Hi guys! As always, im looking for macro trends/ signals and critical movements/ developments in the markets.
What caught my eye is PAYX.
Today it gets the focus as it had Q3 revenue miss and its down 6% pre-market.
With panic coming in, ill go over technical developments and the big picture.
Lets jump in. We are in the 1 week timeframe (note this weeks candle...
Hi guys and Welcome!
As a trader its empowering to overanalyze an asset you would like to trade.
To think of various potential associations or the direction that price action can have or go.
It reduces any surprises and allows for you to be ready and strategize adjustments.
And just NOTE: That this is just an idea/ theory and it does not have to play out as...
Traders,
Until BTC absorbs the 26,500 price level, another retest of 25,200 is likely and the bears remain in control. If the price of 26,500 is absorbed and exceeded, we can then think about 30-31.6k again. If our support of 25.2k is broken, we can then think about 20k. In between 25.2 and 26.5, we simply remain in limbo with bias slightly bending towards the...
Daily is in Bull trend, but at 4H time frame the market is in range bound.
If a 4H candle closes above 83.1575, then bull will be in control.
The risk : reward ratio is 1:2.68 to 1:3.58.
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at USD/CAD in the coming week
1. Closed the week range bound on the Dollar/CAD.
2. Looking for some Liquidity runs to get some directional perspective.
3. Should we break above looking for short entries towards sell side.
4. Looking to fill some gaps below .
lets see how it goes.
IF THIS IDEA ASSISTS IN...
Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is still moving in the same range. It is accumulating inside a rectangular box for more then a month. BTC is moving in a range of $18.4k to $20.4k level. Bulls need to break above the $20.4k level for a sustainable growth in BTC....
As discussed in our study yesterday ( April 4) the index could not convincingly close above 18060 levels and consequently got dragged to test the strength of 17900 levels. The call writers who wanted to keep NIFTY below 18000 managed to do so for the day and the put writers had to give in some ground that they gained yesterday and last week. In the absence of any...
The price has been trapped within this range since December last year. This last week, the price gave a fake break out of the resistance, then closed the week back within the range (forming a weekly pinbar). Within this upcoming week I can expect to see the price drop further down to the support once again around 166.305. Before I take entry on this pair, I'll...
Well we were following this chart for months.
After it pushed to a new high level now it seems to me that it likes to play slowly in the range bound.
Take care and be careful about it.
Sugar No11 has stalled its uptrend over the last 6 weeks and formed a range bound market between 15.00 and 14.00.
Indian News
The main fundamental reasons for this are the late subsidy announcements from India as they are currently subject to a WTO ruling which started November last year.
"Meanwhile, sugar mills in India have held back exports as they...
I am waiting to short CADJPY, a retracement to the sell zone or at least at the previous consolidation area 79.70 will be an ideal level for me to engage the trade.
Sometimes analysis is that straight forward and you just have to wait for confirmation and engage the trade from there.
It's no surprise, GbpUsd could not break the Resistance/Support made from December to March's previous price action encounter.
Now we have an epic failed upside breakout and the pair has already broken the previous lows of last week and has already retested that area.
We are now waiting to see if price can successfully break the trendline and continue towards...
The market is in a range bound in D1 chart if this rectangle break at any side market will move on that way. TRendline break at D1 but still candles are closing in a range and not making at high or low above the mother candle.
In euraud we have proper channel and the market is in channel if the market will move under the channel range. If channel break at upward or downside so we can enter in euraud trade with proper confirmation that will be any candlestick or breakout pattern. Until we have to wait for the right time to do trade in this pair.
