Good day Traders, Apple (AAPL) Bulls Taking Charge at the moment. Price has been extremely bearish over the last few months, However, we are now showing signs of reversals. Price is currently trading at 145.45 and has broken into a new range after retesting a previous resistance which is now support. I would like to see a slight pullback into 144.80 before...
Hi Traders, Nasdaq (NDX) is Between A Rock And A Hard Place right now as it is ranging between two levels where I don’t see any Potential move coming up. I am however favoring the short position as price has created a Double Top Pattern formation and I would like to see price respect the pattern and then proceed to break the next level of Support which sits at...
Hi Traders, I am Waiting For A Order Block Entry On Dow Jones (US30) at 31017. I love that price has hit the lows of 30900 and then pushed strong to the upside closing with a bullish engulfing candle on the 4 hour time frame. Now that we can see the strong push, understand that price has moved with great force to create this candle and now I am waiting for a...
Hi Traders, Copper (HG) Double Top Setup In-Play, this is a very simple play due to the fact that we are still in a down trend and the lower high at 3.5640. We can see price tapped this price twice and then proceeded to fall. This surely shows that right now the bulls aren’t strong enough to push price. We then see that a double top has formed and this has...
Hi Traders, Silver (XAG/USD) Seems to be getting much cheaper as the year continues. We are currently trading at 19.2 in a sideways movement. I am now waiting for price to provide me with a break out to the downside by simply following the momentum. If I take a look at the flip side, there is a chance that price may want to ride up to test 19.8 which is...
Hi Traders, New week new opportunities. I am currently looking at Facebook (Meta) for a False Breakout Setup. The most recent price action shows that price has created a resistance at 172.58 which has multiple attempts to break, I do believe that price will break the current resistance and meet with the real untested resistance at 176.0. If this does happen I...
Hi Traders, S&P500 (SPX500) Double Top And Orderblock Entry is the trade of the day. Price has created two tests at 39835 and then fell from there, This has resulted in a Double top formation. Price has come back to retest the broken neckline of the current double top. I have taken this entry as we have a few confluences coming into play which are the...
Hi Traders, Nasdaq (NDX) Has given a strong push after the NFP results have been released. The Unemployment rate has remained the same in terms of numbers. Looking at the technicals, price has created an order block at 12045.5, this signifies a potential short position coming up if price returns. I am looking to be short till 11321.8 at the previous significant...
Hi Traders, Microsoft seems to be gaining some strength. Could this be the start of a bullish move? Only time will tell. Price started creating an Inverse head and shoulders pattern which could be the first sign of a reversal. On the monthly, I have mapped out a level of 250.0 which is an order block that was never tested. Price then proceeds to create the...
Hi Traders, The Electrical Car company Tesla (TSLA) Has started consolidating in a symmetrical Triangle, This could signal a continuation of the instrument. We had a strong impulse to the downside till 665.55 where price then stopped to give a pullback. The pullback has created a lower high and then proceeded to form the triangle, I am now waiting for the...
Hi Traders, The Nasdaq Looks like it may give us an easy setup for a short. Price has started the day pushing all the way to 11720 and then proceeding to flip bearish. Price has also pushed below yesterday's daily low which leaves a clue for where we may see price go next. We have support at 11480 and I would like to see price close below. This would then give...
Hi Trades, Crude Oil is on the move today with the price plummeting almost 10% today at the time of this post. We have seen the bearish momentum take out support that has been created and it keeps pushing to the downside. Price is currently trading at around $101 a Barrel and I would like to see the price remain and close below $106 in order for me to be...
Hi Traders, Twitter Is sitting at an interesting place right now but before I break down the chart, let’s take a look at some fundamentals. Elon Musk has announced that there are a few unresolved matters on the deal to buy Twitter, including the number of spam users on the system and the coming together of the debt portion of the deal. Now with everyone waiting...
Hi Traders, Today we are looking at the US Dollar Index. Price seems as though I may create a double top formation which we can take some advantage of if this setup should play out. Understanding that Price has been trending higher for a while and the monthly candle has just closed a few trading days ago, There is a chance that price may retrace which we can...
Hi Traders, S&P500 Has a similar structure to the Nasdaq and the Dow Jones, Right now I see a few points of interest where I may take a short position. I would like to see Price reach 3895 where I would look for potential sells seeing that price has made a lower high at 3950. Keep in mind that Price is yet to make a lower low and if we do reach our point of entry...
Hi Traders, I am taking a look at Dow Jones (US30) As price action and market structure is telling a simple yet effective story. If read correctly, We could take advantage of this setup which is currently unfolding. Price has created Double tops and Double Bottoms which have been respected as they've played out. Price has closed at a resistance level which could...
Hi Traders, Update on Bitcoin, Price seems to be trying to break the lows. This could be the start of the next leg to the downside, I will be waiting for the current daily candle to close below 18500.00. If Price does manage to give the break to the downside I will be waiting for some sort of pullback before I look for shorts. The key is for Price to break and...
Hi Traders, As we are now on the last day of the month, We can expect some pullbacks based on the Monthly Time-frame for some instruments. EURJPY Has found rejection 3 times at 144.000 and even though we are still in a bull market long-term, we can still find some shorting opportunities based on the lower time-frames. Price has managed to break multiple...