SPX500USD: Will Collapse! SELL!
My dear subscribers ,
Please, find my technical outlook for SPX500USD below:
The price is coiling around a solid key level - 4337.3
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Target - 4299.4
Safe Stop Loss - 4260.9
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
Tecnicalanalysis
EUR/GBP Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for EUR/GBP below:
The market is trading on 0.85750 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.86001
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
AUDCAD ____ INCOMING BULLISH MOVEHello Traders,
Here is one for you guys this week... You can see how the price hunted the buy-side liquidity and it is heading for the weekly order block.
I will be waiting for the price to hit that level, then switch to the 1-hour timeframe for CHOCH to go long.
Always keep it simple.
Follow for more incoming trades.
Cheers,
Jabari.
What is bullish rectangle pattern?The rectangle pattern is a well-known technical analysis pattern that can be a valuable tool for traders. It consists of horizontal lines representing significant support and resistance levels, indicating a period of indecision in the market. This pattern can be effectively traded in two ways: by buying at support and selling at resistance, or by waiting for a breakout from the formation and utilizing the measuring principle.
www.google.com
💥 When discussing the bullish rectangle candlestick pattern, we are referring to a chart formation that occurs during an uptrend. It represents a temporary pause in price movement before resuming the upward trend. This pattern signifies a period of equilibrium as the price moves sideways. Once the price breaks out above the upper resistance level, the pattern is considered valid and generates a buy signal. Bullish rectangle patterns are powerful and commonly used in breakout trading strategies.
💥 Conversely, the bearish rectangle pattern is the opposite version of the bullish rectangle pattern. It follows the same formation and rules but occurs during a bearish market trend.
💥 Understanding the key takeaways of the rectangle pattern is crucial for successful trading. Firstly, this pattern indicates a lack of trend as the price fluctuates between horizontal support and resistance levels. Traders have different approaches to trading rectangles. Some prefer to trade within the pattern, buying near the bottom and selling or shorting near the top. Others choose to wait for breakouts, which occur when the price moves out of the rectangle.
💥 It's important to note that the rectangle pattern concludes with a breakout, marking the end of the price's sideways movement between support and resistance levels.
💥 For more insights and daily ideas about market updates, psychology, and indicators, you can follow @QuantVue. If you find their work valuable, remember to show your support by liking, commenting, and following them.
By understanding and utilizing the rectangle pattern, traders can potentially enhance their trading strategies and capitalize on the opportunities presented by this classical chart formation.
NG1! Expected Growth! BUY!
My dear followers ,
I analysed this chart on NG1!, and concluded the following:
The instrument tests an important psychological level 2.731
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Target - 2.857
Safe Stop Loss - 2.661
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
AUD/JPY Sellers In Panic! BUY!
My dear followers ,
AUD/JPY looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 95.920
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Target - 97.298
My Stop Loss - 95.111
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EUR/NZD Set To Fall! SELL!
My dear followers ,
My technical analysis for EUR/NZD is below:
The market is trading on 1.77242 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.76544
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
How to use EMA200?EMA200, also known as the 200-day Exponential Moving Average, is a widely used technical indicator in trading. It helps traders identify the overall trend and potential support or resistance levels in a particular security or market. Here's how you can use EMA200 in your trading strategy:
1| Understand the concept: The EMA is a moving average that assigns more weight to recent price data, making it more responsive to current market conditions. The EMA200 calculates the average closing price over the past 200 trading days and plots it on the chart. It is often considered a long-term trend indicator.
2| Determine the trend: By observing the price action in relation to the EMA200, you can determine the prevailing trend. If the price is consistently trading above the EMA200, it indicates an uptrend. Conversely, if the price is consistently trading below the EMA200, it suggests a downtrend.
3| Identify support and resistance: The EMA200 can act as a support or resistance level. During an uptrend, the EMA200 may provide support, meaning that if the price dips towards or touches the EMA200, it could be a potential buying opportunity. In a downtrend, the EMA200 may act as resistance, where the price could face selling pressure if it approaches or touches the EMA200.
4| Confirm trend reversals: When the price crosses above or below the EMA200, it can signal a potential trend reversal. A bullish crossover, where the price moves above the EMA200, may indicate the start of an uptrend. On the other hand, a bearish crossover, where the price drops below the EMA200, may indicate the beginning of a downtrend.
5| Combine with other indicators: While the EMA200 can provide valuable insights, it's recommended to use it in conjunction with other technical indicators or tools to strengthen your trading strategy. This may include additional moving averages, trendlines, oscillators, or volume indicators.
6| Practice risk management: As with any trading strategy, it's crucial to implement proper risk management techniques. Set stop-loss orders to limit potential losses and determine your target profit levels based on your risk-reward ratio.
Remember that no single indicator guarantees trading success, and it's essential to combine technical analysis with fundamental analysis, market sentiment, and other factors when making trading decisions. Regularly backtest and refine your strategy based on market conditions and your own experience.
USOIL Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for USOIL below:
The price is coiling around a solid key level - 68.25
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 70.05
My Stop Loss -67.23
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USD/JPY Expected Growth! BUY!
My dear subscribers ,
My technical analysis for USD/JPY is below:
The asset is approaching an important pivot point 143.279
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Target - 144.190
Safe Stop Loss - 142.772
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
SPY Technical Analysis! BUY!
My dear followers ,
SPY looks like it will make a good move, and here are the details:
The price is coiling around a solid key level - 436.55
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 446.15
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
AUD/USD Massive Long! BUY!
My dear friends ,
Please, find my technical outlook for AUD/USD below:
The market is trading on 0.66844 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.67375
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
HG1! The Target Is DOWN! SELL!
My dear followers ,
I analysed this chart on HG1!, and concluded the following:
The asset is approaching an important pivot point 3.8850
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 3.8115
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EUR/USD Sellers In Panic! BUY!
My dear followers ,
EUR/USD looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 1.09540
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 1.10446
Recommended Stop Loss - 1.09050
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
US30 Massive Short! SELL!
My dear subscribers ,
Please, find my technical outlook for US30 below:
The price is coiling around a solid key level - 33891.85
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Target - 33606.81
My Stop Loss - 34053.21
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBP/USD The Target Is UP! BUY!
My dear friends ,
My technical analysis for GBP/USD is below:
The market is trading on 1.27488 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.28301
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GC1! Sellers In Panic! BUY!
My dear friends ,
I analysed this chart on GC1!, and concluded the following:
The asset is approaching an important pivot point 1944.1
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Goal - 1966.1
My Stop Loss - 1931.9
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EUR/CHF Trading Opportunity! SELL!
My dear subscribers ,
EUR/CHF looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 0.98101
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 0.97776
Recommended Stop Loss - 0.98284
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
US500 My Opinion! BUY!
My dear followers ,
This is my opinion on the US500 next move:
The instrument tests an important psychological level 4366.6
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 4441.3
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK