Dollar keeps charging upwards ... DXY now reaching a swing high 🧐
Primary Chart : Fibonacci Times for SPX Fibonacci Time Zones for SPX May Show Possible Turning Dates Fibonacci proportions provide useful tools for working with price relationships and time relationships. The price relationships are perhaps the most familiar: price moves (swing highs to lows on various time frames) may be analyzed using Fibonacci...
Pivot Point: 1576 Currently: Consolidating at this 1660 level , its next support zone is at 1740 Reaction: Resisted at 1530 and retraced back to 1500 I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊 Btw you can feel free to use our designed indicators!!!...
Pivot Point: 136 Currently: Consolidating at this 136.6 level , its next support zone is at 137 Reaction: Resisted at 135.6 and retraced back to 135.2 I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊 Btw you can feel free to use our designed indicators!!!...
Price above daily pivot. Price is in an ascending channel. Price came back down to bottom of the ascending channel where a 0.618% fib zone is found. This trade should be a slow and steady rise. The yen index is very weak and the dollar index is very strong. No matter what happens, this pair will rise. The trick here is to be looking for buy entries. I believe this...
camarilla pivot points. linear regreassion channel and triangle trendlines on low timeframes
Pivot Point: 1736 Currently: Consolidating at this 1739 level , its next support zone is at 1746 Reaction: Resisted at 1732 and retraced back to 1726 I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊 Btw you can feel free to use our designed indicators!!!...
Short with tight stoploss at H4 area. targeting lower pivot, H3 and L3. if it breaks H4 it can see H5. weekly camarilla pivot points.
Price is below daily pivot. Price is in a descending channel. Rejection at 0.618 fib. Bearish divergence. Price rejection from 1hr supply zone. Targeting the next 1hr demand zone.
#Oil futures $CL_F is now having trend contraction as evident by my custom indicator (orange shade). Last time that happened was back in late Feb. Trend contraction leads to trend expansion. Looking how #oil stocks r setting up, higher chance this resolves to the upside. $USO
1. HIGH/LOW PIVOT: - Pivot Left: 10 | Pivot Right: 10 Short trend identification: - Lower Low occurs after Lower High. 2. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade. - ADX smoothing: 14. - DI length: 14. - ADX STRONG > 25. 3. SUPERTREND INDICATOR: - Short trend when closes candle is below the red line. 4. OPEN POSITION RULE: -...
Price is above daily pivot. Break and close above 4hr resistance level. Bullish engulfing patterns found on 30 min and 1hr. Supply zone failed to reject price. Price is in an ascending channel. Higher highs and lows. 1hr ADX the trending and bullish. Momentum is bullish.
Happy Monday, Happy New Week, NASDAQ has weakened after breaking 13120. 13k level has psychological importance but important level is 12 875. Further break below 12800 will spell trouble. I am still going to trade Fibonacci Confluence levels. Macro : US Chicago Fed National Activity Index Buy Break: 13 110, 200, 300 Reversal: 13 940, 830 Sell ...
Happy New Week, Happy Monday, 13400 level is still important for DAX. But the battleground is now between 13250 & 13700 for this week Macro US Chicago Fed National Activity Index Buy Break: 13 480, 590, 685 Reversal: 13 440, 360, 250 Sell Break: 13 450, 375 Reversal: 13 530, 600, 710, 780 I regularly publish my daily analysis & trading plan...
AMEX:JNUG This chart analysis would serve as a guide to a swing trader or investor seeking or continuing trades in the 3x gold EFTs JNUG and JDST. Bu setting up the ratio between the two over time, pivot points can serve as a reference to buy one and sell the other or initial position. The chart shows the JNUG price for May 2022, April 2021 and August...
Can you observe the similar price action at point 1 & 2 Where's the index moving ahead?
This week was very bearish for Gold I believe that the market is quite oversold now and we may see a pullback. As a confirmation, you can consider buying a bullish breakout of a falling wedge pattern on 4H time frame.
Today we pumped a bit but is this the retest of the 8 month trendline resistance and also the parabolic resistance we just broke yesterday? is it a kfeout? well see in the coming hours!