The downward trend line on the daily chart acts as resistance, and ES struggles to push through Anchored VWAP at the high of the year, acting as an accumulation point for shorts Factoring the Inflation report and Fed rate decision into this week’s sentiment Resistance You will remember from the analysis on December 2nd that Read More…
NQ remains within a tight consolidation zone Different ways we can capitalize on the breakout Targets for each direction and what it means for markets in 2023 NQ Remains Within Tight Range Amid Inflation Report NQ has been stuck in a 574-point range for almost a month now. We saw a huge rally in markets Read More…
The engulfing candlestick pattern signals potential trend reversals. And since candlesticks patterns are not laggy, you have a higher probability of catching the onset of a trend. Throughout this guide, we’ve discussed how you can identify bullish and bearish engulfing candlestick patterns and how you can use them to trade market reversals. What is the Read More…
The double bottom formation was confirmed after Powel’s comments yesterday. A Bullish divergence pattern is spotted on the weekly chart. Momentum is firmly in the bull’s favor. Massive Price Rally in NQ Wall Street jumped on Wednesday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes Read More…
Who Is He & Why He Chose OneUp Trader Jipson is a veteran trader from Wisconsin who completed the $50,000 Evaluation this year. He believes OneUp Trader offers the best deals in the industry, with a one-step evaluation, a flexible daily loss limit, and less restrictive maximum drawdown parameters. Jipson loves the 24/7 customer support Read More…
Market volatility is an important aspect of price action trading, and with the Bollinger Bands indicators, you can easily visualize an asset’s volatility. It shows how the price fluctuates around an average value, in this case, around a moving average. By the end of this guide, you should understand how the Bollinger Bands indicator works, Read More…
