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Keylevel

GBPJPY I Short-term plan before FOMCWelcome back! Let me know your thoughts in the comments! **GBPJPY - 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! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
7
EURJPY Short from resistance - +200 pip potentialWelcome back! Let me know your thoughts in the comments! **EURJPY - 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! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
8
BNB Key Level To Watch - Will There Be A Strong BREAKOUT?On the chart, BNB has touched the trendline 5 times, turning it into a very strong trendline. However, at this 6th time, the price seems to have breakout. If this very strong trendline is broken, perhaps the crypto winter will last for a long time - as Binance exchange as well as CZ have a huge influence on the market. In another view with positive signal, BNB is one of the rare top tokens with automatic token burning and is a token that deflates over time. This is key level to watch carefully! It could very well be an early signal for the whole market to enter a winter of accumulation, depressing the whole traders and holders (when the money flow has not poured in, the Fed's interest rates remain at the high rate as they say they will be, stay high through 2023 extending to 2024).
by BuyDinhSellDay
2
Dow Jones Industrial not looking goodDJI = Dow Jones Industrial is not looking good. 200MA, 200EMA (which has worked as support before) and key level ~29 700 was tested and turned to resistance like it is seen on the graph. Next target ~26 800 and if that gets broken ~23 000. IF history repeats itself, then we might go test the 18 200 levels which happened last time 200MA turned to resistance ( 2008 ) This analysis is invalid if we break ~29 700-30 000 and get on top of the EMAs When Fed pivots and start to print money again the markets will turn, and the markets are probably going to sniff that before it actually happens. I think it's sooner than we expect. -Jebu
TVC:DJIShort
by PalenTrade
3
$F | Bounce En route? 🚗With Ford reaching support zone levels (as well as key value level) not seen since June and February as well as extreme oversold levels, this may be the call for a reversal here upcoming. I am keeping my eye on this and waiting for a confirmation candle to signify change of sentiment as the bottom band on the bollinger band has been broken. The market itself, is in shambles but certain stocks sometimes revert to their "own" ways vs. what the rest of the market is doing. We will see if $F will make a move here. 👀
NYSE:F
by CryptoHotep
ASO Playing a Bounce off SupportAcademy Spots & Outdoors, a wonderful long time company that has been around years, and more recently on the market is fundamentally bringing in more gross revenue and profits every quarter. Fundamentally, this company is an A+ and is coming in with a 5.5 P/E Ratio. Technicals Wise, we are seeing ASO bounce off a very strong Triple Support Level. This is a super strong piece of support, and is seeing lots of buyers coming in to ASO at this Level. ASO has also been in a bullish wedge formation, and is attempting a break up here off this bounce. Retail has been sold off entirely through the past few months, and is starting to shape a reversal. Ways to play : Shares Apr. 14 $40c or $45c Many other ways too. I strongly believe this is a great LT and or Swing entry to ASO.
NASDAQ:ASOLong
by ZachSap
[Weekly forecast] - Dollar index1. The big picture What we can see on big picture now is " Buying pressure is being absorbed quite clearly" 2.The confirmation First of all, the confirmation was show by breaking H1's Key level to change the trend from up movment to down movement in H1 timeframe. It is the first confirmation for the pullback of DXY can run down more. But, now market has come to H4's up trend key level. This down cycle maybe held here? What is our next plan? 3. Next plan Combine Smart Money Concepts - Key level strategy together , what we can expect now will be : - Case #1, market will go up to H1 down supply zone to collect more power to break out H4 Key level. - Case #2, we will wait to sell at POI zone of Smart Money stream. With the power from Big boys, it is easier and more safety to break out H4 key level to start the down trend as we discussed on the big story. Target will be the strong demand zone as we can see on the chart. Note : These plans will be removed if market has valid break out POI zone. Always wait the confirmation at the core zone to sell. As my view, Case #2 will be our main case that we should follow.
TVC:DXY
by Jayce_Pham
2