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Retracement

S&P500 Retracement 07.12.2023The U.S. benhmark indices are currently experiencing high volatility and large deviations from the mean. Yesterday the S&P500 dropped heavily and has not retraced fully after reaching the important support at near 4550 USD. This might be completed today with the index price reaching the 61.8 Fibo level at least as indicated by the arrow. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
VANTAGE:SP500Long
by Stuart_Cowell
1
-WEN RETRACEMENTS??? - Bitcoin Retracements and Volatility ZonesDue to the fact that the current prices have large previous transaction volumes we are held tightly to narrow swing ranges. When previous order volume on the price scale is removed, price will move faster up and down the scale looking for support. Lack of price history allow for larger price movements and retracements. Notice the zones highlighted in this chart comparing the last bull run exhausting it's previous price history and increasing volatility. This is also applied to the current price zones as compared to the 2021 - 2022 price history. POC's from previous value areas in history will be necessary to indicate support areas when volatility increases.
INDEX:BTCUSDLong
by WestClintwood
USOIL Rev Retracement 16.10.2023Crude's volatility levels are high. It reversed recently to the upside and continues breaking important resistance levels on its way up. Since the recent rapid movement to the upside seems to have halted, it is quite probable that a retracement will follow as per the arrow on the chart and Fibo tool. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
TShort
by Stuart_Cowell
3
Will Gold retrace to retest support then head to test ATH?Good afternoon traders, Although the trend for Gold is bullish as the weakening US Dollar is seemingly more and more bearish with all the dovish signs from the FED, gold has met resistance at the 1945 area and may be showing signs that it is over extended and is going to need to retrace to the nearest support areas, (2035, 2030, 2015, 2005) before continuing up towards the ATHs. We will be looking for buying opportunities along the way. My current target buying area is 2005-2020 obviously depending on how the precious metal decides to react. From there I will be looking at targets around 2060+ depending on if gold goes into price discovery from there. As of now this is my analysis on gold, but if the market changes then my analysis may also change. Remember we cannot guarantee where the market is going to move, but we can determine how we are going to react to it. Anything I write and post is not financial advice, it is strictly my analysis on where I may personally place my trades. I will post updates as the trade moves forward. Happy trading everyone have a wonderful Thursday!
OANDA:XAUUSDLong
by iBuildwithStone
2
Bitcoin Where to Buy- Everything is in Chart. - Actually TheKing entered a a correction phase. - We climbed for 4 Months Straight. - This kind of retracements are just normal. - if TheKing still bullish the maximum correction will hit -38.2% Fibo (around 25k$). - if Theking get hurts by a bad news (FA), the correction could bring the price around -61.8% FIbo (around 21.5k$). - The worst max pain dip would be around -78.6% Fibo (around 18.5k$). - Have a quick look at EMAs Rainbow Crossing up to get a more clear view and understand future movements. -- imho we are still slowly turning to a bullish impulse. -- Nothing confirmed that we will hit lowers prices for now. Stay Safe ! Happy Tr4ding !
BNC:BLX
by thecryer
7
For Week 2023/11/20-24, A slight bearish move for XAUUSDConsidering the relatively muted weekend activity and the ongoing weakening of the USD, it's reasonable to anticipate a slight bearish correction for XAUUSD in the coming week. The absence of a significant weekend push and the prevailing market conditions suggest the potential for downward movement. However, it is essential to closely monitor any shifts in global factors, market sentiment, and economic indicators, as these could influence the trajectory of XAUUSD.
PEPPERSTONE:XAUUSDShort
by sharpie0319
Gold Run Big Time Bullishretraced into a FVG recently broke structure on the 5 min so either it swept its liquidity down there in the FVG and continues breaking the old high that i marked out as black (5 min, 15 min, 1h, 4h) and just rallies or it´ll go down again sweep liquidity once again and then will continue to break the last highs. tp under the FVG that i marked out that could bring sells. also the other higher time frames are bullish. so lets look for thos longs and start makin bread!!
OANDA:XAUUSDLong
by Tradingvali
EURUSD APPROACHES THE RESISTANCEThe EUR/USD currency pair recently experienced a notable bearish movement as it broke through a significant support level and trendline, signaling a downward trend. The price subsequently reached a key monthly support level, from which it initiated a retracement. This retracement is currently in progress and is aimed at reaching the 50% Fibonacci retracement level(1.0900). The overall trajectory for the week remains bullish, with the price expected to continue its retracement toward the 50% Fibonacci level. We can use the slight pullback to add buy positions with the initial target at 1.08100.
Long
by DennisDims
2
GBPUSD Retracement 15.11.2023The GBP depreciated today after the CPI data release which was lower than expected. The Inflation rate has been lowered significantly. The retracement is more probable since the dollar tries to regain strength and the GBP depreciates from the effect of the report. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
Short
by Stuart_Cowell
NAS100 Retracement? 13.11.2023Wall Street's main indexes ended with big gains on Friday, boosted by heavyweight tech and growth stocks as Treasury yields calmed. NAS100 surged to high levels and after finding strong support it experienced a retracement. The retracement is not completed yet technically since the index did not reach apparently to the 61.8 Fibo level. As per the arrow, it is expected that it will eventually touch that level. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
PEPPERSTONE:NAS100Short
by Stuart_Cowell
1
NAS100 Finally Reverses? 10.11.2013It is probable that it is the time for a retracement after a long way up. The index has been on the uptrend for sometime. Since the price reversed and crossed the 30-period MA on its way down it signals that an end of the uptrend has taken place. That does not mean however the start of a retracement to the 61.8% just yet. The price needs to break down important support at near 15150. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
BLACKBULL:NAS100Short
by Stuart_Cowell
2
EURUSD Retracement 10.11.2023The pair started to deviate from the mean by going downwards. It changed direction to the upside and so moved around the mean. However it eventually settled lower as the USD was picking up strength against the EUR. The last movement to the downside was relatively a rapid one. The pair found strong support at near 1.06580 that could serve as the 100 Fibo level. A retracement is possible back to 1.06790. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
Long
by Stuart_Cowell
1
USOIL Retracement 08.11.2023Potential retracement opportunity for Crude oil considering that the resistance at 77.5 has been broken indicating a signal to the upside. The price has experienced a sharp fall recently and a strong support is currently preventing the price to fall further. Technically and considering the volatility of Crude oil's price, a retracement should take place. Alternative scenario: The 100 Fibo level acts as a support that if a breakout occurs to the downside, the price could drop further rapidly until the next support at 75.5. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
TVC:USOILLong
by Stuart_Cowell
1
DXY (Dollar index) Retracement back up to 105.600Following from last week hectic week of news events, we had a nice end on NFP friday giving us a clear indication on what price wants to do. As you can see the dollar has been ranging on the higher time frame, generating liquidity and testing new possible highs however failed to do so. Scenario (A) - We have a strong bearish candle breaching the low of the range, breaking the structure to the downside. This hints that the dollar wants to move in a bearish trend and possibly want to take the HTF trendline below that was left from the previous rally. From this move, we have marked out new supply zones that we can sell from to continue this expansion. As of current price we have entered a nice (4hr) demand zone that has previously caused BOS to the upside this can allow us to buy back up towards the supply above. Already we see a nice reaction within the zone as well as price accumilating so we can possibly look for nice buys on monday once we get a CHOCH on the LTF's. We will then target the 13hr supply zone above as thats our main POI for a potential sell setup to form. Scenario (B) - Is that price continues to the downside and fails this zone to sweep the liquidity below. As theres a lot of asian lows and engineering liquidity, price can easily take this to tap into the daily demand which is a better zone to buy from to target the supply above around 105.500. My confluences for short term dollar (DXY) buys are as follows: - Price tapped into a 4hr demand that broke structure to the upside. - Wyckoff accumilation is starting to formulate due to the slow movement inside the zone. - Imbalances left above from NFP news event that price needs to come fill. - If price wants to continue in this bearish trend it must retrace back to the supply above. - Liquidity from the previous low has also been swept (which is the bottom of the range) - enough liquidity to possibly cause price to retrace back up to 105.600. P.S. From last weeks DXY breakdown (29/10/23), My scenario (A) played out how I expected as price respected my 7hr supply zone that I marked out and melted perfectly from that zone which caused price to break structure to the downside. I am temporarily bearish on the dollar so our next POI's to continue this order flow will be at the 13hr supply or the extreme (7hr) above.
CAPITALCOM:DXYLong
by Hassan_fx
2
NAS100 Post Reversal 03.11.2023Wall Street is close to its best week of 2023 on hopes for a halt to rate hikes. The Index experienced a strong reversal. The path though is quite unusual since no retracement has been recorded yet. This might be the opportunity to catch the retracement. The index is expected to return back to the mean and the 61.8% of the move at least. As per the arrow. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
PEPPERSTONE:NAS100Short
by Stuart_Cowell
1
EURUSD 02.11.2023The EURUSD has experienced several reversals that might give us the opportunity to take advantage of another retracement. As per the chart, the price reversed to the upside. Now it looks like it is retracing back to the mean. As per the arrow. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
Short
by Stuart_Cowell
1
Gold Post Reversal 01.11.2023Gold experienced extreme volatility. It broke the triangle formation upwards testing again the 2009 USD resistance level before it finally reversed suddenly with a drop to 1975 USD/oz. This reversal could create an opportunity for a retracement as per the arrow and back to the 61.8% of the downwards move. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
OANDA:XAUUSDLong
by Stuart_Cowell
1
EURUSD Post Reversal 01.11.2023It is apparent that the EURUSD reversal to the downside raises question's regarding a follow up retracement to the upside. EURUSD is teasing us here with the Fibo tool fitting nicely on the chart. Let's see. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
Long
by Stuart_Cowell
USOIL Reversal Retrace 20.10.2023It seems that Crude moved rapidly upwards, a reversal that crossed the MA on its way up. Retracement is almost impossible not to take place considering oil's volatility. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
TVC:USOILShort
by Stuart_Cowell
November Soybeans Test 1300 The November soybean contract tested 1300 per bushel on Tuesday, trading all the way up to 1303 ½, before ultimately settling at 1296 ¾. The question is now - where do we go from here? Psychologically Significant Resistance Failing to close above 1300 means we failed to close above a psychologically significant resistance level at 1300. Moreover, we’ve previously identified 3-star resistance between 1294 and 1299 ¾. Because we closed within that resistance pocket, it’s possible that we test 1300 and beyond once again in Wednesday’s trading session. But what if we don’t? If the market corrects lower on the failure to trade through resistance, where do we find support? Previous Resistance Becoming Support If we reject higher prices in tomorrow’s trade, previous resistance between 1280 and 1285 ¼ should serve as the first line of defense. Meaning, that if we see prices sell off throughout the session on Wednesday, we should expect prices to bounce back somewhere between 1280 and 1285 ¼. If we cut through 1280 rapidly, the next sufficient support pocket may factor in near the 38.2% retracement level between the May 31st and July 24th price extremes - coming in around 1249-1250. The Bottom Line We are in the midst of a pivot in the November soybean contract. Tomorrow’s price action should provide guidance on the intermediate-term’s price trajectory. Last week’s USDA report was mostly supportive of the soybean complex, and export sales have performed well over the past 6 weeks. That said, net-exports remain lower than they were at this time last year, and global demand remains deflated. Pay close attention to tomorrow’s closing prices as they may indicate the direction of the trend over the next 2-4 weeks. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CBOT:ZSX2023
by Blue_Line_Futures