Analysis: Looking at the technicals on Copper we can see a clear downwards trend. Price is forming lower lows and lower highs which confirms that we are in a downwards trend. Price has also been respecting a downwards trendline which again shows us that we are in a downwards trend. We're currently sat at an area that we're interested in as price has held this...
Analysis: Price has been in this downwards trend for a while now and we're expecting this to continue. Price has been forming a series of lower highs and lower lows which confirms our thesis that price is trending to the downside. Recently we saw price break below a key level of support and we're now seeing that same level get retested for resistance and we...
hello guys, chfjpy to the long. everybody knows is jpy too weakness long time. we can go to the entry in 15tf, but in daily too. risk 2% Jindrich.
Expecting a swing downward. I'm dislplayed on this 30m chart all passible bearish correlations. No doubt about the price action ahead. Daily overbought condition. I'm expecting sell-off.
BAJAJ_AUTO Looks Weak - Weak Auto Sector - Weak Nifty
$SPY is so far chopping sideways without true direction. However, the lack of continuation from recent gap ups is a major sign of weakness. Personally, I'd like more upside to take a brief yet lucrative short position but overall I'm expecting a near-term move to the 390 mark.
hello everyone Greetings from team (Trading the tides ) we are looking for a sell short position on btc from 17000 and dca till 18000 our profit target area will be around 14500-12000 . See u soon .
Looking for a new lower low, to continue the decline of GBPJPY There is a massive imbalance that the market will look to fill and that ties in nicely with the target for today. A risk of 1:2 on every trade means we don't need to even get 50% correct and still come out on top.
The pound had rallied against the Aussie for a while. But then we went into a large consolidation pattern. This looks to have fake'breaked to the upside and now is making moves lower. We could get a continuation pattern at a break of this morning's lows. The best thing to do would be to overlay a Wyckoff schematic and see if it could be the end of a distribution period.
If the US dollar can continue to strengthen, then we should be looking for further weakness in the pound and other major dollar crosses
The Nasdaq has been in a downtrend for the whole of 2022, moving in a trend line. NQ reaches the moving average and if the market breaks it with a huge volume, the downtrend will continue to move below. Be ready to take short positions
Recently GLD has followed a set of movements which have an uncanny resemblance to what happened in 2021. The last time this set of movements happened, it was bullish and returned around 13% in a month. This is combined with a strong support level at ~$158, a bullish inverted hammer on the previous bar, and two recent doji stars, which indicate that the downtrend...
with earningss in one more trading day. MACD is in oversold territory while the RSI is showing relative weakness. I will watch this the day before earnings, Any accumulation or a volume surge will be my entry signal to buy the earnings play.
The more touches at supply made the zone weak, it had to be liquidated at some point. Now that we have successfully liquidated the supply sellers with compression delivery, we may see a continued sell-off. I will be locating a sell with my team later in the day depending on the rejection.
What the market is presenting: Neckline kiss setup Daily view shows one year distribution pattern Weekly view shows massive double top pattern You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas
Do you hear nothing that I say. But moving a single stock around is one thing, moving the entire market is totally different. No, No Different, Only in your mind. You Must Un-Learn what you have learned. Alright, I'll give it a try No, Try Not. Do, Or Do Not. There is no Try I Can't. The Market is too Big. Size Matters Not. Judge me by my size do...
GBPUSD Intraday - We look to Sell at 1.2350 (stop at 1.2415) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
As the title says, when the chart is flipped a fractal from the smaller bearflag (the smaller falling wedge in this image) is forming as a part of the, soon to be, greater bearflag. The target for this flag is around 10k.