This is my weekly analysis for SPY. Understand carefully and if you have any questions do not hesitate to ask. NOTE: DO NOT SHORT
We have NFP today, NAS100 is forming a bearish trend, it is at a resistance level and we should see massive sells to the downside at the the open of the New York session and at the release of the NFP reports.
The price has been forming a falling channel for the past few weeks. The lowest low of the trend formed a double bottom , which is an indicator that the trend was to be a bullish move. The price is now at the top trendline of the channel. I anticipate that the price might continue with the bullish run, and I have 2 possible scenarios of the entry zone. The first...
good morning you lot hope you guys have a profitable trading week! my expectations on nasdaq for this week are to go long on it and my reasons are as follows 1. we formed a double bottom and broke it's neckline on the daily timeframe 2. there was a breakout of a downward trendline also on the daily timeframe 3. market has formed a new higher high and broke through...
As you can currently see, Wall Street has been in an uptrend for some time now. He has been very receptive to the trend and also the trendline lately. As you can see, the 200ema has also been retested. The following will happen. as you can see there is a bearic divergence. The target will be the trendline/fibonacci point 0.618. This is a very logical point to...
After carefully looking at the market structure and price action analysis, from our weekly high, the Pound has bee showing some bearish momentum and If you look carefully we have zone that it has been failing to break then it formed bullish momentum with double bottom if you check on the 4hr timeframe. However we’re still consolidating as the buyers are trying to...
The BUY movement will strike after the analysis from the harmonic pattern which the market SOLD afterwards that gives you a clear prediction or a clear direction of the US30 CHART also pay close attention to the SUPPORT AND RESISTANCE from the current market price we only having 2 touches on it but having 3 touches on the HORIZONTAL SUPPORT AND RESISTANCE...
Price is overall Bullish ! (Monthly, Weekly, Daily) ***Based Off Pure Price Action Market Structure*** Currently Ranging in a triangle which will eventually POP! Price has 3 options. 1. To Pop Triangle Resistance created NEW FOUND SUPPORT to continue its Bull RUN! 2. Somehow break Support of the Triangle and creating NEW FOUND Resistance to PUSH price Further...
In this analysis, you will see that price has been in an uptrend. However, reacted significantly at KEY Level Of Resistance. That allows price to reverse and started a new found downtrend. We can also see that it's respecting market structure by forming a series of Lower Highs and Lower Lows as well as breaking levels of past support and retesting as future...
LOOKING FOR THE DOWNTREND TO KEEP PUSH BEEN A FUN NIGHT!
LOOKING FOR A STRONG PUSH AFTER THE bearish ENGULFING PATTEREN WAITING FOR A BREAK OF THE TREND LINE.
following market structure. if the market breaks my trend line I'll jump in on sell. if it retraces pass my 88.6 I'll jump in a buy! please give me feed back!
Idea wait for break of consolidation and retest before entering
hello friends ! i came with new analysis about walmart stocks price (WMT) , as you can see the chart of walmart stock prices , the price Couldn't fix the top of the daily channel , but market still is in bullish mode for long term but after the recent growth market need correction , in my new analysis for walmart i found the nearest support level , if the price...
Entered Trade Too early out of FOMO Bearish Momentum Simple break of Support Should of waited for a retest before entering