As we can see from this chart DOW has broken above its previous resistance level and has now entered an area where it plummeted before
There is an opportunity to go long here if price action indicates the move OR price will get rejected from this area and move lower.. there is also a chance price might range in this area for a short while but we will have to wait and see
US30 has hit its tipping point, we could see a big push to the upside and make a higher high like NASDAQ did OR we could see a trendline break and rejection
I do see some bullish divergence on a lower timeframe which could mean this pair shoots up but we will have to wait for price to tell us what it is going to do
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The markets are waking up to the possibilities with less regulations and more money going directly to...
As we can see from the chart previously once price broke the highlighted level it dumped but retraced very quickly. I anticipate once support is broken we are going to see an even bigger drop.
I have a few sell stops in just in case to catch the fall
I been researching for hours and hours on google trying to figur out when it is right time to make a trade because on google it tells me many things about double top that can be trap move??? I am scared that if i do it wrong i will mess up my trades?? I know google tells me that when price bounce off the support level, it is a sell. BUT i also saw that it broke...
So Guys, As I predicted that U30 need to take the liquidity below in order to push up. So I see it coming to the weekly support. which is a Lies on the Fib level 0.68 so Price is likely to move up.
- There are lots of market gap were made on top which need to filled later on.
- Liquidity is being taken out as price drop.
- There more up side sign from the...
Simple as you like really, price is currently at a strong support zone and had a really bearish day on Friday so we are expecting bulls to take over and push price higher and possibly to our resistance zone ( green box ) this is where we will be placing our TP.
Again see how simple and clean our charts are? why would you stress yourself out with 100s of...