A false break occurred to the previous peak around 0.6920 RSI broke uptrend line MACD shows start of bearish momentum so its expect bearish movement to key level around 0.6800 then to HVN around 0.6650
Description: An analysis for the week ahead. Points of Interest: Two-Day Balance, 100% Retracement Level And LVN Below $3,200. Technical: Broad-market equity indices ended the week lower with S&P 500 retracing nearly 100% of the rally that began after the September sell-off. During Last Week’s Action: Alongside a materialization of the Federal...
as we expecting in previous idea the uptrend stronger than down trend now we expecting more down correction to bull back by the POC our target will HVN as resistance as shown on the chart
Gold has undergone a healthy correction in price over the last month or so, but now it looks as though we are moving into consolidation (or maybe even back into rally mode). The long sideways action prior to the recent sell off established a mature distribution to which we now seem likely to revisit. Good chance price will now gravitate to the old Point of...
This is a volume profile drawn across the span from bottom in March to peak on September 2nd. It shows why the current support area needs to be held. If we break through that support area, there will be another step down without volume to hold the price up. History is important to learn. Go back to previous corrections and use the Fixed Volume Profile tool to...
BULL BACK AND REJECTION SETUP INFO AS SHOWN ON THE CHART
WE STILL ON BEARISH PLAN AND PATTERN STILL ON THIS WEEK WE HAVE GOOD CHANCE FOR REJECTION SO WE WILL JUST WAIT PRICE ACTION AND FOLLOW THE CHART
WE EXPECT BULL BACK THEN REJECTION BY STRONG RESISTANCE AREA TO THE POC LEVEL AND LOW VALUE AS SUPPORT LEVELS AS SHOWN ON THE CHART
This Bear Credit Spread is a high probability trade that I am taking in my Options Service.
GOOD SUPPORT LEVEL FOR BULL BACK WE WILL LOOKING FOR BULLISH PRICE ACTION
we have good supply levels for rejection so we will look for sell setup by daily price action with CRAB pattern setup
WE LOOKING FOR BULL BACK TO BE BULLISH AGAIN SUPPORT LEVELS & TARGET AS SHOWN ON THE CHART
as shown on the chart you can see the retest and bull back setup expected
now we can see the POC become strong resistance we expect rejection to the HVN as support level to back to the up trend retest it or cross it as shown on the chart
pair reach the strong weekly resistance level also we have CRAB pattern has been completed we will take short positions to the support levels as shown on the chart
Hello Traders! Thanks for comming to this idea! Please click on like button if you like my ideas, it motivates me to keep making contents for you all for free. Check out my intraday analysis on EURUSD. HOW TO TRADE MY LEVELS Please check Related Idea below. In the chart you can see Long / Short levels into which I enter directly through the limit and then I...