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Retracement

EURUSD Post Reversal 01.11.2023It is apparent that the EURUSD reversal to the downside raises question's regarding a follow up retracement to the upside. EURUSD is teasing us here with the Fibo tool fitting nicely on the chart. Let's see. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
Long
by Stuart_Cowell
USOIL Reversal Retrace 20.10.2023It seems that Crude moved rapidly upwards, a reversal that crossed the MA on its way up. Retracement is almost impossible not to take place considering oil's volatility. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
TVC:USOILShort
by Stuart_Cowell
November Soybeans Test 1300 The November soybean contract tested 1300 per bushel on Tuesday, trading all the way up to 1303 ½, before ultimately settling at 1296 ¾. The question is now - where do we go from here? Psychologically Significant Resistance Failing to close above 1300 means we failed to close above a psychologically significant resistance level at 1300. Moreover, we’ve previously identified 3-star resistance between 1294 and 1299 ¾. Because we closed within that resistance pocket, it’s possible that we test 1300 and beyond once again in Wednesday’s trading session. But what if we don’t? If the market corrects lower on the failure to trade through resistance, where do we find support? Previous Resistance Becoming Support If we reject higher prices in tomorrow’s trade, previous resistance between 1280 and 1285 ¼ should serve as the first line of defense. Meaning, that if we see prices sell off throughout the session on Wednesday, we should expect prices to bounce back somewhere between 1280 and 1285 ¼. If we cut through 1280 rapidly, the next sufficient support pocket may factor in near the 38.2% retracement level between the May 31st and July 24th price extremes - coming in around 1249-1250. The Bottom Line We are in the midst of a pivot in the November soybean contract. Tomorrow’s price action should provide guidance on the intermediate-term’s price trajectory. Last week’s USDA report was mostly supportive of the soybean complex, and export sales have performed well over the past 6 weeks. That said, net-exports remain lower than they were at this time last year, and global demand remains deflated. Pay close attention to tomorrow’s closing prices as they may indicate the direction of the trend over the next 2-4 weeks. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CBOT:ZSX2023
by Blue_Line_Futures
USOIL Rev Retracement 16.10.2023Crude's volatility levels are high. It reversed recently to the upside and continues breaking important resistance levels on its way up. Since the recent rapid movement to the upside seems to have halted, it is quite probable that a retracement will follow as per the arrow on the chart and Fibo tool. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
TVC:USOILShort
by Stuart_Cowell
3
XAUUSD Retracement 09.10.2023Gold jumped following the NFP news and the news for the Israel-Gaza conflict that erupted into war after attack by Hamas. Commodities prices moved to the upside rapidly. Retracements are possible intraday as shown on the chart. A significant breakout of a support at near 1846 could cause the price of Gold to drop for the day. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
OANDA:XAUUSDShort
by Stuart_Cowell
Limbo in December Live Cattle December Live Cattle has been in a virtual free-fall since making contract highs back on September 19th. We’ve sold off nearly $7 since scoring the new high. To say it’s been a remarkable year for live cattle futures would be an understatement - we’ve made all time highs, and bucked bearish seasonal tendencies along the way. The strength observed across the cattle contracts is well substantiated by national cash-trade transactions, and cattle on feed numbers - two of the most important components of fundamental analysis in the cattle markets. Where will we find support? If you look at the retracement from the contract’s low to the contract’s high, we are quickly approaching the 23.6% retracement level at 183.100. This could be viewed as our first major pocket of support, as it is both a significant fibonacci retracement level, but also a point where we saw prices pace through continuously between July and September. Trendline Support In the case that the 23.6% retracement does not hold, another key area to consider is long-held trendline support. Now, that could be a ways away from where we’re at. If price continues to free-fall, trendline support should come into play around 181. But, if prices stabilize and begin moving sideways over the course of the coming weeks, both trendline support and the 23.6% retracement level will converge. This convergence serves a “cluster” of evidence that provides more credibility to the support pocket. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CME:LEZ2023
by Blue_Line_Futures
GOLD WAITING FOR THE BREAKOUT OF CONSOLIDATION Am going to wait for the consolidation breakout my conform is when the breakout on resistance am going to take the trade and if it breakout on support going to take sell. After breaking either the resistance or the support and retest it am going for the buy or sell entry with the clear conform, if it breakout resistance and retest my entry 1827.82 TP 1849.00 and stoploss 1824.36 and if it breakout support my entry 1816.18 TP 1800.00 and stoploss 1820.70 let's be patient for the breakout and keep eye's open.
CAPITALCOM:GOLD
by UnknownUnicorn13971156
2
NAS100 Retracement Set? 05.10.2023The index has been surging yesterday after the market opening. A reversal actually formed as the price reversed crossing the MA on its way up and now a retracement is likely to happen with target level as per the Fibo tool. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
PEPPERSTONE:NAS100Short
by Stuart_Cowell
1
BTCUSDT Looking Bearish in the Short TermMultiple indicators have signaled bear as well as overbought conditions for Bitcoin on the 15m chart. This makes sense because Bitcoin has just experienced a pump within a short period of time. Usually, this means a retracement will follow as market participants will be compelled to take profits which means selling in the shorter term, a potential dip may be an opportunity to buy as we are likely to go higher in the longer term. All TradingView ideas are meant to be for educational purposes only.
Short
by AutomatedTradingAlgorithms
4
AAPL Targets Lower, Be SmartWe are at an interesting zone when it comes to AAPL. It's holding strong above the most relevant pivot low as you'll see in the chart. There is a chance that it can go up fro here so if you would like to long, I would place a stoploss elow the recent wick low. I would also manage my position size so the its a 1% risk on the trade it your stop was to hit. In the end, when zooming out, I think AAPL will retrace back to the bottom of the channel before pumping higher. There are a few key levels on the way dwn where we can expect a reaction and other trade set ups to play out. I'm currently long, anticipating a small bounce at these levels, with a 1% stop under the current wick low. Lets see how it all plays out. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
NASDAQ:AAPL
by Navitility
US30 Retracement? 29.09.2023The U.S. benchmark indices have come to a downward halt finding strong support. There is a possibility that we will see a retracement as per the arrow today. Currently there are some resistance levels that are stopping the index from moving to the upside. They will potentially brake after the NYSE opening. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
PYTH:DOWLong
by Stuart_Cowell
1
USOIL Is it the Upward END? 28.09.2023Currently Crude Oil has experienced a surprising upward movement, a reversal actually that could potentially give rise to a retracement opportunity. The 93.75 resistance could serve as the end of the shock upwards and soon a retracement could follow, near to the level 92 USD/b. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
TVC:USOILShort
by Stuart_Cowell
1
Unlocking the Next Bull CycleBitcoin's journey is often marked by key technical levels, and its monthly chart has a fascinating story to tell. The 0.5 Fibonacci retracement level from the All-Time High (ATH) has historically acted as a formidable resistance. Today, we find ourselves at a crucial juncture, echoing the past. To embark on a new bullish cycle, we need to conquer the 50K milestone. Historical Significance of the 0.5 Fibonacci Level: The 0.5 Fibonacci retracement level is a significant technical marker on the monthly Bitcoin chart. It represents a retracement halfway from the ATH to a significant low, signifying a pivotal point in the asset's price history. Historically, this level has posed a challenge for Bitcoin bulls, often requiring considerable momentum to breach. The 50K Milestone: As we observe the current market dynamics, it's evident that we're in a situation reminiscent of the past. The 50K level is not just a psychological barrier; it's also in alignment with the 0.5 Fibonacci retracement. Breaking above 50K could signify a new era for Bitcoin, potentially initiating a fresh bullish cycle. What to Watch For: Monitor Bitcoin's price action closely as it approaches the 50K level. Look for signs of strong buying pressure, increased trading volumes, and positive sentiment in the crypto community. Be aware of potential retracements or false breakouts; these are common in the crypto market. The Bigger Picture: While breaching 50K is a significant milestone, it doesn't guarantee an immediate and sustained bull run. Consider the broader market context, macroeconomic factors, and institutional involvement in your analysis. Diversify your trading strategy and have risk management measures in place. Conclusion: The 0.5 Fibonacci retracement level has historically held the monthly Bitcoin chart in check. Now, as we approach the 50K level, we stand on the precipice of a potential new bullish cycle. However, history reminds us that we must tread cautiously and stay vigilant. Breaking through 50K could usher in a wave of optimism, but it's essential to be prepared for various market scenarios. Keep a close eye on the charts, follow market sentiment, and, most importantly, manage your risks wisely. The crypto market is full of opportunities and challenges. It's a thrilling journey, and every milestone reached is a testament to Bitcoin's resilience and potential for growth. 🌟📊🧐
INDEX:BTCUSD
by AlexWhale