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Swingtrader

Limitless Idea; S&P500 possible long.-Using the 4HR time frame I found a busy Zone which price previously entered and there was action. - My strategy consists on locating a OTZ ( optimal trading zone), using the 4HR help locate the overall direction. -I like to see price enter this zone above, once this is confirm then i will wait until price retest it for a new support area. -My confirmation for new support area consists of a double bottom pattern with a hammer candlestick following the confirmation. -Then, I use First Wick which created the OTZ along with ATR to locate my Stop Loss. Limitless Trading Firm.
SP:SPX
by LimitlessRx8
1
EURUSD: 2 Scenarios Explained 🇪🇺🇺🇸 Important fundamentals are coming. Watching the current state of affairs on EURUSD, I see 2 potential scenarios. Bullish The price keeps setting equal highs, perfectly respecting 1.1045 - 1.1095 resistance. If the price breaks and closes above that, I will expect a bullish continuation to 1.116 level. Bearish The price keeps setting higher lows, respecting a rising trend line. If the price breaks and closes below that, a bearish continuation will be expected to 1.1093 level. Wait for a breakout, traders. What do you expect? ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
5
Dollar Index (DXY): Bearish Outlook Explained💲 Dollar Index is trading in a minor bearish trend on a daily. The market is steadily falling within a falling parallel channel. The market is currently approaching a very important confluence point based on a resistance of the channel and a broken horizontal resistance. I believe that chances will be high to see a bearish move from the underlined zone to 101.0 level. Alternatively, remember that a bullish breakout of the resistance of the channel will initiate a correctional movement on the index. ❤️Please, support my work with like, thank you!❤️
TVC:DXYShort
by VasilyTrader
11
Nasdaq-100 Index (US100) Waiting For Breakout Nasdaq Index is stuck between 2 solid structures. Depending on the reaction to the underlined areas, I see 2 potential scenarios. 1 - Bullish If the price breaks and closes above 12700 - 12900 supply cluster on a daily, I will expect a bullish movement at least to 13130 2 - Bearish If the price drops and closes below 12300 - 12500 demand area on a daily, I will expect a selloff to 11900 Wait for a breakout, it will show us the future direction of the market. ❤️Please, support my work with like, thank you!❤️
CAPITALCOM:US100Short
by VasilyTrader
15