Hey everyone :)
As we got a clean break of the Highs and that we got a reversal impulse now I'll be looking for Bearish continuation PA. The entry would be on the LTF bearish flag.
Hey traders, today we are monitoring GER30 for a buying opportunity around 15682 zone, once we will receive any buying confirmation we will execute the trade.
remember to use proper risk management especially with the INDICES since their movements are more big and violent comparing to forex pairs.
Trade Safe, Joe.
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Volatility seen yesterday inside the triangle pattern; indeed after having been under selling pressure,
test of the triangle support line, which finally hold and trigger a nice rebound, in breaking on the upside in
reaching a high so far of 14'905, filling on its way up the 50% Fibonacci retracenent @ 14'883 of the former leg down from
15'399 to 14'367.
The...
Looking at the daily picture, after having broke down the clouds, the Nasdaq 100 fut is triggering, a triangle formation in progress in a new broad bear trend !
Indeed, recent and current price action should be seen as a natural pullback towards the former support area which became now the new resistance to break
in order to neutralise, temporary, the ongoing...
Hi, Price is moving inside a triangle...possible resistance and support zones are visible...now we need to wait for the breakout.
USE PROPER RISK MANAGEMENT!
nasdaq is cureently in a mini donwntrend but has bounced off a daily order block,i predict when nasdaq opens its going to crash down and bounce back up to reach the daily res line,so im waiting for price to come down first than enter,Risky trade
Hello traders:
Very similar price action development like SPX, here on NASDAQ its forming similar structures that could lead to the bearish move we have been patiently waiting for.
We can see price has been correcting in the al a larger ascending structure for quite sometimes now. Very similar like previous price action before Covid drop.
Latest price has a...
Hi everyone:
Its always a good idea to have our weekly outlook on the market so we can prepare for any kind of development.
Here on SPX, the previous 2 analysis I had all had the lower time frame bearish move down,
but just wasn't ready to continue its bearish impulse phase further.
As price reverse up correctively and continue to develop the current price...
Hi everyone:
Similar approach like DOW JONES, as we can see the similar bearish price action here on SPX.
Price has been in the higher time frame ascending correction for quite sometimes now. Few attempts to impulse down and breakout structure, but none has been able to.
As we know, price action can continue its consolidation phase for a long time, and its...
Model Forecast for NI225:
- Line of Least Resistance EW Corrective Wave found.
- Wolfe Wave at Top Distribution Level.
- Weakening rally rejected at top of channel.
- This time the support will break.
- US Markets to follow.
Soon the V's will stop. Easy come easy go.
GLHF
- DPT
Hi traders:
Last week we saw some bearish price on the lower time frames on the indices market,
and this week would be nice to see further downside to confirm the higher time frame bearish outlook.
Here on DOW JONES, a larger, deeper correction is formed.
We see a clear double tops in the marking, and on the LTF there is a potential of a reversal...
Hello everyone:
Many have asked me about my outlook and analysis on the US indices currently, so let's take a quick look at them.
My overall bias on the indices are bearish. There could be some lower time frames bearish price action to give us confirmation of the bigger sell setups.
All of them are pretty much sitting at the top of the overall higher time frame...
