if the price close over the channel that means wave 5 is actually done / to make sure we need to reclaim the resistance around 3700 / going above wave 4 will make me 99% sure that we will have a good bounce. another scenario is wave 5 is not done yet Zoom out scenario 1 scenario 2 scenario 3 I'm watching the confirmation for the second...
✅NETFLIX is now retesting a strong support level After a local correction move And I think that we will see A rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Photoronics is on a good trend within the channel and has history in this channel.
Coinbase - 30d expiry - We look to Sell at 62.28 (stop at 67.21) Our bespoke support of 60.00 has been clearly broken. Previous support at 60.00 now becomes resistance. Daily signals are bearish. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. This stock has seen poor sales growth. The primary...
The CPI news came out negative hence Gbpusd bought to the nearest area of supply for more sell continue hence we can sell from here to target atleast 1300pips.
The S&P 500 has rocketed after October's data suggests that inflation is weakening. CPI came in at 7.7% against an expected 7.9%. The markets are looking for any excuse to anticipate a weaker Fed policy, and a tapering in rate hike trajectory. Yields have fallen dramatically and risk on assets are flying. The S&P 500 blasted off from 3749, through our relative...
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RUSSIA STOCK The price retest on the Trendline with stong candle (bullish engulfing). We have completed harmonic with wait high probability to advantage next harmonic. For more details contact me. don´t forget like and support.I will be gratful👨💻.
so SPX has broken down on the lower timeframe and followed my red arrow - As an update I'll just say that I see it consolidate around this area. Not expecting bigger movements, therefore safe to trade up and down for now on LTF.
...Oh It's just a prediction playing out. Yeah so just updating you on this one - we are bouncing from the broken curve now - I still expect some consolidation - but that bounce is already showing great support at these levels - VIX is bottoming before the plunge of stocks.
This is one of those times when the channel works out perfectly. We have been in a bear market since the beginning of the year, don’t be fooled by the short rallies here and there, that’s only to get to the top of the channel just so it can fall to hell again. CPI numbers coming out at 8:30, May be a good catalyst to see the Dow fall and contribute to the...
On the H4 chart, the overall bias for OJ is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Looking for a pullback buy entry at 1.9053, where the 50% and 61.8% Fibonacci lines are located. We've set a relatively safe stop loss at 1.6846, which is where the 23.6% and 78.6% Fibonacci lines intersect. The take...
On the H4 chart, the overall bias for DJI is bullish. Furthermore, the price is above the Ichimoku cloud, indicating that the market is bullish. Looking for a pullback buy entry at 32257.13, which contains the 23.6% and 61.8% Fibonacci lines. We've set a relatively safe stop loss at 31007.33, which is where the 38.2% and 50% Fibonacci lines intersect. The take...
On the H4 chart, the overall bias for DJI is bullish. Furthermore, the price is above the Ichimoku cloud, indicating that the market is bullish. Our pullback buy entry level of 32135.41, marked by the 61.8% and 50% Fibonacci lines, has been reached. I've set a relatively safe stop loss at 30775.37, the intersection of the 38.2% and 78.6% Fibonacci lines. My stop...
EUR/USD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 USD/JPY 🔼 XAU 🔽 WTI 🔽 The market is intently following the US midterms results, with the Republican party holding the upper hand for now. Later tonight, the upcoming CPI data is expected to record an 8.0% year-on-year increase - still far from the Federal Reserve’s 2% target. As political and economic uncertainty looms,...
Let's keep this simple. Price may very well be exhausting still to the downside. A higher high has been made recently. The recent low hasn't made a lower low although it still could in the near future. Looking for price to test the recent high. What do you think?
important levels, forming an Inverted HnS pattern and stock looking weak.
TSLA weekly analysis was the head and shoulders forming on the weekly timeframe we played the break of bearish confirmation down to the neckline of the formation and we will continue to play the pattern out