If you're navigating conflicting biases, here are two potential setups:
1. Bullish 5-0 Pattern at 149.96: Long Opportunity
- Engage in a long position based on the completion of the Bullish 5-0 pattern at 149.96.
- This pattern signals a bullish bias, providing an opportunity for traders expecting an upward move.
2. Type2 Bearish Shark Pattern at 150.67: Shorting Opportunity
- Consider a short position if the Type2 Bearish Shark Pattern completes at 150.67.
- This approach factors in the possibility of Fed rate cuts in June, potentially influencing a bearish move.
As a trader, it's essential to weigh the conflicting signals and align your strategy with your overarching market outlook. Feel free to share your preferences and insights on these setups.
1. Bullish 5-0 Pattern at 149.96: Long Opportunity
- Engage in a long position based on the completion of the Bullish 5-0 pattern at 149.96.
- This pattern signals a bullish bias, providing an opportunity for traders expecting an upward move.
2. Type2 Bearish Shark Pattern at 150.67: Shorting Opportunity
- Consider a short position if the Type2 Bearish Shark Pattern completes at 150.67.
- This approach factors in the possibility of Fed rate cuts in June, potentially influencing a bearish move.
As a trader, it's essential to weigh the conflicting signals and align your strategy with your overarching market outlook. Feel free to share your preferences and insights on these setups.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
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Live session & Trading Tips on the GO
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🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
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Live session & Trading Tips on the GO
instagram.com/raynlim/
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
