1. Trading in a box range from a long time and now closing above resistance of 307-309 2. Closing Above 200EMA 3. Volume>Volume 50MA 4. RSI=70 5. ST and MT Outlook: Long Buildup Entry: Near CMP 311.90 SL: Below 307 Exit: 318,335
DXY rejecting to break out of this wedge, stochastic RSI was signalling a bearish move! - actually signalled bullish shortly after, but couldn't manage to break out of these level's. *next event CPI July 12th - if CPI is better than expected then I would expect the DXY to keep falling. *Bullish for asset's and would expect weakness in the dollar to continue...
* Daily timeframe: New low * Current timeframe: 1- Short trend when Swing Low (1) & EMA 21 under EMA 50. 2- Swing Low(2) is continue & High still under Swing Low (1). 3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss). a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)... b/ Wait to...
Courtesy of the famous market psychology image from Wall Street Cheat Sheet. We will continue down, but it is only temporary. The market will be stronger than it is today in a few years
USDJPY "Bearish scenario" could be activated after crossing under 143.900 "Bullish scenario" will be valid after breaking the trend line
it is a good TR and a lot of LQ is set under that area and when price recive to that area we can get a buy position
Trading position XAUUSD has started a bearish trend after breaking its channel. According to the chart, you can see two trading positions In the first position, we can enter a sell position with 0.5 or less of the balance, and in the second position, which is less risky, we can enter a sell position with a maximum of 1% of the balance. The details related to the...
This is, of course, a joke title. But there is a strong feeling that today's news will not produce the expected effect and the markets, in particular gold, will continue to drift in the corridor. Everything is fine, of course we can endure ... But what to expect? What could be the decisive impulse and start the expected so-called "rally". To be honest, I don't...
USD/AUD coming into diagonal resistance, we could see it rejected and falling away. If we break through, there is room to move up to the next horizontal resistance zone.
When price clears: Safest: 132.06 Riskier: 128.32 With average daily volume. Target: 140.50 area Stop: Depending on your risk tolerance; 124.28 gets you 3/1 Risk/Reward from 128.32, 129.25 gets you 3/1 Risk/Reward from 132.06. This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or...
When price clears: 146.40 With daily volume greater than average. Target: 176.00 area Depending on your risk tolerance: 136.53 gets you 3/1 Risk/Reward. This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
According to the chart and also according to our time until the release of CPI data, we can expect an increase to the range of 20-20.5 in this index.
I planned to open buy positions near the lower border of the H1 range (30K). But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market. The price was below the market opening. (✔️) The price was below the level of the First Buyer of exchange...
"Bullish Scenario" will be activated after breaking 1939.50. 1st tp is around 1948. "Bearish Scenario" will be activated in case of price crossing the bullish-trend-line under. In that case a reaction to the 1917.400 could provide a long opportunity there. If Hawks seems to be more powerful in FOMC meeting, you should wait for the "2nd bearish scenario"
"Alternative Bullish Scenario" could be activated if there will be a reaction to the 0.85430. Bearish limit orders could be put lower than the zone
These are scenarios I could imagine for EURUSD! Technically, The Bearish scenario is more likely. Don't forget about your "lower time frame" setup or confirmations. Personally I prefer to observe order flow in LTF not the confirmations. The Federal Open Market Committee (FOMC) Meeting Minutes is on the way this week and could change the market directions.
This is how I analyze the crypto market with the 200 EMA as the base indicator to identify the different between the bitcoin, total market capitalization and the altcoins market capitalization. Based on the structure, we can see that the recent bull run is mainly affected by the movement of the bitcoin. The interest in altcoins literally is going down as of now....