Reverse C&H formed on the AU200. We had a very weak break above the neckline showing the bulls are not as strong as they ought to be. This comes with a Warning because if you zoom out you'll see an even larger Box formation (range traded area). One can place a stop loss but I would put it below the entire C&H to stop the chop. 7>21>200 RSI>50 Target...
Yesterday was massively profitable for me. Today, once again lets see how price will react towards my expectations. Note: Am not a mentor, i am just a random guy who journals his trades on TView for trading community to read and comment their opinion. This not a signal hence copy at your own risk! Kings.
We are using our POW reversal strategy for this trade a UK100 long. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too...
Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. Trade has been live since 2:45 UK time. We're looking for the green line which is take profit target. Little red short arrow is entry point and purple line is stop loss. Previous trades can also be seen on chart. Both were long trades one hit SL and...
will be another interesting morning tomorrow. important levels are marked. will follow market either short either long.. stay tuned
Banknifty saw a super trending move in today's session. It opened a gap up Formed Bull candle in the first trading hour, usually, first-hour price movement sets the tone for the whole day and bingo banknifty saw trending candles all throughout the day. Now, it closed near the Highs, from where we saw a sharp correction in Feb 2021, thus this area might again...
For the DAX, we expect that the course will come back and reach the trading zone for a second time. Then, the course should have enough power to push through the resistance at 16024 points and further increase past 16900 points. Keep trading!
The latest decline should only be of temporary nature. We stick to our prediction that the Nasdaq will increase again soon. In total, we expect the course to rise to regions around 15941 points. There, a correction should pull the course below 15517 points. Don’t panic!
We expect the Nasdaq to continue its corrective movement and reach an area around 15139 points, followed by an upward move towards 15606 points. It is important that the course does not fall below 14851 points. See you next week!
The German DAX is set to enter the yellow trading zone. We expect the DAX to fall between 15530 – 15140 points, before starting another bullish rally. However, until then, it needs to stay away from the resistance at 16024 points. Be prepared!
The German index has had its troubles with the resistance at 15806 points. However, the longer the course is stable and close to this mark, the more positive are we that the final push will come soon. Once above 15806 points, we expect the course to reach new all-time highs around 16591 points. Patience is key!
As things stand right now, the Dow Jones is still indecisive in the sense that the bulls on this market were not strong enough to push for new all-time highs. Most importantly, the Dow needs to cross the resistance at 35000 points in order to show us that the following movement towards 36401 points is in full effect. Once this mark is reached, we face another...
The situation around the S&P500 is pretty interesting right now. We are just a small step away from the mark at 4258 points. Once the index solidly clears this level, we have approval for continued growth towards regions around 4400 points. Follow us for more!
The Nasdaq is pushing and pushing while looking stronger than ever! After fully clearing the resistance at 14225 points, we expect the tech index to further reach for quotations around 14680 points. So, everything is more than fine here. Good times ahead!
The Dow Jones has been relatively quiet for the past couple of weeks. Our primary expectation is that the course is going to decline and dip into the target zone with the coordinates of 32850 – 32430 points. From there, we expect the course to increase again and reach new all-time highs. As long as we are above 33646 points, however, there is a 45% chance that the...
FRA40 Long Position Entry: €5,644.6 TP & RR: €5,688.0 Stop Loss: €5,627.3 REASONS FOR THE TRADE Breaking up from a descending triangle, I expect the price to retrace slightly and then continue the up move. Stop Loss is set below the trendline and the target is at a resistance level. Market Flow indicator show a clear move up. The trade is slightly in...
Bank Nifty looks - Bullish If it crosses 25230 level then it will be a rocket. GO LONG. (Careful with Gaps) Bearish If it fails to break and If you find any sort of Rejection GO Short. (Careful with Gaps) It's my view, I'm not the future predictor. Stick with Risk/Reward.
Hello Fam! Short Reasons: reformed head and shoulders pattern and now breaking out. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!