similar to my nas100 analysis, us30 has been in an uptrend but on here the downward trendline has not been broken but my bias is still strongly bullish with the possibility of a bearish move 1. firstly i'll be waiting for a break and close above the trendline to go long 2. or a break below the previous higher low point to go short 3. but there's a correlation...
nasdaq has been in an uptrend for just over a month now so the chances of it continuing with this trend are highly likely and as seen by my analysis... 1. on the daily it broke above the downward trendline 2. market retested both the trendline and broken resistance on friday 3. entries can be taken if prices comes back down to the support level or if it breaks...
here we go! the reasons behind my bearish bias are as follows: 1. on monday we tested a key market level which is our current resistance level and closed bearish with bearish momentum as seen by the wick on top of the candlestick 2. market came and tested the downward trendline and closed below the trendline 3. on lower timeframes a head and shoulder pattern...
so... 1. on the daily we closed respecting the major level of support which is now our resistance 2. the third touch of the downward trendline was a bearish engulfing on the H1 3. market is making a series of lower lows ad lower highs 4. entry was at the breakout of the counter trendline and sitting at a 1:4 risk reward 5. market could close above the counter...
lets get straight into it... 1. on the daily we are bearish as seen by the lower highs and lower lows 2. the large bodies of bearish candlesticks show a huge amount of momentum 3. market brokeout of the upward trendline 4. currently market is retesting both the broken support level and trendline and shows huge rejection as seen by the long wick 5. expecting...
so this is just an update of the analysis i published two days ago, the clear-off on the daily seemed like a breakout to me but now i know to always wait for a significant close above or below to confirm a breakout. but my analysis is as follows : 1. we are at a monthly level of support 2. market closed above an upward trendline from the weekly timeframe 3. a...
hope you lot are blessed and are having a great day where ever you are! so my current take on nas100 is as follows : 1. about two weeks back we broke through the neckline of the daily double bottom and we have been in a range for the whole of last week as seen by the rectangle 2. at yesterdays new york open the market showed signs of being strongly bearish...
good morning you lot hope you guys have a profitable trading week! my expectations on nasdaq for this week are to go long on it and my reasons are as follows 1. we formed a double bottom and broke it's neckline on the daily timeframe 2. there was a breakout of a downward trendline also on the daily timeframe 3. market has formed a new higher high and broke through...
i come bearing pips for you guys and here's how you can get them, buy going long on nas100 for the short term because the trend on the higher time frames is down. so my observations are as follows: 1. market broke out an upward trendline on the weekly and monthy timeframe 2. market sold till a major support zone on the daily, monthly and weekly 3. as the new low...
first and foremost ALL PRAISE TO THE MOST HIGH! i'm highly blessed to be working in the worlds biggest market and have this skill at my disposal so then on NAS100: 1. we are in a down trend as seen by the LOWER LOWS AND HIGHS 2. looking for price to retest the broken inner support level at the open of the new week 3. then i will look for short trade entries...
1. we are in an UPTREND on HIGHER TIMEFRAMES 2. price BROKE a level of RESISTANCE and then OBEYED a MAJOR LEVEL of resistance and when to RETEST the BROKEN LEVEL 3. looking to go LONG on the DE30 on the formation of a DOUBLE BOTTOM at that current ZONE/SUPPORT till price reaches that RESISTANCE 4. share your inputs my fellow successful traders, God bless! :)
1. overall we are in an UPTREND, because of the HIGHER HIGHS and HIGHER LOWS 2. but now we are at a level of RESISTANCE, on the M30 there were 4 REJECTIONS and a LOWER HIGH was formed afterwards 3. at the current market price, a DOUBLE TOP has formed so I am taking trades which i will not hold for a long period of time or until 35061 4. i stand to be corrected,...
1. so first things first we are in an UPTREND because of the series of HIGHER HIGHS and HIGHER LOWS 2. a level of RESISTANCE was BROKEN and is now our SUPPORT, and market is currently RETESTING this level 3. entry will be the formation of a DOUBLE BOTTOM or INVERTED HEAD AND SHOULDERS after a CLEAR OFF/STOP HUNT 4.if my dark blue zone is broken and a LOWER HIGH...
what's good traders!! i've not been publishing ideas for time now and the past week or two i have not been as active as i meant to be but it was just a phase where i needed to take a step back and do some introspection and draw closer to God. God really has big things in store for every single one of us i mean literally everyone even the non believers. My message...
so what we have here is : 1. after the rejection of the monthly/weekly/daily support level we are making higher highs and higher lows 2. to enter this lovely move to the upside we wait for a break of the H1 downward trendline 3. hop onto the M5 for entry and enter on a confirmation candlestick during a retest stay blessed love, koki
so what we have here is simple: 1. market is at a major support level 2. just made a 3rd touch on an upward trendline so soon as market opens just open as many buys as you can lads and you ladies of course ;)
oi mate let us have a great week innit? : so what have here is... 1. price respected a major level of resistance 2. after doing so it consolidated for a period of time 3. today it broke below the consolidation phase and formed a LOWER HIGH 4. it is currently retesting so perfect time for entries, i'll be expecting pries to sell till the upward trendline
OK!!! nice setup over here 1. 3rd touch on the upward trendline 2. retest of a broken level of resistance which is now support 3. YENBASKET still bearish