Breakandretest
EURJPY Break & Retest Structure SHORT!Welcome back! Here's an analysis of this pair!
**EURJPY broke daily structure and now the pair is retesting previous broken support which will become resistance. Price is also rejecting off the 50 MA. SHORT! Targets 133.98, 133. 64, 132.95
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Triangle RetestHere is A Triangle Retesting on The Daily for Gold. Found this by doing a TOP DOWN ANALYSIS From the Monthly to The daily Time-frame. The Best Course of action would be to wait for the retest before entering for The Buy. Always Better to Be patient and make wise entries. Like comment and follow! ;)
trade idea on TSLA NASDAQ:TSLA
TSLA sold off 9.24% today.... insane if you took that short from open. My risk to reward here is to the upside only because we sold off that much.
Here is im going to play it:
I see a break and retest pattern
tesla is sitting at a demand zone
but the trend is bearish
If we open strong ill take it long to take profit at the retest while scaling out at the supply zones.
If we open weak ill wait for it to find a retracement to short and target is the next demand zone.
NQ is sitting below the channel and at demand. So if NQ got a relief bounce my TSLA analysis will hit my long position or maybe it may go higher to hit POC
SIMPLE MARKET ANALYSIS20 hours ago
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions or suggestions. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please adhere to good risk management. Also like, follow and cheer, thank you...
US30 AnalysisUS30 looks like the bullish trend will continue. Price has broken and closed above resistance with multiple candles as confirmation. If price begins to pullback and form support along the previous level of resistance, we can expect for the bullish trend to continue. Since we are currently at midday, you can anticipate for this move to happen towards the market close when more volume enters the market. If price fails to form support and begins to close back into the bearish channel, the bullish setup will no longer be valid, and this bullish move would be considered a fakeout. Waiting for volume to re-enter the market (market close) before considering another entry.
1. Price broke and closed above with consecutive candles outside of the downward channel
2. The EMAs have crossed over which indicates bullish strength
3. If price forms support and rejects the trendline, it can continue bullish to retest the high created.