the5erstrading

the5erstrading

For the long terms, we can see that the Spx500 index is bearish, we can see that clearly on a weekly chart, the last drop from Friday is a reaction to the Weekly Quasimodo level that I mention in my post from the 14/03/19 on SPX500, For those who didn't sell at the first touch of the price in that weekly level, the price might give another chance after creates...

the5erstrading

After the struggle between the buyers and sellers, we can see the price jump away fast and strong, it indicates that there was a huge difference between the buy order and sell orders, much more buy orders at this level, That situation creates the demand below, it means there Are more unfilled orders waiting for the price at this demand, I'll wait to see if the...

the5erstrading

In 15 minutes chart on the DAX index, we can see a possibility of Head & Shoulders pattern to be created, if the price won't break out the neckline which is Where the price now, and start to move up toward the supply above I'll sell at this supply, I'll sell there particularly because it's a supply with sell orders Waiting there, but also because it can complete...

the5erstrading

On the 15 minutes chart of SPX500, we can see very clearly the divergence between MACD and the price records, the divergence on MACD indicator is not a signal for me to sell, it just tells me that the uptrend we can see on the 15 minutes chart is powerless, there are 2 options I'm waiting for to sell. 1 - if the price will breakout the support below I'll look for...

the5erstrading

The BTCUSD price is just about to reach the resistance zone above, the question is, did the price will succeed to breakout this resistance? or maybe this Resistance will still hold and will send the price back down? if the price will break out the resistance, it indicates the price tends to reach the supply above And maybe even the supply at the top, in case the...

the5erstrading

As we can see in the 1-hour chart on EURUSD there is a divergence between the MACD indicator and the price himself, while the price creates high and higher High, the MACD shows high and lower high, this divergence indicates that the buyers of this uptrend getting wick, I'll still wait to see if the price will breakout The confirmation zone which is the support...

the5erstrading

For the long term traders, I marked the supply above as a great Quasimodo level for sell position, the situation of high, low, higher high, and then lower low Creates the Quasimodo pattern which considers as a very reliable pattern, I'll sell at the supply level above and my target will be the last low.

the5erstrading

Boeing Company is suffering from a serious crisis in the last few days, how long this crisis will be last? no one knows, my guess is that in the near future The Situation in Boeing will return to normal, from the technical analysis point of view, I marked 2 key levels for long terms opportunities, the supply above is a Great level to open sell position, and the...

the5erstrading

Boeing Company is suffering from a serious crisis in the last few days, how long this crisis will be last? no one knows, my guess is that in the near future The Situation in Boeing will return to normal, from the technical analysis point of view, I marked 2 key levels for long terms opportunities, the supply above is a Great level to open sell position, and the...

the5erstrading

For the long term traders and the swingers among us, the EURUSD is bearish at the moment, which means, I'll prefer to look for sell opportunity, It seems the Price on his way to reach 1.0900 zones, the supply above seems like a great continuation level for sell position, for now, it looks like the price compress Toward this supply, I'll sell at this supply on the...

the5erstrading

It seems that the DAX index has changed the momentum from bullish to bearish and the price now on his way to reach the demand below or even the one at The bottom, also, the MACD indicator seems to be on his negative side on 1-hour chart, Therefore, I'll look for a sell position, the supply above looks like a great Continuation level for sell position, my first...

the5erstrading

The USDCHF price created a new fresh demand 2 days ago, it looks like a great continuation demand for buy position, for now, the price compressing down And as long as the price keeps compress toward the demand, it's better for us, it indicates the price move down without a real sellers power, therefore, if the Price keep that way, I'll buy at the demand below....

the5erstrading

The NASDAQ index has dropped down yesterday and creates a new fresh supply above, this supply also seems like a Quasimodo pattern, I'll sell at this supply At the first touch of the price, below, there is a great demand for buy position, I'll buy at this demand also at the first touch of the price, both levels are Relevant for intraday positions,

the5erstrading

As we can see on the 1-hour chart, the USDCHF has a nice rally, it seems that this bullish momentum start to lose power, the divergence on the MACD indicator Indicates for the upcoming bearish momentum, however, I'll still prefer to wait and see if the price will breakout the support below, if that happens, I'll look For price action setup for sell position and my...

the5erstrading

The USDCAD created a new fresh demand below, as we can see the price made a great rally from that demand, for now, it seems the price on his way to reach 1.3600, if the price will back to visit the demand below, I'll buy there and my target will be 1.3600 zones,

the5erstrading

It seems that the GBPUSD price is on his way to reach the supply above, the demand below is a great new one, and if the price will retrace this demand I'll buy There as a continuation trade, the target will be the supply above which is also a great supply for sell position,

the5erstrading

For the swing traders among us, There are 2 critical levels I marked on the chart, the supply above is a great level for sell position, it is also a Quasimodo Level which is a very reliable pattern, the target for the sell position will be the demand below which is also a great level for buy position.

the5erstrading

For the long term, as we can see on the daily chart, USDJPY on his way up toward 0.786 Fibonacci level, That level is also a great fresh supply level, and for Me, the combination of Fibonacci and supply level make it a great level for sell position, this combination creates a high probability of successful trade.