im really not worriedwere down a little more than .5% after this jobs report, and im looking at it as a non event mostly. its not the feds job to make wages go up or unemployment down. they are a lender and a monetary policy monitor/executive. i dont believe were still flying high the way we have been, were overdue for a pullback, but im still bullish treating this resistance as pivot. if we stay above it im looking higher, and looking to buy on dips if we sink more.
Continuation
what would a turnaround in tsla look likeim using the same lines i did when i was short. im just switching directions. this is a companion post to related idea. all ma and oscillators are also bullish here, leading to the conjecture continuation is likely along trend lines and the following swing based strategy using these support and resistance is feasable.
lets talk about a broader turn around in technologytechnology has led the market down. semiconductors have led technology. this stock has exhibited particular rate of change and other bullish volume based oscillations. bil williams ma, vwma, ema, trama as well as displaced ma are also bullish along trend lines. this leads me to a swing vased strat for continuation following the concordant supports, resistances and resulting ghost feed. this goes for stock like NVDA, and the broader market too. i am selling as spx approached 4035-4037, and i am hedging on pullbacks in taiwan semiconductor by buying SOXS and scalping for a few pennies at a time. im long the broader market with TQQQ on breaks of resistance or support on daily higher lows.
US30 going upUS30 is setting up for a buy, been buying for the past few days, We have broken above the consolidation flag pattern. I think that when the current 1hr stick closes bullish, we could see more buys. The current setup show a retest for the continuation of the uptrend
DXY Bearish ContinuationHEY TRADERS:
DXY trade criteria:
WHAT ARE WE EXPECTING:"
i'm expecting a continuation correction which is forming now after that it likely going to be the next bearish impulse down
HOW DO WE ENTER:
wait for continuation correction to complete and for entry on the break below correction
OUR STOP LOSS LEVEL:
above bearish continuation correction
POSSIBLE TARGET:
low zone
THANKS FOR READING
AS ALWAYS TRADE SAFE AND STAY SAFE!!!!
EURAUD 4HR/1HR - PULLBACK & STRUCTURE TRADEIn today's video we're taking a look at a trend continuation trade on the EURAUD that is more similar to a countertrend trade. I'll take you through the top down analysis as well as walk you through different entry & exit techniques that you can take.
Hope you guys have a great week of trading & as always if you have any questions or comments, please leave them below.
Akil
MSFT continuation wedge (bearish)This is a Continuation Wedge Pattern, Medium-term Bearish. The inbound duration took about 64 days.
the expected pattern duration *from the break of the wedge*, is roughly 22 days. with a target price anywhere around that 200 area. say 199 - 207
i dont want to keep boring you soo, i hoped you enjoyed this, and if you did could you kindly smash like!
Happy Christmas and hope have a wonderful new year. thanks for reading. thats all from me, Happy Trading my friends.
APPL APPLE BEARISH DIAMOND CONT.It appears to me that a bearish diamond pattern is coming to an end - based on the qqq's direction and the overall sentiment on the direction of the entire market I would wager that its going to eventually (soon) break the lower purple line (140.15) which represents a heavy volume/price area. As you can see that level has been an area of strong adherance throughout the entire diamon thus far. It is possible that the pattern will make one more small push to the upside towards the $145 level however that pop should be short lived.
Overall PT 1 is $135.64
PT 2 - 131.04
Both the 1/20/23 $140 PUT strike as well as the 2/17/23 $140 put strike have heavy open interest and look like a safe bet with plenty of time. However I do think the trade can be exited for profits well before those expirations.
AUDCAD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for AUDCAD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
EURJPY I Next move and how to trade itWelcome back! Let me know your thoughts in the comments!
**EURJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!