Some advanced economy stock markets from early Sep moving downCertain advanced economy equity markets clearly losing momentum, and could be curving down: Germany's DAX, Canada's TSX, South Korea's KOSPI.
Down
Ready to collapse!The qqq it's been in an insane uptrend doing a resemblance to the bubble back then in 2000 with the hype of the internet, hopefully the story doesn't repeat but this scenario combined with the novel covid-19 makes me have some concerns about a not too far recession.
BTC Likely going downI think BTC is going to take a bearish turn headed towards the main support. Overall the trend keeps being bullish but the market really needs a reset. RSI shows an overbought figure and a H&S pattern is forming on the top, meaning a diversion from the current motion is coming.
I can see three main target prices in the fall that might work as a mid term support. TP3 being the last one and if that breaks, the main bullish trend is broken and we'll probably face a change of direction of the main trend.
***Not a financial advice of any sort. Merely my idea for information and educational purposes only***
turbo long!80% long trade 20% shorts, eth & btc, stop loss below supp, take profit next potential leg up and re-enter same trade after 10 min chart bottom, the stair pattern will end at some point short term but on 10d timeframe its giga bullish
US30 BEARISHNot looking for price to break this level here, with my .01 position open my SL is at the top and would roughly cost me $250. A win to TP would be $500
On Friday El President came out and said he and his wife has the COVID. Market has opened and thankfully gapped up. I am expecting price to drop. I have been expecting price to return to November 2016 the week of the election where price gapped up which should allow for better selling opportunities. Fundamentally speaking I don't see why price opened up and not down, but that's ok. I am expecting Trump to tweet something which will begin to drop price.
For me risk management is key here. I am only dropping .01 lots as my goal is to swing. One lot open, and I will watch how the market moves before opening up another trade. Maybe I get in at a high price, which lowers my risk, or I wait for confirmation that price is indeed bearish. One or the other will happen.
This is the only US anything I will be trading moving forward.
Clear GBPAUD Sell IdeaHello Guys!
I see a nice downward movement for the pair and I am considering entry after confirmation. Looks like a good idea.
Consider your own goals and analysis before considering the suitability for this trade and trade on your own risk.
Please give me a like if you liked the idea and share your comments below.
Happy Trading Day!
Note: this is NOT to be taken as any kind of financial advice and it represents merely the opinion of its author. Past performance does not guarantee future movement. Please Be aware and wish you good.
MSFT IDEA. *JUST FOR FUN*I was just drawing a few lines and got some ideas. What does everyone else think? There is no wrong answer until its wrong so speculation is not limited. Just having some fun.
My opinion, is guess 2 or 3. RSI low and MACD made the cross in after hours on the 15min. so we will see.
Good Trading.
SELL Hi dear traders.
Here we have Eur/Usd pair which I think is going for a fresh downtrend move which you can see it in my analyse candles are touching the resistance are of the old channel im going to set a SELL for this pair.
please inform me if you have any idea about this analyse
Good luck
ES SPY shortA drop seems inbound.
I could be wrong so please do you own DD. very good RR at this point.
⬇️ We are short! The EUR/GBP manages to reach a lower low. 📉 🐻
We are already short since the beginning of August; however, it might not be too late to jump on the moving train! Short with stops above the previous highs might be a good idea. We see the downward move continuing. Target is as always our yellow box, where we expect a reversal. Nevertheless, we have to watch out for the 0.87 GBP area as there is strong support in form of the 61.8% resistance line. After completing wave (2) in white, we expect a strong upward move, if the scenario pans out as depicted.
Feel free to comment and discuss!
Happy trading!
USDCADPrice made a clear rejection at the daily basis at this supply zone. We can see a possible bearish daily candle down today at least for around 55 pips.
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Go long now in the trading range or go long in the demand zone if the consolidation break-down happens.
SPX market crash DOWN is coming soonI see the opportunity to sell SPX
This is the best time to get best reward
HUGE
The opportunity is super huge
Trade correct and get rich
If you like my signal please help to like and follow
Thanks
dowjonesHello traders, here is the analysis from our team :
sell:27517
TP@; 27507
TARGET: 27467
stop: 27567
we take money management from
27507 as profit area on up.
Let us know in the comment section below if you have any questions.😉
NZDJPY
Since last week im been waiting for a dropp on NZDUSD and NZDJPY
The price is in a strong bearish moment right now and we got a small break at the trend line and my supply zone.
Will be a good oportunity for today plus tomorrow is become a bit slow 👌📉⏳
#Bitcoin red or green?i think we will BART up to fill the gap on CME before heading down
however this also looks like a possible bear pennant LOL!!
⚠️⚠️⚠️ BITCOIN 🧭 Multi-Timeframe Outlook w/ 15m Support💬 Bitcoin still looks strong despite being rejected pretty hard at $12k. Let's take a look at some key levels for Bitcoin to see what's next for the king of crypto.
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Support:
S1: The S/R flip here is a valid support level, and there is a lot of support below this level as well. However, the bulls will be much better off focusing on breaching resistance than they will retesting support to at best form a new range and at worst risk a breakdown.
Resistance:
R1: This orderblock range acted as resistance on the move up and it is our first point of resistance here as well. This is until we have broken above it with conviction, an S/R flip of this would be nice to prove that we have more buyers looking to accumulate.
R2: A move up past R1 to R2, with consolidation between R1 and R2, would also be ideal for the bulls. The market structure created by this as opposed to a retest of S1 is far more ideal.
R3: The orderblock range at the previous high is surely going to provide some resistance if and when Bitcoin makes it this far.
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Multi timeframe:
15m BTC Resistance:
S1: This orderblock range is where we are looking for support in the here-and-now. We have already put in some higher lows, what we expect is a move similar to the ABC on the chart which could include for example a retest of the lower range which leads to the previous high. This is the sort of price action that could lead us to a break of R1.
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Summary:
What the bulls need is to break past R1 and leave all those previous ranges behind to show they have what it takes to keep going. Good luck bulls!
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