Given the current structure and momentum we have a clear price direction from 1.09688 to our next zone of interest 1.24948 which is where the market should react according to our monthly structure breakout Stay tuned for updates
Given the current set up on the daily Time frame we can see that price has broken out of the Rising wedge Formation creating some sort of double top on the bigger timeframe (Monthly and weekly), my bias for this pair is to short up until the 28-32$ a barrel zone of coinfluence it is than we can look for longing opportunities , one other reason for a short we need...
As we can see on the given structure we have double top which completed the previous wedge structure of which the high was tested twice creating our new structure to follow our entry will be confirmed on the break and retest the current price zone Stay tuned for updates
Given the above structure we can see that Nasdaq has potential to buy after it extends the new low by buy creating the "HEAD" at around the 10000.00 region as for we can see it has already create the left shoulder , after head is created this should be the LOW of the year and we hold till it creates the new yearly highs breaking previous high
As we can see the indices markets has shown us a very strong bullish Market for the past weeks , my sentiments on this pair are bullish from the previous h4 Low that we are are currently rallying down down to retest at price level 31972 we should watching for a strong reversal to carry on the initial uptrend
As we can see the indices markets has shown us a very strong bullish Market for the past weeks , my sentiments on this pair are bullish from the previous h4 Low that we are are currently rallying down down to retest at price levels 4000-3960 we should watching for a strong reversal to carry on the initial uptrend
simple LONGTERM SELL on oil as we can see i wont say much find an entry and sell
as we can see price is currently completing the inverse heads and shoulder structure shown on chart , we are expecting an impulse move to the high for NASDAQ
Given the current structure and setup we are currently setting up for a correction , although this would be confirmed after a break out of the current wedge structure stipulated on the set up
as we can see the given structure price is currently on a very crucial zone (testing NECKLINE OF DOUBLE BOTTOM) with potential to complete the structure
As we can see according to the given setup or structure on the Monthly timeframe we can see price as a strong bias on a longer term
we are expecting price to head back to retest previously broken support which will become new resistance for further downward movement
Give the current structure we can see a candle break out on the given setup and price is currently on the neckline of the Double bottom I'm anticipating a further upward push
As we can see price is currently being held by a a verry strong zone of coinfluence(support) an given the Current structure (double bottom) being created price has a upward potential as the set-up provided
We currently have potential for further downwards momentum for NASDAQ/NAS100 as we have seen the H4 candles currently broken zone @14800.00 and we having consolidation(Correction structure) after yesterdays Downward push Let us look for shorts up until 14600.00 as our first take profit
As we can see on the provided setup we currently have an inverted heads and shoulders structure which was completed yesterday(14-07-2021) and we are currently retesting the Neckline we should look to go long till the Forecasted zones of Take profit highlighted by the Horizontal line also on the weekly and monthly we have a trendline BREAKOUT
Clear break and retest of a trendline and price is currently stuck on and crucial zone, but based on Momentum and Fridays daily candle close price is heading down as illustrated on the structure
Clear break and retest of a previously broken zone we are LONG