Tomorrow Monday 10th, I see a strong possibility of downward movement first, dropping to 67000 - 66000 area. Then, we need to observe whether there is possible for upward movement. Possible long area: 1. 68400-68700 if it breaks down, then, 2.67000-66400 If 66000 breaks, then t0 62000 area is possible. Let's see how the week plays out.
Trade Gold within Trend! General: Strong bearish trend on daily and 4h. however, 1h there is a pullback. Now, let's observe how would gold act during Asian time tomorrow, especially, how would it 2300-2314 before it breaks 2314, there is no break of structure on the 5mins level, so no buy. Only looking for chances to sell. And with all sell, a safer stop loss...
Trade Gold within Trend! General: Strong bearish trend on daily and 4h. however, 1h there is a pullback. Now, let's observe how would gold act during Asian time tomorrow, especially, how would it 2300-2314 before it breaks 2314, there is no break of structure on the 5mins level, so no buy. Only looking for chances to sell. And with all sell, a safer stop loss...
VIX has reached daily and weekly support, i think its time to look for a long position. But, we need confirmation on 1h, and entry on 15m or 5m. let's see how the week plays out. NOTE: if VIX goes up as expected, SP500 will correspondingly experiencing a pull down.
I was looking for an opportunity to sell, and saw the 4h/1h resistance area - didn't enter. next round
Tomorrow Monday 10th, I see a strong possibility of downward movement first, dropping to 67000 - 66000 area. Then, we need to observe whether there is possible for upward movement. Possible long area: 1. 68400-68700 if it breaks down, then, 2.67000-66400 If 66000 breaks, then t0 62000 area is possible. Let's see how the week plays out.
ast night, when I intended to go long on Nasdaq (Nas), the market had already closed. Consequently, the first action I took this morning was to initiate a long position on Nasdaq. However, I found myself unable to maintain the position for a sufficient duration to capitalize fully on the upward swing. Here are the reasons: I am still not fully confident in my...
Trend: On the 4-hour chart, EUR/USD is in an uptrend. EUR/USD is currently in a weak demand zone. I believe the pullback is sufficient, and one can consider going long with a favorable risk-reward ratio, targeting the previous high. Let's wait and see how it plays out.
I just did a bit research on Nasdaq. The Nasdaq (short for the National Association of Securities Dealers Automated Quotations) is a stock market index that includes a variety of technology and internet-based companies listed on the Nasdaq stock exchange. It primarily reflects the performance of these technology-driven companies. The rise and fall of the Nasdaq...
I wouldn't short considering the current market condition, the bullish trend is super strong. Simple fib structure retrace back to 61. 8 area, and it was tasted twice, seems to be a good point to enter long. entry: now, or better position sl: 43500 tp: 44700