IT Index weekly chart suggesting it may trade sideways for some time and it should hold 13000 levels on the weekly basis to continue the trend it started from 11000 levels On the Basis of previous price action, I am expecting 13000 levels would act as good support and only the decisive Break of 13000 levels can take the index to 11000 levels.
The candle break and close below the sideways consolidation(red line) and retrace back into the 1-hourly chart sell zone and within that, there is a bearish shark setup on this trend trading opportunity, AB=CDpattern is in to sweeten the deal. I will be waiting for a candle confirmation to engage the trade.
A sideways consolidation on the 4-hourly chart has revealed a breakout that is imminent. A prefer movement will be an indecision candle touching the upper trendline(blue) that gives a shorting opportunity. Right after that, I will be waiting for a buying opportunity on the bullish bat level.
A sideways consolidation on the 1-hourly chart. I'm waiting for a break below close below or a break above and close above the trendlines to engage the trade. A bearish move can be more profitable than bullish.
If you happened to be in our live session you will get to see what's my trade plan for this, a great 52pips run for those who have long at the base of the flag pattern. You can still watch it tonight at 1808hr on my facebook link at the signature. An upward breakout has been confirmed, for traders who were waiting for fibonacci retracement, here's your...
On the daily chart(right), the market has retraced to the sell zone for a trend trading opportunity, it's a great opportunity for trend traders to engage for a shorting opportunity. On the 4-hourly chart(left), a bullish movement follow by a pennant that shows a bullish flag setup which I am more inclined of. However, for both setup, the RSI was not...
NASDAQ:ATVI has been trading sideways for over 9 months now and in a tight range for the last month while printing higher lows (ascending triangle ?). Oh, and of course opened a big gap in that last drop. What I'm looking for next : 50$/200 EMA test/breakout Volume on breakout Strength of breakout/if weak see if market structure holds Gap Close
Looking at the current price direction we can clearly see were in a rising market,Ill be looking for the candle to respect the trend line @1.77255 and set my TP between the green zone. @1.77730-@1.77825. clean 50 PIPS. safe trading Rusty
A sideways consolidation gave an aggressive trading opportunity, as the trendline sits firmly I will wait for a buying opportunity to engage the trade and I'll decide at 1700hr(+8GMT)
A sideways consolidation slowly creeps in into this chart. Just as you are going to say that Both support and resistance of the leg that broken it is well supported or we resisted.
A sideways consolidation slowly creeps in into this chart. Just as you are going to say that Both support and resistance of the leg that broken it is well supported or well resisted, it does pose a potential aggressive long opportunity. Should the market break upwards a bearish bat setup and should the market break downwards a bullish butterfly awaits.
A bearish Bat has confirmed and for this trade setup on a higher timeframe, 4-hourly chart is a sideways consolidation. With the reward:risk, I won't be taking this trade, but is really up to you. The trade I'm looking at is more of a co-related pair, EURAUD.
On the Daily Chart , market breaks the sideways consolidation and break towards the downside. With the Wed 2 Jan Asian Market Flash Crash, the market touches the Major Support on the weekly chart and provide a potential selling opportunity on the 1-hourly Potential Sell Zone. I need more confirmation to look for potential selling opportunity, just subscribe to...
On the Daily Chart, market breaks the sideways consolidation and break towards the downside. With the Wed 2 Jan Asian Market Flash Crash, the market touches the Major Support on the weekly chart and provide a potential selling opportunity on the 1-hourly Potential Sell Zone. I need more confirmation to look for potential selling opportunity, just subscribe to...
This is a support and resistance trade, if this candle close on a long shadow candle or better known as a pin-bar, I'm going in on an aggressive short as: 1. Is a Trend Trading Opportunity 2. Market got well resisted by trendline 3. Major Resistance as red line I've a duo target for this trade, exact level share to my subscribers, check it out on our October 2018...
Sideway Consolidation resume on the Daily chart but on the 4-hour chart the bottom trend line has been broken. As the whole, Market is still bias towards bullish, I will be only looking at shorting opportunity when I spotted a double top or a harmonic pattern completion closing at the top of the trendline. To Receive the Weekly Market Analysis, Subscribe to our...