Bulls Are At It, Offcourse. When do you take Profits though ? Trap Bars are forming Now. price Hasn't Retraced to Green TrapZone for about A week. Retrace Is expected back to Trap Shorts and Shake weak Longs - SOON ! Hourly Candlestick Chart of MCL/ Crude Futures with TrapZone Pro
So the next trade i will took if it goes as planned is short on eurusd,as we see price is touching 0.5 fib retracment,i always put fib on a daily tf.Overall trend is bearish. Wait for some kind of a confirmation to enter a short position like a bearish eng,or a pinbar to see that bears are serious about pushing the price down.Happy trading everyone! entry around...
HI guys, ive been following Shopify (SHOP), since its test of some important SUPPORT. This is a quick update from my previous idea. (Which you can find down below for more context) We've currently bounced extremely bullish off the SUPPORT level, heading towards a SUpport turned Resistance line associated with the UPTREND channel i identified. Normally when we...
After the initial dump around the 17th, I made an analysis on BTC where I discussed the fact that this token was the most oversold on the daily RSI since the COVID dump. My short-term expectation was more edged towards the bullish side than towards the bearish. My target area for the bounce lied between the 0.382 and 0.618 Fibonacci retracements. This area is...
Quick-quick, make a take me! Watch this clip and the PEPESUDT SHORT video and it'll be perfectly clear. Especially when it does exactly what I'm suggesting.
From current position down to ~$0.000008600. Watch the video for more details and some close-up shots showing the weird places I managed to get a sun burn over the weekend. Enjoy.
NZDUSD was trading descending channel and recently bulls took the charge and has given the breakout from descending channel. Currently the price is retracing and creating the support around 0.5950 region. Will the bulls take charge again continue for leg higher ?
On the 30-minute chart, I see GNS as a Bullish Pennant on a high flag pole in the big move yesterday with consolidation now. It is high in the VWAP bands and so at risk for a reversal to the mean. Pennants more often than not continue upside. To hedge, I have set two lines. If the price goes over the green line a buy stop long will trigger into a market...
Hola ! Last week Friday we hit the sellside liquidity = 33+ day lows taken out Anticipating a stronger correction before we go lower.. i will however be watching that sellzone carefully just to catch a few ticks Remember always to follow your rules ! Cheers
The market crashed intraday yesterday reversing more than 100% of the recent total rapid movement upwards. The index found support and since its Friday we do not expect much volatility or further high activity in the market. However, some retracement has to take place for correction. Let's see. Back to 61.8% of the movement perhaps....
Possible NAS100 retracement today. The news at 15:30 will have an impact on the dollar and more volatility on indices is expected after 16:30. The opening could cause the index to drop if the 15300 level breaks. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...
Gold was following a downward trend recently. It later showed signs of retracement and just broken resistance that might push it upwards. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a...
The PMIs were devastating again for Eurozone. The EURUSD dropped heavily during the day. Possibly the downward movement is finally over. A retracement is expected back to the 61.8% of the movement. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk...
Regarding our observations, currently there are absolutely more buyers in the market. After breaking 0.8850 there is good place to long the pair. Breaking ascending the trend-line down and retrace to top of the bearish channel make good chance for a short trade. breaking down 0.8742 could be anoother opportunity for shorting the pair.
After the recent bullish move , now UNFIUSDT is break through inclining trendline and support area as well and it looks like UNFI is ready for big selloff. Currently the price is retracing a bit and if it get rejection from 4.10 area, will be nice for sellers to attack.
Primary Chart: TSLA on Weekly Time Frame with a Downtrend Line from the All-Time High and Fibonacci and Measured-Move Levels Preliminary Comments TSLA is poised to stall soon, perhaps into July 21. By definition, a stall does not necessitate a crash or major trend reversal (at the primary degree of trend). A major reversal downward (crash) is always...
GBPJPY is trading in smooth bullish channel and perfectly following Dow Theory by printing consistent HH and HL. We are waiting for the price to print fresh HL which will be nice bullish attempt.
CT CTRM jumped about 20% with earnings in my idea published as that was occurring. It is now in consolidation for two days on the 30 minute chart in what appears to be a high tight bull flag pattern. These patterns are typically predictive of a bullish continuation with decent reliability. The continuation can can be as much as the height of the flag pole...