Looking at a long move up from BUY ZONE to 15260 / 15327 / 15450 We can grab a SELL at 15327 to retest the daily high at 15261, this would be a hedge trade as we will still hold our buys with partials taken and stop loss at entry for a risk free trade.
Positive FOMC - looking at a potential lower high before breaking trend
Im bullish on Crypto overall. Biden’s executive order to address the lack of framework for the development of cryptocurrencies in the USA - showing support in the industry and possible future national acceptance for #Crypto
Optimistic sell zone due to the volatile bearish move pre NYSE, in this situation we have an early sell zone which is basically just a retest on the breakout of trend, not enough validation for me personally buy monitor for some Japanese candle sticks and look for more reasons! Trade safely, I'm expecting an extremely volatile session today.
A lot of signs technically and fundamentally showing that price wants to push back up. We have a buy zone and an ideal buy zone - reason being is because they both have equal amounts of validation why price can kickoff from these areas. If ideal buy zone is broken we can expect a retest on TL and price retesting DB zone.
I'm expecting price to surpass current bull trend and reach areas of 2028+
Retest on previous support prior to price following a bearish push down
BREAKDOWN Lots of mixed signals fundamentally today for Nasdaq, two major events are: 1. The potential for a cyber war against Russia and the USA (this will benefit tech stocks with extremely sensitive bull runs) 2. Future restrictions with Russian banks + businesses which will negatively affect the United States. If price breaks bug zone and LS we will...
Buy and Sell setup for Nasdaq today, expecting a slight pullback before hitting sell zone for a possible lower low - we will see how NYSE opens
Bullish start to the week, based off fundamentals we will see whether price will continue to go down or if it will recover.
Strong sell off yesterday We can expect price to retrace as there are signs of a bullish flag - possible buy entries with this pattern would be anywhere from 14234-14270, from there we can see price move to 14320 and potentially our sell zone. Our sell zone is quite optimistic considering the selling pressure yesterday so we will monitor 14320 for a potential...
Stock futures were lower in early morning trading Monday as investors continued to grapple with the resurgence of Covid cases and an upcoming shift in the Federal Reserve’s easy monetary policy. Looking to grab buys at nyse to our sell zone, there we will look to sell to 15300. The omicron variant is raging across the world as the winter holiday season...
Pennant has formed on Nasdaq which indicates a bullish push up, my overall bias is still sells but most likely in that red square, if price breaks through that red square then we will see 16700-16770. A late sell would be once price breaks that mini red trend line.
Fundamentally and Technically - we can see that the Nasdaq100 is ready to correct itself, whether this the the major correction I am not sure but seeing as that we have an all time high, a head and shoulders pattern as clear as day wanting price to go to 15700 AND fundamentally the new Covid variant which has put countries back into economical pressure gives us...
U-turn for tech stocks: A correction is due. Multiple trade ideas incase we get breaks in certain zones, due to the volatility both sell and buy zones are relatively large.
Expecting price to reject at 16242 or yesterday’s selling point 16280, possible buy opportunity to 16320 from 16143-16160 but if 16122 is broken we will hold our sell positions to 15910+ possibly.
Happy Friday everyone! :) make sure you checkout flux for those that are into crypto investments, has some great potential.
A week for the bears? H&S pattern on 1H to kick off the week.