Trade-ideas
EURUSD SPORTLIGHTSFX:EURUSD
EURUSD monthly timeframe, has the price broken the support zone at 1.06797$, and retraced back to the previous low, now support has changed to be strong resistance. Where now Price is roaming at.
The observation on weekly timeframe, the price leaved a doji candle to signify that price is at indecision zone , whereby bull in r bear can take into control of the market. However that, we saw price struggling at resistance to signify bear in control of the market.
Four hourly timeframe, price produced the double top near the Strong Residence, to signify that price will change direction to the bear trend after secondary retracement completed. The confirmation on Small is where the zone do called neckline at 1.04591$ is where aggressive can take risk or consecutive trader can wait for retracement back to neckline and risk there.
NZDUSD short ideaAs you can see from this markup we have locked into nearly all areas from our push down.... meaning the only areas are the liquidity above and below our highest zone!
so following what we know of interlocking structures the lower move would be next... taking us out of our retrace move and back into our trending structure move....
Reaching lower would give us 3 targets including the swing low after the first areas had been met!
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Sell IdeaHello traders, in today's trading session my team and I are monitoring GBPJPY for a selling opportunity below the 160.604 price level, once we get a bearish breach the pending order will be activated.
Pip Regards, DayBot6.
PS: Kindly COMMENT on what you think of this idea. Also LIKE, if you do.
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Short Term - We look to Buy at 37.11 (stop at 34.35)
Previous support located at 37.00. Trading within the Channel formation. A higher correction is expected. Choppy price action seen. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 43.98 and 48.59
Resistance: 45.00 / 50.00 / 60.00
Support: 37.00 / 25.00 / 20.00
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WATCHING $PLTR - Key Levels & AnalysisWATCHING $PLTR - Key Levels & Analysis
PALANTIR Technologies made a nice after-hours move up 13.2% due to landing a $823 million contract to provide the Army with its Gotham platform, which is “an operating system for defense decision making and is specifically designed to connect the dots between disparate sources,” Palantir said in a statement. (Source:MarketWatch)
It jumped & closed beautifully above the 20MA making it a possible play for tomorrow.
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Red = Resistance
Green = Support
Blue = trend lines
180 EMA = Purple
I am not your financial advisor. Anything can happen… I’m just posting what I see… but the risk is on you if you decide to trade the setup with me.
I certainly don’t win them all so be mindful of your position sizes and do your due diligence. I’m happy to answer questions to the best of my ability.