This is a perfect snapshot example of my own personal analysis with the market! I gave SPX time to do what it was going to do over time and as you can see I predicted the regression would be a downward trend to start. The key thing is noticing the triangles are resistance areas so now it’s bouncing in between that area ! Follow me to know what my next prediction...
Hopefully you took the opportunity to sell this pair earlier as I mentioned the possible shift ☺️. You can expect the price to reach the lower bottom line. Don’t forget proper risk management. But with this analysis you’ll have full control over the Market. Follow me to learn more about my insights! Given from a #HigherPower 🙌🏾✅🤲🏾
Before you hop into this trade for a BUY.... it appears to be a downward trend coming soon in the forecast. According to the difference in distance now from the previous up and down trends and the angles now are appearing to be shorter but more spread out instead of closer and longer. Possibly a shift in trades 👀
The market is going to do one or two things and the direction is headed one or two ways. Based on the angles here I can depict on whether it’s going straight up or going the opposite direction soon. Will keep you updated!
Hopefully you’ve taken advantage of the short BUY & SELL advantages. Let’s see what happens when trades gets closer to the mirroring triangle ☺️.
TP1 and it may not go straight up to TP2. It may play around in the open area since it has room to bounce around. Wait until it breaks the TP1 area which will become a resistance zone and if it does bounce around the closer it gets to the mirroring triangle the more it will start to transition so patience is key.
There wasn’t a need to close the trade so you can expect the market to continue the upward trend to the Take Profit. If you have profited off of this trade Follow me for more Unique Trade Ideas that are guaranteed to make a lot of sense and cents! You can also see when to quickly sell when the trade goes the other way as well...
There is a mirroring balance that the market is doing so taking profit is a good idea now and then re enter after it goes back up to 0.93695 entry or above. If you continue to see a decline take profit! Thank me later!
Lol sorry just look at the analysis hand set indicators according to the blue lines and buy and set the Tp and SL . LOL sorry about the mishaps ..... it is a good buy idea.
Buy AUDCAD @0.93527 if price is above that’s good jump in! Take profit somewhere around TP1: 0.93800 . TP2: 0.93856 . SL: 0.93859
Looking for a BUY so far. Sells may go below the resistance line if so wait to see what happens. If it never drops below expect a BUY for a TP1 at top blue line. There will be an update in the comments....
Where you see triangles there will be resistance! When there is a good space or even shaped rectangle or square there is a major sell or buy. After the resistance it will be obvious based on the direction it is headed! What do you think? Let’s watch together and I will update on this trade later! Thanks.