S&P 500 (SPX) rally from 10.13.2022 low was in 3 swing and ended wave (2) at 4194.16 as the 1 hour chart below shows. Wave (3) lower is now in progress as a 5 waves impulse Elliott Wave structure. Down from wave (2), wave ((i)) ended at 3943.08 and rally in wave ((ii)) ended at 4078.49. The Index extended lower again in wave ((iii)) towards 3842.91 and rally in...
Good chance to buy taking into consideration the second scenario as a down price action, Calculate your risks..
DOUBLE BOTTOM PATTERN Buy Above - 39400 SL - 39330 Targets - 39700,39900,40080 Sell Below - 39300 SL - 39400 Targets - 39130,38940,38770 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Buy Above - 17000 SL - 16940 Targets - 17060,17150,17220 Sell Below - 16940 SL - 17000 Targets - 16850,16790,16700 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Hope you are having a nice day. Looking at Zone 1&2 it looks a lot like we might be seeing some neutral movement for Monday i will also take extra caution when taking a trade. I also noticed that Zone 3 on the chart was a big resistance level back in November and December 2022 and then got broken out of. I do however think that the market will be testing Zone...
hello traders new week new opportunity this is for Nas100 weekly analysis i will also update if there is some scalp setups on a daily basis just keep following lets make money
Beautiful higher timeframe retest of previous key level resistance looking left, as new support forming a higher low. 3 weeks now price has closed above this key region, & above this zone I am looking for price to resume the overall uptrend.. A lot of confluence in this region as it also aligns with the 50 fibonacci retracment of the previous impulsive stage. The...
Hey Traders, NASDAQ is trading in a downtrend and extending pullback seems to be approaching the major trend. in tomorrow's trading session i will be watching a potential reversal around 12800 support and resistance zone of the trend. i would also recommend to keep DXY on the watchlist to confirm the trade as DXY and the stock market are negatively...
Buy Above - 17150 SL - 17110 Targets - 17220,17320,17370 Sell Below - 17080 SL - 17120 Targets - 16990,16870,16790 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
The price formed a double bottom and broke the descending trend line, but has not tested it yet, after a pullback further upward movement is likely. My targets: 12850 and 13120 D1: Good trading! If you find it useful, like, follow, share!
hello traders i have played the breakout on nas100 i sometimes enter on the break or the prebreak depending on how comfortable i am all trades smashed today it is possible once you learn it and get the right information from the right people then trading will be less stressful follow more
Technical Analysis and Outlook The Spooz downward trend continued earlier in the week and completed our Interim Inner Index Dip 3820 - The upside rebound followed in the second part of the week by hitting the Mean Res 3927. The rebound should continue to Intermediate Outer Index Rally 3980; however, the retracement to Mean Sup 3878 is predisposed.
Short and Medium term structure S&P is bearish once it makes a new low around 3,500. Now we expects more downside to 3,100 as it's shown in the orange circle in Daily Chart. We expects a reverse in this circle area and we saw a strong correlation with other indices (American, European and Asian). Next week, we'll update this forecast.
Bullish momentum just came into the market took my profit on the sells and now on the buys, lets bag. 150 pips target for the day..
DAX ended cycle from 9.28.2022 low in wave ((1)) at 15707.61 with internal subdivision as 5 waves. Index is now correcting that cycle within wave ((2)) in larger degree 3, 7, or 11 swing. Internal subdivision of wave ((2)) is unfolding as a zigzag Elliott Wave structure. A zigzag is an (A)-(B)-(C) structure where wave (A) and (C) both subdivide in 5 waves. Wave...
$NAS100USD/QQQ are relatively the same pair and since that's the case i'm basing my bias off of the movement of the DXY which was bullish and is now becoming bearish. When one goes up the other goes down and vice-versa. I'm looking for NAS100 to move to the upside. Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a...
Hey Traders, US500 is trading in a down trend and extending pullbacks seems to approach the major trend, so in today's trading session i will be watching a potential rejection around 3925 supply and demand zone at the trend. one of the reason i'm considering this potential setup is the bullish momentum on DXY as we know the negative correlation between the stock...
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