Index
¡¡Lots of liquidity below and bulls waiting for a big drop!!Hello crypto community! The bullish outlook is present after the monthly close above 28k. The healthiest thing for the price and the movement itself is to retest the level between 24.5k and 26k as support to find the necessary liquidity to break through 28.8k and go in search of the 34k target. Although the price remains above 28k with some spikes below, we see a clear bearish divergence on the daily chart which is totally normal after the rise from 19.5k. Level representing the shoulder of a bullish reversal HCH. At some point, the price is going to have a strong fall and it will find a lot of liquidity that will create a strike in the daily candle. It is only a matter of being attentive and patient for this movement to occur and not be tempted by market noise when the price is lateralizing. This is not investment advice, good trades and profits!!
SPY S&P 500 etf Head and Shoulders Chart Pattern. Options to BuyIt looks like a Head and Shoulders Chart Pattern is forming in the chart of SPY S&P 500 etf.
Because I believe we are about to see SPY trading at the neckline of the H&S, I`m considering the following puts:
2023-5-19 expiration date;
$389 strike price;
$4.10 premium to pay.
Looking forward to read your opinion about it!
DXY: Will Start Growing! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
❤️ Please, support our work with like & comment! ❤️
DXY Double Bottom And Breakout! Buy!
Hello,Traders!
DXY was going down
But the index has established a
Double bottom pattern which is
Also a support at around 102.081
And the broke the falling resistance
So these two bullish signals
Make me expect a move up
Towards the target above
At the 103.109 level
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
US500: Will Keep Falling! Here is Why:
Looking at the chart of US500 right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
❤️ Please, support our work with like & comment! ❤️
CAC to stall at previous support?FRA40 - 24h expiry - We look to Sell at 7200 (stop at 7300)
Previous support located at 7050.
Previous resistance located at 7150.
Price action has stalled at good resistance levels and currently trades just below here (7150).
Risk/Reward would be poor to call a sell from current levels.
A move through 7050 will confirm the bearish momentum.
Our profit targets will be 6950 and 6900
Resistance: 7150 / 7200 / 7300
Support: 7050 / 7000 / 6950
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Nasdaq go DownIn my opinion, given the slowness with which it fails to break through area 12850 and given the situation of bank deterioration, in my opinion there is a good chance of seeing the Nasdaq go down to a minimum of area of 9,900 points. This, by the way, is a Fibonacci extension level that starts from the highs of January 2022 until the lows of October 2022 and then the other leg goes up to 38.2% which is nothing more than the recovery started in November until February. If the Nasdaq doesn't break up around 12850.. the chances of going very low are high. Conversely, only a quick upward breakthrough of the aforementioned area will be able to indicate in the 13600 area.
US100: Short Trading Opportunity
US100
- Classic bearish pattern
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Short US100
Entry - 12716.0
Stop -12920.8
Take - 12407.2
Our Risk - 1%
Start protection of your profits from higher levels.
❤️ Please, support our work with like & comment! ❤️
SPY S&P 500 ETF Put OptionsI think SPY is nicely following the path to reach $348 by mid-2023 to form a Double Bottom pattern:
My choice for puts is as follows:
2023-4-21 expiration date
$375 strike price
$2.79 premium.
I plan to exit fast, won`t hold until expiration.
Looking forward to read your opinion about it.
Watchlists of SPX Sector ComponentsUse RSC indicator to spot strong stocks in related sector.
Useful watchlists of SPX sector components:
AMEX:XRT : www.tradingview.com
AMEX:XLY : www.tradingview.com
AMEX:XLV : www.tradingview.com
AMEX:XLU : www.tradingview.com
AMEX:XLRE : www.tradingview.com
AMEX:XLP : www.tradingview.com
AMEX:XLK : www.tradingview.com
AMEX:XLI : www.tradingview.com
AMEX:XLF : www.tradingview.com
AMEX:XLE : www.tradingview.com
AMEX:XLC : www.tradingview.com
AMEX:XLB : www.tradingview.com
US30: Long Signal Explained
US30
- Classic bullish setup
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Long US30
Entry Point - 32282
Stop Loss - 31912
Take Profit - 32834
Our Risk - 1%
❤️ Please, support our work with like & comment! ❤️
SPX500 | Short IdeaI see a significant pattern setting up for more downside on this index.
- engulfing candle patterns at major daily 200 EMAs
- PA below the 200 EMA on the daily
- a flag (bearish) pattern has been completed
- layering on the fundamentals of gold/silver and even bitcoin being purchased over more "risky" stocks - especially this banking fiasco.
2.3 : 1
1% risk - Happy Trading!
Stock Market March 23' ⚔️ Long Vs. Short Well , just as any other chart, we must keep things simple. Price has made a new Low after Ranging for 120 days/4 Months. There is Liquidity Built up in the market. If we maintain bearish momentum then we will see 31,198 very soon. Price is testing 32,082 at the moment. We may return to the low from OCT 22' due to clean traffic on the weekly timeframe and plenty of fundamental reasons to be concerned about. 32,082 must hold for bulls or we are falling off a cliff here.