You can see here that Gold has broken support on the 15m chart. I am short for a while but I have several long term CFD's Long gold positions as overall I see its bullishness especially with the USD in free-fall this week and the USA moving on interest rates next month, however USDX is showing some strength today but many believe it could drop to the 100 level...
More pain ahead for SnP500? As SnP500 has been on enormous bullish trend and recently has formed reversal patter, Head and shoulder pattern. And it has also break the neckline of reversal pattern. Which is suggesting the more pain ahead.
Is ETHUSDT ready to tank? Major support broken. Bearish flag broken. and Price action looking for 2nd pivot to falling trendline.
Retested strongest support and now we will see big dump :(( Bye
The 40k level was the level we needed to maintain in order for the bull cycle to continue easily. Now it could be a bumpy road, or what's worse, the bear market isn't over. This is a possible catalyst to bring us into crypto winter. NOT good. Now from this price level we have 2 major areas that, if broken, could cause Bitcoins price to spiral to the ground. Those...
Breakout (Buy), Fail To Breakout (Sell), Break-in (Sell), Fail To Break-in (Buy). TP at the nearest lines. Valid on the said date. Enjoy and feel it. Hopefully, it's useful. This is for study and educational purposes only.
Breakout trendline on H4 timeframe indicates seller has entered. Price retesting on broken support. An opportunity for a short incoming. Good Luck!
Too bad I now have to take back my idea we were going to hit resistance at 2950. As we broke through the short term upwards trend support, I now expect a drawdown to at least the 1 retracement which sits at around 2650, hence a trading approach right now would be short for the rest of the week. As the medium 100 MA on this 4h chart already went above the 1...
Im looking to short UsdChf as I strongly feel it has broken the strong support lines and will now start reversing down. I have no tp as of now just trail profits sl is a bit tight but u can enter small lots and just trail if u want.
0.6850 level support broken and has now retested. Daily trend line hit. could see a bullish move of roughly 50-100 pips before it consolidates and retraces or continues on with the trend.
We expect weakness to continue in $ULTA. There was quite a bit of technical damage done last week and we are targeting $184 to $194 on the downside. Ulta Beauty (NASDAQ:ULTA) went into a freefall last month after a soft Q2 earnings report and warning on a July to August slowdown in color cosmetics sales. During the earnings call (transcript), Ulta execs stated...
CGC Lost nearly horizontal support, and so could very well be headed lower to price area shown on chart for uptrend support line. it is very possible there could be a bounce to reset the RSI a bit higher first, possibly even as high as 31ish. I changed from short to long at 27.50, but am holding off on any more purchases of stock until either the downtrend...
#AUDNZD pair market structure breaking weekly support, ready for some downside. Classic bearish head and shoulders pattern playing out as well. Decently tight stop on this one, still good R:R.