Hey traders, in today's trading session we are monitoring US30 for a selling opportunity around 33900 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Since CPI is coming up soon im feeling that we have a high chance of REVERSAL for a sell off of our resistance zone. ANY COMMENTS ON THIS TRADE WILL BE MUCH APPRECIATED.
Price last week broke out of the sideways range to the upside for a new potential high, shifting the structure & the trend. Price has now pulled back for a new potential higher low here to retest the broken range as new potential support here, where we can now look for price to resume the new uptrend for a potential higher high next.
Hello Traders, Hope you all are doing good!! I expect US30 to go Down after finishing the 4H correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Hi Tradingview Family, Shaquan here. Today I noticed the Dollar Index(DXY, USDX) made a new low. What this tells me is the sellers still have control and it's time to look for another selling opportunity on USDCHF while buying EURUSD. I'll be going live on Trading-view at 8:00 pm EST. tonight to cover the in detailed analysis while sharing with you the 10 tools...
DOW30 - Intraday - We look to Sell at 33803 (stop at 33953) A Fibonacci confluence area is located at 33803. There is scope for mild buying at the open but gains should be limited. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Further downside is expected and we prefer to set shorts in early trade. Bespoke support...
DXY D1 - We mentioned last week we wanted to see a breakout of this consolidation, our bias is steering towards a bullish breakout due to the technical push before AE, UE and NFP figures. That being said, complimentary figures supporting the dollar... actually saw the dollar lose it's technical ground. We wat to see a convincing break of this consolidation...
The Russell, and other stock indices, have been in a retrace move since November 2021. High inflation and fears of a predicted recession are the driving force of the current downside. Is now the time to re-enter equities? Is the retrace move coming to the end? Have the markets found a bottom? Here are my thoughts... Fundamental Analysis Inflation is coming...
Seeing potential weakness across the indices. expecting it to trade a bit higher however. See NAS idea for further analysis.
Seeing weakness in the indices, looking for price to continue upwards to fill efficiencies before the potential reversal. Slow news week, not expecting anything major before thursday.
🇺🇸 US500 Time For An Upward Wave. 🇺🇸 Nearest strong support zone: around the 0.236 fibo level of the entire downward wave. 🇺🇸 Nearest strong resistance zone: around the 0.382 level of the entire downward wave. 🇺🇸 Technical environment: - Moving averages: Downtrend - MACD: Uptrend - RSI: Uptrend - Supertrend: Downtrend 🇺🇸 Price action: the US500 in recent...
Setup: Holp reversal at support Trade rating: 3/ Reward: risk: 1.5:1
🇺🇸 US30 End of The Correction. 🇺🇸 Nearest strong support zone: around the 0.5 fibo level of the entire downward wave. 🇺🇸 Nearest strong resistance zone: around the 0.618 level of the entire downward wave. 🇺🇸 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Uptrend - Supertrend: Downtrend 🇺🇸 Price action: the US30 is really doing great...
🇩🇪 DE40 Next Rising Wave. 🇩🇪 Nearest strong support zone: level 0.618 fibo of the entire downward wave, around 14593. 🇩🇪 Nearest strong resistance zone: level 0.786 fibo of the entire downward wave, around 15348. 🇩🇪 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Uptrend 🇩🇪 Price action: the DAX in December scored a correction of...
Dow has broken previous 33420.00 price (Resistance) and seems to be introducing new found support (if it retests) for a continuation of an overall uptrend. Let's see what happens when the market on the 9th of Jan. May the gods of forex be with us all 😍📊🤭💯📉💜📈⚡💲💸✈️