Should we Buy NAS TODAY?AHE Traders
Should the market respect that support i am buying it (short-term) to that 13255 level
Solution number two is should it break the level of support its approaching i will be more than happy to take sell setups
Be sure to respectfully comment your perspective GOD Bless.
Lovetrading
AUDUSD - SellHello people!
On the Australian dollar chart, we are close to the opportunity to sell, if we are patient and the price reaches the drawn supply zone, I will wait for a signal and possibly sell! Since we have a sharp trend at weekly TF, I expect some price reduction before strengthening upwards ...
ABNB primed and ready.Hello Traders,
If you missed the big move, don't fret, it looks like there's plenty more upside from here.
As you can see, the price action tells a pretty clear story. ABNB is a BUY.
Let's analyze the chart. ABNB gaps up after the stronger than expected earning report, moving far above the September resistance that had it in a channel.
Once it makes it's move to an ATH, it pulls back setting up for another move higher. The pink and purple lines are the 50 and 200ma's that I'm referring to.
I made some other notations on my chart, as you can see, my custom indicators picked up on the big moves in advance (feel free to ask or check out my page about those).
I wouldn't be surprised if we see another 7-10 points higher in the next week.
Current Support sitting around 203.40, Resistance around the 211.34 (ATH), if that breaks we could quickly see 215+.
We will know more after post and premarket price action, but I like this setup.
Let me know your thoughts!
Comment, Like, Support, etc.
Cheers,
Mike
Swing trade opportunity on EURUSDWe have clearly had a surge of downside movement in the last two weeks
Now what's occurring currently
1.Market is respect a weekly strong Upward trendline
2.It is not breaking below in lower timeframes
3.Last 24 hours we have seen cluster of candlesticks on the hourly charts
Hey Tell me what you think about your opinion will be highly appreciated
GBPUSD Trendline RetestWell as simple as I can say is we in a uptrend and what do you look for in a uptrend BUYS
So we have:
-Strong Upward Trendline
-D1 and H4 held trendline for some days
-We had a cluster of Candlesticks in which we ended up getting a bullish engulf up then right now failing to close below.
-Making Higher lows
Enter at your own risk
Do re analyze conclude from there
JPY Market insightThe higher Timeframes tell us we Long term Downtrend however we have seen less intent of movement to the downside.
Things to Consider before a Trend change:
1.Break of previous Lower high .
2.Create new Higher highs x2 or move
3.Reject Broken key levels.
Till then we should be considering selling on the Long-Run
EURUSD Insight before NFPNon farm payrolls coming up all technical and fundamentals to be put to the test today let's go traders bring it home.
Well from the weekly up to our lower time frames the EURUSD is in a clear UPTREND we should be looking for buys only now.
Confluences
1.Market on the 4h time frame has been consistently Breaking structures.
2.Market has been and should continue to create more higher highs and higher lows.
3.Our last intent movement was to the upside
4.The market has been slow at retracing to the downside
All that's left is to wait and see
N.B This is not a signal it's a overview be sure to confirm through your back tested strategy before executing any orders
GBPUSD Sell set-up forming. Nice potential swing trade 90Pips+This set-up shaping up so good .
We noticed that we have been in a down trend Monday we had a push up phase however I noticed on the chart there has been a loss of intent to the upside furthermore with the dollar weekly chart signalling upside movement it is clear to see why this is stalling at resistance point.
Confluences so far
Lower highs and lower lows are being created
We not breaking structures
More to be concluded on New York session
GBPJPY Outlook last Wednesday of August trading dayI Expect to see some futher continuation to the downside let's look at the reasons why.
Confluences
×Market is failing to make new higher highs nor is it creating any higher lows so it means there's a short-term loss of intent for price to roll up.
×On daily structure we currently didn't manage to close above previous lower low point
×we in a down trending market why would we want to oppose what we see happening.
Some liquidity taking and few candlesticks confirming should result in us taking sells.!
Feel free to add input because in this trillion dollar market we learn everyday