dreadhead4_life

dreadhead4_life

1.Looking at the 4H TF it looks like there could be more bullish momentum. If price breaks and closes above 35720 2.If price breaks 35520 it can go bearish to 35375 and if it breaks 35280 it could start a huge sell off because it would be under 200EMA 3.Or price can find support from the 200EMA and continue bullish momentum

dreadhead4_life

What do you all think? I think price will head bearish after looking at the higher time frame. It will depend on how this next daily candle will close. 1.Notice how price respects the 200EMA 2.When price is above the 200EMA the overall trend is bullish 3.If price begins to close below the 200EMA and breaks market structure to form new lower lows, the trend will...

dreadhead4_life

ADP news came out and it wasn't good. I think price is setting up for a pullback to then find support and continue bullish. We are currently in a 200 point range so anything can happen. Right now I am in favor of bears and that this will be a great scalp opportunity for sells to the downside.

dreadhead4_life

Today is a new month and price is still looking bullish. Yesterday we made new highs and price keeps respecting the EMAs for a bullish continuation. Price has already formed support in Premarket open to possibly retest the highs created from yesterday. Keep in mind that today is PMI News at 10am so Market could get wild around market open today. Be Patient and as...

dreadhead4_life

Last week price closed at a strong level of resistance. In my video from Saturday, I spoke about the current fundamental situation and how the market will need a catalyst to continue to drive price either bullish or bearish. I mentioned how price can begin to reject during the Asian & London Session (market close) to build momentum for the NYSE open. Price has...

dreadhead4_life

This is my outlook on the overall structure of the market. Looks like price can break either way and profits can be made within this range. When price eventually breaks out, the move is going to be big. A news event will most likely be the catalyst...

dreadhead4_life

If you want to try to trade the 660Point range this is an idea for the best entries...I wouldn't recommend it but its an idea...

dreadhead4_life

Price is currently in a 660-point RANGE that is too difficult to find a good entry. Looks like a level of resistance is beginning to form at 34100, but we won’t know for sure until a bearish candle has printed. Price has currently been bullish leading up to the market open, but I believe this is a potential liquidity grab. News came out regarding PCE and CPI, so...

dreadhead4_life

After the Fed announcement yesterday US30 has dropped significantly. Currently price seems to be retracing the move from yesterday. If price breaks the key levels leading up to market open there is a high chance the levels mapped out can be tested. Overall, I still believe there is more bearish momentum to come if price forms a level of resistance. I think price...

dreadhead4_life

Potential Bullish setup on the HTF for GJ. Price has been bearish, but it looks like GBPJPY is setting up for a potential reversal. If price can form support along 153.70, there is a chance that price can retest the new high that was created, or eve create a higher high to potential move towards 155.40 1. There was a strong range where price formed support. 2....

dreadhead4_life

A huge drop on Gold. It is possible that price can begin to retrace during the Asian session and London session to build up momentum to continue to the downside. Wait for a solid retracement and resistance to form. Once price begins to reject, there is a strong possibility for price to retest the lows that were created today. 1.Strong impulse Bearish candle 2....

dreadhead4_life

SO it looks like price has begun to retrace some of the bearish movement that took place all month. This is the move I was looking for yesterday but I guess today was the day. I believe price is setting up for a short term buying opportunity. BECAREFUL as the trend is still bearish overall and countertrend trading can be extremely risky. SO don't overleverage and...

dreadhead4_life

Overview: The overall bias of the market is currently bearish. We have been dropping in price for basically a whole month with red day after red day. Price has not mad any kind of retracement so today might be that day. If not, the bloodbath may continue. We will see what happens once the market opens at 9:30am. **Scenario 1: Price continues its bullish momentum...

dreadhead4_life

**Trend is still Bearish, so bears are in favor. Price might do a pullback leading up to market open and then continue bearish. Waiting for the volume to enter the markets and then my signal to enter. ***Everything becomes invalid if price breaks and closes above 34540*** 1. Last week’s low 2. Pullback during market close (aka Asian session) 3. Price has...

dreadhead4_life

Price has been bearish all month. There is a high chance that it can continue to the major level of support. Daily Candle has closed below the 200EMA which indicates that price has a higher probability of continuing its down trend. Whenever candles start printing below the 200EMA, this is usually a sign of a trend reversal. Anticipating a pull back early in the...

dreadhead4_life

The market has been bearish all week. The daily candle wicks have been filled and price keeps respecting market structure. Looks like there might be more bearish trend continuation if the lows created from yesterday are broken. If price fails to break these key levels, it can form support to then break the level of resistance and retrace the entire bearish move...

dreadhead4_life

Price is currently testing a level of support which is also where the 200 EMA. I anticipate that the market will reaction to this level and have a bullish pullback to build momentum for the NY session to retest the lows that were created during the NY session close. As long as price respects the market structure, the analysis should play out. This week the market...

dreadhead4_life

*Overall Sentiment is Bearish bc of interest rate talks. Price is currently in downtrend (Bearish) 1.Yesterday's NY session created a low 2. Resistance has formed since last two sessions, if price fails to break above 35244, it can continue bearish 3. If price breaks below 35108 and gives candle confirmation, price can retest the lows at 34990 to continue bearish...