an in depth video to the analysis coming soon. We are looking to see a break of the 13475 area which will lead to sells or the 13563 which will lead to buys.
More in depth analysis to come on group, arrows depict the moves of nasdaq at 3:30PM open
Looking at longs on USA30 if the level of resistance is broken and shorts on USA30 if the trend line and level of support is broken. More in depth analysis to come
Buy scenario (lower than expected jobs) We will take a buy if Gold is in a 1746.50 -> 1749 area We will easily break this area and head for a TP 1 of 1753 and TP 2 of 1760.48
We are approaching the trend line after our previous level of resistance was respected to which EURUSD fell. Scenario 1 (sells) if we break this trend line, we could see a further move down to our next level of support which means we could enter sells with an end TP of 1.06885 Scenario 2 (Buys) The support level allows price to bounce off it and we can enter...
Possible USA30 sells with a TP 1 of 32920 as price could not pass and break trend line
There has been a new level of support created and this needs to be broken in order for further sells to continue. If price moves to this support and respects it then we can wait for the next test on the 2nd level of support but if prices moves and completely breaks the trend lines on the candle closures and breaks the 1st/bottom support then further sells may...