Technical-analysis
STRIKE THE GOLD WHILE ITS STILL HOTThe 4hour chart shows a clear downtrend with multiple good sell setups done and dusted. Expecting more further downwards movement targeting the zones around 1722. Use proper risk management and have a stop loss that you're comfortable with. Have a blue pipsful weekend!
$AAPL BULL TRAP?!We saw $AAPL consolidate around the $140 mark with some average volume and then run up this past Thursday to $143. But on Friday, we saw it pull back a bit from the initial run during the early opening hours.
Volume: The run-up on Thursday was not supported by volume. This makes me believe it may be a bull trap and if I had to bet on it I could see $AAPL pull back this coming week. I still largely believe that $AAPL will pull back to the $135 support; the 200 EMA also coming in as support at that level. The SPX had the same run-up with below-average volume.
Overall Sentiment: The markets have been choppy with traders unable to decide whether the Jobs Report was a good sign for the market or not. Obviously, with lower-than-predicted numbers, we would usually see this as a bad sign. But many are watching it to gauge when the Fed will begin its tapering.
Let me know what you think.
$130 entry on solanaall the L1's look heavy, complacency bounce on SOL pretty clear, hoping for $130 entry
EURUSD Head & Shoulders? 01.10.2021If we use the Daily chart to look at the technicals regarding EURUSD we see that there is a clear Head and shoulders pattern that might explain the persistence of the EURUSD to drop.
Ofcourse fundamentals are in place too but the technicians and especially the professional ones are looking at the market from a broad view.
The next stop should be way down at 1.15 but it might take days or even weeks to see that coming.
TRX is on it's supportHello my friends,
Tron is one of pioneer projects in crypto world. It is more potential to take good dominance of market in near future.
In this chart I drove support and resistance lines to show best places to buy and sell. Even I prefer to hold TRX for future.
Please follow me and like the idea if you think it's worth it.
The Cable GBPUSD
Orderflow- Bearish
- Price retracing for deep pullback to grab some internal liquidity structure with a Bull bias for short term BUY
- Market manipulation
Price left with imbalance in price disagreement with buyers this brings back the setup for the Bears to take charge of the market again
If you find my setup useful please do like and follow
NEW ALL TIME HIGH COMINGWhen in doubt, zoom out. Following a falling wedge pattern, a bullish move is expected if structure permits. The current falling wedge acts as a W1 timeframe lower high and on the daily timeframe, we see that it is also a retest of a D1 indecision level as a new support. Extended wicks below and short wicks on top indicate bearish exhaustion with bullish pressure returning. I'm expecting price to push past the 64,900 level where the all time high is located due to the July 21st to July 30th bullish impulse creating a 38.2% Fibonacci retracement. Feel free to comment and let me know what you think.
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Hex Golden Ratio Fib Channel LongOffsetting the fib channel from my previous chart shows that this golden ratio channel is currently strong support. If this trendline continues hex would reach $17 before EOY
AUD/USdThe market also broke the R3, R2, or R1 and the Market is going is still in Downtrend and also retest the S1. I think the Market will not the breakout the S1. Because S1 is too Strong and if the market is breakout S1 then the market will move to still on Downtrend. If the market is not Success in Breakout the S1 so the Market Change the Trend .
CADJPY: ANALYSISWe saw a strong impulsive move to the downside after a long corrective phase. We shall now keep watch on what may appear to be a small flag formation before we decide whether we will take more pips to the downside or maintain a corrective phase in the meanwhile.
Share your thoughts and suggestions are welcome! Happy trading!