an exciting week ahead!! major points set. price is currently at a premium zone, this may lead it to an equilibrium zone.
Alright, look at this!! the daily is looking good for some long term buys but i am a little bit skeptical of this since we have some price imbalance on the weekly chart. i believe this imbalance will be useful in the future maybe next year february.
Are you ready for this? we will witness a slight retracement to the daily and weekly value zones with support coming from the FIB points of retracement.
Such things happen, just look at the manipulation. This is an indication in the change of structure and trend!!
We are still in an uptrend but for the day the steam will lower to the entry point to fetch some orders from the LONDON OFF session then we rise.
On the nasdaq for an intraday trade, i believe we will see the market coming down to collect some orders at the TP before heading to the upside. #nasdaq
BE ON THE LOOK OUT. we have been on a rapid uptrend moved by massive earnings coming from the nas100 companies, a retracement to attract value buyers might play out.
LOOKING OUT FOR A LONG TERM BUY ON GBPUSD ANY MOMENT AFTER PRICE HITS THE SUPPORT TRENDLINE FOR THE THIRD TOUCH. NB: IM STILL A BEGINNER, TELL ME WHAT YOU THINK OF THE SETUP IN THE COMMENT SECTION.
GOING SHORT ON THE GBP WITH THE 3 TOUCH COMFIRMATION AND A BEARISH FLAG COMING FROM THE 4HR CHART.
LOOKING OUT FOR A LONG TERM SHORT SELL ONCE PRICE NEARS OR EVEN COMPLETE THE THIRD TOUCCH ON THE CURRENT STRUCTURE.
THE MARKETIS IMPERFECT, I was hoping for a third hit on the corrective structure but it shortly came to pass. I'm going long.
LOOKING OUT TO GET INTO ANOTHER LONG POSITION ONCE PRICE FINISHES THE THIRD TOUCH ON THE CORRECTIVE STRUCTURE THEN RIDE WITH THE MARKET TILL IT IT HITS THE THIRD TOUCH ON THE LONG TERM STRUCTURE THE DOWN WE GO, depending with the market nature by then. NB: IM STILL A BEGINNER, SO I MIGHT GET SOME ANALYSIS WRONG AS TIME GOES AS I GROW IN THE MARKET.