ANY SCENARIO IS POSSIBLE. LEANING MORE TOWARDS A SELL OPPORTUNITY. THE MORE RISKIER TRADERS CAN TAKE THE RISK OF ENTERING AS SOON AS THE MARKET OPENS AND PLACE STOPLOSS ABOVE MAJOR STRUCTURE LEVEL. PRICE CLOSED WITH AN ENGULFIND CANDLESTICK PATTERN AT A MAJOR KEY LEVEL GIVING GOOD INDICATION OF A SELL. THE MORE PATIENT TRADER CAN WAIT FOR A BREAK AND RETEST OF...
Looks like a good entry worth taking as soon as the market resumes tomorrow. Price is already in an uptrend making an impulsive move followed by a correction. Found support with a 1h pinbar and 30min bullish engulfing pattern. Compare with your analysis. Follow risk management. Do not trade this index with less than $500 account. SL is $150 with 0.01 entry. Spx500...
AU has a strong positive correlation to Gold due to Australia being the world's second largest gold producing country after china. Looking for price to retest support as resistance and give us reason for a continuation to the upside. Also the election gives reason for investors and traders to buy into gold and stocks pushing price further. Compare with your analysis.