Hello, traders!
I mostly post cryptos here but I also trade indices so I wanted to share my ideas.
Markets are showing steady and calm movements as the election approaches and I think now might be a good time to watch over the indices.
I often check the indices because I trade them regularly - my idea behind the trades is simple. "It will rise if it gets too low." Of course I wouldn't do the same for cryptos but I feel much more confident with the indices.
Looking at my charts, I noticed the indices are now pretty close to my entry points which are bottom (support) lines of the regression channel and the pitchfork.
With the election and possible rate cut ahead this week, there's a great possibility the markets will move upwards - even regardless of the result. This is due to the excitement for the new government. I'll keep watching.
I mostly post cryptos here but I also trade indices so I wanted to share my ideas.
Markets are showing steady and calm movements as the election approaches and I think now might be a good time to watch over the indices.
I often check the indices because I trade them regularly - my idea behind the trades is simple. "It will rise if it gets too low." Of course I wouldn't do the same for cryptos but I feel much more confident with the indices.
Looking at my charts, I noticed the indices are now pretty close to my entry points which are bottom (support) lines of the regression channel and the pitchfork.
With the election and possible rate cut ahead this week, there's a great possibility the markets will move upwards - even regardless of the result. This is due to the excitement for the new government. I'll keep watching.
Note
Looking good right now!
Trade active
I forgot to update my trades here. My apologies.
The indices are looking very good right now.
Election hype was already enough to jump the markets but with Trump winning, we see a bigger gap up.
God bless you :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
God bless you :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.