This is the last phase of this bull run MSI has been red for last 2 days Market is climbing. This is typical behavior before a correction, stay patient until prices start to go below the trap zone to enter shorts
It is profit booking for sure, there is clearly a Red TrapZone and Red UMVD in place for now. So only shorts are active now for Netflix. TrapZone and UMV combined together are complete automated technical analysis indicator package. You get to clearly see in Realtime the market trend strength and volume confirmation.
See the green UMVD which is now turning purple, that means divergence - Now we are below RED TrapZone and if we get RED UMVD now AFTER DIVERGENCE - We will start selling further Down.
Futures seems to have broken the resistance, but is seeing selling at the moment. So I belive we will see and test the Support now.
Watch out for Buying at the tops, that promptly follows with selling. We are going to correct the S&P500 and other indices so be careful if you are long TSLA * UMVD is red and so is Market strength indicator. Prices are stuck under Red TrapZone*
Price now trapped under the RED TrapZone and UMVD also shows selling in the market. So TREND NOW is lower wait for green TrapZone and green UMVD to signal up moves
As long as Price stays below Red TrapZone we are in downtrend. Watch for Market Trapping buyers every time price pops higher. use UMVD to see this.
Strong Red TrapZone and Red UMVD for Oil futures, We are going down even further.
guys there is an opportunity to go long or short if the price breaks and closes below or above the support line and can aim the recent swing low or high and i have also used fib to predict where to set the take profit for both long a short position, for long position you can set your TP at the above arrow and for short position you can set your TP at the down arrow
Hi folks Kadena seems to show signs of weakness at present level Leaving our LOng position temporary to by back lower will be a wise decision since we can accumulate more Recommanded prices of buyback : 0.9 0.87 Happy trading !!
Looking short now after a failure to breakout at 1.2 Hourly support at 1.12 is the target, and a possible breakdown from there. Tight risk right here at the breakout level, have to watch out for quick wicks.
As you can see here, we are not only approaching a supply zone on the daily chart for NASDAQ:META but we are also riding this trendline. I will look for a break of the trendline and enter a short swing. Remember, always risk what you are willing to lose. Thank you as always reading my analysis. God bless you.
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: On Friday, investors will pay close attention to the economic data coming out of China. It is predicted that the Consumer Price Index (CPI) for the nation will decrease by 0.4% compared to the previous year in December. Similarly, the Producer Price Index (PPI) is expected to drop by 2.6% year-on-year,...
Too bad I'm a bit late with the new trend 👉 $ETHW... It Easy price action trading... There are still possibilities... I will keep an eye on these levels... #trading #ethw @EthereumPoW
A short at 2.99 to 2.53 with the necessary risk management will bring a 15.45%+ return 7.3+ million volume
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the early Asian trading hours on Thursday, the price of gold (XAU/USD) experienced a gradual increase. The weakened US Dollar (USD) provided some encouragement to the yellow metal, particularly in anticipation of the significant US CPI report later in the day. Currently, the gold price stands at...
Looking at this Bear flag on SPY. If this breaks down, we could see a 5 point dip.