Please have a look at these levels and also my forecast for next week. have a great trading week ahead and let me know in the comments if this helps. i would love to engage with day traders like me and would love to put more daily updates as much as possible.
The bullish trend is a correction in a long-term bearish trend that is close to its end and I am waiting for confirmation for a bearish trade
As you can see, the price rejects Fibo 0.618 level at the key level supply zone at the d point we expect the price will keep going down and complete the e point of diagonal correction Hope you guys catch this down as well.
As you guys see, the liquidity has been generated, let's wait for the liquidity sweep, then pullback to supply zone it may consider a short position, note that to switch to the lower time frame to see if there is any patterns or rejection here. Take you risk, enjoy.
market conditions have changed, it is important to notify that we have discovered a big sale so prices will fall to seek liquidity and then rise
The correction is still not over yet. We expect the Nasdaq to decline further until around 14656 points, where a turnaround should set in. Then, new all-time highs should be coming soon! Let’s wait and see!
Godal Member's, Traders and Aspiring Traders . Todays shared post is on . Pair : AUDUSD Time-Frame : Daily Biased - Bullish Outlook : The daily bearish trend was broken as the bearish trendline was not able to hold and continue the the trend. Alongside this pervious resistance was broken. I will be waiting for a pull back to the broken trendline and recent...
Look at the chart, we can find the strong support line at 0.318. The market tried to break it but it cannot be broken. So it may be a buy signal as well. Our first target would be set at sma10 (0.409) and the stop loss would be 0.318. Stop Loss: 0.318 Entry point: 0.348 Target: 0.409 Risk/Reward Ratio: 1.91 Anyway, it is only a bad joke and for fun only....
Wondering will the same analysis work with stock? Problem with stock is need to know the open price, I notice stock gabs a lot day to day.