Equity markets preparing for the next wave of selling.
There are a few signs that equity markets could be on the verge of a fresh move to the downside. Here are a few charts to explain.
1. Equity/Bond Ratio
The ratio between equities bonds has rallied into a significant resistance zone and is showing signs of rolling over, this suggests the bullish momentum...
Guys, AUDJPY has been on the uptrend for quite some while, we could capitalize on the retracements meaning we are looking for a quick form of downwards movement.
Please leave a like - SIGNALS @mbdtrading on telegram
Ok, I hurt someones feelings earlier by my fun loving posts so I apologise I'll keep this one clean.... haha yeah right.
I am based in the UK and if you are a gifted chap like me and have a generous size of balls you'll know this weather is a killer for them. they sweat they hang. They are just annoying!.. I'm only kidding. If you have read my earlier posts you...
Please check my previous XAUUSD TRADE. This is something i have in mind which could happen soon. If it decides to respect down trend and line then we could see a push to 1700 or lower.
please leave a like and comment. @mbdtrading on telegram for signals.
LONG - the reason as to why we may be looking for a long is that we have broken through a resistance, we are looking for a pullback to retest the resistance and look for a bigger push up.
SHORT - the reason as to why we are looking for a short is a possible plain and simple head and shoulder pattern that could potentially be forming which would give a huge push...
Hello guys, on the 4hr and 1hr we can see a key level of support was finally broken. We are not looking for a retest off the support which was broken and find a sell entry around there. The TP is roughly 100pips as its the next sort of key level but could see push downwards of 300 pips+ longterm.
Please leave a like and comment - would love to hear your...
I am waiting for the price to hit the top trend line to place a sell. I am hoping the price will then drop down to the lower line as it has done before.
These trend lines have been tested 3+ times each and I would class them as a pair of strong support and resistance.
RSI Is at 54, so neither here nor there however is more to the oversold side of the scale....