I've temporarily shifted my overall perspective on US30. While tomorrow may bring further clarity, for now, I'm inclined towards buying positions, with an eye on holding until the 39100 level is reached. Let's monitor the market closely and adjust our strategy accordingly.
Greetings fellow traders. Anticipating a retracement for US30 today before its next upward surge, I'm eyeing potential entry points near the 38950 mark.
The initial trade attempt didn't pan out as expected. I'm now initiating my final downward trade before considering a change in my bias. Currently, my strategy still favors short positions unless conditions dictate otherwise. Let's observe how this trade unfolds.
I anticipate further downward pressure on prices, potentially breaking through previous lows. Please note that the chart provided is not intended as financial advice, but rather reflects my personal analysis and expectations. Following the recent CPI news, there was a deceptive upward movement, which I interpret as an opportunity for selling. With buying volume...
I am looking to go long on this trade. Although today is NFP I do see some equals lows below where I have a stop loss set. We also have a daily resistance that we left for selling power but overall we are bullish so i'm looking to see continuation of that trend. Lets see how it plays out.
Repost: Looking to take this trade to the up side. I dont have any confirmations for long term shorts so I am still interested in BUYS at the moment. Im looking at a neat 1:3 risk to reward ratio. I reposted the chart because I had the incorrect direction in my previous post even though I am going "LONG" GLGT
Looking to take this trade to the up side. I dont have any confirmations for long term shorts so I am still interested in BUYS at the moment. Im looking at a neat 1:3 risk to reward ratio. GLGT
Im looking to sell this pair at a re-test area. Sell Area 1.25936. Im looking to create a new low targeting the nearest zone.
I'm going long on this trade. It's possible that the retrace is complete.
Watch for sell opportunities within this channel. You may swing buy opportunities with price action confirmation but overall I am interested in going short. Break to the upside of this channel will confirm long opportunities. All the best.
Lots on confluence on this trade. Expect huge profits. Only trade the sell setups. Bearish butterfly harmonic pattern.
Bearish butterfly within in channel. A lot of confluence on this trade. Huge profits could be coming in. Trade the sell setups.
Nice Elliot wave count and we have a nice double top where price re-tests the resistance zone. Confirmation on our RSI and MACD indicators. A great sell opportunity should be available if price breaks the bottom trend line and corrects for a sell setup. All the best mate :)
I did a nice monthly review on the EURUSD. Way too much confluence on this currency pair. 1. We have been trading a major correction this whole time. 2. Major flag 3. ABC Pattern. 4. Bullish Butterfly. 5. MACD I placed a PRZ where price can reverse. If price continues to drop and leaves the harmonic patterns PRZ box from the bottom im no longer interested...
Great sell oppertunity. Major confluence on our time frames. We have a nice Fib level and multiple divergences at our previous tops. Stochastic is also leaving our overbought zone. Lets keep watch mates :)
We have two nice potential reversal zones in this setup. Stochastic is also nicely overbought so we just waiting for that drop to the downside. Ill add some more ideas to this setup. Remember we no longer interested in this setup if price leaves the box from the upside. Look for a new trade. All the best :)