DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, ISHARES MSCI EMERGING INDEX FUND, ADVANCED MICRO DEVICES, INC., SPDR S&P 500, PROGREEN US, INC., SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Descending broadening wedge formation observed, or what I like to call it as- Muh Tasty Megaphone
Price should blow out of it tomorrow, keep an eye for breakout :)
EURUSD is trading within daily resistance zone and has shown its hand of being bearish.
This is a very tight stop loss trade, should be a great R/R if it plays out
GU wicks have been crazy, but we cannot ignore the fact that it has failed to close the 4 hour candles above key daily level, that keeps my interest peaked for a short, now that brexit hype is over and DXY is hovering around support.
Targets are clearly marked, entry for a short at key daily level marked in red and stop loss is flexible for me. I would like to ...
Gold jumped from equilibrium level of daily bullish Orderblock, if the daily candle closes like this, we should expect a clean rally up to 1243.
This pattern looks like a classic quasimodo pattern, which is indicative of institutions flipping their positions to shorts...
Expecting a pullback to the blue line and eventually it should dump as US dollar index looks to rally hard
SPX500 traded into the 4 hour bullish orderblock and finding support over there, we can see a nice push up to squeeze bottom shorters out.
Expecting a retrace to .705 fib in the chart
This is one of my favourite setups. Price made a clear stop run into the bullish 4 hour orderblock and then rallied up and took out the swing high, breaking the market structure to the bullish side.
Now all we gotta do is WAIT! Wait for price to come down to .618 fib and .705 fib, which would be a great R/R long setup targeting 6600 level
Bearish divergence on the daily chart is very clear. Also if you check the weekly chart, we had a clear SFP formation which is also a bearish signal. RSI gave confirmation of breakdown when it made a "lower low", this upward movement we saw today is a an opportunity to long the majors- EURUSD, AUDUSD, GBPUSD and NZDUSD.
Invalidation of my idea is clear, if daily ...
Etherium is reaching key resistance level marked within the red block, R/R is real good for a short opportunity once etherium trades within the bearish orderblock
XRP has showed its hand and it wants to be bullish, it hit a key swing high level and is looking to retrace. I would be interested in buying the retrace down to .618 fib and target the red level marked which is a key daily level.
On the release of their recent announcement, AMD decided to make a move up. In the near term it should do a gap fill. My personal entry has been marked in red at .618 fib and the targets are the blue levels
SPX500 is showing clear signs of bearishness with the formation of head and shoulders tops, 2730 level being the clear resistance. We will have confirmation of downtrend underway once the hourly candle closes below 2702 support level.
I expect the market to make its move following US midterm election's results
Large rising wedge on the monthly, target 2$ on citibank haha
Bitcoin shoed a decent bounce from 6150 support level, on short term the market structure has seen a bullish shift in market structure, I would be happy to take a small long position, targeting 6600 level after seeing a retrace down to .705 fib level
We can see that Cardano's daily candle has failed to close below previous swing low 5 days in a row and it is showing signs of decent bounce. Green block remains to be untested support zone but it looks like it wants to reach the targets marked in red lines
With positive NFP data release, dollar index is looking to make a temporary up move, giving way to an easy short for EURUSD.
1.4094 is a key daily level and should act as strong resistance since price failed to hold above it.
I am leaning towards EURUSD going towards the clean double bottom to take out the stops, but keeping my trade short term and target is ...
Strong play as OLED's earning come near, breaking 130$ resistance should take the stock to 150$, looking at an easy gap fill....
Aussie dollar recently broke out of a 2 month long consolidation period and its just warming up on larger scale.
I will be looking to long any retrace back to the blue lines marked which are key Daily S/R levels and short term target would be the red line.
This should be a quick trade as Aussie dollar is not wasting time showing everyone whose the boss!!