Trend Negative, Strength Medium The degree and nature of separation in both bands indicates a negative trend. The price is trading on the lower side of STMA Band. The probability of a next negative candle is more than 70%. Important levels are marked on the chart. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
It's the 4th time in 2 weeks the price is rejected by the level 128. Now the 128 level will act as a strong resistance. Currently the price is in a negative trajectory. For Intraday I go for a short trade if the price opened below the level of 128 and the trade range is 128 - 125 - 123.50 Disclaimer: This is my pre market analysis and my trading journal. Not a...
The degree and nature of separation in both bands indicates the start of a downtrend. But the price has been trapped in the Darvas Box. So the breakdown of the box confirms the downtrend. And a short trade with a R/R - 1/3 can be planned with a stop loss of 724 if breakdown happens with momentum. Disclaimer: This is my pre market analysis and my trading journal....
Daily tf: Trend Negative, as long as the price is below LTMA Band. Weekly tf: Trend Neutral, Compression Zone Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Possible US30 Weekly Setup. We have tapped into supply on the HTF and have seen a change of character in order flow. Possible bullish week for stock indexes following the increase in interest rates by the federal reserve last week. Week of 7 - 11 November 2022 This is not a signal.