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Rejection

DOW JONES Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: DOW JONES is sitting around strong resistance in blue and round number 3000.0 so we will be looking for sell setups on lower timeframes. on H1: DOW JONES formed an objective wedge pattern in red so we are waiting for a momentum candle close below its last swing to sell. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone. As price approaches our lower green support, we will be looking for buy setups. Good luck!
UShort
by TheSignalyst
6
USDZAR top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow. on WEEKLY: USDZAR is sitting around strong demand in blue and rejecting a green trendline so we will be looking for trend-following buy setups on lower timeframes. on H1: USDZAR is forming a trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing. Trigger: Waiting for a momentum candle close above the gray area to sell. and until the buy is activated, this one would be overall bearish and can still dive inside the blue zone. Good luck!
Long
by TheSignalyst
2
EURJPY top-down analysisHello everyone, if you like the idea, do not forget to support with a like and follow. on WEEKLY: EURJPY is sitting around strong resistance zone in blue so we will be looking for sell setups on lower timeframes. on M30: EURJPY formed an objective double top pattern. Trigger: Waiting for a momentum candle close below the gray neckline to sell. and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone. As price approaches our lower green or red support, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
2