Red September, Low Volatility, FED, mixed news. The worst trading month of the year has just begun. Thi week Wednesday is more important. 2 Gaps are still open. Up from next week , we will have rarely 3 open gaps(contracts rollover). This is the firt senario was if Nasaq reaches upper gap first15850-159950. As weexpect massive short selling combined with lower...
Hello guys, When I post stuff here, these are not just ideas, I actually trade like this. So let's get started: Had a brilliant week trading last week so this week what I am looking at is this big R1 level. It is important for nasdaq to go past this level in order to see any sort of an uptrend confirmation. We saw on Friday, how hard the dollar was hanging...
In this update we review the recent price action in the Nasdaq futures contract and identify the next high probability trading pattern and price objectives
NASDAQ 100 broke the uptrend line price below SMA 100 and supply zone around 15160 RSI below 50 if price breaks support level around 15040 It will confirm bearish movement to demand zone around 14800
usoil trading in downtrend line price rejected from key level and 50% fibo level around 24.00 price below SMA100 MACD shows bullish momentum weakness RSI below 50 so its expect more selling to support level around 20.00
CHFJPY rebounded from key level and 61.8 % fibo level around 112.500 also price rejected from HVN price below SMA 100 MACD shows start of bearish momentum price forming AB=CD pattern so its expect more selling to demand zone and pattern target around 110.000
Big-time Congratulations fam on our massive sell on previous post, As our Buy-stop wasn't activated so therefore we traded the bearish reversals from 8300 to 7600.. As said on previous posts, However now we on bottom trend-line for a good technical buy(If inward bearish trend isn't broken) also with trump poor reactions tackling corona virus news released earlier...