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Puretechnicals

Overall Range Meanwhile Daily Bullish Monthly: Overall Ranging , Most recent two candles show that buyers are in control Weekly: Overall Bearish, Price is Currently Retracing and may find resistance at current level. Daily SETUP : Overall Bullish, Price has broken resistance, creating a CHOCH Confluence #1 , Found Support @ 38.2% (FIBONACCI) Confluence #2 , Price forms a Bullish Engulfing Pattern Confluence #3 ** Price Must continue to Test Trend Line on Daily** Marked Entry will be on H1: Price must Break LH (1) and Test New Found Support(2) ended with a Bullish Engulfing Candlestick Pattern (3) Daily Targets Based off where price currently is (Disclaimer: These are TARGETS not Take Profits) **You take profits alone the way.** A. 0.69384 B. 0.71175
Long
by Treymarkuebethea
1
Swing SHORT SP500 Whole U.S equity is in a downtrend, from a macro standpoint I don't think the market has price in the future interest rates hikes... There is still downward preasure from a pure technical point a view : -Price is in a downtrend -Finding resistance -RSI getting into overbought zone in low timeframe inciting a imminent correction. and from a fondamental view ; -Way too aggresive of a rebound - Markets hasn't priced in the future interest rates hikes -Shilley P/E that a consider too high at 29...
SP:SPXShort
by Ant2ny
EURUSD REVERSALPrice has began Consolidating at a Known Pivot Point that hasn't been touched since 2020 and 2018. (Weekly Wicks/Buyer Exhaustion) H4 shows Break of structure/Support to push down. Price is very choppy currently where it is. (Countertrending Break/ Support Break) 2 OPTIONS: 1. Price on H4 has already broken support and it now at NEW found Resistance but consolidated. IT will push DOWN! 2. Price may consolidate a Tad bit more before the down push. (Patience) TP1/Projection: 1.20627 TP2/Projection: 1.20108
Short
by Treymarkuebethea
CAD/JPY MONTHLY PIVOTKey NOTES Price is Overall Extremely Bullish and looks to be ready for a bullish continuation push. 2H Break of Resistance signifies a buyers could be stronger at the moment. Price has hit a Known PIVOT POINT that has not been touched since 2017. 2 Options 1. Price could resume its bullish push, just waiting for a some bullish variation/engulfing candle on the H4/H2 (Projection for Continuation:91.778) 2. Price will break past my counter trendline and retest new found resistance, pushing price down further (Monthly Pivot Point/Resistance)
by Treymarkuebethea
ETHUSDT ConsolidationPrice is overall Bullish ! (Monthly, Weekly, Daily) ***Based Off Pure Price Action Market Structure*** Currently Ranging in a triangle which will eventually POP! Price has 3 options. 1. To Pop Triangle Resistance created NEW FOUND SUPPORT to continue its Bull RUN! 2. Somehow break Support of the Triangle and creating NEW FOUND Resistance to PUSH price Further down. 3. Continue to Consolidation in this Triangle a bit longer until it decided to POP! From where the Market stands now My Bias is moved toward option 1 considering the insane amount of wicks/exhaustion coming from the Sellers! Pretty much a waiting game now. Long Term Projection: 4757.20
Long
by Treymarkuebethea
1