Comment below for more in depth explanations on the analysis
Comment below for more in depth explanations on the analysis
Comment below, if you want in depth explanations on the analysis...
We have a great possibility of price moving/ continuing to the downside, after the impulse moves we had followed by a corrective consolidation near supportive structure, possible entries to be looking for is right after price breaks it's consolidation phase
Possible ideas, I'm inticipating price to comprehend in the coming days/upcoming week
The probability of Nasdaq(price) breaking this channel is highly probable, given yesterdays Fed interest rate release(fundamentals) however price breaking the channel doesn't make it a high probability trade set-up, unless we can expect a break n retest with a continuation pattern aiding our move down...
Definitely something to look at, for some extra pocket change
Basically from what we seeing from price, is that price has formed some sort of a irregular double bottom/ W-formation, we getting to see that price had some sort of build-up/consolidation near trendline resistance and it broke, our level, which signifies we could be expecting price to push higher up, I consider this a high probability swing trade set-up, and as a...
Double bottom formation followed by a descending channel formation on the neckline of the double bottom, signifying a continuation to the upside
I'm whinging this one, it's has great chances of respecting those key supportive zones of the horizontal and trendline supports
So basically we can expect or inticipate shorts on us30, why? Well the charts explain that, but with us30 it'll probably be best to wait for a break and retest from the ascending traingle formation pattern, for me I call this a high probability trade setup, so I might up my risk once price plays out accordingly
Possible Longs, once price indicates or illustrates a possible double bottom formation onto support
Probably one or few scenerios we can expect, once price breaks to the upside from the consolidation price is in, however if price floods to the downside and breaks minor support and major support it'll definitely if not probably be the best time to enter sells after the break or after the break and retest
Daily support got broken, with no sign of hesitation from the market, hence why I see price falling roughly in my predicted direction
It's More or less, of what we can expect price to do, once it reaches trendline resistance, of which will be the 4th time price has tested it...In other words, the probabilities that price will break trendline resistance are high, however as a market predictor I expect price to form some sort of rising wedge, to signal a reversal for us, however, this instrument...