Hello, Im here to share with you my understanding of the market. As you can see, there a good opportunity to buy US500 since it broke the ascending triangle and a good daily resistance. Its an uptrend with a good retest making that resistance a new support. Good trading to everyone who sees this and to who doesnt see it.
After the breakdown of 3700 we have a good chance of the US500 looking for the next level of monthly expansion at 3836 next week which is the same resistance level as H4 Camarilla. Looking for a purchase entry at the minimum of the week or Monday is valid
The price has remained stable above 3600, if we don't break this region down, our next destination will be 3800 for the next few days
SELL LIMIT FOR US500 3475 With stoploss 3485 target 3400 & 3375
Price is moving in a channel waiting for some possible trade.
S&P looking like its making a morning star at the 61.8% on the Fibonacci and the retest zone. Going to target the previous high.
Price will come into this area and find support as it will be a 15min HL and a double bottom on the 5 min at a previous HL. Easy pips you enter here
So this is my anticipation on S&P 500 i think its now going for 4000- . Same as Gold and other US indices. I actually think the Covid-19 crash actually increased the cahnces of this huge incoming rise. So lets just all wait and see but im definitely going long and i think the US elections will pump it more. Suggestions in the comment section.
On Weekly Market Broke The High Made A PullBack To Retest The Low Now Market Momentum Shifted Bullishly On the Entry Market Broke The Daily Resistance and the Channel Now Waiting for the market to make a high and retest the previous daily resistance on 4 hour on the retest, our entry will be Please drop a like and comment your thoughts also
Hi all, we had the summer dip, time to go long for a risk/reward of 1/1.5 or you can keep it until March 2021
Hello friends, This is for fun but TA could tell a story...:) Let's see what happen, Give me a like if you agree...lol. :) THIS IS NOT INVESTMENT ADVISE... LIKE, FOLLOW AND SHARE... :)
Just entered a long position based off these 4 confluences: 1. Trend line was broken 2.Moving avg crossover 3.Possible HH 4. Continuation Doji When this 4H candle closes as a Doji or bullish market structure will have been broken and my target would be the major LH for my exit, That’s a little over 100 points.wait for the 4H close for confirmation👍🏽
Similar to our US30 analysis, US500 is looking like a good entry point on a long position. On the daily you can see where price came back down and tested our support area creating a nice rejection and daily pinbar.
Hey Everyone Here's an idea on the S&P500 which broke out of a ascending triangle structure pushed up and is currently trading in a bull flag / pennant formation which could be signalling continuation with the bulls. looking for a break above and continuation of this move. lets see how it goes. HAPPY TRADING...