LH
Recession 2023. we hit 1 of the 2 biggest resistance.Recession 2023. we hit 1 of the 2 biggest resistance. The recession is two waves.
There are so many facts why we will crash. The dollar needs to get back to dollar dominance with a big deflation. we have no area to grow from here.
We need to reset of rates and inflation back below zero
AUDJPY | About to start a new bearish movement
AUDJPY is still within a descending channel and reached a level to either breakout the channel or stay within it and start a new bearish movement...I'm personally bearish but i will wait for confirmation on the 94.600 level before opening short positions.
Share your opinion in the comments and support the idea with like.
🚀🚀 EUR/USD - SHORTPlease Like, Share & Comment on my post.
I am looking for potential short on EUR/USD
Price has now BOS on the 1hr timeframe and is also creating LH's and LL's, there is a shift in market structure.
78.60% is a key level for entry which resistance at this level.
Happy Trading Traders.
EURUSD: Channel Out, Buyers InOn EURUSD, a downtrend channel has been forming for many weeks, going from 1.21 to 1.15 (lowest level reached) making thus on its way LL and LH.
However, price can still break outside the channel, and we will be looking for buy setups around the support after a serious break of the previous high.
Best way to enter is to wait for the right timing
Best of Luck
~ Cyril
How to read the price successfullyIn this short video, I explained how you can read the price using structural points to determine whether you want to be a buyer or a seller.
Key Points:
---------PRICE BEHAVIOUR----------
S-STR = Short Structure / A sell decision-making point
L-STR = Long Structure / A buy decision-making point
Downtrend: Series of LH & LL
Uptrend: Series of HL & HH
Lufthansa could leave the DAX on 4 June The corona virus has hit the aviation industry hard because the outbreak of the pandemic was unforeseeable. Lufthansa is at the bottom of the DAX when it comes to the share price development since the beginning of the year. The founding member of Germany's leading index has already lost more than 50 % of its value and could leave the first stock exchange league on the review date of the DAX on June 4, leading to a spectacular change in the DAX. When it comes to state aid, the German bureaucracy is again reaching its limits and delaying the measure, thus also damaging the LH.
One can ask oneself why it takes longer for Lufthansa with the state aid than for its neighbours? AirFranceKLM and other European airlines have already received their liquidity aid. Even Ryanair has already been able to obtain 600 million British pounds via the Covid Corporate Financing Facility.
Chart-wise the bearish trend will continue today. LH is currently trading at a discount of 2.5 % at around € 7.82 and is thus cheaper than the low-cost carrier Ryanair. The daily chart shows that the LH share is in a descending triangle. The area around 7 € seems to support the crane. A disclosure of this short-term important zone could continue the trend quickly and the next targets at 6.73 € / 6.25 €. On a higher level, a long term price target at around 3 € can be determined based on the level of the descending triangle. However, LH will only be able to reach its cruising altitude if it can sustainably break through the € 10.50 mark - but given the current uncertainty, this may take some time.
usd/gbp short termusd/gbp seems to create a divergences as well has creating LH's and LL's on the 4hr timeframe.
Waiting for price to create another LH so I can enter short at that moment. The reason I've placed my trade there is because 50 ma holds that level very well so I am hoping that price reaches 50 ma and drops.
gbpcad bearish move downon the gbpcad weekly, price seems to have hit major resistance zone. Possibly a h&s pattern could occur.
Going down the daily and 4 hr chart prices has seemed to have made HL's and HH's. HH has seems to have touched major resistance zone and I now believe that price will start the create LH's and LL's if it breaks out of the trend.
Plus ma crossover at the resistance level indicates selling pressure. Let's see how this trade goes.
USDJPY LH,LL,HH and HL'sHello Everyone,
I appreciate the feedback that I have been getting this past couple of weeks and something I that I been wanting to share with y'all is one of my confirmation.
I know you will do your own independent reseach on this and I wish you the best in your trading Journey.
Thank you.
Ps. I'm looking for a new HL point to get a new HH.