As I wrote in my last post on SPX500, the long-term momentum is bearish and the supply above is a great level of sell position for swingers or long-term forex traders, as we waiting For the price to reach the supply above, the price created a new
As we can see the SPX500 is bearish now for the long-term. There are 3 scenario that i’ll wait for: 1 – The supply above is a great continuation level of sell position, if the price return to that supply i’ll sell there and my
While I’m waiting for the price to come back the supply above for almost 2 months, the price has created a new fresh demand below, for now, the price is just about to hit this demand, I’ll buy at this level and the supply above will
For the upcoming week of the Forex market, I choose 2 pairs and 1 index, which was most clear for me to read their price action and marked their key levels to look for positions. EURUSD – As we can see, the EURUSD created a great
For the long terms, the SPX500 has reached a new record recently, As always, after a long rally, I’ll prefer to look for sell position, I believe in the simple logic of sell high And buy low, and the SPX500 is definitely in a high
The SPX500 Index has just broken the last record in the last 2 days. In order to keep going with this bullish momentum, I’ll prefer to wait for the price To return to pick some unfiled orders, the demand below seems like a great Continuation
The supply above us is a great Quasimodo level, since the price broke the last low from the recent uptrend there is a high probability the price now tends to reach the demand at the bottom, i’ll sell at the supply above. My first target will
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