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Candlestick analysis

Nasdaq-100 Index Mark UpNasdaq-100's Monthly & weekly analysis from a daily perspective. You have a zone ($11703-$12439) that formed at the high end of the curve and an even bigger one at the low end so there's a huge range of opportunities to be taken advantage of in this particular market. It wouldn't surprise me to see some upward movement into the zone up top before price action start the process of breaking down which would be my ideal area for short opportunities. I would only look to long IF (or when) there's a B.A.R of the $12439 level, and I would go to the HTFs in order to see what's the next potential barrier so the TP could be set before that barrier is reached. You can also look at the break of that diagonal support as a precursor for what's to come in the near future. Also, if my analysis help YOU in any way, shape or form then please consider donating to the cause. It's appreciated.
TVC:NDQ
by ChrisJTradesFX
2
Dow Jones Index Mark UpMonthly & weekly analysis from a daily perspective. It's extremely important to understand market structure in order to be on the right side while trading. Even though current market conditions is in the bear's favor, I'm bullish on DJI due to it's bullish structure from the higher time frames. Considering that my levels are HTF based, if scaled down you should be able to locate good entry points for short orders. I would look for continuation levels that's in correlation to this market's current conditions. I would look for bullish opportunities after price action has reached the continuation zone ($22789-$24300). It's obviously a big zone, but that's the area where I would look for the reversal to take place in bull's favor to head further up. We shall see.. Also, if my analysis help YOU in any way, shape or form then please consider donating to the cause. It's appreciated.
U
by ChrisJTradesFX
USDJPY-Weekly Market Analysis-Sep20,Wk5A trade that it's target 2 gives a 7R, which means every $1 I risked for this trade, my projected returns are $7. If you were in my position, how much will you be trading? You can check out at the link on my TradingView, that trade I've already got my stop loss 5pips above my entry price, in short, there will be no downside to that trade but when it hit the final target of that trade it gives 7x profit of my initial risk. At this moment, the market did break and close above the previous resistance, retest it and treat it as a support. If there's a buying opportunity I may engage addition position to long this pair as a trend trading trade on the 1-hourly chart but a trend reversal trade based on the daily chart.
Long
by RaynLim
Price reversal and breakout Long Idea USDDKKPrice has been in a long downtrend and finally hit a key weekly level. Price began to range and form a head and shoulders reversal pattern. Heat map indicates that we are looking for buys along with the recent strength of the USD. The Danish Krone is also pretty weak compared to the recently bullish dollar and is starting to sell off around its key level. The MACD is also showing strong momentum. Candlesticks indicate bullish price action along with 3 white soliders. Lastly, although I didn't bother to draw it, the previous rally retested at the 61.8% fib level. This is a crap TON of confluence! All of this points to a strong buy on this pair. We have to 2 entry options. We can buy on the breakout with a stop below the previous low or we can wait for a pullback to support after the breakout (my preference) if that occurs. Either way, it should be an explosive move. Good luck! Happy Trading.
Long
by BluePipSquad