Dow jones is starting to move down as expected. Gold has found support and is starting to move up. I am expecting to see a reaction at this price 12823. Trading can become simple. Go to the higher timeframes make it as clear as possible then go to the lower timeframes.
Since supply have been rejected 3 times, I'm running with the BEARS 🐻 🐻❄ 😈 #LetsEat
This is a supply and demand set up. I see a lot of rejections and fundamental news... might turn the trend bullish during NFP. I definitely can see the market continuing bullish.
I can see multiple rejections of the downtrend line and a break of the uptrend line. The chart speaks for itself. Trade safely
On GBPNZD, H1 timeframe, price is forming a trendline as it's hovering around a strong resistance level. The price had 2 rejections forming a non-typical double top as the two red dots aren't 100% parallel. Meanwhile, until the trendline is broken, this one is still bullish.
- Rejections from 0.9 psych level - Daily highs - downtrend - Bearish dollar fundamentals
After a bearish movements, the price retested the weekly resistance. Now the price is testing 4h resistance. IF the price will have a rejection, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
Hello, in this analysis, Ethereum show a bullish sentiment as Bitcoin too. In Daily Ethereum has reach the 0.618% of Fibonacci, that mean a possible goldden zone and continuation of their trend in medium term to recover and pass the $400 USD. Now, I enfocous more in H1, becuase Ethereum has formed a ascendent triangle, that mean an accumulation zone, that is a...
I see a short-term bearish bias, see price action before jump.
Potential SELL Position on USD/JPY - 108.800 Potential target
This week i've made 20% on gold buying 30EMA hits followed by engulfing candles. Yes its easy to make money in trends if its just keeps on rising however i also made money selling a few smaller time frame double tops. I think the bullish move will continue after forming a flag or if that breaks lower, when price reaches the 30 or 50 EMA on the 4hr chart and has a...
Cryptocurrencies have been in a bear market the last period of time, but the momentum to the downside is running out of steam. Price might settle down and find support at 400 and slowly create an uptrend again. Just market cycles. Let's see what happens, I'll keep the chart updated
Price rejected at important line, could either go up or down
Hello Traders, today we would like to share with you the SPX as it shows very interesting moves currently around the 2350 level. "White House says vote on healthcare bill scheduled for 19:30GMT (via. Reuters)." Therefore, the market currently tumbles sideways as uncertainty arises, everyone is looking at a decision which could move the SPX as it currently...
USDJPY Daily Support rejection LONG term expected. TP at the 0.50 level of fibonnaci and place your Stop loss below the support for good risk reward.
Short USDCAD from yellow zone after watching price action and momentum.