I know You are really into going up but We have Important Resistance in this way and If price want to go higher (I don't think so) it should cross this Resistance! We are in last 3 months of year :)
USDCHF - 24h expiry Short term bias has turned negative. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Preferred trade is to sell into rallies. We are trading at overbought extremes. A higher correction is expected. We look to Sell at 0.9169 (stop at 0.9201) Our profit targets will be 0.9094 and 0.9074 Resistance: 0.9107 /...
Buy at given price with the SL. Holding time is 2-3 week.
Ethusd is retesting the resistance zone at 1650. A lower low is expected on the four hr tf. Target will be 1597.
How I traded PLRT chart, entered based on 30 mins candle
United Airlines Holdings - 30d expiry - We look to Buy at 41.05 (stop at 38.25) We are trading at oversold extremes. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. 40.43 has been pivotal. Setbacks should be limited to yesterday's low. This stock has seen good sales growth. We look to buy dips. Our...
XRP - 24h expiry - We look to Buy at 0.5071 (stop at 0.4951) Trend line support is located at 0.5070. The sequence for trading is higher highs and lows. We look to buy dips. A lower correction is expected. Prices expected to stall near trend line support. Our profit targets will be 0.5371 and 0.5431 Resistance: 0.5200 / 0.5280 / 0.5335 Support: 0.5150 /...
Update Gold 6/10 I predict that whales' Sell orders will close liquidity before the Nonfarm news, somewhat releasing the sell-off volume, to bring Gold back to the balance to recover after the sell-off. Through the beginning of next week we will continue to sell off again. Because we haven't scanned the bottom of the first quarter yet and haven't reached point...
We are still in Bear mood! But for resting we can Long here till 1.0559.
A support and resistance diagram for the FTSE 100 provides a visual representation of key price levels where the index tends to find buying or selling pressure. This tool is widely used by traders and analysts to make informed decisions about their trading strategies. Here's an overview of what such a diagram may look like: 1. **Horizontal Lines**: A support and...
AUDUSD - Intraday We are trading at overbought extremes. A Doji style candle has been posted from the high. This is negative for sentiment and the downtrend has potential to return. We look for a temporary move higher. Further downside is expected although we prefer to sell into rallies close to the 0.6370 level. We look to Sell at 0.6370 (stop at 0.6402)...
EU seems bullish @ 0525, SL at swing low. Let's see how it rolls.
Ethereum - 24h expiry - We look to Sell at 1623 (stop at 1655) Posted a bearish triangle formation. A break of 1625 is needed to confirm the outlook. The lack of interest is a concern for bulls. The bias is to break to the downside. We look for losses to be extended today. Short term momentum is bearish. Our profit targets will be 1543 and 1523...
Kinder Morgan - 30d expiry - We look to Buy at 16.15 (stop at 15.51) Support is located at 16.00 and should stem dips to this area. 16.00 has been pivotal. Offers ample risk/reward to buy at the market. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. Prices have reacted from 15.89. 16.00...
HS50 - 24h expiry - We look to Sell at 17740 (stop at 17940) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Price action looks to be forming a bottom. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. The trend of lower highs is located at 17928....
EURAUD - 24h expiry Broken out of the channel formation to the upside. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.6625 will confirm the bullish momentum. The measured move target is 1.6700. We look to Buy at 1.6500 (stop at 1.6440) Our profit targets will be 1.6640 and 1.6670 Resistance:...
Will this previous resistance act as support for SCHW? It is also at psychological round number of $50. I am bullish.
if this market opens with a gap to the upside it might be worthwhile to look for bearish opportunities