Supply Zone highlighted in Grey.
- WFB trendline (Highlighted in Red) for added confirmation.
- Entry: break of trendline.
- SL: above price once the trendline breaks.
Trade Safe
My Dear Friends ,
US30 looks like it will make a good move,
and here are the details:
BIAS: Bearish
ENTRY: 31328.70
TARGET: 28615.18
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WISH YOU ALL LUCK
US30 - Short Bias
Trade idea:
- Good rejection from 0.50% fib level.
- WFB trendline (Highlighted in Orange) for added confirmation.
- Entry: break of trendline
- SL: above price once the trendline breaks
Risk Managment Is Key For This Pair.
Trade Safe
Price has tested our newly found support
Breakout from our intermediate channel and a bullish candlestick pattern confirming bullish pressure, Tweezer Bottom
The DXY had given us a probability of going to the downside, hence all instruments related to it will rise, that is, US30 in this case.
US30 4H SHORT
Reason for entering?
- Expecting USD Strength = US30 Short
What is the confirmation and confluence behind the bias?
- Break of Red Line Key Structure Level for Price, as we have seen price action turn bullish at this key area before.
- Correction back to test this level & bearish price action.
- DOLLAR Strength.
Once Entered, where will our...
My outlook for the stock markets this year is bearish and, in fact, I have expected a fall for around 6 months now. Although it didn't happen, YET, let's try to see the bigger picture and understand what's happening.
For the past 9 months, Dow30 was trading in a range. You may argue that we have higher highs in place, but this, in my opinion, is window dressing....
GLOBALPRIME 
