US30 - 28th to New month - NFP WEEK! Good Day mates
Happy new week - even though its already Wednesday. Time away from the charts is always a good thing.
This week we have major US news
- Previous week liquidity all taken
- Liquidity Gaps created
- Bullish price action
- Breaking previous highs
Last week the 4hr flip zone (34679)
held strong. Price respected this zone very much. Price kept sweeping sellside liquidity.
im expecting price to push higher until Friday, we will see corrections as noted with the gaps however i strongly believe that a seek and destroy profile is on the cards this week
Good Luck ! Trade safe and follow your rules
Bullmomentum
AAPL: Time to buy!Today, AAPL just released its newest Q3 earnings report, beating both expectations for earnings and revenue. The company reported 1.29 earnings per share, compared to the prediction of 1.269 by analysts, and reported 90.14 Bil of revenue, beating expectations of 88.74 Bil. Although there was less growth in IPhone sales, all other aspects of the company look quite optimistic. In the face of a wave of earnings compression, Apple is doing surprising well. Now, I consider myself to be an investor and not a trader, but in order to fine-tune my entry, technicals are needed. As Apple's stock price just hit support at ~$145, boosted by positive earnings, we could see a buying wave in the next few months or so.
Boost this idea for it to reach other investors!
USDJPY LongUSDJPY L Trade Ideas
ALOHA Traders!
The market is showing some nice setups to end the month of SEP brining in some nice momentum going into OCT and beyond. Here is one of my ideas of what I’m thinking price can do.
1. USDJPY L (not in this position)
D - After a double bottom on the lower trend line of a range, price spiked up and has room to breath. A long term hold for the bull-run to the upside could take months (the market does not move perfectly).
4HR - Bullish momentum and broken above 50 EMA, now price is just correcting before continuing upward.
1 HR - A correction occurring at the top of a Rising Wedge. Price is at a key area where price can squeeze to the upside, or reverse into the downside to near 104.00
15Min - Similar to 1HR note. Squeezing and will move soon.
As always, price can absolutely do some crazy, whip shaw shenanigans and nothing is ever a guarantee in the market until it actually happens.
SL set at 36 pips.
Target: top of range @ 106 level.