We have been bearish on the market for a while and have seen a massive reversal on S&P to the downside. Despite what people may say, we will continue to sell the market instead of buying. We can now sell S&P for the following reasons. 1) Strong resistance at 4270 - 4280 2) Nice M15 Pattern. 3) We have the H4 MA and Daily MA pointing lower. Target is 4180
M15 and M30 are oversold with divergence, there is a pattern on M15 and M30, There is very good support for this buy, as this is with the trend so it should go up to $270.
AUDNZD is current in 1) A daily downtrend 2) A H4 downtrend 3) Hitting a strong resistance 1.0710 to 1.0732 4) A crab pattern to sell We will take this trade with the hope it will hit the bottom again. Risk to reward is 1:2
The market is STILL BEARISH but, 1) HK50 is now fully oversold. 2) There is a harmonic pattern 3) There is H1 RSI divergence Tight stop loss. We need to ensure to exit quickly as the market is still down.
- This trade is with the daily and H4 trend - There is a pattern on M15 and M30 - There is a lot of divergence - This is a fast-moving pair so there is high stop loss but it should fall to the bottom (500)
This pair is in an uptrend. It has since consolidated at 0.5450 and we are taking a LONG position now. There is a harmonic pattern and strong support at the base. Nice RSI Divergence. Stop loss is just 30 pips. We also exited EURCHF with a nice 65 pip profit.
This trade is with the H4 trend, and it has a pattern on M15 and M30, both of those timeframes are also overbought with multiple tops and divergence, this is a very good risk-to-reward type of trade as this is expected to fall all the way to the bottom.
Planning to sell UNH at 512.50 with a stop loss above 530 as there is a lot of resistance at that level and it will be a very good level to sell with a pattern on H4 and M15 will be overbought by then with a double top present. We are planning to sell this based on the divergence present and this being the third top.
All timeframes are overbought with a lot of divergence on H4 and H1, there is going to be a previous week's high, and will be the start of the week which most of the time means that the trade will fall. There is a pattern on H 4 and it is currently the 3rd top. tight stop loss with the 1st target being 0.9619
This is one of the biggest signs of a market crash for the stock COP. There is significant divergence on every timeframe, including a daily head and shoulders. this trade has multiple patterns the main one being on a Daily timeframe. Expecting this stock to drop to $112 with a decently tight stop loss, We have already taken this trade at $124.
The S&P has had a bull run in 2023 but it has stalled at 4600. What is even more worrying for the bull is that: 1) There is a huge Weekly double top with divergence on S&P 2) There is a pattern to sell 3) The neckline was broken and the market closed below it Overall the market is going to be bearish for the coming months. We will continue to sell all indexes...
This is on of the first stocks that Im a shorting and this is a very clear short as H4 and daily are overbought with a lot of divergence. There is no way to check for a pattern but I believe with all the divergence and the consolidation, this stock should crash in the coming weeks. Also, their quarter earnings report is due on October so it should crash by then.
Last week we gave an idea on selling AUDUSD at 0.6887. This worked out really well and we made about 2%. The pair is still with the uptrend and we see a pattern to buy this now. Entry: 0.6810 SL: 35 pips Target: 70 pips. Here is why we are going for this: 1) W1, D1, H4 is all uptrend. 2) There is divergence on M15 3) The pattern looks good FX:AUDUSD
All of the timeframes are massively overbought There is a lot of divergence on M15 and M30 There is a previous days high This trade is against the trend and there is no pattern There is also massive resistance on this trade.
EURCAD is overbought now. It has a H4 harmonic bat pattern to sell. The pair created a high yesterday and is now showing divergence. Selling this with a 40 pips SL and targeting about 120 pips.
H4, Daily, and Monthly are all at an RSI extreme There are multiple tops on daily with massive divergence The market has been going up for a long time now due to a correction downwards, and I believe this is the time to start selling. Most stocks have been looking like this for a while now and I believe they should all start to fall
M15, M30, H1 and H4 are all overbought There is a pattern on H4 There are multiple tops with divergence This is counter-trend but there should be enough divergence to fall There is a previous weeks high.
M15,M30,H1 and H4 are all overbought This is against the H4 trend but is with the daily trend. There is a pattern on H1 There is a previous days high tight stop loss