My expectations vs the possibilitiesThe long that was taken has played out well. And the short are tucked out. This does not mean that the short was a bad trade. But that we have broken a level. We have now gained and retested the level that Bitcoin has brought down.
Unfortunately, the breakout has already happened
Volume
AUD/USD continues the downtrendOn AUD/USD , it's nice to see a strong sell-off from the price of 0.67300. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The downtrend combined with the strong volume area are my main reasons for this short trade.
Happy trading,
Dale
ES (S&P 500 Futures) Day Trading analysisOn ES (S&P 500 Futures) , it's nice to see a strong sell-off from the price of 5509. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The downtrend combined with the strong volume area along with the strong S/R area from the past are my main reasons for this short trade.
Happy trading,
Dale
My expectations vs the possibilitiesAfter a trade that didnt fill. Im looking for a long and short.
Ive changed my levels.
And again im going to take a long on the level that brought us down with the new informatie that the price is giving me.
A short on the recistance we need to break before we can go up again.
I leave it to the market to determine what the price will do.
ATHGood volume build up in daily as well as in weekly timeframe.
ATH breakout with significant volume buildup.
Fundamentals are good.
Smallcap⚠️⚠️.
Business of manufacturing, selling & trading gold & diamond. There share price can fall but business can never🤔🤔.
NOTE: I do my analysis, do yours before trade.