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G-CAP

USStraight forward, this is bullish and has no reason to stop being bullish. HH and HL are the indications of the strength of this trend. Within the channel is where the action is. Current price we bearish. For now stay away from the trade idea but rather on the movement of price. We melting downwards, which resembles the supply but not the demand because it could still be up. For now hold and wait for consolidation before wanting to enter sells. LET CONSOLIDATION BE MIMUMUM 5-10 CANDLES, this is a better confluence as this will give us a price squeeze and better direction predictions. Trade Idea : Buy Limit SL - 38680 Entry - 38835 TP - 40010
PEPPERSTONE:US30
by Mhangwane1
N1Sum of the averages within the blue boxes and that is still what I am seeing. I had a great long last week but was taken out by the SL in profit, yet it went the full direction of the forecast. We seeing a flag forming that is slightly bearish, which would allow us to place buy stops just above and a SL below the flag low, but this is the high price Nas has ever hit. So from my own observation and backtesting, before it goes through a high again. It will drop and gain momentum and spend 3-5 days pushing further up or collapsing before finally going in the obvious direction you had set out. Trade Idea : NONE sit your ass in that chair and stay patient
PEPPERSTONE:NAS100
by Mhangwane1
UJHad a beautiful setup with this last week, added entries along the way. Had a buy limit which wasn't triggered but the forecast was correct. Our aim is to be the best meteorologists out there. Current price is consolidated, which indicates that we are about to have an impulse (demand order). This will help us determine which direction we set our orders. Opening will also help give us perspective on where and what we need to look out for. But we did get a double top, so we should expect a bear run but it is not certain or guaranteed yet. If we close below 150.500 then we can start looking for entries. TRADE IDEA : wait for price first Sell Stop SL - 151.25 Entry - 150.45 TP -146.5
Short
by Mhangwane1
2
SOL - Next Stop => $200Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 SOL has been overall bullish trading within the long-term rising broadening wedge in blue. How high can SOL climb? The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of the upper blue trendline and $200 round number. Thus it would be a robust area to anticipate a potential reversal. 🏹 Meanwhile, as long as the $150 support holds, a continuation towards the $200 mark would be expected. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
4
US30This big boys came to play with NFP but was equally sorted out without regret. 4H -Serious Doji - Hanging man as the closing candle * Evening Star 1H * 3 touches on either side of the channel * Bearish channel confirmation * Rection and close under 37500 - 37400 can be the next resting place - 37300 is the next significant level should it fall 15Min - Price in a squeeze, we should be expecting a breakout next (one that will be very impulsive) - 37327 area around where double/triple bottom happened - 37520 break = Shoot up (bullish momentum)
PEPPERSTONE:US30Long
by Mhangwane1
NAS100Bounced off 16200, which was last a support in DEC 2023 and a resistance (High) in NOV 2023. Therefore level of significance 4H * Bullish engulfing candle of the low - doji followed and a possible hanging man - dive deeper for more info 1H * Bounce 3 times at 16425 : which usually is the beginning of an expected breakout - there's a potential 4th touch - next directional move will determine our stance - close above 16250, could be a change in direction - close below 16200 with a rejection (new high) of this level will be continuation to the downside. 15Min * compact candles, from impulsive break. - will impulsively open Verdict - The possible trade there is highly risky, bad RR and just placed with no expectation - WILL NOT BE TAKING THE TRADE - Waiting for better information on the market
PEPPERSTONE:NAS100
by Mhangwane1