Hello everyone, here is the top-down analysis for NZDUSD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hi traders: Once again I am looking at EURNZD for the sell potential. Looking back, price has manage to drop down every time it reverse back to the top. Overall HTF structure continues to evolve, and now we are sitting at a good area that we can potential see reversal. Go to the LTF, and look for continuation correction for the sell, back down to the lows of...
Hello everyone: GBPAUD has reach to the top of the HTF structure , and begin to form reversal price action. This is a good indication from the market that we may begin to see the next bearish push from the top. Latest price action form this ascending channel structure on the LTF, and begin its bearish impulse. Wait for the complete breakout, and a LTF...
hi traders: OMGUSD is showing great price action for reversal up move. We see price has been in this down trend since mid August, and slowing push price down to the previous lows. We then see price developed into this inverse Head and shoulder, had its LTF bullish push up and formed continuation correction. Since price has already broken out, then good to...
Hello everyone: I have been looking at LINKUSD for the next bullish push to the upside. We see the overall price action on the HTF had this massive bullish impulse up, and begin its consolidations since mid August. Price has manage to push itself down correctively, and that is a good indication that the HTF is forming a larger structure, and we can get the...
Hi everyone: AUDCHF from the HTF is shaping up for the bullish up move potential. Price has been in this large, parallel channel structure since beginning of June. Latest price action has finally broken the previous low, and a strong bullish reversal price action on the LTF. This is good indication that the HTF parallel channel could be completing, and buying...
USDCAD - Technical and Fundamental View: Dollar Fundamentals view: - Either way there will be further stimulus I am longer term bearish on the Loonie. - We do have the elections, if Trump goes through and depending on takes over the senate as well is key there will be further reflation trades that will be very interesting to keep in mind and I expect energy...
From the daily TF it has formed a rising wedge structure, it is broken already. The price is currently at the corrective phase. IT has made the corrective structure that looks similar to the parent structure. On H1 and H4 the price is respecting PATTERN WITHIN PATTERN nature. Which is making the pair to be more interesting. The key area points o FX:GBPJPY n this...
Hello everyone, here is the top-down analysis for NZDJPY, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Bitcoin is approaching the resistance of 12k. If it manages to break 12k I expect the breakout to be very aggressive, the minimum target will be 13.3k (next resistance) but can possibly extend further. Long trade opportunities can be taken above 12k upon a break.
Hello everyone, here is the top-down analysis for EURCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for BITCOIN, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Did anyone notice that the Covid19 Crash of 2020 fell to the level where Trump was elected back in November 2016? I thought it would be interesting to use the "bars pattern" tool to copy the US Presidential Election Year price action of the $DJI Dow Jones Industrials and paste it to the end of 2019 to see how we are doing compared to the last 4 elections. I'll...
Hi traders: I am looking at SPX for the next bearish push down this week. We can see price had a bearish run from previous parallel channel price action, but did not continue lower. We then see price start to correct itself and have been in this ascending channel since. Latest price action shows the LTF bearish impulse down within the ascending channel, and...
Hi everyone: Also paying attention to NASDAQ for further downside movement. Very similar like SPX, price action is showing us similar movement across the board. the previous bearish impulse did not continue down further, instead price begin to form this ascending channel structure, correcting the price up. Latest price action had a LTF pushdown, followed by...
Hi everyone: Looking at EURGBP for some bullish buy setups to the recent tops. Price has been in this HTF channel like structure for quite sometimes now. We see price has been very corrective, moving up slowly within the channel Latest price action has a strong bullish impulse form the previous descending channel structure, good indication for continuation...
Hi everyone: NZDJPY has recently made more price development that made me relook at the overall structure. I was looking for a potential long when price made a HTF double bottom, and a bullish impulse up from the LTF. Wanted to see more from the price to develop continuations, but did not see much was form. Price then form and completed this ascending channel...