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Pullback

EURUSD without a clear directionEURUSD is still trading sideways without giving us any good trading opportunities. This happens quite often on this currency pair and in periods like this, we would rather trade something else. We need to see how it's going to react to its resistance and is it going to reject it again. We will be looking for selling opportunities but before that we have to wait for confirmation to do it. Meanwhile, we're still looking to trade the JPY cross pairs!
by ForexTrendline
12
EURUSD post FED Yesterday, FED hiked the interest rates to 2.5% but that didn't lead to increase in USD. Those expectations were already played out and we even saw price dropping. We are still trading sideways and we're yet to see if price will have enough strength to break the resistance. Right now, we won't trade the EURUSD because it looks like there's not that much momentum to the upside but at the same time it's still early to sell. It's probably best to focus on the cross pairs where we may have better opportunities!
by ForexTrendline
3
ETH heading strong resistance and good support levelshello all i think we breakout from a range area and surpass the 1280 resistance. now we reach 1650 resistance and the market react to it. so i think we have a pullback to 1300 area and after that toward 1650 again and repeatedly react to 1650 resistance and after that will go for 2000 resistance. also maybe we have a 50% correction of this impulse wave that shows the 1300 level too. Etherum has good fundamentals according to merge upgrade.so this targets are reachable in coming months. share me your opinion in comments.
Short
by TraderAmin-KZ
2
Showcase: A quick trade on e-mini Dow Jones (YM, 25 July 2022)I recorded the video abit late: There was a nice pullback formation earlier and if you look on the left side of the chart, you can see the price was on downtrend before it made a reversal with high vol. (indicated in the video as SO, which is actually an SP based on the bar characteristics). I did set my EP at 31282 but the price volatility caught me off guard and I emotionally entered on market price. Eventually price went down to capture my earlier EP level before continue moving upwards. We managed to exit with 25pts profit for holding of less than 10mins. This shows that having a proper background and entry on Pullback would yield a good return; bear in mind that in Futures, you need to enter in and out quickly.
CBOT_MINI:YM1!Long
by mdalifalwi