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Consildation

Nice little polr available hereGood day to you all! US Stocks have continued to hold gains up at current levels for some time now but have equally been failing to create any fresh all time highs. We believe this is a reflection of a number of macro reasons such as new covid fears, looming tightening of monetary policy and so on. However, it has pushed the NAS100 into a space we really like because ranging markets are particuarly easy markets to trade. We are expecting a retest of the liquidity pool directly above price with a nice push down later into the session to the larger daily liquidity pool below. Market makers, once finished with their move down will allow fresh buying opportunities for the instituations piling on the bull orders. Watch this space for more, Merry Christmas!
NShort
by TheTradingRoom
GBPUSD > Breakout to The Downside Might Be Coming!!Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated Analysis on #GBPUSD so my thesis is a strong dollar with weak confidence, Looking at the GBPUSD chart I see the market has not been able to rally from here and spending much time near the support trendline which from my experience traders are dumping their positions here and not willing to buy the market up, but instead may be selling at support. I will for a break of this lasting consolidation zone might be coming to an end, we might see a breakout soon then we can look o short this market and position ourselves for a strong dollar Check today analysis below⠀ >>“In Trading Losses Are the Cost of The Wins, TradingAxis.” ____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Short
by TheTradersAvenue
9
GBPUSD > Simple Trading Plan!!Analysis on #GBPUSD Hello friends. it is obvious here the pound having a lot of love from traders and they are taking every chance to buy it. with the dollar behaving as it is recently, we can expect currencies like GBP and EUR to keep rising but we a huge sheer of volatility. I am looking to trade the breakout guys, either way, is fine for me, long or short Check today analysis below⠀ >>It’s not what we do once in a while that shapes our lives. It’s what we do consistently. ____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
by TheTradersAvenue
4
New Bullish trend for Johnson&Johnson or... ?JNJ was made beautiful double bottoms where later than is made breakthrough resistance line and now he's back to testing. Setups what needs to be looking for is if the price bounce and go up, or if some correction will happen to us, ABCD pattern looking pretty interesting... If JNJ will rebound from support line, price target what we are will looking for is approx. at 186 or more if JNJ will give us ABCD patterns. Market now is in very hot situation where we will see who is gonna win at this moment, bulls or bears. Thank you for reading, feel free to leave like or comment if you like my analysis and work :)
NYSE:JNJ
by kova137
KEY UPDATE - 2021-01-04 - We only Consolidate so Long. Wait it!I have returned! And not a moment too soon it seems. I apologize for the hiatus, sometimes things fall apart, sometimes things come together, you know how life goes. Anyway, on to the chart, we looked like we broke the wedge, but then stopped @ the bottom trendline, essentially widening the wedge. this is an interesting turn of events to be sure! RSI appears to be showing hidden divergence, the price is trailing higher on the chart while the RSI is lower. We've been consolidating and accumulating for months now. The market is finally starting to cycle to alts from BTC. high cap had their day sunday, Monday has been mid cap push... Will tuesday be the shitcoin push? Fundamentally, selfkey is releasing a defi platform KEYFI. I believe all these factors will push us up to around the 2 cent mark, probably not all at once. I'm looking at this with a fresh perspective, as the market has changed a lot in the past weeks. Past targets on the way up there are still valid. This is not financial advice. But if you want financial advice, I would suggest you get some financial advice from someone offering financial advice.
KLong
by cryptosince1963
5