As you can see in the chart, due to the weakness in the decline and the reaction to the support level , I expect an upward correction first, and then I will update the analysis if there is a reaction to the resistance level .
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According to my risk and capital...
This looks like an incomplete inverted head, neck, and shoulder forming on the 4hr after the strong bullish move the later half of last week. We did pass a weekly level, so a pullback is likely, but may not hold for very long. If we breakthrough both the weekly 1.55481 and daily level 1.53147 areas, we'll continue on the downtrend seeking to reach a new low. Let's...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
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Rocket to the moon.
Strong uptrend.
PRICE TARGET 1 450.00
PRICE TARGET 2 500.00
Try some options.
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Bearish Movement on the GBPUSD pair, tracked from monthly timeframe down to 4H based on engulfing candles. Opportunities for day trades as well as swing trades
$OSS swing idea
1. Recent Earnings
2. Retraced to all time low (Multiple bottom)
3. Upcoming Conference 6/4/19
Market is weak so small caps and all other sector is bearish. So I'm looking for low risk entry with tight stop loss.
Idea:
1. Enter within the Orange and Red Line OR HOD break of Friday's candle - Scale out 5-8% (target is the green line) but...
Tesla $TSLA Major downside support areas noted (white arrows), probable trade price targets. #swingtrading
The primary support test I see if a nosedive occurs is the diagonal quad wall (orange diagonal dotted marked with a white arrow).
This is one day model so it is a wide view chart more suitable to swing trading or directional trading over days or weeks than...
![DXY: #DXY [4H] Bearish Outlook](https://s3.tradingview.com/1/1cid5As8_mid.png "#DXY [4H] Bearish Outlook")
