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Bitcoin hitting massive resistance on the Daily & weekly time frame. Alt coins have had a beautiful move to the high side and some may continue to run a bit higher.
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The energy market may see some headwinds in the next 1-2 weeks. Natural Gas storage update on Thursday. Oil has triggered a head & shoulder pattern
The SPY, QQQ , IWM all hitting resistance. Gold looking a bit vulnerable for a small pullback. Bitcoin looking extended & first negatives divergence.
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Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
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I'm looking for ever opportunity to be short in this market after a large run up last week. Taking this newly created breaklevel at 4370. Hoping it respects that breaklevel and continues downward. Putting my stop at the next breaklevel above at 4374.
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In this webinar we will take a look at some interesting developments on different markets, and where the market can move this week based on price action and sentiment.
In this video i explain my insight on GJ what i expected the market to do which ultimately played in my favor whats next for the market and overall how will i base my next position
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((b)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure. Price action in the lower time frame will help us to choose between the two scenarios.
Forex, Stock, Crypto Weekly Market Outlook from 6 to 10 November 2023
Took 4370 Short Managing Trade. Seemed like a good trade location under the first level our group set for the day. Trend seems to be down. Hoping for a large move.
The FTSE is giving us very corrective and sideways price action. It is difficult to come up with a reliable forecast. The sideways price action fits in a bullish as well as a bearish scenario.