NZD/USD likely to fall!Hey tradomaniacs,
NZD/USD has re-tested a strong resistance-zone aswell as the current trendline.
Also see how price moves to the previous PoC, which could act as a resistance here.
Overall a great spot to short if we get more risk-off in equities.
Technically its good to wait for a break below the lower resistance-line of the zone to get a g ood confirmation as this would define a fakeout.
Let`s see =)
Daytrade
LUNA2 Looks Like it Wants to Test The Range Highs Very SoonIt looks like LUNA2 is still trading at the lows of the Range and has formed a small Bullish Gartly at these lows with some Bullish Divergence on the RSI I think we will see LUNA2 rising towards the highs of this range in the midterm while LUNC continues to decline into the One-10-Thousandths .
USD/CHF likely to move UP!Hey tradomaniacs,
we could see another spike up wit the current re-test which is showing absoprtion in the future-market by sellers (USD/CHF - Buyers).
Don`t get confused as this future-chart shows CHF/USD...
Could be a good one but I`m still cautious due to FOMC this week, so market could be volatile and uncertain.
S&P500 (ES500) likely to move up ..high riskHey tradomaniacs,
todays morning orderflow looks fishy and we might see a move up due to trapped sellers getting fooled by iceberg-orders.
If aggressive buy-pressure comes up soon and sellers give up against the whales we might see a correction to the upside.
I`ll give it a shot even tho its a very risky trade... let`s see
EUR/USD likely to fall!Hey tradomaniacs,
looks like we got trapped buyers in the market means we could see a at least a retracement or a complete drop with the test of the current resistance-zone.
Market has been a little bit tricky due to weird correlations but I will give it a shot and short EU here.
What do you think?
GBPAUD scalp presents 👀GBPAUD short has alerted.
Trend trade identified and entered.
Working M30 timeframe on this strategy.
Trade details can be found on the chart in printed label.
Working to TP targets on the printed label.
Trade box is tracking the trade.
Looking for a quick scalp here on this pair.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
SPX500 about to fall!Hey tradomaniacs,
looks like SPX500 is ready to fall again soon unless news give us any other input.
So far Market-Depth has shown on overshoot with trapped buyers right at resistance.
Another re-test with e.g. SL-Hunt could confirm this setup! Technically a good spot to sell.
Let`s see! =)
EUR/USD with another move DOWN!Hey tradomaniacs,
previous breakout of the consolidation could give us a nice opportunity to follow the momentum as soon as structure gets re-tested.
Since EUR/USD gets traded around the parity I`m very cautious with shorts as price could get stabilized and manipulated by the ECB as the reputation of Lagarde & Co is already suffering.
However, technically a good chance if confirmed to trade down to the key-support-zone with a nice Risk-Reward.
AUD/USD Likely to fall!Hey tradomaniacs,
looks like AUD/USD wants to continue with the previous breakout to move down.
Current dissapointment by Jerome Powell saying they won`t ease their monetry policy in the upcoming future caused another risk-off-mood in equities and a strong US-Dollar.
If we see more sell-offs on indicies be ready to short aud/usd - Technically a good spot to sell!
USDCAD possible Short reversal on the 5-15mins tmWas watching this 15 min Supply OrderBlock on USDCAD for a possible reversal.
Price is showing me Potential reversal signs so i'm placing an Risk entry with a target to unmitaged Demand.
If price already fills this demand i will remove this Short.
No financial advice just an insight on my ideas on USDCAD and possible entry.
USDCAD Supply orderblock i will like to watch.I will be watching this OrderBlock becasue price has some unmitaged Supply and with the price action on the 5/15Mins its possible for price to reverse becasue its now in excess price from the 15Min uptrend.
Price also has some trapped volume in it by retail Short trades taken on the orderblock below
I will only enter a Risk entry if price creates a good entry model shown on the chart, Its becasue overall price action is Bullish.
CADJPY SCALP SHORTHi Team
This is a short and sweet technical chart analysis.
We are in a short consolidation phase (likely due to low market volume) at the end of an ABC correction for this pair, sitting just below regional pyschological resistance.
I expect a drop at least to the 1H ascending correction support, if not further.
This is a straightforward trade - clear invalidation level marked, and high probability TP.
The markets are moving with low volume at the moment, so I will only be posting ideas with merit. Likely will see more from me tomorrow.
Like what I do? Please like, comment and subscribe!
Good luck, Trade safe
DrBear
SPX500- SPY ETF trading idea -day tradHi Traders,
Market sell off on Friday due to Jobs numbers beat the expectation. Which is going according to FED plan.
Next week on Wednesday CPI data will be release which will be main report for market.
Key levels are same for SPY as I mentioned in last update.
Watch the Premarket high and low for resistance and support.
Thanks