Previous support located at 7950. Previous resistance located at 8000. The correction lower is assessed as being complete. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 8006 and 8024 UK100 - Intraday - We look to Buy at 7926 (stop at 7894) Resistance: 800 / 8050 / 8100 Support: 7950 /...
It looks like stocks bottomed today, but what is my evidence, and why would I say that? 1. This correction has been very orderly, and VIX has been going down along with stocks, which means something is happening. 2. Stocks have held exceptionally well despite rising interest rates and the DXY. 3. We have continuous liquidity injections by most central banks, and...
One to Watch- Index, Stage 1 Base. Mean reversion back to 120 WMA. Follows Vanna/Charm power week, now heading into week of Feb opex. 395-400 important potential magnet on downside? Potential for leptokurtic move to the downside into March? On a larger move down, 380 would come into focus?
Buy Above - 40500 SL - 40420 Targets - 40600,40720,40800 Sell Below - 40300 SL - 40480 Targets - 40140,40000,39900,39750 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Is the bull run already started in NAS100? Finally NAS100 break through declining trend line. Now are the bulls ready ?
Hello traders! US30 is at a demand zone, looks good to climb some good pips. Price has retested the 4hour orderblock from tuesday 20 2022. Buyers are stepping in riding it up to the moon 🚀, Cheers!
Price is approaching major support at 3904 which is a key overlap support. We could see a bounce from here to take price up to 3951 which is a pullback resistance right before the big 23.6% Fibonacci retracement. In terms of stop loss, we're eyeing the 3870 level which is an overlap support. Any opinions, news, research, analyses, prices, other information, or...
We're seeing price break at key support at 15240 which could potentially trigger a move down to major support at 14967 - which has seen prices bounce off multiple times in the past. There is a descending resistance line that is pushing prices down along with the bearish Ichimoku cloud. The bearish momentum could carry the breakout all the way down to the 14967...
Hello traders! NAS has formed a clear falling wedge pattern at a critical level, on the h4 price is at a strong orderblock which is a plus for the pattern. If the pattern is broken i beleive the move will be massive.
Market Conditions: - bullish trend, correction - bearish sentiment in the market Key Level and Lines: - $12 000 support Trading Ideas: - go short if the price stays below the support. - go long if the price moves above the support and the market is bullish.
here is my unbiased Germant30 setup.. which I am waiting for confirmation before taking the trades
The FTSE snapped a 4-day losing streak yesterday, after the pullback from its record high found support along the bullish trendline. A bullish engulfing candle also closed above the 10 and 20-day EMA’s, after the RSI (2) went into oversold territory the day prior. So it appears a swing low has formed and we’re looking for a move back above 8,000 whilst prices...
Hey Traders, in today's trading session we are monitoring US500 for a selling opportunity around 4020 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring NAS100 for a selling opportunity around 12070 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Technical Analysis and Outlook The index Mean Res 4145 was the culprit target with the recent Intermediary Up Trend as shown on S&P 500 Daily Chart Analysis For the Week of Feb 17; all three targets were hit - Mean Sup 4060, Mean Sup 4015, and the Inner Index Dip 3980. The newly created Mean Res 4028 is our intermediate upside target - Dead-cat bounce. Keep in...
BNF SHORT TERM VIEW Entry Stop loss and Targets are given in the pic