abbychloe

abbychloe

A liquidity grab to the downside on the Dow Jones is to be expected in the coming days. I would like to take advantage of a buy position if possible. I see the market topping out in the 43,000 area, which is where I want to look for sells. My analysis is price-action based. I'm not married to a particular bias, but this is what I currently see. #PatiencePays

abbychloe

Is the sell momentum in the crypto space slowing down? There is a falling pattern developing on the weekly time frame and a bullish divergence, indicating a potential reversal in the market is on the way. The retest of previous broken levels seems to be almost over. Will Bitcoin make an astonishing come back and go on a strong bull run some time in 2023? My bias says YES!

abbychloe

Looking for a retest of resistance on the Dow. I can see price testing the 33700 to 34000 area and potentially creating a lower high, which would give us an opportunity to take sells. I believe that the drop could bring the Dow back down to the 29000 area and potentially lower.

abbychloe

Looking for price to make a lower high on the higher timeframes around 32770. A sell continuation to 30000 and maybe even lower could follow.

abbychloe

Looking for bitcoin to make a run to 60-70k+ soon. Now technically is a good time to buy as it's sitting on the weekly .50 fib level. I would wait for more confirmation for that though. I have a buy limit at the weekly .618 for a better entry.

abbychloe

AUDCHF currently sitting at monthly resistance and rejecting on the lower time frames. I am expecting one more test of resistance and then a retracement to the .382 fib level.

abbychloe

Patiently waiting for a break and retest of support to give us a nice sell opportunity on gbpcad. Worsening COVID conditions in the UK could lead to a weaker pound as well.

abbychloe

SPX is trading within a rising wedge pattern. Looking to enter a short position after the breakout and take profit at daily support. Happy Trading :)

abbychloe

Us30 is at the highest point it has ever been. I am looking to sell high as it has been trading within a rising wedge pattern and a divergence can be seen on the 4hr time frame. Fundamentally, a pandemic relief stimulus package was blocked in the US Senate, and it has also been found that a COVID mutation has arrived in the US. Wait for the breakout for entry....

abbychloe

Looking for a short term sell here. Price is currently at a monthly resistance with a double top forming on the 4hr time frame. If a stimulus package is agreed upon next week, it could also give the usd some strength. Enter at resistance using proper risk management and place your sl above the highs as you see fit. Happy Trading :)

abbychloe

Looking to short GbpCad next week as we see a head and shoulder pattern beginning to form on the 1hr time frame. Lack of confidence in the Gpb and Brexit negotiations + the new lockdown in London could lead to the 100+ pip gap being filled. Enter after the head and shoulder is confirmed by a break and close under support.