Entered bear channel and at least a potential retest of demand zone. However could also be a diagonal upward. Look for lower highs and lower lows on the lower time frames (5,10,15,30) to confirm this trend.
Continuation of Friday's trend. Inside bar on the 4h, waiting for a potential break of the supply zone. Market structure is favoring a downtrend.
1. Appears to be respecting the downward trend channel. 2. Clear three-point resistance that is being respected. 3. Further confirmation is needed but most likely to see 14900 by New York. Caveats 1. Resting above EMA's, need to wait for the price to go below so further confirmation is needed. 2. Powell Speach Today (so the move would either happen during...
Wait for economic catalysts to drive the markets down and then a rebound from there.
Long to just shy of 1.08. Then after that expect the price action to go down in a big way.
This candle will close as an engulfing candle. Wait for retracement then go long. This will most likely be bullish until London.
Looks to have bottomed out. Bounced on March 21 Support. Probably safer to wait to buy after fed rate hike on Feb 1. Most likely will see 150-140.
Been eyeing the sweet little ETF for a little bit now. However, I feel JEPI is in the middle of a correctional/consolidation phase. A buy closer to $50 an 8% discount from the current highs. And another at around $47, a 13% discount from the current high.
The cleanest and most obvious wedge pattern of all time. If I see it, others see it, and it will be played as such. Pending short correction incoming after 5th subwave. High probability short going into New York.
One more wave up towards. Long continuation. Momentum is trending upward towards 117.... Ending Diagonal.
Appears to be following an intermediate trend towards the downside. Short.
Daily NQ Long Then Short After Fed Hike 2023. Looks legit to me.
Daily Nasdaq Should Be Long Until FED Rate Hike on February
Analysis: Long term - This is could very much a wave four (correction), going into a wave five impulse wave to the downside. We are heading into at least a mild recession, this isn't too far-fetched ie fed minutes. Short Term (1M,15M, and 1H), Will very much most likely see a very bullish rally to the upside. But this may be short-lived as we appear to be in a...
Possible minor third wave impulse move to the downside. Have a good one. Like and subscribe if you found my analysis beneficial. Motivates me to make more. :D
Looks to be short here, follow the trend. Look for confirmation. Have a great day.