If we break through that support level, we'll probably head down to 28.5 or even lower. And the retail sentiment is also in line with this scenario. At the moment, most are long, and short positions are starting to shrink (check out the chart). Guys, who else sees the same level of support as us? And why? Let's discuss it
Bias: Expect early bounce. We are in an area with a lot of support and price action, could just chop around today. Top Watches: Long - VRRM, BYND, SQ, KTOS. Short - BA, INTC, HD, ADBE. Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top...
Looking for USDCAD to respect 127.5 Price Point on the Daily Anticpating a pullback to 1.26700 on the 4hr Really good risk to reward short during High volume time (London Session Close) We''ll see what happens This is a day trade, don't plan on holding it into asian unless we are in a fair amount of profit
We have the first london session of the week go bullish but nd up pulling back hard, back below 155 Psychological level on HTF's I'm looking bearish, we have bearish market structure on this intraday chart Anticpating USD strength as well, JPY being a safe haven, I expect them to move in unison
Hello All, This ^^ is my Technical breakdown of Eurusd on the 3m Chart I detail the Final 4 Trading Sessions of the Week and how I earned +7.33R. During this time period we had 2 USD Red Folder News Releases. I review our last release of the week, USD CPI and How I used it to get the price I wanted and earn +2R (2 Times my Risk) If you have read this Far , I...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Please check lastweek trade plan 1-6 Feb BIAS SHORT POSITION CURRENT RESISTANCE 1817.08 ( BREAKOUT CONTINUE LONG) RESISTANCE 1829.96 RESISTANCE 1841.60 CURRENT SUPPORT 1786.39 SUPPORT 1765.03 SUPPORT 1746.95
Interesting Structure forming at a Key Weekly Level. Strong Bearish Bias with Many Confluences. The Reversal Structure is just an Idea, another structure may form we will be keeping an eye out.