As we can see from the analysis once price touches the Dynamic resistance it rejects towards the downside meaning we have strong selling pressure there so there's a possibility that NAS will reject once it reaches there.
As my analysis show, we can expect the price to turn bearish as we have approached our Major Resistance Level which occurred on a higher timeframe and we see a rejection which confirms we might have sellers there that will push the price down
My simple analysis shows that the market will continue heading high, our Swing high was broken which shows buyers are still pushing the market high a retest might occur, of which it will give us an opportunity to enter buys again before the market takes off 🚀
My analysis shows that EURUSD might fall after reaching the Dynamic resistance, here are the reasons why 1.The overall trend is a downtrend with Bears in control, as we can see from the chart 2.The market is in a Bearish channel meaning bears are in control of the overall trend 3.The Dynamic resistance was tested and respected 2 times meaning there's a high chance...
As we can see the trend is currently in a down trend, our uptrend ended when our Major low was broken, then the market broke our Solid low to confirm we still have sellers pushing the market down. A lower low formed of which we can enter a sell after the price breaks below and retests it. GBPJPY seems like it will continue to fall all the way to the Major Key...
According to my analysis it seems like Gold might continue to go bullish all the way to the "Major Resistance Level" and the best place to catch the trend would be to wait for a break above the "New High" and use H1 to confirm Bullish candlestick
As from my analysis we can see a Change of trend occurred and now we are in a down trend, lower low and support formed and our Support was broken and now is being retested meaning there's a high chance the market will respect the Old support and treat it as our New resistance and the price will continue down. Let's wait for a bearish candlestick to confirm that...
As we can see the market was in a downtrend before forming double bottom. Change of Character occurred and the price gave us a new Higher high and Support, which was tested 3 times This means we might have buyers on the support that might push the price up again(continuing the uptrend to the Supply zone), H1 for candle confirmation of buyers.
I've already provided a brief update on the analysis, but our possible movement is an uptrend
possible setup that might occur, there's a high chance that buyers will it to the key level but to be on the safe side it's best to take profits on the Resistance, as the price broke out and retested the Higher high giving us a chance to enter on the start of the Impulsive move, use M15 for confirmation
As you can see from the analysis we had a range that was broken below which created a double bottom( neckline as our Resistance), then price broke above and respected our resistance which caused us to have a New Support, which means we have a new level we can trade at. Price broke out and reversed towards the New Support, which is where I entered my trade and made...
good day traders, my analysis shows we have a high chance of breakout on the higher high cause of the current trend being bullish trend. If price breaks above the Higher high there's a high chance it will retest it and head up high towards the Supply level. use H1 for confirmation, TP of choice, Good luck
this is my simple analysis I've decided to share. I won't go into much details but I'm using H1 and M15 for confirmation
as we can see the overall trend is an uptrend, with buyers in control. The market has reached our support where it might buy, to enter this trade it's best to wait for a breakout above the dynamic support(blue lines) then enter using H1(bullish candlestick confirmation)
The market is currently at balance, with no buyers/sellers in total control. As the analysis show, price bounced on our Major low and created a Head n Shoulders pattern, which was broken and price retested our Neckline.....possible scenario is that the price might bounce on the neckline and a breakout on the Major high will occur, meaning buyers will take over and...
here's my analysis of GC1, as you can see I've marked my Supply and Demand area where price will react to, and previously the market was in a downtrend and CHoC occurred which formed our HH and HL, and between these we have our small range which indicates that neither the Bulls or Bears are in control. My analysis shows that its best to wait for a breakout on the...
good day traders, let me share my analysis of AUDUSD. The trend is currently controlled by bears and price broke our support and retested it, showing a possible continuation of a downwards movement into our Demand area. I'll wait for a bearish candlestick on H1 for entry
good day traders, I've decided to share my First analysis on futures and these are the possible buying areas I see, between the dynamic trendline or the major low. It's best to wait for a bullish confirmation between these two areas before entering to increase your probability of winning, don't forget proper risk management