gold analysis - 23 mar 2023hope all you man are good here's what i see on igolide!
- on the weekly and daily we are strongly bullish as seen by the long candlesticks
- down to the H4 market broke out a level of resistance and retested that level as seen by he long wick on the current H4 candlestick
- on the M30 and M15 i am waiting for a higher low point to make entry
- my stop will be a few pips below the lowest point of the range
- take profit is at the resistance level but overall projections are for the next major level of structure at 2016
- again anything can happen, market could be bearish but we will see i will stick to what i see but stand to be corrected/wrong
Blessings
nas100 analysis - 22 feb 2023- we broke through the neckline of the double top on the daily timeframe yesterday
- we are currently at an intraday level of structure where market looks like its retesting it and continuing being bearish
- currently waiting for the break of the previous low at 12052 to go short
- or if the market wants to retest the neckline of the double i will wait for a break of the 12101 level and go long on the retest, but my long term bias is bearish as on the daily we are bearish
- funny thing what i just said right now might not even happen the market could gap to a new high or low we'll never know but that's why there's risk management :)
gbpjpy analysis - 06 feb 2023my insights are as follows
- on friday morning during the london open, market formed an inverse head and shoulder pattern at a significant support level
- market then went on to break that neckline and was bullish throughout there whole day on friday
- today it is currently in a range so i will be waiting for breakout either to the upside or downside but my bias is currently strongly bullish
- so if the 159.410 price is broken i will wait for a retest on lower timeframes then place my long trades and vice versa for a breakout to the downside
nas100 analysis (28 june-01 july)here we go!
the reasons behind my bearish bias are as follows:
1. on monday we tested a key market level which is our current resistance level and closed bearish with bearish momentum as seen by the wick on top of the candlestick
2. market came and tested the downward trendline and closed below the trendline
3. on lower timeframes a head and shoulder pattern formed at the key market level
so there is a decent probability of market pushing down in the coming days and i'll take trades only when my edges occur
a huge nasdaq trading opportunity not to be missedi come bearing pips for you guys and here's how you can get them, buy going long on nas100 for the short term because the trend on the higher time frames is down. so my observations are as follows:
1. market broke out an upward trendline on the weekly and monthy timeframe
2. market sold till a major support zone on the daily, monthly and weekly
3. as the new low is formed i am looking for price to push up and form a new lower low and make another touch on the downward trendline
4. currently on the H1 a double bottom has formed so i will go long once the neckline breaks and place my trades
feel free to share your observations! go subscribe to FIRST CLASS INSTITUTION on YOUTUBE for detailed breakdowns of the market, God bless!
SWEET DE30 ANALYSIS1. we are in an UPTREND on HIGHER TIMEFRAMES
2. price BROKE a level of RESISTANCE and then OBEYED a MAJOR LEVEL of resistance and when to RETEST the BROKEN LEVEL
3. looking to go LONG on the DE30 on the formation of a DOUBLE BOTTOM at that current ZONE/SUPPORT till price reaches that RESISTANCE
4. share your inputs my fellow successful traders, God bless!
:)
Did Tesla Find its bottom? We will see; $1000+ By summer? 1hr1 hour chart!
Hey guys been following Tesla closely! Was hoping for a bull back to break trend and go down to the 400s and possibles 300's.
It looks like it may have found its bottom and we may be on track to its previous $1000+ projection!
It has got a $900 Price Upgrade this morning and The U.S. 10 Year Treasury yield is going down slowly, Tech is making a comeback!
Lets go baby! I go both ways (not litterally) Can I say that any more? Not sure haha!
Anyways I am down for Tesla to go down and ride it down and super bullish on way up!
Overall long on Tesla! but will make money on the way down!
Will update progrress!