Today, Friday, we diagnose short sales, hoping that the price of the index will seek liquidity in past volumes, the 230-period EMA (weekly) confirms that it has not yet been touched. As it is the end of the market opening day, we expect aggressive movements from institutional, few important news in Forex Factory. Good hunting
Today we are analyzing resistance from days past to base our operations on, we are in the middle of the week and we hope that the price is looking for important volumes from previous days to decide whether to sell or buy. Two very likely scenarios, but in my personal opinion the crucial one would be buying on past volumes and confirming with the 230-period EMA. We...
If you saw my last post, looking for a confirmation setup 1 we could find two very interesting causalities! One of them was the big rise that occurred at 11 AM after Colombia time, candlesticks and wicks that barely exceeded 1% causing the small trades to be in Stop Loss, the others have behaved very low in a range below 1%, today we await confirmation of price...
The price today 7/18/23 in NAS100 is located in two possible actions. For sale or purchase. We go buying using significant volume rebounds which is indicated by the vertical indicator of $15606, due to fractality this would be a great option since it repeats patterns. We are going for sale looking for exactly the 230 period ema since it has not touched it since...
