BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
LBLS Indicator shows the US30 are of short now .
The Short trend will continue further down.
LBLS indicator is in my script page.
WE ARE GONNA TRY TO PLAY WITH THIS TOO...GOOD ENTRIES MATTER A LOT ON THIS KIND.
AND TRUST ME THIS NEEDS A LOT OF UNDERSTANDING TO TRADE THEM.
Bullish uptrend after the pullback
See Chart for Confluence.
See Chart for Confluences.
It did broke the resistance so it obvious it will retrace to test the broken resistance as support then continue upward momentum.
Just keep tracking the pair and buy it at the base.
We can see that US30 is too strong and is over-brought. May result in a drop.
Possible long setup
Buyers seem to be well in control of the market, a slight uptrend has formed on the H1 chart, i do not believe the 88.6% retracement level will be held and instead price will continue to move upwards.
Strong bearish candle, possible retracement around 61.8%. Break of uptrend structure, awaiting further confirmation, possible downtrend forming.
on the H1 chart we see price making a retracement towards the 38.2% reversal zone. seeing as the HH's and HL's are being upheld, this looks like a prominent buy position, though more confirmation is needed in terms of candlestick analysis.
STRONG SUPPLY AND TREND LINE
current downtrend until it fully develops the pennant pattern, then we're back trending up again