Dollar Index is currently trading between 2 important structures on a daily. Depending on the reaction of the price to the underlined areas, I see 2 potential scenarios. If the price breaks and closes above 104.8 resistance, I will expect a trend following movement at least to 105.5 level. If the price violates 103.9 support and closes below, a bearish...
As S&P 500 drawed a leading diagonal and corrected it strongly , as usual after diagonal waves, we might see a deep crash to complete a zigzag or to make a deep wave 3 downside.
Here is my latest structure analysis for Dollar Index. Resistance 1: 105.00 - 105.10 area Resistance 2: 105.68 - 105.88 area Support 1: 104.28 - 104.7 area Support 2: 102.60 - 103.10 area Support 3: 101.75 - 102.00 area Support 4: 100.55 - 100.68 area Support 5: 99.57 - 99.75 area Consider these structures for pullback/breakout trading. ❤️Please, support...
Multiple time frame analysis for US30. Price action & important key levels. Directional bias & thoughts. Trading plan explained. ❤️Please, support this video with like and comment!❤️
Here is my latest structure analysis for Dow Jones Index. Resistance 1: 35000 - 35150 area Resistance 2: 35480 - 35570 area Resistance 3: 35620 - 35690 area Support 1: 34490 - 34690 area Support 2: 34020 - 34100 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis for Dollar Index. Horizontal Key Levels Resistance 1: 104.3 - 104.7 area Resistance 2: 105.7 - 105.9 area Support 1: 102.6 - 103.3 area Support 2: 101.7 - 102.0 area Support 3: 100.5 - 100.7 area Support 4: 99.5 - 99.8 area Vertical Key Levels Vertical Support 1: Rising trend line Consider these structures for...
Dollar Index is currently testing a solid key daily resistance. To catch a bearish wave from that, watch a major rising trend line. Its breakout - daily candle close below will be a strong bearish signal. A bearish continuation will be expected at least to 103.3 level then. Alternatively, a bullish breakout of the underlined blue are will push the prices...
Dollar Index is in a strong bullish rally since the middle of July. However, to me, the market looks very overbought. On a 4H time frame, we see the so-called Exhaustion Gap. It usually appear at the end of the bullish move and signifies the last attempt of the buyers to push the prices higher. I believe that probabilities are high that the gap will be...
US100 is currently testing a solid horizontal resistance. The formation of a doji candle on that indicates a local equilibrium between buying and selling volumes. To sell the underlined structure with a confirmation, monitor 4H time frame The index formed a double top pattern there and consolidates. Bearish breakout of 14880 neckline and a 4H candle close...
Dow Jones Index is trading in a bullish trend. After the price set a new higher high on a daily, it retraced to a key daily structure support. A doji candle was formed on that. Analyzing a 4H time frame, we can spot a confirmed bullish breakout of a resistance line of a falling channel and an inverted h&s pattern formation with a violated neckline. These...
Technical Analysis and Outlook: This week, the Spooz index finalized its down move by completing the Inner Index Dip 0f 4340. However, a strong rebound is possible with Mean Res 4460 as a primary target. On the downside, price action might churn about the completed Inner Index Dip 4340 and Mean Sup 4330 before taking off to the upside. Notwithstanding, if all...
We have already spotted earlier a bearish reversal on US30. After some consolidation, the market leaves one more bearish clue: the price formed a big double top pattern formation on a daily. Its neckline was broken this week. The index may keep falling to 34600 support. ❤️Please, support my work with like, thank you!❤️
S&P500 Index is currently testing a key daily structure support. To buy the market with a confirmation, watch a double bottom pattern on 4H time frame. 4487 level is the upper boundary of its neckline. If the price breaks and closes above that on a 4H, it will be a strong bullish signal. A bullish movement will be expected 4517 level then. Alternatively, if...
Price action analysis for DXY. Important key levels. Potential scenarios ahead of NFP. ❤️Please, support this video with like and comment!❤️
S&P500 Index formed a head and shoulders pattern on a daily time frame, trading in a bullish trend. The breakout of the neckline of the pattern signifies the local exhaustion of the buyers and highly probable coming correctional movement. I expect a bearish movement at least to 4465 ❤️Please, support my work with like, thank you!❤️
I spotted a double top pattern on a daily time frame on US30. Its neckline was broken on Friday. I think that bears will push the prices lower. Next goals: 34950 / 34680 ❤️Please, support my work with like, thank you!❤️
Our probability indicator has observed Long Term BOS (Break-of-Structure) on Daily TF. Essentially what that means is that we closing in on bearish cycle for XETR:CON and new bullish leg is forming for longterm continuation of new bullish cycle. We expect further bearish correction to 68.30 - 64.80 zone ( Current Inverse H&S pattern support zone ) where...
After NFP data on Friday, US30 turned bearish. The market broke and closed below a support of a horizontal trading range on a daily. It will most likely push the Index lower. Targets - 34950 / 34700 ❤️Please, support my work with like, thank you!❤️