Futures Levels | Week Ahead Sept 19 (ES, YM, NQ, RTY, ZN, GC)Yoooo Speculators - let's look at some levels in the futures stock indices following a telegraphed week of selling into last Friday's quad witching.
Overall, the markets have cooperated with our most recent analysis that suggested shorts in the NQ and ZB. Now, I'm gonna go out on a pretty firm limb (you know, since markets never go down), and say that we're probably close to the end of the selling in this cycle.
FOMC policy statement on Wed.
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Levels
usdcad shortHi everyone
here we have the usdcad h1 tf a break to the downside where price failed to break the previous swing high and broke through the support with momentum i notice a few key levels of s/r from the past few days and charted them in green price broke below the 1.2670 lvl and retests it as resistance i enter the market short as price continues down i have three price targets first tp is around the 1.2640 area and lastly second tp around 1.2590 and finally 1.2520 area check the chart for a visual as of now I'm short with a stop at 1.26958. Let me know your thoughts below!
PLUG in a Critical Spot HerePLUG in a critical spot here testing a long-term uptrend line. Watching this one closely, big symmetrical triangle on its yearly chart but also quite a large falling wedge (See Chart in Description Below). Bollinger bands are as tight as can be with some bullish divergence on the RSI- Just some FIB levels & RSI-based supply and demand zones to keep an eye on
How much of a downfall on GOLD?We can now say that the downside move on GOLD has began, or at least on the H1 chart.
It has even reached the first support at 1784.
But that's not all!
We're expecting that this downside move will continue. The next level for price should be 1748.
That's about 40$ move which means it will take some time and price will make a few pullbacks, but that's the right direction.
Do not enter any trades based on your expectations but only based on what's actually happening.
We're looking at a downfall and we can make some profits. It's not time to buy but to sell.
Once market goes down to 1748, we will then look at the further support levels because there is a chance for price to continue lower!
Show some support by commenting and give us a like as well!
AXS waiting for breakoutDouble bottom, but bounced back from descending trendline formed 3 days ago. We could expect a possible retest of lower or upper support levels. If we lose both of that levels, a nice big short could be in the play. For any bullish sign, we need a break of this descending trendline or at least bounce up from support levels... Good luck traders
CADJPY SHORT - My trade of the week!We are expecting JPY strength after a strong bear run for JPY last week.
We can see on the 4H the clear ABCDE correction here, expecting to top out at one of two strong resistance levels (marked on chart).
With this combination, we can expect to have a high probability of a short on this pair!
We may well see either:
a.) Slightly higher test of resistance in the final phase of correction - will need to monitor
b.) Earlier than expected drop - a safe entry would be when we see price fall through the base of the correction channel marked on the chart.
Like what you see? Please show some love and hit the like button. Do you have any comments? It would be great to hear from you!
I prefer quality over quantity, and provide one strong idea a week.
This is also the way I trade - but I keep those best ideas to myself for now.
Good luck!
DrBearForex
XAUUSD - SHORTThe price is below the Major Resistance Level. Sell on False Breakout. Target - Demand Zone.
XAUUSD - SHORT
ENTRY PRICE - 1794.00
SL - 1812.00
TP - 1755.00
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
KEY TRADING LEVELS FOR BITCOIN THIS SEPTEMBER - ALTUS.FINANCEGreetings TradingView!
Here we have all of the most important trading levels you need to know to stay head and shoulers ahead of market participants this month.
Included:
- DAILY LEVELS
- WEEKLY LEVELS
- FIBONACCI RETRACEMENT
Happy Trading!
ALTUS
Important levels for EURUSD EURUSD is at a key moment. After the NFP news on Friday, first we had an upside move but then a quick drop.
Now, we want to see a close outside of the 1,1864-1,1909 zone.
Once we have a close below this zone followed by a retest, then we can enter a short position.
You can look for a close below the previous low as an extra confirmation.
If we have a close above 1,1909 and then a retest, that means we could be looking at an upside continuation.
We're expecting a quiet day in the market today as it is a day off in USA.
Watch out for our daily posts to find out what happens after the breakout.
HONG KONG 50 BREAKS ABOVE THE RESISTANCE TRIANGLE LINEDuring the Asian trading session on Tuesday, Hong Kong 50 Index breaks above the resistance triangle line, beginning from June 21st. Yesterday the price impulse broke above the resistance line at level of $25800 and in the next few hours on a four-hour chart, tested the resistance line above and confirmed it as a support line. Tomorrow investors will observe with interest in which direction the price will continue to develop and whether it will return to the triangle. This has dismissed the bearish case, but it has not yet confirmed a bullis reversal.
Market experts believe that a bullish reversal will be confirmed upon a break above the $26000 zone. This will confirm a forthcoming higher high on the 4-hour chart and may pave the way towards the $26680 zones, or the higher territory around $27740 and $28180. If neither area can halt the advance, we could experience extensions towards the $29357 hurdle, marked as resistance by the beginning of June.
On the downside, a dip below $25600 is the move to assess whether the bears have gained the upper hand again. This would confirm a forthcoming lower low on both the 4-hour and daily chart and may open the path to test the $24726 zone again. If that area does not hold either, then the fall could extend to the $24000 territories.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
BTC Level Trading****************************************
Market Structure Alignment
BITCOIN
M = B
W = B
D = B
H4 = B
H1 = Br
M15 = Br
M5 = Br
M1 = Br
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BIASES:
BB = Bullish BIAS
BRB = Bearish BIAS
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CODES:
b = Bullish
bg = Bullish Range
br = Bearish
brg = Bearish Range
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Bimb = Buyers IMBalance
Simb = Sellers IMBalance
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Boms = Break of Market Structure
Bboms = Bullish Break of Market Structure
Brboms = Bearish Break of Market Structure
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DZ = DemandZONE
SZ =SupplyZONE
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H = High
HH = HigherHIGH
HL = HigherLOW
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L = Lower
LL = LowerLOW
LH = LowerHIGH
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Black = Monthly
Red = Weekly
Green = Daily
Yellow = H4
SkyBlue = H1
NavyBlue = M15
Pink = M5
Purple = M1
Orange = Alerts
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