Furutres
ZB Shatters Resistance Level on 15-Minute ChartHello Traders,
There is a big potential bearish opportunity in the ZB market! The 15-minute time frame just showed a break in a key support level, indicating a potential downtrend. With this technical signal, combined with current market conditions, it's possible that we may see a further decline in the ZB price. Keep an eye on this market and follow me for more updates on potential trading opportunities!"
Tell me what you think
Regards,
The Mehdi
Stock futures rose in overnightStock futures rose in overnight trading Monday following a brutal week as investors assessed a more aggressive Federal Reserve and rising chances of a recession.
Futures on the Dow Jones Industrial Average jumped 433 points, or 1.45%. S&P 500 futures climbed 1.67% and Nasdaq 100 futures also rose 1.7%. U.S. stock markets were closed earlier Monday for Juneteenth.
The major averages just suffered their 10th losing week in 11 on fears that the central bank will hike rates aggressively to tame inflation at the risk of causing an economic downturn. The S&P 500 dropped 5.8% last week for its biggest weekly loss since March 2020, dipping deeper into bear market territory. The equity benchmark is now more than 23% off its record high from early January.
The blue-chip Dow slid 4.8% last week, falling below 30,000 for the first time since January 2021 last week. The tech-heavy Nasdaq Composite slipped 4.8% last week, down 33% from its record high.
A Quick Vision On #BTCThere are 3 scenarios we’d have here about the #BTC 1H chart that I clearly marked on the table for you, this is not an actual signal or something, so don't take any positions on it, and as you remember I guess we talked about #USDT.D’s chart that how bullish that symbol is, so take double “found management” at this point and stay safe!
Japanese Candlesticks: learning to read and understand🕯
✅Japanese candlesticks are the most popular way to read the price movement on charts. They are visual, easy to learn and the main thing is that they work.
✅The first mention of candle patterns can be found in the Japanese rice trader Homma Munehisa in the 1700s. Almost 300 years later, candles were rediscovered by Steve Neeson in his book titled "Japanese Candles. Graphical analysis of financial markets".
✅Candlestick charts provide much more information compared to linear charts and are currently the preferred market analysis tool for traders and investors.
What are Japanese candles?
🟢Each of the candles tells us four facts about itself: the opening price, the maximum price movement, the closing price, and the minimum price movement.
⏺A bullish candle is formed when the price rises. In financial markets, the term bullish means a long position or a buy.
⏺A bearish candle is formed when the price falls. In financial markets, the term bearish refers to a short position or sale.
❗️The body of the candle is the space between the opening and closing of the candle. If the body is green, it means that the closing price of the candle is higher than the opening price. If the color is red, it means the closing price is lower than the opening price of the candle.
❗️Candle wicks represent the highest or lowest points that the candle has reached.
🟢Each candle represents a selected time frame or time interval during which it opens and closes. For example, on a 4-hour chart, candlesticks open and close every 4 hours.
🟢If we line up several candlesticks, we can compare them with a linear chart. Candle wicks also show price fluctuations. Thus, we immediately get the maximum information that we need for effective market analysis.
⚠️A trader who knows how to analyze and interpret candlestick patterns or patterns already understands the actions of financial market participants a little better.
❤️ Please, support our work with like & comment! ❤️
AVAX Short IdeaWe have ongoing uptrend on HT but in LT we've broken the uptrend with a LL. On 30M TF 200 EMA is support at the moment . We need a bounce off of it to the north so the RSI and MACD can cool off and a LH to be created so the new downtrend to be confirmed. I am waiting for a bounce and further downwards move or break of the 200 EMA to the south and retest to enter a short position.
NFA
TORRENT PHARMA ::: BEARISHINSTRUMENT: TORRENT PHARMA
TYPE: F&O
TIME FRAME: 1HR
TREND: BEARISH
PSAR: CONFIRMING BEARISH TREND
STOCHASTICS: CONFIRMING BEARISH TREND
SELL BELOW: 2256
SL: 2273
TGT 01: 2208
TGT 02: 2189
Technical analysis on FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Gold Futures continue to rise!The price can make one more possible rising before the global pullback.
If you are in Buy position you can hold more to 1804.0.
Then I will look for a Sell entry.
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EURUSD 6E1! plan for 30.07.2019EURUSD remain weak. I expect main move continue down.
Price between two levels daily support and 1.1155 and hour resistant at 1.1233
Best point for enter short near 1.1233.
Also, I need a bar UP with high volume.
All trades I open only between 9:00 AM - 11:00 AM Chicago time.
My Loss/Profit is 1:4 per trade.
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