MarketAlpha2

MarketAlpha2

Price has been bullish and has broken the 200EMA. I'm looking for a retest of the broken 200EMA back to the key fib reversal zone before a push up. In addition, Disney and the NBA are working together making me more inclined to buy.

MarketAlpha2

Price is bearish on all Timeframes in addition to showcasing bearish divergence on the daily. More so, price is showing a head and shoulders pattern as well as rejecting the 200EMA on the 4h with a strong bearish engulfing. I've set a sell limit 50% of that bearish engulfing.

MarketAlpha2

Price has been on a consistent downtrend for months, trading below all EMA's indicating we should look to short. In addition, price is sitting at a key resistance right at the 50-61.8% fib zone. Price is also looking to create a head and shoulders pattern. What i'm looking is for price to break that neckline and retest, forming a new lower high. If price can do...

MarketAlpha2

I apologize for the inactivity! We're back with new analysis. Price has been on a consistent downtrend trading below all EMA's indicating we should be looking to short. On the weekly and daily, price is sitting at key resistance. In addition, price was overbought till it started pushing downwards. More so, Price is sitting at the 50-61.8% fib zone and has just...

MarketAlpha2

Price is trading below the 200EMA creating lower highs indicating we should be looking at shorts. In addition to price being overbought on the daily, you can see price has broken through a key support and formed a new resistance while showcasing multiple rejections underneath the 200EMA. More so, price is also sitting at the 50-61.8& retracement zone where i'll be...

MarketAlpha2

Price has been on a consistent downtrend on all timeframes in addition to a head and shoulders pattern whose neckline was just broken. In addition, it has just recently broken through the 200EMA on both the 4H and Daily tf indicating we are looking for shorts. In order to enter this, I would like to see a pullback to the broken neckline in addition to a retrace to...

MarketAlpha2

Price has been on a consistent downtrend and has just recently broken through a key support. Price has retraced back to the 50-61.8% fib zone in addition to hitting the 200EMA on the 4H in conjunction with the new creation of a lower high. I would like to see a strong rejection under the 200EMA in order to begin looking for shorts.

MarketAlpha2

Similar to EURUSD, price has been consistently bearish and will likely continue to drop. I would like to see price retest the broken support in order to short. By the time it retests, price may also be overbought adding to the confluence to short.

MarketAlpha2

Price has been on a steep downtrend for months and hasn't reached these lows in years. In addition, price has just broken through a key support with a strong bearish push. In order to short this, I would like to see price retest the broken support in order to continue looking to sell.

MarketAlpha2

Price has done exactly as expected. Great trade everyone! If you took this trade, continue to hold and set your SL in profit.

MarketAlpha2

If you took this trade when it was originally called out, you should be well up over 120 pips. Great trade everyone! Continue to hold till the projected target and move your SL into profit if you haven't already.

MarketAlpha2

Price has been on a significant downtrend and has broken support cleanly in addition to a majority of EUR pairs being bearish. I'll be looking for some type of retrace before looking to short to the next zone.

MarketAlpha2

This is by far my favorite set up for the week for the simple fact that there are so many confluences to short this pair. You can see price is incredibly bearish on all time frames ( trading below the 200 EMA), in addition to the fact price created a H&S pattern, ( broke the neckline), and rejected right at the 50-61.8% fib zone. Price also illustrated significant...

MarketAlpha2

Great trade everyone! If you hopped in off the retest you should be up over 80 pips! We will continue to swing this to the downside.

MarketAlpha2

Price did as expected! Good trade everyone.

MarketAlpha2

Price is bearish on all time frames ,( trading below the 200 EMA), indicating we're looking for shorts. On the hour, you can see price creating lower highs; Price looks to be retracing right now where i'd like to look to short. In order to enter this trade, I'd like to see price reject the 50% fib zone with significant bearish pressure that will entice me to want...

MarketAlpha2

I was looking for shorts given that price was at resistance, however price shot through and pushed to the next key zone. Your bias can always change depending on price action, in addition to always having to wait for confirmation prior to entering any trades. Hopefully one of you took note and caught it.

MarketAlpha2

Based off the steep decline of AUD, a majority if not all of AUD pairs are bearish. AUDCAD has been bearish for a significant time, trading below the 200 EMA for months indicating we are looking for shorts. On the daily, you can see sellers are in control because price was able to push through a key support and is also retracing. In addition, you can see price has...