On the current rise back to Key resistance we can look to RE short. market sentiment remains not too pretty. Trade it small as always When dealing with assets like this.
We have been looking Long on the EURUSD for some time now after weeks and weeks of falls. The recent push and Price action has given rise to early MA'/resistance. This will be a test of Strength. Trade the move upwards in stages it is a lot more accurate!
In this Video I will take you through Today's analysis and trade planning as we reach a short side bias and input our TECH components.
Here is another SPX analysis. After we called it long and exited at targets we are now looking at the short side. Market Sentiment remains poor, Which you can see everywhere. This aids Short side bias. Look for faster exit.
Another Huge element of Core PA. Know what to expect and look for when you want impetus to the long or short side. Put your probability of success Up!
Here we have an excellent TECH lineup. We like to see prices that are low to buy.. this is one of them. IF you do take it, do so lightly given the nature of the asset and the current Market sentiment.
We are seeing plenty of huge price action zones across various crypto markets. This analysis is a must see for those looking to trade it. In this Analysis, we will go through it all step by step..
It is important to ALWAYSN remember that when you are trading commodity assets in times of uncertainty to trade them small. This is because they are heavily news affected.. And since there's a lot of news to give price movement you can get burnt. Nonetheless, these assets remain tradeable.. You just must do so in smaller sizes and faster TP's.
It is important to take note of the indecision and slight downside bias that is retained in the market. This is the reason for the fall and stall and it is why you should give caution to longs you are taking. We are at Key support levels + Tech confluence, but we are also wary of where to market may fall to based and price action rules. Trade Lightly at the...
In this Video I will take you through how to manage risk in falling markets so that you make money regardless of where price goes.. Yes, it really is that simple!
Here is a full guide on how to Trade ETH in the coming Days/weeks. Watch and take note as it will greatly benefit your Trading with professional Price Action methods.
It is always wise to learn a little about price action... Know what Traders are doing NOW in the market. It helps!
If you are a LUNA Trader and looking for long zones.. Note this is a HVA requires small size. For this reason, if you are going to invest based on core fundamentals, then the TECH zone noted much lower is for you... but nonetheless, Price action methods and TECH analysis remains the same regardless of what we are Trading. BTC/ETH and those alike are much safer...
We looked at this pair as a long for a very long time on price falls... Now you have the rise. Look to exit and perform continual rebuys.
On our GBPUSD we looked long after larger falls on USD strength and pound weakness. We like to see large daily candles for dip rebuys on the move up, planning ahead.
We looked previously at BTC for a long bounce and we sure got it. On this bounce we have seen weak PA and a slight rise to early resistance.. The market(s) remain stalled and we do expect a blow through unless there is rapid sentiment change. For this reason look long lower.
Here we have our NZDUSD chart with some Great Tech aspects for longs. Remember we like to buy in uptrend and sell in downtrend. It really does help.. Arriving at support and will look for tgt on move up.
On the FAST rising XAUUSD we can look short higher for more accurate/Risk averse entry.. It is always helpful to include ENTRY confirmation on lower TF's on the push up to strong Resistance when you can see bullish PA.. Trade lightly due to news sentiment.