Cfds
Could CPI data help the US30 confirm a continuation? Hi, and welcome to today’s update. In today’s video update, we’re looking at the US30 and wondering if today’s CPI could break the consolidation deadlock we are currently seeing price sitting in.
Price continues to be held in an ascending triangle pattern, and in uptrends, these are typically seen as continuation patterns. We can clearly see that price remains in an uptrend, so if we see better than expected CPI data today, could that be a driver that sets off buyers? Better than expected data could tell the market that peak inflation could be here and that rates could move into a holding phase or at least see a smaller increase.
But if we see worse than expected data, this could set the pattern up to fail, and we could see a new break lower. For now, we will look for the current trend to remain in play until we see further price action telling us otherwise.
US CPI data is due out at 8:30 am EST. Good trading, and enjoy your Wednesday.
NDX100 sellers are struggling to beat 11,780 for nowHello TradingView community, today’s video update is more to highlight an area as opposed to looking out for a potential set-up.
Tech stocks have been having a hard time of it lately, but we are seeing and watching an area between 11,780 and 11,550ish. The bottom is not exact, but after looking at the NDX100 you will see the point being made.
This area, for now, continues to reject sellers and continues to present as demand and possibly support for buyers. It’s no more than a level of interest for us at the moment. We could see price continue to hold there and perhaps push at a new move higher, or we could see sellers railroad the area.
The key for us will be if this level can continue to hold. If so, we will look for further price action to start thinking and looking for new ideas.
Good trading.
GOLD price choices, current situation 50/50, long is preferableHello my friends, today I want to talk with you about GOLD .
Gold now inside big range, accumulation zone.
At this moment price already trades above of support line after tested
now price come back and tested it and closing with good separation that's mean there's buyers in this area
volume profile confirms it
Current situation is 50/50 but for me personally long is preferable.
for now the bull scenario seems more logical.
So be ready for such scenario.
lets see
Enjoy the market
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you
Natural Gas (NATGASUSD): Did You See That Confirmation? 💨
Update for my yesterday's post on Natural Gas:
the price retested a broken supply area and I spotted a very nice confirmation.
The market broke a resistance line of a bullish flag pattern.
Now you can wait for an occasional retest to buy expecting a bullish movement at least to 5.68 level.
❤️Please, support this idea with like and comment!❤️
DAX - Long Chance around 14320The Dax is on the way to close the gap, where is also a nice support.
Trend is up, so here we can look for long with target 14360 and 14420.
HK50 Returns To Bullish ChannelThe HK50 has managed to returned to the bottom of its bullish channel that was created on the 1hr/4hr time frame. This kind of price rejection on the downside is positive for the bulls, and the possibility for a continuation on the upside is very likely at this point. We are approaching the end of the year, and we are approaching Thanksgiving. Market participants tend to be more optimistic around these times of year, and with risk off sentiments dwindling, the possibility for the HK50 to create another high is very high. This kind of play would present itself to have a very high risk:reward ratio, and it is a play I am most certainly playing. Stop loss is below the bullish channel and target is at the last high.
Bitcoin still a sell 👇🤷♂️❓Is bitcoin still a sell?
Who knows with this volatile instrument!
All I know is I'm happy to trust my back tested strategy.
Entry details are shown on the chart.
Working the 2H time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
UKOIL Weekly Neowave AnalysisIn Weekly TF, we can see a Double Flat correction forming, And we are currently on wave B of the second Flat, I expect the price to get range in a few years from now between 80 to 100$. This Range should at least take till the end of 2021 and normally till the end of 2024. After that I expect another crash in oil price which should take price below 30$. What economic event may cause it? Noone knows :)))
DE30 sell valid and running 👇👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.