SP 500 Intermediate Impulse wave should have no trouble reaching 5000, as the the SP is still in Minor Wave 3.
Based on my analysis and current market conditions, I have shared my levels which I am following today for my trades. Today I will be Only buying on dips each time price takes supports on any of shared levels. Normally I love to trail my profits, however in current situation today I will be booking full profits each time a level is achieved and rejection is seen...
Hey #Crypto enthusiasts! 👋 Before we dive into other markets, let's have a quick update on BTC/USD. We're now in the 3rd week of consolidation, so it's crucial to take a step back and consider the bigger picture. 🌅 🔍 Looking at the weekly chart, we can identify some key levels that may come into play once price breaks out with momentum and direction. 📈 🔐...
Hey there, #Crypto enthusiasts! 👋 Ready for a rollercoaster ride this weekend? 🎢 Here are the key levels to watch for #Bitcoin against the US Dollar. 📈 Make sure to check the accompanying chart image for a visual breakdown! 🔍 ✅ Support Levels: 1️⃣ S1: £28,200 - The first line of defence. A break below could signal a short-term downtrend. 2️⃣ S2: £27,600 -...
US Share markets indexes move lower after the US Fed raised interest rates by 0.25% as expected. There are a number of concerns that the market sees and is reacting to as risk assets take a hit. The US Fed showed concern for the banking crisis and expect credit conditions to tighten which does not bode well for growth in an interest rate raising environment. I...
Looking at gold on the 4H in today’s Asian session, we can see that sellers are being held up at a previous level of support. For now, this level is trying to reconfirm support but could this just be a new consolidation pause before the next wave begins? A break below yesterday’s low could suggest the trend is back on, but a hold could start to put up a double...
Greetings TradingView! Here we have all of the most important trading levels you need to know to stay head and shoulers ahead of market participants this month. Included: - DAILY LEVELS - WEEKLY LEVELS - FIBONACCI RETRACEMENT Happy Trading! ALTUS
OVERALL TREND- PRICE IS CURRENTLY AT CONSOLIDATION ON THE DAILY TF (OF AN OVERALL UPTREND), TRENDING BEARISH ON THE 4H AND 1H. WE HAVE 3 OPTIONS TO TAKE FROM HERE. Based on our Fib levels, scenario 1 would present a short where price may look to get down to our 50%, break below, retest and proceed down into our 23.6%. Scenario 2, price can bounce back up from...
Possible pullback to 1.1887-95 before further up. Will watch for reaction at that level for entry. Upper resistance we have 1.19080(now support), 1.1934 (is a strong resistance zone so rejection is a shorting opportunity). I expect 1.1961 to cap high of day as it is a strong resistance zone, if not we have 1.1981 above. Below, if 1.1887 breaks, support are at...
Yesterday was a lackluster Doji day. I said it multiple times that the bears need to take this down earlier than later, and this week is better than next. Price still above 3510 which is good for the bulls. Today is #OPEX, supposed to be volatile day, and let's see if we will get a resolution today. Bias to downside below 3566-71.1, targeting 3555.1 and 3545.7,...
Yesterday was a ranging day, hitting the highs and lows but trapping both buyers and sellers. But I would say #DAX30 is probably stronger compared to #NDX #SPX #FTSE. Price above my support zone so bias is to the upside but with the consolidation either way is possible. Price is probably preparing for a big move. Bias to the upside above 13130, targeting 13190,...
We have quite a bit of whipsaw yesterday and we closed mid of range. Price still in a balance area and TBH #DAX30 #FTSE are the stronger indices now. I am looking at 13058-62 zone. Expect a pullback to this zone and see the reaction from there. Above we have 13168, 13264, 13374. I expect 13472 to cap high of day even if there are any news. If 13058 breaks,...
Yesterday we had a rally brought up by #NDX. #RTY was quite flat. Where's the money? Any MORE left? Blue zone at 3576.2-3580. Cautiously bearish below. Upside targets are 3596 and 3612 and 3641.2 will offer a low risk sell level. Price is now already below my 1st support at 3566.6 (I tweeted on a return to 3552 and took a short at 3576). Lower support at 3550.4,...
#NDX continues to be weak. Consolidation yesterday. Downside risk still exist. Price is now at my orange zone where we can sell from here, but I also factor in a possible deeper pullback to 11672-84 or even 11714-28. These levels aren't far away. You can actually scale in along the way up, if that's your trading style, or watch for reactions off the...
My bias was bearish yesterday. Perfectly hit my resistance and went down 100 dollars to hit my support. Now bouncing up. Watch 1890.48-91.84-96 for possible pullback to this zone for further down. With such a huge swing yesterday, today's action should be more muted. Looking at more sideways to down, but not too much off a sell If it moves upon 1896, it might...
Gold closed last week strongly but is at key resistance 1962.214-1963.8 now. If this strong resistance breaks, we are looking at 1973.58, 1982. Watch this zone careful, if rejected, we should go to 1946.4-48.86. If this zone breaks too, we are looking at 1936.42-37.48, 1928.12-29.10 and 1921.24-24.10. 1912.74 should safely cap low of today if it trades
Market opened gap up on Biden's win, though the win is probably expected since last week. Price is going higher on momentum. Overextended but it is difficult to call tops and you need skill to short such a market. Price is above 1st resistance at 12270. We should get a pullback before going higher, targets above are 12428, 12502. In the event of FOMO buying,...
Long entry detected on Bergpaint to trade on tomorrow:: 21/July /2020. #swingtrading #intradaytrading #bergerpaint #livetrading #tradinganalysis #niftylevels #tradinglevels