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Election

XAUUSD PERFECT SHORT POSITION Hi As you can see in the chart, we are forming a bearish flag and a rising wedge at the same time. We are close to the election, and this is a precarious position .please consider slippage. Zoom out and see the bigger picture. There is also a tiny hidden bearish divergence on RSI. This has a perfect risk to reward setup. What am I missing? ---------------------------------------------------------------- What is your opinion? Comment it below. If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too. Goodluck.
OANDA:XAUUSDShort
by Crypto_MD
8
ANALYSIS ON EURUSDHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price broke from its trendline and went down till its support. As per our analysis it will retrace. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
Long
by Ryan_lopes
Zoom 8h Chart 11/2 Head & Shoulders May Have Bottomed@cptWORLD Gave some great insight on zoom so I went back to review and adjust accordingly at the the end of the day. The bears failed today which I wasn't expecting until the last green trendline. This made me adjust my buy zone up slightly to 430-455. However, we need to see tomorrow and over the next few days how price reacts to this trend. Right now we are looking good for a bounce back up. I've switched from short-term bearish to neutral. I'll be watching this closely as more lockdowns and stay-at-home orders are announced. NASDAQ:ZM
NASDAQ:ZM
by jakelikesstocks
5
SP500 DOUBLE BOTTOM: POSSIBLE SHORT TERM HIKE AHEADThe SP500 seems to have completed a classical bullish pattern, the double bottom. We might have a few sideway days ahead with the elections coming up, but after that I expect the SP500 to rise again. A conservative approach would be to wait for an entry till next week. After arriving at the area of resistance, consider taking some profits since the SP500 might form a triple top. In case of new all-time-highs, consider an entry from there on. By that time we would be closer to January/February, with high chances of a COVID cure to be found around that time, giving a major boost to investors' confidence in the economy.
TVC:SPXLong
by FieryTrading
2
Zoom 1hr Chart | Heavily Bearish, No Long Positions AvailableChart Summary: The bulls did the best they could to hold the main bull trendline on the head of the head and shoulders. After that the bears feasted and heavily and broke through 3 trendlines with relative ease. We are now working on the 4th trendline which I do expect us to break through with similar velocity. If bearish momentum declines significantly, my buy zone could be potentially raised to the last trendline which would be around the 430-475 level, depending on when we are test it. This was a chart requested and I am not recommending taking any position on this stock. We have a long way to go down before we really start looking at buying opportunities. We have never filled or tested the GAP up from last earnings but it's unclear to me if we will. However I think it's likely we drop down to the redzone with similar velocity we have been having. I do expect a lot of choppiness and depending on what's going on with politics and lockdowns, we could see a lot of bullish velocity from here and recapturing of some bullish trendlines I'd love feedback on this chart from the community. I love recommendations and discussing possiblities.
NASDAQ:ZM
by jakelikesstocks
8