Dont Trade This #1 Mistake in The Opposite DirectionI am from talking to a brother of mine
who seems so sad because
he is not happy with his wife...
I was trying to tell him
that even though he is not in
a happy marriage.
One day things will reverse for the
better to favour him as a man
Reversals are part of life
Look at his chart CAPITALCOM:GBPJPY
It's a reversal and here is why...
Trading this forex pair is going
to be challenging but its worth
the squeeze
-
One thing I have noticed is
that based on candlestick patterns
The price action looks like
it coming from a bullish harami..
last week
Then it hits an evening star at the resistance
This evening star is the bear trap
Which means it looks like
the price will drop
but this price won't drop
It will keep going higher and higher also its
following the rocket booster strategy.
Which has 3 steps in order
to learn this strategy check out the
references below.
Rocket boost this content to learn more.
Disclaimer : Trading is risky you
will lose money whether you like it
or not.
Please learn risk management
and profit-taking strategies.
Tradingview
The Rocket Booster Strategy In 3 Steps ExplainedToday as i was sleeping i kept thinking
about an old buddy of mine, who loves
talking about philosophy.
And now today philosophy is all i
think about.
I used to think everybody loved talking
about philosophy
But i was wrong.
Trading is both intelligence and
philosophy combined
You need a strong personal philosophy
to really survive in this market
I made a mistake as i was telling you
about the RSI...
there is something called the
“FAKE” breakout.I first heard of this
concept from Tim Sykes
And then i read about it in a trading book.
Full disclosure..
am primarily a Bitcoin trading expert
I talk about trading stocks
because it's what i use as therapy
also, this is what the community
Mostly enjoys reading about.
And i so use my technical
analysis skills
To share with you what i think
are the best stocks to trade.
Now with the RSI..
the fake breakout actually does not
mean the breakout strategy
Doesn't work
The fake breakout actually confirms
The buy signal
In this case, we are looking at
Home Depot HD
Which is in a breakout session
But the mistake i made was to
indicate the breakout at 70
on RSI
Actually the best indicator
should be at 60
Meaning do not buy a breakout
after 60 on the RSI
Even though this will
mean you won't catch all the
swing trades
But it means you will catch the best
swing trades.
Also, note that HD NYSE:HD
is actually related to the real estate market
Seeing this stock
As a buy signal means that
the real estate market is actually
a good buy right now.
This is why am re-recommending
this stock CAT NYSE:CAT again.
It also follows the rocket boost
strategy as well which has 3 steps:
(1) The price has to be above the 50 EMA
(2) The price has to be above the 200 EMA
(3) The price should gap up in a trend
This strategy is very good
for SWIING TRADING...
If you want to develop your own strategy
then that's fine.
But if you want a simple strategy that
Easy to follow then you need to learn more.
Rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose
money whether you like it or not
Please learn risk management and
profit-taking strategies.
The #1 Reason A Fake Breakout Is A Buy SignalToday as i was sleeping i kept thinking
about an old buddy of mine, who loves
talking about philosophy.
And now today philosophy is all i
think about.
I used to think everybody loved talking
about philosophy
But i was wrong.
Trading is both intelligence and
philosophy combined
You need a strong personal philosophy
to really survive in this market
I made a mistake as i was telling you
about the RSI...
there is something called the
“FAKE” breakout. I first heard of this
concept from Tim Sykes
And then i read about it in a trading book.
Full disclosure..
am primarily a Bitcoin trading expert
I talk about trading stocks
because it's what i use as therapy
also, this is what the community
Mostly enjoys reading about.
And i so use my technical
analysis skills
To share with you what i think
are the best stocks to trade.
Now with the RSI..
the fake breakout actually does not
mean the breakout strategy
Doesn't work
The fake breakout actually confirms
The buy signal
In this case, we are looking at
Home Depot NYSE:HD
Which is in a breakout session
But the mistake i made was to
indicate the breakout at 70
on RSI
Actually the best indicator
should be at 60
Meaning do not buy a breakout
after 60 on the RSI
Even though this will
mean you won't catch all the
swing trades
But it means you will catch the best
swing trades.
Also, note that NYSE:HD
is actually related to the real estate market
Seeing this stock
As a buy signal means that
the real estate market is actually
a good buy right now.
This is why am re-recommending
this stock NYSE:CAT again.
It also follows the rocket boost
strategy as well which has 3 steps:
(1) The price has to be above the 50 EMA
(2) The price has to be above the 200 EMA
(3) The price should gap up in a trend
This strategy is very good
for SWIING TRADING...
If you want to develop your own strategy
then that's fine.
But if you want a simple strategy that
Easy to follow then you need to learn more.
Rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose
money whether you like it or not
Please learn risk management and
profit-taking strategies.
U.S Dollar / Japanese Yen . 6H . Hey traders USD/JPY already in a Daily tf demand zone, I am looking for a buy limit set up from this demand zone marked off on 6H chart. Hopefully will push up to make HH.
Please like comment and follow cheers.
This chart material is for education purposes only / Demo account should be traded only.
ETH: This May Be Your Last Chance Before Exploding to Upside !!In my opinion, Ethereum is really undervalued in terms of price. My price target for Ethereum is $7000. As you can see, the price is in an ascending triangle, and there is also a bullish divergence on the weekly time frame. This is something that cannot be easily ignored. We can hope that in the new year, Ethereum's price could at least double from its current value.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
The #1 Reason Why Buying Gold Is Hard Right NowBuying gold is a bit of a challenge for me
because I am so used to buying bitcoin
But what i have noticed is that
When bitcoin goes up gold goes down
and vice versa..
so my idea of buying gold
Is to buy it at the same time as bitcoin
but account for the drawdown of about 5%
its not pretty but it will work in the long
run
Again am not a fun of trading gold COMEX:GC1!
With margin
but its a good one to consider right
now that the market is quiet from good entries
and we are standing on the sidelines
during this crazy market mania.
Even though am thinking
You can still buy Bitcoin
but look at the stochastic RSI below
the chart you can see the moving
averages crossing.
The only challenge with trading
Gold and silver is the volatility is
crazy so if you dont mind the ride
Then you can take it
just remember to use the
stochastic rsi as your
guide to know whether the price is
cheap or not.
Personally, i have re-entered the
Bitcoin CME:BTC1! price action,
It may crash next week
But at least your Bitcoin Buy
should sustain you with
some profit.
So for this one Buy Gold, silver and
Bitcoin
according to this chart Buy Gold
using the daily stochastic rsi chart after
the Bitcoin buy signal
Also, this price action follows
the rocket booster strategy
To learn more about this strategy
check out
the references below
Remember to rocket boost this
content to learn more
Disclaimer: Trading is risky
please learn risk management and profit-taking
strategies. Because you will
Lose money whether you like it
or not.
Why Bitcoin Is The #1 Asset During This Market ManiaAm working on my sales presentation
for the rocket booster
strategy before I go public with it
If you follow me on Tradingview then you
you will get an idea of the kind
of presentation, I am preparing
Am hoping to create a sales presentation
to sell an online coaching program or newsletter
or something am really not sure
but am just doing it.
Anyway one advantage of the crypto
market is that it does not sleep
and so there are no rules
Of market close or open and all that
non-sense of pre-market hours
and after hours you find in stock trading
Crypto is my favourite asset class
that's why Bitcoin is the one you should be
Buying
during this presidential election cycle
Bitcoin COINBASE:BTCUSD
is the number#1 asset in my books
Now you may be into gold..and that's fine
In fact I think Ethereum
is the best indicator for buying
Gold and silver
I am yet to see if this is true as well
Bitcoin is following the rocket booster strategy
Which has 3 steps:
#1-The price has to be above the 50 EMA
#2-The price has to be above the 200EMA
#3-The price should gap up in an uptrend.
If you look at this chart COINBASE:BTCUSD
You will see the rocket booster strategy
in action.
In order to learn more
rocket boost this content
Disclaimer: Trading is risky please
learn risk management and profit-taking strategies.
Because you will lose money whether you
like it or not.
The #1 Indicator To Use During This Market ManiaYesterday was a crazy market i haven't seen anything
like this in a long...time
I was so tempted to publish my idea
But I knew that you won't learn anything
from market mania
it's after the market close
That's when you will calm down and learn
its easy to jump on the train during a market mania
This market mania was crazy
It reminds me of the pandemic days
during the shutdown.
The market went crazy..and now after this election
The market soared like crazy especially stocks like
this one... NYSE:CAT
Listen risk management is very
very important and there are many ways to manage
risk but this strategy am showing you
Is to help know when NOT to buy
a breakout
Look below this chart
You will see something called
a strength indicator
This indicator shows you how strong a trend is
You see when you are buying a breakout
it's different from when you are
buying cheap prices...
If you remember to buy cheap
the price has to be
below the 50 ...on the RSI
Now to buy a breakout
during a mania.
Do not buy after the 70 on the RSI..
This risk management will save your butt
out there in the markets no matter
what asset class you are trading.
My hope is that this indicator will show
you the key to risk management
because it's very easy to get caught up
Using the rocket booster strategy
in the market mania and then you
start to think like you are a trading expert...
No my friend you are not a trading expert
until you master profit-taking and risk management
remember to manage risk using the
->RSI indicator
This is the number#1 indicator to use
during this market mania
Trade safe..
also, remember to combine this risk management
tool with the rocket boost strategy
to learn more about the
rocket booster strategy
Check out the references below
Also remember to rocket boost this content to
to learn more about trading.
Disclaimer : Trading is risky
you will lose money whether you like it or not
please learn risk management and
profit-taking strategies.,.
DreamAnalysis | Trump’s 2024 Comeback Shakes Markets📈 US Elections and Markets: Bitcoin Hits Record $75,000 amid Trump’s Comeback
🌎 Global Market Impact from the US Presidential Election
With ballots still being counted, the financial world is buzzing with anticipation over Donald Trump’s possible return to the White House. This election has set off movements in stocks, the US dollar, forex pairs, and cryptocurrencies, affecting global markets even before an official result is announced.
🚀 Bitcoin Surges to All-Time High
Bitcoin spiked to an unprecedented $75,000 as market confidence grows around Trump’s chances. With Trump’s support for crypto-friendly policies, this is seen as a bullish indicator in the digital assets space.
💬 Elon Musk Comments on Trump’s Lead
Elon Musk, who publicly backed Trump, expressed that Trump’s comeback signals a “clear mandate for change” in the US. The statement has fueled excitement in both the stock and crypto markets, further boosting sentiment around Trump trades.
💸 Forex Markets React: USD Strengthens, Euro Declines 📉
The US dollar surged, with the Euro becoming the day’s weakest currency as it dropped 1.6% to hit a five-month low of 1.07 against the USD. According to Nikos Tzabouras from Tradu, “Lower taxes and deregulation could energize corporate profits and economic activity.”
- 💔 Mexican Peso Decline: The peso, one of the currencies most affected by Trump’s policies, saw a 0.5-point drop against the dollar. This reaction is reminiscent of its movements following Trump’s 2016 victory.
🇯🇵 Japanese Stocks Rally While Hong Kong Dips
- Nikkei 225 Gains: Japanese stocks soared by 1.5% as early results pointed to a Trump win. Charu Chanana from Saxo Markets noted that any likelihood of a Democratic sweep could impact equity markets but seems increasingly unlikely.
- Hong Kong Hang Seng Falls: The Hang Seng index started its day with losses, signaling regional volatility amid election uncertainties.
📊 Equity Markets Rise in the US
Both the S&P 500 and Nasdaq climbed over 1% on election day, showing investor optimism. However, volatility is anticipated to remain high as the final results approach, with investors keeping an eye on Trump’s confirmed leads in key states like Florida and Georgia.
🔗 Bond Market & Volatility Indicators
- Bond Volatility Eases: Despite gains in stocks, the BOA Move index reflects sustained bond volatility, though the VIX (stock volatility) fell slightly from 22 to 20.
- Stable Bond Markets: Investors expect bond markets to settle once results are finalized, though high levels suggest some caution.
💥 Crypto Market: Bitcoin Hits New High as Trump Backs Digital Assets
Bitcoin’s rise highlights Trump’s support for crypto policies and his “Bitcoin President” stance. While Kamala Harris’s approach to crypto remains uncertain, Trump’s endorsement has boosted the sector, giving confidence to the market and key players.
🔍 Key Takeaways: Market Sentiment Driven by US Election Results
The markets are showing clear signs of investor positioning as Trump’s lead becomes apparent:
- US Dollar Up: Any lead for Trump boosts the dollar, with high volatility expected to persist until results solidify.
- Cryptocurrency Surge: Bitcoin's 5% increase signals strong bullish sentiment.
- Forex Weakness: Major currencies, particularly the Euro and Mexican Peso, have declined against the USD.
👁🗨 Keep an Eye on: Key Influences and Volatility
With ongoing election results, financial markets, crypto, and forex are likely to fluctuate:
- Short-term Forex Movements: USD expected to be volatile.
- Crypto Optimism: Bitcoin and other digital assets may continue to climb.
- US-China Relations: Possible tariff adjustments with Trump’s agenda in mind.
Give me some energy !!!Finally, Bitcoin managed to go above the cup and handle resistance in the weekly timeframe, but it hasn't fully broken it yet. We need to wait for the weekly candle to close above this resistance. If that happens, we can anticipate the biggest rally in Bitcoin's history. That's it!!!
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
What reaction does the market have to the elections?The price managed to break the wedge in the one-hour time frame, and this is very good. The price can rise again to 71k dollars or even more with a little correction. Now we have to wait for the results of the US elections, which have a significant impact on this market.
In the current scenario, with the US elections being so close, there's a lot of uncertainty, which can lead to increased market volatility. Investors are closely watching the candidates' stances on key issues like trade policies, taxes, and regulation, as these will have significant implications for various sectors.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GOLD - where is support? Holds or not??#GOLD.. market just near to his major support of the week, that is 2696-98
Keep close that support and keep in mind if market hold it in that case you can see again bounce from here and below that cut n reverse can be a good option after on confirmation.
Good luck
Trade wisely
GOLD - where is next support ? What's next??#GOLD.. market just trade above his weekly high that is 2722-24
And that is market most important area because in last couple of months market never closed below his perveiously week low and now breakage of that area can be important.
So keep close because if market break 27222-24 then next area will be 2696 97 as target area.
Good luck
Trade wisely
The 3 New Rules For Trading Nvidia StockIts been a long night i really feel
the night was very long and tiring.
I had a cup of coffee around 17 hours
Almost before the sunset.
I knew I should not drink coffee near
The sunset its a bad habit of mine.
I was trying to convince myself
that by the time
When the market closes I will have enough
energy to sleep
Of course, I will do a little exercise before
bedtime to help
With insomnia.
Watching the financial market can be a stress
especially if you
are doing it full-time like myself.
But with a system things become easier
The only challenge is in the
beginning because you have to develop this
mindset of always studying the market
And then finally once you know the market you
seem not to want to stop
This is why I have developed the 3 rules for
trading NASDAQ:NVDA
Rule 1:The price has to be above the 50 ma
Rule 2:The price has to be above the 200 ma
Rule 3:The price should gap up in a trend
Now I do love dip-buying stock prices
but sometimes you need a strategy that
can adapt to the market
this strategy is called the rocket booster
it will help you adapt to any market
like seriously
any market
This is the basis strategy for beginners
and experts
To learn more Rocket boost
this content
Disclaimer: Trading is risky you will
lose money whether you like it or not
Please learn risk management and profit-taking
strategies, Because you will lose money
whether you like it or not.
Be careful with TONCOIN !!!BINANCE:TONUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = $6 Stay tuned for more updates, thanks.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Gold Consolidates Ahead of U.S. Election🟡 Gold Price Update: Currently at $2737.00
Gold has been moving sideways recently, showing a period of consolidation as market participants await further catalysts. This sideways movement reflects uncertainty and cautious positioning, likely influenced by the upcoming U.S. election. Historically, major events like elections can introduce volatility as investors seek safe-haven assets in times of uncertainty, and gold often responds with significant moves.
📊 Technical Outlook
Support Zone: $2725.00 - $2730.00
Resistance Zone: $2745.00 - $2755.00
Range: The current range-bound movement between $2725 and $2755 indicates that buyers and sellers are in balance for now, awaiting clearer market direction.
Key Indicators:
Relative Strength Index (RSI): Currently near the 50 level, showing neutral momentum. A breakout above 60 could signal buying strength, while a drop below 40 may suggest a bearish momentum.
Moving Averages: The 20-period SMA is close to the price action, underlining the ongoing consolidation. Watch for price action to decisively break above or below the SMA, potentially signaling a new trend.
Volume: Volume has been decreasing, suggesting a lack of strong conviction from either buyers or sellers. Look for a volume increase on any breakout to confirm the direction.
🔮 Possible Scenarios with U.S. Election Implications
With the election on the horizon, any surprising result or political uncertainty could cause a significant uptick in gold demand as investors seek safety. However, a clear result may bring stability, potentially putting downward pressure on gold.
Trade Setup Idea:
Bullish: Consider buying on a confirmed breakout above $2755, targeting $2780 or higher.
Bearish: A break below $2725 could open doors for a drop to $2700.
As always, keep your risk management tight and watch for news developments. The market will react sharply as new information comes in!
Nvidia Is Following This Simple 3 Step SystemThe time has come again for NASDAQ:NVDA
to shine again..you see it was
during the pandemic when This
stock started to shine..everyone was talking
about it...i still remember it
like yesterday..it was the A.I. Boom!!
It was crazy..people were buying
it and making money
It was crazy times..last week I saw Amazon
Hit new highs..
So this year Nvidia
is left behind but there's still hope
With this 3-step system
you can still hop on the Nvidia train
to profit taking.
The 3-step system is very simple
and yes it works.
Its as follows:
Step#1 - The price has to be above the 50 EMA
Step#2 - The price has to be above the 200 MA
Step#3 - The price has to gap up
Now on this chart, you will see
the William % This indicator
is an oscillator
Meant to show you whether the price
is undervalued or not
In this case, Nvidia is undervalued--meaning its
cheap this is why you won't hear about it
In mainstream media.
Because when the stock price is cheap no one talks about it
in mainstream media
In fact you may actually even
get huge backlash for recommending it
on mainstream media.
By the time the stock hits mainstream media
it's too late to profit from it am sorry
Anyway, if you want to learn more
rocket boost this content
Disclaimer: Trading is risky
please learn risk management and profit taking
strategies
because you will lose money whether
you like it or not.
XOM Stock + The Rocket Booster 3 Step SystemHello there i had one of those days again
where I was doubting myself.
I kept thinking about the labour market and how people
in this market are so lucky because
its so easy to have someone give you a paycheck
unlike myself, I had to hustle and bust
my cheeks to understand capital markets
Thank goodness I have developed two
systems that I can lean back on..
In fact these systems are so good that I receive
buying signals almost every day
On average I receive a buy signal in the
Dow Jones, SP 500, and NASDAQ every 3 days
But only after the market close.
My struggle is to be patient
and wait for the moves to make money
Otherwise, I am seeing these stocks to trade
almost every 3 days,
That is the advantage of having
a trading system
you get to see these plays almost every day
This is why am able to document
almost everyday
infact some days there are too
many stocks to document about
am forced to use video to explain.
But let's not get carried away by my
trading expertise.
I want to show you the key
to all my trading systems
Its called the rocket booster strategy
and it has 3 steps as follows.
1-The price has to be above the 50 MA
2-The price has to be above the 200 MA
3-The price has to gap up.
Now you may be thinking
"does the price
really have to gap up?"
The answer is yes it has to go up
Now if you want you dont have to
follow this system
and you can go ahead and develop your
own trading system.But if you
want something simple
to understand then this is
the system
for you to digest and learn
seriously re-read these 3 steps above..
and see how they apply to NYSE:XOM
If you want to learn more
rocket boost this content
Trade safe.
Disclaimer Trading is risky you will
lose money whether you like it or not
please understand risk management and profit-taking
strategies.
#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy
At your request, dear followers, I'm here with a technical analysis of Shiba Inu Coin.
In the weekly timeframe, Shiba Inu has an attractive, untouched order block with very high potential. I have marked its significant liquidity areas with green labels for you. As shown on the chart, there is an important swapped area that has turned into a resistance zone and has been retested. I expect it to dump from the red zone, which is our strong supply area, targeting the liquidity of the green-labeled order block and moving toward the specified targets.
After this drop to the designated area, with confirmation, we can enter long positions according to the specified targets in the analysis. It’s also suitable for adding to a spot portfolio at the prices of 0.00000992 and 0.00000999.
Also invite you to benefit from my Bitcoin setup and analysis...
Analysis & Setup of Bitcoin : (( BTC/USD )) : Check Link :
According to this analysis 👆 and the long setup I provided on September 11, if Bitcoin wants to move toward the targets of $80,000, $90,000, and $100,000 that I specified, it needs to get the liquidity set around the price of $45,969. 👌
In my view, until the market maker flushes out everyone who has been buying Bitcoin in this prolonged range, those investing in altcoins, and especially those in high-leverage long positions in futures, it’s illogical for Bitcoin to pump toward the specified targets or for a bull run to start in the cryptocurrency market without a sharp drop and a fake breakdown of the $50K level. 😉
Buying US100 "NASDAQ "Buying the CAPITALCOM:US100
Is a good idea for a re-entry
Indicator for Bitcoin, Gold and Silver.
This is what am noticing.
It's difficult for me to stick
To recommendations of Bitcoin
Because majority of the audience
Respond well to stock option trades
Found on retail brokers.
Nothing wrong with stock options
Just make sure you don't buy
More than 5x leverage.
Because you will lose money
From the volatility
This price follows the 🚀 Rocket
Booster
Using the following reasons:
📈The price is above the 50 MA
📈The price is above the 200 MA
📈The price is moving in a gap up trend
Well in this case the price has hit a correction.
Buying a correction or reversal can be scary and most beginners won't do it.
The problem with buy or sell signals is the hush volatility.
But if you master risk management then you good. Buying corrections is good as well but it requires patience
As for me with my aggressive nature I buy both on volatility and corrections.
The key is to take profit in both if you are an investor then you can hold for longer periods.
Trade safe.
Remember to 🚀 Rocket Boost this post to learn more.
Disclaimer ⚠️ Trading is risky you will lose money wether you like it or not please Learn About Risk Management And Profit Taking Strategies.
DreamAnalysis | Dow Jones Focus Key Levels and Strategic Moves✨ Today’s Focus: Dow Jones (US30) – A Major Market Influencer
We’re diving into the latest NASDAQ price action to pinpoint crucial levels, assess potential trends, and uncover strategic trading opportunities.
📊 Market Overview:
Currently, Dow Jones is positioned in a Discount. The price has broken through significant Seel-side liquidity levels, including the Relative Equal Lows Taken and now is having a retracement back higher, setting the stage for a potential move toward the Previous Week High ( PWH ). A Bullish Smart Money Technique (SMT) signal also aligns with the SPX500 (ES), hinting at possible headwinds.
🔴 Short- and Long-Term Outlook:
We’ll explore both bullish and bearish setups, equipping day traders with insights to approach both short-term and long-term trends effectively.
🗣 Short-Term Outlook:
In the short term, two scenarios could play out: either a push into the Buy Side Liquidity targeting the Previous Week High ( PWH ) and after that leading to a lower move. Lower timeframes will be crucial for monitoring these moves—drop down to spot key market movements in real-time.
🗣 Long-Term Outlook:
Looking long term, there’s potential for a pullback into a Premium level. For entries, tracking lower timeframes is essential. The Bullish SMT divergence with SPX500 (ES) reinforces the possibility of a Upward expansion.
🕓 Key Levels to Watch:
These levels will likely shape price movement:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
Fair Value Gaps (FVGs) serve as pivotal retracement zones, potentially guiding the next price movement.
📈 Bullish Scenario:
In a bullish setup, watch for Low-Resistance Sell-Side Liquidity sweeps on lower timeframes (LTF). Look for entry signals targeting higher levels, including a potential move toward the all-time high (ATH).
📉 Bearish Scenario:
For bearish trades, focus on lower timeframes such as the 15-minute chart. Short entries within the 4-Hour Imbalance or a breakdown of Low-Resistance Buy-Side Liquidity provide further confirmation.
📝 Final Thoughts:
Stay adaptable as market dynamics shift. By monitoring these key levels and setups, you’ll refine your strategy and increase the potential for high-probability trades.
🔮 On the Radar:
We’re also tracking NASDAQ, DXY, EUR/USD, and other major markets for evolving insights and timely updates.
⚠️ Disclaimer:
This analysis is for educational purposes only and not financial advice. Always do your own research and consult a licensed financial advisor before making any investment decisions.
The 3 Reasons Why You Should Buy This StockOn mainstream media
you may have heard that this stock hit a downgrade
and hence was not a good buy to consider all.
First , you should not short
this NASDAQ:HON stock price
Second , try not to use too much margin
when trading this stock price.
Third , create a system that will help you understand
trend analysis..
This is why in this chart we are using
something called the rocket booster strategy
This strategy has 3 Steps:
Step#1: The price has to be above the 50 EMA
Step#2: The price has to be above the 200 EMA
Step#3: The price has to gap up in a trend.
If you try your best to understand
the re-entry of trading systems then you
will be in a better place to understand trading
the capital markets.
Remember to rocket boost
this content to learn more.
Disclaimer: Trading is risky please learn risk
management and profit-taking strategies.