Ripple Short Term Sell IdeaH4 - Strong bearish move.
Lower lows.
Currently it looks like a correction is happening.
Until the two key resistance zones hold my short term view remains bearish here.
Correction
DXY H4 - Long SignalDXY H4 - Starting to correct now, eyes on the 107.00 support handle. The likes of cable and XAUUSD are seeing corrections also, maybe we can get a shot at these H4 timeframe entries short for these ***USD pairs this week.
SPX: Must-know support/resistance levels for the short/mid-term!• The index is losing strength this morning, and if it loses the purple trend line in the 1h chart, this might be a sign that it wants to seek the next support level again, around 3,906;
• In order to avoid a sharper correction, SPX must react and break the 3,980 as soon as possible – however, there’s no bullish evidence to sustain this idea for now;
• The 3,906 is the key support, and if SPX loses it, the correction would persist and it could fill the last gap around 3,800 (yellow square below the price, daily chart);
• It all depends on how it’ll react in the next few hours and on how it’ll close the candlestick in the daily chart. I’ll keep you guys posted every day on this. The link to my previous analysis is below this post.
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Every time S&P 500 touches DJI a major correction startsIn December 2021 S&P 500 touched DJI. The past reveals that every time S&P 500 touches DJI a major correction starts. That happened in 1929, in 2000 and in 2008 as the following chart shows. The only thing I have to add is that it looks like we're at the beginning of the current major correction.
AUDNZD I Here's what to expect next week!
Welcome back! Let me know your thoughts in the comments!
**AUDNZD - Listen to video!
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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GBPCAD LONG TRADE Hello traders
In today's session, we are waiting for a buying opportunity
for GBPCAD
using a strategy
Price action and wave analysis
First Target the TOP
The second target is 1.27 FB
AUDCAD Local short and buy opportunity!Welcome back! Let me know your thoughts in the comments!
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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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TSLA hourly ABC correctionOrder SELL TSLA NOV 18 '22 180 Put Limit 1.00 will be automatically canceled at 20230401 01:00:00 EST
TSLA hourly ABC correction I'll be glad to own TSLA for $180
NVDA, What is most likely future path ?Mighty NVDA reacted strongly to our first proposed support and first large down going wave might have been completed.
As shown on the chart , Major down going wave from ATH to last major low can be labeled as 5 leg down 12345 with wave 4 as inverted flat ( See related idea for details). Confirmation for completion of wave A is a trade above labeled wave 4 high and in this case we are now in wave B which is a great profitable counter trend correction to the major decline from ATH.
If true , What are major resistances on the NVDA's road map?
I showed less strong static resistances with orange while more strong ones were shown by red. Red static resistances coincide with 0.382 and 0.5 retracement levels of major decline from ATH . This makes these resistances important and noticeable. Moreover, 50 and 100 weeks moving averages coincide with 0.382 retracement level which makes this resistance even stronger therefore and for now, we should consider 195 to 208 USD resistance zone as a really important strong resistance area.
Please note counter trend corrections normally have 3 legs and NVDA is still in first leg which shows NVDA still has much room to go up if we are truly in wave B. It is wise to keep in mind that before taking wave 4 out, there is chance for this rally to be just counter trend correction of what has been labeled as wave 5.
while we are very close to NVDA's earning report, stochastic indicator is in overbought zone and please note time frame of chart is weekly therefore upcoming ER has very strong impact on future path of the stock.
In this proposed scenario, entire correction of NVDA will end around 70 USD after completion of 2nd large down going wave which has been shown as possible wave C with dashed arrow on the chart. Although I showed this possibility on the chart, it is too soon to talk about it especially in detail. If necessary, we will come back and make our updates in appropriate time .
Please do not hesitate to ask questions .
Wish you success and profits.
USDCHF Correction upward following PPIWelcome back! Let me know your thoughts in the comments!
**USDCHF - Listen to video!
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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Brian & Kenya Horton, BK Forex Academy
TASI Tadawul All Shares Index
Since Covid Bottom Level, market has taken 135% Bullish Rally until May 2022.
It has taken correction up to 22%.
It may retrace from any fib level.
H&S formation is complete and correction may lead to it's target.
However, a strong horizontal support will be help retracement.
Sell to Open WTI Nov 18 2022 5 Put Limit at $0.05 (Day)Sell to Open WTI Nov 18 2022 5 Put Limit at $0.05 (Day)
End of the correction
AUDUSD It will correct downward SHORT!Welcome back! Let me know your thoughts in the comments!
**AUDUSD - Listen to video!
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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Possible rise of the cryptocurrency Galahello traders
We have a bullish motive wave and a correction. We expect to get another motive wave. If we get a break of the range with a strong candle, we can buy the targets as shown on the chart.
EURCHF I Correction and continuationWelcome back! Let me know your thoughts in the comments!
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DE daily bearish hammer not too late for an entryDE daily bearish hammer not too late for an entry gotta be quick before earnings
EURUSD I It will correct downward from resistance zone Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
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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USDCAD 11 november 2022 - updateUSDCAD, like I predicted, is looking to test 200EMA and 1.31 area. Finally!
It will take a little bit of time until it goes back to Oct highs.
How far will EURUSD continueDuring the news yesterday, we had weak USD and a sharp rise on EURUSD.
It looks like this move will continue but you should not forget the Daily chart!
EURUSD is in a downtrend and this upside move could come to an end very soon!
The next level where we should see some reaction is 1,0284.
