Based on the current chart, NYSE:COMP is showing some strength.
When the CSTP indicator shows a blue candlestick body with red wick/tail. it is an indication of a potential bearish move, unless the next candle after it close as bullish (green or blue candlestick with green wick)
I will expect it retrace to the yellow moving average line before a possible...
After a decent correction in stock from 320 to 130 the stock now stands at very crucial levels of support zone. So taking the neutral side so:
-A buy after a strong candle at this support zone
-Sell when the support breaks and price Retest the support again
I expect the stock to fall further so most possibly will take the :
Sell below 125 for the tgt of 105
GBPAUD broke the Trendine to downside in March 2022 and ever since has been trading within a Rectangle Pattern as shown in the Chart. Price recently retested that Trendline and moved down quickly , managing to break even the Rectangle Pattern to downside and is currently retesting the lower limit of the Pattern . I expect a brief flag pattern followed by a...
markets are in deep red and gonna open in deep red too so this time my personal view on the market will be like no trading on Monday.
Fridays USA markets were in deep red so we can see the panic in our Indian markets on Monday. so I personally would like to wait on the sideline for a better opportunity rather than jumping any other trades.
because markets are...
Euro it's look that could to weakness in ffron of australian dollar and our key support it's find down to $1.4962 and also, from thisbview. I see a weakness. It's good to make an entry from 30 minutes but I use H1 to look better and what happening now that we forming a manipulation structure and liquidatiln in that zone.
Im in short and i entry around $1.5197...
The bear sentiment it's so clear than water, but we see in H4 timeframe that Bitcoin it's not stable to bought contract. For that,I cancelled my position right now to closed up manually because we have the big possibility that Bitcoin goes to make a reversal of the trend. And that mean that it's great becuase we could to save USD to bought more cryptos to add in...
At the moment, Ethereum it's show a rejection of the price in H4 chart. So, we can to see a down movement toward the $1,106 USD. Now, in this point, this it's very important to know if Ethereum break down this support that could be psycological important to form any rejection or formation of this bullish channel. So for that, we would need to know this part of...
Dear investors, this is a question I have had for a long time.
Will the Covid Panic Island powers be too strong and force the price index lower or have the market collected strength from half a year of knowledge?
Sorry to say to all SET investors, I don’t think it has and am more bearish now for than I was in the middle of March.
We’ll see if 1200 will be...
The FOMC statement of yesterday quickly brought the pair down to the bottom from the top of the range. With expectations that we will see some job sector softening based on rising job cuts data and some weakness in yesterday's ADP Private Payrolls report (September's total for jobs added was revised down from an initial 135,000 to 93,000), it is possible to...
Enphase Energy is gaining momentum as it continues to defy the overall bearish sentiment of the stock market. It gapped up on High Frequency Trader action recently, and is continuing an upward trajectory.
if the 1HR candle closes below that wick we can wait for a retest of that trend in addition to 0.89000 being a key psychological level
to consider adding an additional short entry, the price may then rally towards our targeted areas of 0.88400 first then 0.88000
apply good risk management to your trades!
A very powerful bearish engulfing candle formed today on EUR/USD. There seems to be an overall bearish sentiment forming on all Euro pairs. This signal looks nice forming below resistance at (1.4400) and being significantly more powerful then any of the consolidation we have seen over the past week or so. Looking for a tight 1:2 RR if possible, but playing this...
Hi there,
We have a very clean 2618 setup formed on the Kiwi. Price is currently 20 pips away from the trade entry point, 0.69150. I trade 2618 setups on the H1 timeframe aggressively and have already placed a pending sell limit at this level. Remember, only trade what is in your plan, and if you don't have one, please do yourself a favour and get one before...
