BEWARE ON STRONG RESISTANCE PULLBACK - ADIB - 30 MN - IDEAThank you for your likes and shares! Much appreciated!
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Abu Dhabi Islamic Bank sees a range forming after a long fall. Very little chance of rapid recovery.
ADIB have strong probability to come and test the red strong resistance line.
Beware on pullback down on that line.
If the market breaks the resistance, there is a strong probability of profitable long direction profitable trade.
Wait for the market to break its actual range before any entry and follow the trend after nice candlestick showing break of ADIB actual very narrow range.
Entrepreneur
ANGLE GARANTEE FOR UPTREND - 05930 - SAMSUNG - 240MN - IDEAThanks for your likes and shares! Much Appreciated!
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There is two different channel levels. The support , if broken, could possibly see a change in the future. BUT, for the moment, the slope is likely to be a safe one for uptrend entries.
Samsung 05930 price is recovering slowly but safely!
BEWARE OF PULLBACK ON RESISTANCE - CAC40 - 30MNThanks for your likes and shares! Much appreciated!
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The market is in a recovery mood . The actual range can possibility be a good entry for a short direction profitable trade.
The upper level can possibly see a nice entry for long direction trade, BUT, beware of pullback because it is a strong resistance line. If pullback happen it will be a even better entry for Short Direction Trade!
iIMPORTANT PIVOT - SHORT TODAY - ES1! - 30 MNThanks for your likes and shares! Much appreciated!
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Nice short entry possibility because of the pullback on the resistance line.
If you are here now, there is a high probability of getting profits in the short direction.
LOSING POWER - REVERSAL TREND IMMINENT - ZN1! -30MNThanks for your likes and shares! Much Appreciated!
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We observed some nice steps broken up one by one and have seen the ZN1! price increasing. We are probably arriving to the end this momentum . The top black resistance line, if broken will announce a continuous uptrend. Higher probability is a pullback down from that zone.
The support uptrend line is also a good entry for a trade in the short direction , if broken . Next supports and breaks can be taken from the different ranges marked in the graph with horizontal blue lines and blue squares.
Wait for the market to break the latest blue square up or down to have increased probability on a successful trade.
GBPCADHappy Sunday Traders,
This pair is currently pushing down very strongly on the daily chart and is approaching a Weekly Support Zone. This is an area that GBPCAD has tested multiple times in the past as support and is possibly an area that we could see a nice counter-trend bullish bounce out of this market. For that reason, I will be looking in this area for possible long trades this week.
Weekly Support Zone (Grey Zone) = (1.65470-1.67920)
S&P 500 - 240 - IMPORTANT POINT - 2X GOOD SHORT ENTRY POINTSThank you for your likes and shares! Much appreciated!
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The market is at a very important price which has been a reversal point lately (Fibonacci 78.6% ). This price is a strong resistance now and could become a strong support if the market moves upwards.
Upwards, the market former uptrend will be the limit where an amazing short entry point could be expected with possible nice pullback down.
In the other side, downward, if the market breaks its horizontal ranging support with a nice candlestick, there is a high probability to see the market going down further with an interesting short entry point (targeting Fibonacci 23.6%).
Timing:
From middle of next week to middle of the week after. (Wednesday to Wednesday)
2h TO TRADE - VERY STRONG SUPPORT TO WATCH OUT - TN1! - 30MNThank you for your likes and shares! Much appreciated!
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The market has shown amazing entry point for a long trade down. The formation of a large wick followed by volumes later on gave us very profitable trades today.
The support line is very strong and the market failed to break it . This is it for today!
Another tentative might come in the next 2H but for the moment any entry done will be in the long direction. The probability of seeing the market rebounding on the support trend line being very high.
Trade from Monday and keep an eye in this strong support line.
BREAK IMMINENT BE READY FROM 6AM TO 10AM CST - GOLD- GC1! - 30MNThan you for your likes and shares! Much appreciated!
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The market profile at the moment is providing opportunities to trade the Gold GC1! from 6AM to 10AM.
Time when we observed huge movements recently. The market used again that time frame to jump from the previous range to the new one.
The market is at the moment very flat. The Support and Resistance lines are very important. A break could possibly lead to a another range in the upper side or in a fall in the down side as we can observe that the historical uptrend support in passing through the New gold Range.
Beware:
If the market decides to break the resistance , then we can possibly reconsider the dotted green uptrend line as new point of support for the price calculation.The market has approved that hypothesis several times has shown in the presented graph. Every time it has touched it, we have noticed a nice movement following.
PROBABLE GOOD SHORT ENTRY IF RESISTANCE BROKEN - US30- DOW JONESThank you for you likes and shares! Much appreciated!
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The market has moved down a bit to bounce on the historical support uptrend line.
Bigger candlesticks have shown pressure to move downward. The market have found enough strength to return to its narrow previous range (before the break).
This ranging movement is not a real one, it is actually the market moving around historical level which has been a very important pivot point.
Therefore, beware of a sudden change in market profile.
Lastly but not the least, the top dotted historical support is very important because close to the TOPS of this market lately (30 April). There is strong probability if the market goes around that resistance line to benefit of a nice short profitable entry point.
If market breaks the top resistance, stay out of the market to analyse again, this will announce a big change. It is the least probable scenario at the moment but lets keep it in mind.
COMING SQUEEZE DOWN BEFORE PRICE RISE - JUNE - TVIX - DAILYIn a decreasing trend at the moment, the TVIX market is in a channel that sees its tops declining when the bottoms are being repeatedly bouncing on the support line. Buyers and Sellers are arriving to a crossing point slowly. Unless we notice a break on the support/resistance in this channel, the probability of seeing the market going down further is strong.
If you hold positions above the actual price, all depends on how long you can wait and hold on your losses.
The market will probably from the middle of next week give us more hint in what it wants to do. Better wait two weeks at least, the beginning of June and the second week of June would possibly be nice to trade (Meaning more volatility)
EXIT AT NEXT GREEN VOLUME - CAREFUL AT SQUEEZE - ZN1! - 30MNNOW!Thank you for your likes! Much appreciated! Please share for the benefit of everyone!
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The ZN1! market has changed it shape just in front of our eyes . From a ranging trend it is now opting for a long run down.
Beware of possibility to see a squeeze happening and the market going back up be fore returning to its new downtrend.
We have observed several long wicks in different time frames 1MN, 5MN, 15MN . This acceleration is a good opportunity of easy profit on the ZN1! after the previous end of week being very calm and monotonous.
Crucial point: 138.30USD
NZDJPY LONG
This pair is currently in a downtrend, but like GBPCAD, it is now pushing down towards a level of structure that is a major level. This is a level that could provide a nice counter-trend bullish bounce out of the NZDJPY. For this reason, I will be looking in this grey area this week for possible long trades.
Weekly Support Zone (Grey)= (61.180-63.00)
SAUDI ARABIA WEATHER = LARGE & NARROW RANGE -$TASI- 3OMN - IDEAThanks for your like! Please also share to benefit the most! Much appreciated!
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The all Saudi Arabian shares index TADAWUL have seen first an acceleration of the fall to finally recover a little bit lately.
Now in a narrow range, we can see that it is framed by a wider range still legit.
Zone 1 and zone 3 are the next possible moves . Lines will be broken probably by a large candlestick or a large gape.
In fact, we have seen the market jumping from one range to another just by using "impulsive gapes".
This market doesn't offer much data , the study of the candlesticks reveals that actual support has been tested several times but not been broken.
If the market goes beyond, this will possibly be a smart entry point for long fall.
In the other side , the actual resistance (narrow range) seems to be less strong and possibility of seeing it broken are also likely as it is a very weak point. This will go in the sense of a consolidation of the price.
PREPARE NEXT WEEK FOR #PROFITABLE ENTRIES - INFY - 30MN - INDIAThank you for your likes! Please share to benefit everyone! Much appreciated!
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High potential of profitable entries next week as the INFY INFOSYS price has returned to its historical super strong line .
This line has been reverting from powerful support to massive resistance line.
The market has a high probability to go away from this actual point. This elastic movement could lead in the future to a new type of trend.
Above the price, the first resistance R' which can become a pullback point . Same for under, the support S' which can be a point of pullback up . This showing a new ranging trend of the INFY.
Breaks might happen:
- If the market breaks the S' support line , we could observe a nice downtrend before observing a recovery back to the black center line.
- If the market breaks the R' resistance line , we could see the market first testing the previous uptrend support line which will become a potential pullback zone.
Keep in mind:
The volume down there is important and has to be higher than the dotted line traced i n order to make a decisio n having better probability to succeed.
WAIT PULLBACK ON RESISTANCE - 6J1! JAPANESE YEN TRAPPED IN RANGEThank you for your likes! Really appreciated! Thank you to share with everyone in the community.
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The market is trapped in a range . Wait for a break of the support/resistance.
The resistance has been tested several times . this has increased the probability of seeing a pullback
happening again at that price level.
Solution:
- Wait for pullback on resistance or break of support before entry.
-If you are already in, take your profits when possible and wait strong signal to enter again.
ENTRY - 2 WEEKS ONLY TO ANALYSE DX1! - US DOLLAR - DAILYThank you for your likes! Please share to benefit our community! Very appreciated!
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Historical trend tell us that at the moment the DX1! US DOLLAR INDEX FUTURE is evolving above his past long range and might return to it from next month.
The probability is increased when we see that there is a pressurized triangle shape with a strong resistance and an uptrend support which can be broken because of its angle.
Keep in mind that the market has top and bottom pic s which are still strongly in the memory of the investors.
What to do ?
- 2 weeks to analyse the market
- Prepare to enter in 2 weeks or 3 ready to make profits.
Probability:
- Higher probability to observe a market reversal trend
- Market have still chances to break the resistance line. If this case happen, wait for the uptrend to vanish to enter short. Short entry stays still more interesting.
HIGH VOLUMES ON CREDIT SUISSE - PREPARE NOW - TVIX - 30MNThank you for your likes! Much appreciated! Please also share to benefit to the community.
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After a long run down, we notice that the TVIX is suddenly running in the opposite direction.
Huge volumes are present now . Possibility of a live observation of the end of the uptrend.
Prepare to enter , with a probability of seeing the price returning to the blue doted line corresponding to an historical resistance .
If you already have positions and could gain through this up move, it is time to get out and wait for new entry.
RANGING NOT INTERESTING - ZN1! - 30MN - My IDEAThank you for your likes! Share to benefit Max. people!
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The market price has stopped its downtrend by breaking the lines up to its present level.
The market has been ranging even if we have seen some great levels of volumes. This means that it is not interesting to trade it today.
Wait for strong break accompanied with nice volumes before any entry decision.
ENTER SHORT NOW - LIVE TRADE - ZN1! - 30MN - OPPORTUNITYThank you for your likes! Please also MAX. Share! Very appreciated!
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We observed that the market has tested the resistance line several times .
Now that the volumes have broken our signal rectangle , and, at the same time, the market illustrates the formation of a long wick perfectly on the resistance line, the probability of seeing the market pulling back strongly are increasing.
The market always decides, so keep in mind that the next candlestick will be crucial and possible entry for a Short trade.
Alternatives:
If the market breaks the resistance line with a large candlestick larger than the one before, then, the entry will have to be confirmed with the following candlestick for a Long entry.
IMPORTANT TO WAIT FOR BREAK - GAZP GAZPROM - 30 MN - MY IDEAThank you for your likes! Really appreciated! Please also share to benefit as many people as possible!
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GAZP GAZPROM price is ranging after a long run down and some consolidation, finding a balance now.
The trend can change if the market evolve out of the boundaries illustrated by the two parallel blue lines acting as natural support and resistance.
If you are already in the spot, taking small profit to get out and waiting a better opportunity would be in line with the probability of seeing the market breaking the lines and creating a chance to understand in which direction you should invest.
WAITING FOR BREAK!
DECISIONS FROM MIDDLE OF COMING WEEK - SBS - 240MN - MY IDEAThank you for your likes! Very Appreciated! Please Share also to help as many people as possible. Enjoy!
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We observed that after a long run down the market have found some power to stop the fall.
The market now moves in a range. We observed that the tops are lowering while the bottoms are increasing and doing their pullbacks on an increasing support line.
Monotone movement up and down in this range will see its end during next week. Probability of seeing more explicit moves from the middle of the week. Maybe first signs will show up from Tuesday.
Decision:
-Line are broken and you follow the trend
-Wait until market reaches back the resistance line to enter Short on a pullback down or Long on a significant break up.
Question triggering the community:
- Is it the right time to buy Brazilian Share?
Leave your comments on what would be your answer?