waltersonc07

waltersonc07

EUR/USD is currently in a bearish trend , but the white trendline is key to watch. If the price closes above this trendline, it may indicate a potential reversal, suggesting a bullish recovery. However, if the price closes below the 1.0858 level, the bearish momentum is likely to continue, reinforcing the downtrend with the next target around 1.0795. Bullish...

waltersonc07

Breakout and Retest Strategy: • Wait for Retest: The price is breaking through the key resistance level at $2,686. Instead of jumping in immediately, wait for the price to retest this level to confirm it has turned into support. This reduces the risk of a false breakout. • Safer Entry: If the price bounces off $2,686 after retesting, that’s a safer confirmation to...

waltersonc07

Trendlines & Price Action: The price action on the chart indicates a series of ascending trendlines (yellow and orange) that have provided consistent support. The price has bounced off these trendlines multiple times, reinforcing their role in guiding the market higher. This signals a bullish trend, as these trendlines suggest that buyers are stepping in at...

waltersonc07

In the chart you provided, we observe the following key points: Breakout below the key levels: The price broke below the consolidation range and the moving averages, leading to a significant bearish move. Traders who noticed the breakdown could have capitalized on this downward movement. Purple weekly trendline: This trendline is acting as a strong resistance....

waltersonc07

The chart shows consolidation within the black box, meaning the price is moving sideways between two boundaries, signaling indecision in the market. You should wait for a breakout above or below the box before trading because it will confirm whether the price is about to trend higher or lower. The yellow trendlines show that the overall trend has been upward....

waltersonc07

The EUR/JPY currency pair is in a bearish trend both technically and fundamentally. Technically, the price has been below moving averages and within a downward channel, recently breaking through a support level. Fundamentally, the pair has shown strong negative trades, breaking below the 155.40 level and reaching towards 153.85, with indicators suggesting...

waltersonc07

In the week of December 12, 2023, the EUR/USD pair is subject to several influences: - The EUR/USD is under pressure, potentially facing further losses, especially if the European Central Bank (ECB) takes a different stance than the US Federal Reserve. It is currently stabilizing around 1.0780 but has previously dipped to the support level at 1.0723, suggesting...

waltersonc07

The provided chart exhibits several technical indicators that can be used to assess potential trade setups for EUR/USD: 1. Trend Lines: The price has broken below a rising trendline, indicating a potential trend reversal to the downside. 2. Fibonacci Retracement: The price is situated below the 61.8% Fibonacci retracement level. Traditionally, a failure to stay...

waltersonc07

We now have a bear market. US30 will drop. Take your position in the market.

waltersonc07

What happened to the US30 this Friday? I'm waiting for a good opportunity in there.

waltersonc07

Follow Please This Is How We Think Us30 Can Have A Short Drop

waltersonc07

The price action is between 0.99283 and 0.99604. so above 0.99604 there is a buy, and below 0.99283 there is a sell