Reason to Buy 1) 10970 - 11000 = key support area 2) False breakout from 10970 support level 3) Double bottom = potential reversal * Like/Follow for more trading setups * Please comment to exchange knowledge
The SP500 Index is in correction moves, has fallen 160 points from 2960 to 2800. It is retracing to 2880 key resistance confluence with Bat pattern as a potential reversal. We can watch to Sell and rejoin this correction move to 0.382% Fibo retracement of this Big Swing. * Like/Follow for more trading setups * Please comment to exchange knowledge
Reason to Sell 1) 6240 - 6290 = neckline of head & Shoulder 2) Neckline has been broken 3) Bat pattern = potential reversal * Like/Follow for more trading setups * Please comment to exchange knowledge
Reason to Buy 1) 6830 is the Weekly support level 2) 1.618 Fibonacci Extension 3) Bat pattern = potential reversal
Reason to Buy 1) Oil is moving in a range 2) Support level 3) Butterfly pattern = potential reversal * Like/Follow for more trading setups * Please comment to exchange knowledge thanks!
The EurUsd is in a downtrend. 1.1300 - 1320 is the key area, previously acting as support become resistance now. Will Sellers come in again when the price pullback to the key resistance area? Gartley Pattern = potential reversal. * Please Follow/Like for more trading setups :) ** Please comment to exchange knowledge Thanks.
The Pound has been bullish lately and it is retracing back to the 1.3020 key support level. The current retracement moves = bullish flag pattern. Traders can watch for Buy signal *If the Pound breaks higher from this flag pattern.
Reason to Sell 1) 3220 = key resistance 2) Fibonacci Extension 1.618 = potential reversal
The neckline of the Head & Shoulder has been broken = uptrend has come to an end. Traders who Shorted the Oil can continue to hold your Sell position, while others can watch for Sell signal to rejoin this downswing movement.
The SP500 has been very bullish (without much correction) since 26th of December, 2018. 2938 is the key level of resistance = All-Time High. Wedge pattern = Sign of weak buying towards 2938 key resistance. An Engulfing candle that breaks the wedge pattern. Is the Stock Market heading for a correction soon??
Reason to Buy 1) Uptrend 2) Key support 3) Double bottom = potential reversal ** Please Like/Follow for more trading setups
Reason to Buy 1) 1275 - 1280 = key support area 2) Strong reversal on last Friday
Reason to Sell 1) Strong sell-off last Friday 2) Anticipate Right Shoulder
Reason to Sell 1) 11210 = key resistance 2) Trendline is broken
Reason to Buy 1) Previous resistance become support 2) Trendline support
Reason to Sell 1) 9740 = key resistance 2) Double top = potential reversal
Reason to Sell 1) Trendline has been broken = downtrend 2) 1298 = key resistance 3) Gartley pattern = reversal
Reason to Sell 1) 3220 = key resistance 2) Lower Low Lower High on Daily timeframe 3) Bat pattern = potential reversal