With the Core CPI happening today the is great opportunity for some volatility. From observation, NAS100 is currently consolidating downwards with either opportunity in the bullish or bearish direction. This will be confirmed as economic events is active at 2:30 PM GMT+0.
Previous NAS100 was consolidating and continues in a bullish direction and about to retracing back to the resistance level. We look a buy opportunity in situations where our reversal candlestick show a reversal from the resistance level. To maintain our position we look at the continuation patterns. It’s always a good idea to always trade with a breakout...
NAS100 is currently pushing bullish with buyers dominating the forex market, while trending upwards a pennant structure is formed indicating a continuation in the up trend.
EURJPY was rallying up with buyers dominating the forex market then later forming a very important structure ''a pennant ''. The RSI is midway and the volume of the Forex market indicate that the is a high potential for a buy.
NAS100 was trending up wards where it started to lose buyers and more sellers started to dominate. The price dropped further as the sellers came into the market. A reversal structure was formed indicating a further bearish movement. A great opportunity for new sellers to come into the market resulting in drop in NAS1000.
This is short term GBPUSD analysis were we are looking at the consolidation level on the Weekly timeframe, with an indication of a flag forming. A double bottom formed indicating bullish movement. In addition, we can see a bullish divergence is present in the chart. We also see there are three moving soldiers indicating continuation. On a 15 min timeframe there...
The market formed a double bottom on H4 time frame with a retest. Moving to lower time frame H1 we can see reversal confirmation indicating bullish move. Moving further to lower timeframe on 30 min, a consolidation is forming a flag pattern and also an additional double bottom indicating strong possibility of bullish move. As an additional confirmation, divergence...
Gold reached the highest level on daily timeframe as seen on the résistance level, which is the highest level reached since April indicating possible reversal and in the H1 timeframe there is bearish indication on the resistance level. Which the price level is overbought on the resistance level . Given the price reverse on the resistance level breaking the...
