Good morning traders, I have been quiet for a while, I hope everything has been going well. My US100 daily tf analysis. I have posted the daily analysis on this pair before, hoever this is an update on how it is playing out. If you look at the left of the chart, you can see that market reversed after an uptrend(cant be seen) I want to point out the 3 levels that...
3M stock is considered very cheap as it is traded at 3.5x PB ratio. Even though the company has an decreasing future net income, it still has pretty strong revenue. 3M price is moving downward faster than it's strong fundamental. So it left room for potential upward gain, as it is now considered cheap in term of financial valuation. What is needed by the company...
The chart is self-explanatory, we will go up for the next few days at least, maybe a few weeks?
A good opportunity to long position and get a good profit from the attractive American stock market Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other...
GBBJPY was caught in a flag pattern for a few days. As analysed the other day, I still expect buys in this market. Price has broken out of thew pattern, and currently giving a retest. The price should reach 161.790
Hello This is an elliot wave count of 3M company chart in weekly TF Please tell me what you think about it Regards reza
SIDEWAYS RANGE TRADE SET UP: For the most part, this has been making relatively equal highs and lows between....let's call it 120 and 130. The 20 day and 50 day are flattening and it's not in any strong rally or strong pull back. I determined my target using the hour chart. I was thinking about having this expire this Friday, but I didn't feel that was enough...
Hi price broke through previous supply zone and it has become strong demand zone now, if price backtest this zone and bullish signal appears, can try long order but just remind of upcoming non-farm payroll announcement may affect USD, DXY...so on Entry SL TP are given on chart Just personal opinion, not investment advice!
price reached HTF supply zone, even it broke above previous H (upper wick on Dec 1st) and created HH but price formed an evening star then dropped once price backtest supply zone and "appear bearish signal" within new formed supply zone, can consider do short HTF is still bearish, e.g., day chart but price has moved upside and continues make HL-HH-HL-HH since...
Looking at Calls tomorrow for MMM. It would switch TFC on the monthly to support it and the weekly by taking out PTs would also switch and become a failed 2. Entrys and PTs are marked for you.
Hi, price backtest this poi area (supply zone) "If apparent bearish signal appears", consider placing short order Entry, TP, SL are given on chart, can flexibly adjust for avoiding fake move, stop hunt... all are personal opinion, not investment advice.
As mentioned on the chart, also, there is a downtrend resistance line so if price backtest demand zone (upper green block) and price action within my expectation (uptrend momentum continually gets weak) it may be a short potential position but place order only if apparent bearish signals appear, could be bearish engulfing, evening star...so on, also could...
USDCHF H1 potential short when price hit red block which is HTF supply zone, also fibo 38.2-50, do short only if bearish signal appears, Entry, TP, SL are given on chart just personal opinion, not investment advice!
Fundamentals: CPI 7.7, better than expectations DXY falls US dollar weakens Non-U.S. Currencies go up *Technical : Price has reached previous HTF supply zone also accumulated liquidity before If there is a clear reversal signal inside the red block (can be found in LTF) Could be bear engulfing, downside trend... Consider placing short However, with the recent...
Entry : when price backtest demand zone (green block) place order only if "Bullish Signal", could be bulls engulfing... hammer etc SL: 144.167 can add some points/pips for preventing stop hunt TP around 146 The above are only personal opinions, not investment advice.
GBPUSD has moved bullish for a month and a half (lowest on sep26) if price backtests demand zones (which are given on chart, the green block) and appears apparent signal, consider placing long position TP approximately set RR2 Personally prefer waiting for price backtests lower demand zone Placing order at upper demand zone please confirm "bullish signal...
same as bitcoin Continue to rise after breaking the pressure of the descending parallel channel long position, next TP look at 1688 then 1715 Only after breaking through those two points, will have more momentum to hit supply zone ( lower edge - 1755 ) crypto market is usually less volatile during weekend It may be impacted after stock market opens on...
(Fibonacci is based on 9/13 high & 9/22 low) The price breaks out of the descending parallel channel and continues to rise, The next key price will look at 21695-21700 (Fibonacci 23.6) After the effective breakthrough, look at the lower edge of the supply zone ( which is around 22130) Support points are given on chart All are personal opinions, not investment...