Expecting upside for EURUSD. Anticipating 1.18250 as an objective but we can go as high of 1.18260. Stop loss is 1.16472 if we close below that level with some aggressiveness in price, this idea will be considered invalid. However, we are likely to trade higher. GLGT
Historically Bitcoin has fallen on Election Night / Nov 3rd. However the fundamentals are so strong today and US equities also rallied today I see a possible rally if Bitcoin can break the resistance.
November 3rd 2020 USA Presidential Election (S&P 500 Incumbent Winner Indication) Alright, it's time for the showdown! It's finally November 3rd 2020 and we find out more tonight! Will the S&P 500 close over 3288.3 points today? If it does, it should be expected that Trump is the winner of the 2020 USA presidential election, but if we sink below 3288.3 then...
Zoom might have reached the bottom of their sell off, however we should be cautious entering positions with the current set up. We have the bears and bulls fighting for dashed green trendline. So far, the bulls have been able to buy up the green zone, however, even though we see a small uptrend over that last few days. We have a negative delta divergence on the...
Can Donald Trump defy the polls for a second time and beat challenger Joe Biden in his bid to win the 2020 US presidential election?
Today we've seen an impressive case for the bulls on that last day of the Election. This has been a great performance from the bulls as they continued to push price higher and higher with little resistance from the bears until we hit 338, about an hour into market open. Bears gained a little control as bulls rested and look to be preparing another rally, trying to...
Bitcoin is heading towards the upper right corner of the upper lip.
- Analysis done through backtesting.
Hi Guys - Do not take this as trading advice, Its only my thoughts on the market and what I see pre-results for the elections. Remember to follow me if you like the content Cheers
it form an inverted head and shoulders , now looking for retracement which is buys . not promise but could possibly go for a by during the election
Summary: The market seems to be putting on the reflationary trade today ahead of the uncertainties of the US Election as the USD and JPY wilt, while the AUD rushes higher after brushing off the well flagged easing moves from the RBA overnight. Any strong turn-out among Democrats could support an extension of this development, while a contested election scenario...
AUDUSD is brokeout above the double bottom neckline resistance as expected from my previous analysis. The market is testing the descending triangle trendline resistance. Breakdown below the internal uptrend support could be a bearish signal ⬇️.
Nasdaq Scenario For Today Or This Week ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Nasdaq has been bouncing in a downward channel, but it reached a big support zone. Right now we see that nasdaq has created a posible double bottom which -if it does play out- will break the channel and will go up to around ~11530. ...
AUDUSD is testing the descending triangle support. The market is printing a double bottom reversal pattern. RSI is printing a bullish divergence signal. Breakout above the double bottom neckline resistance could be a bullish signal ⬆️.
Hi As you can see in the chart, we are forming a bearish flag and a rising wedge at the same time. We are close to the election, and this is a precarious position .please consider slippage. Zoom out and see the bigger picture. There is also a tiny hidden bearish divergence on RSI. This has a perfect risk to reward setup. What am I...
Give how everyone is selling out pre market and it's holding up. I bet you it'll rise with ease because of the fact that there's not as many long positions. AKA low risk to MM I'm longing based on this and also the shifting indicator on 4H short to a bounce
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price broke from its trendline and went down till its support. As per our analysis it will retrace. Let us know your views on this in the comment section. Thank you all. There...
Futures opened up green but have been inside of a rising wedge. Usually these breakout to the downside, which played out beautifully here. For now it seems the bulls have lost their momentum but as I was typing these we even started breaking down further. My next target is my marked support. We could get bigger moves now.