Here is my next local scalp long idea We are seeing the flush down from the reaction off the 2m supply(crazy right!), the question is how far will this reaction take us, and can we get little scalp play at the range low. 1. Range deviation setup I am waiting for a flip in market structure before involvement, if we reclaim $60 886 with a retest I'll trade it. ...
can go simply long as there is trendline if it breaks then short
GBPUSD is about to test the 1day MA50, which is intact since August 13th. The pattern is a Channel Up and even though its bottom is a little lower, the 1day MA50 should technically be a first buy entry on this pattern. If the price drops more, you can use the bottom of the Channel for a 2nd entry. A rebound of the 1day RSI on its Support Zone, confirms the buy...
condition 1. first half bearish - can be a gapdown wait for long entry condition 2. if gap down opening then plan for next half bullish or sideways condition 3. if opens flat then wait for first 15 min candle formation as it could trap
Hello All, here is our general outlook on GBPAUD; sell.
The historical pattern known as the seasonal divergence "Sell in May, and Go away" was popularized by the Stock Trader's Almanac, which stated that investing in stocks represented by the Dow Jones Industrial Average November through April and switching to fixed income for the remaining six months "would have delivered reliable returns with reduced risk since...
Yesterday, OANDA:XAUUSD exhibited significant volatility, with sharp fluctuations both upward and downward. However, by the close of the session, the price remained relatively unchanged, lacking a clear directional trend. The current price movement suggests a phase of consolidation, indicating that a more definitive direction may emerge soon. Traders are now...
It looks like a great potential for buying here. It just made a really good pullback to 50% of recent push up. Trend lines are drawn from at least two major ending points which has a higher chance of being valid in the near future. Even if it isn't able to have as strong of a reaction as drawn with an arrow, there still is a good chance of it pushing up at least a...
XRPUSD / Ripple is having a strong bearish candle on the 1week timeframe, erasing the gains so far of the previous 3 weeks. Even though that is shaking out many traders off the market, this doesn't affect the long term bullish outlook. The reason is that XRP is repeating a pattern that seems like an Inverse Head and Shoulders of 2022-23. You can see that when...
Yes! The movement will be huge. We have a symmetrical(A) triangle breaking the downtrend, followed by an interlaced megaphone(B), and finally another megaphone(C) finishing exactly above the resistance of the symmetrical triangle
Oh, the market’s wild, up and down, One day you’re king, next day a clown! You bought the dip, or so you thought, But now that dip’s a deeper spot. You watch the tickers, heart in race, Wondering if you’ve lost the chase. “Hold the line!” the forums cheer, While your portfolio sheds a tear. Sell in May, and go away? Or double down and hope you’ll stay? Options,...
can go long on ambuja as there is big order block/ liquidity
Buy NZDUSD now as it rests on trend line support. Inverse head and shoulder seems to have formed. This pair is ready to turn bullish.
ADBE is sitting here at a key-level. I want it to hold with a target of 530-540.
Hey Everyone, Another great day on the chart today allowing us to buy dips inline with our analysis. Our bearish target on this chart complete at 2650 and just our full bullish target at 2674 still open giving us the confidence to buy dips 2650 is currently providing support for the bounce. However, we also need to keep in mind that although we had the move...
can go long after little bit selling targets are ath
Market has tapped the 15 min order block or 5 min order which is more clear. According to the analysis market can go up to two fair value gaps.