XAUUSDon higher time-frame wick could be filled before newer highers are created
retracement and now continuation to upside 17** ?
anticipate - react - execute
cheers.
Technicals
Shorting EUR/USD againJust a trade idea. A bearish engulfing pattern has form at the end of 4h candle. Let's see where this goes in the coming days.
EUR/USD is starting to climb upSo in my previous post I have mentioned that I have decided to close it with a loss since it's now making sense that we have finally reached the bottom. RSI is slowly rising and a good bullish engulfing candle in the 12H time frame (can't show it here because this is just a free account lol). I don't mind if the price is still below the trend line since to me, a good candle beats them all. Anyways, we might be seeing a good movement here most probably next week as there's no exciting news for today.
The target price is too far I know but that's the view of the nearest significant resistance. I wouldn't mind closing it a little bit earlier if we see some significant price rejection at some price levels.
EURJPY analysisEURJPY is making nice movement to the downside as we come into recent levels
we could potentially see recent wick filled into sell zone but stay aware - new LL coming soon
anticipate - react - execute
cheers.
XAUUSD analysis (15min)closer look at the potential beginning of a deep retracement... (1590)
recent impulse to the upside only leaves me wondering.. relief?
over bought market - exhausted - beginning of retracement
recent levels indicated - with confirmation we will look at 1610 zone as first deep run
anticipate - cheers - execute
cheers.
EURUSD update*in respects to recent EURUSD analysis..
anticipated impulse towards upside zone - overall relief stage of overall oversold territory
follow price and respect accordingly
see past EURUSD analysis to see overall movement..
anticipate - react - execute
cheers.
USDJPY update* (15min)in addition to recent USDJPY analysis..
more detailed look at price -recent closures for new lows - looking for continuation
anticipate - react - execute
cheers.
GBPJPY SHORT LOW RISK HIGH REWARDGBPJPY sitting at strong resistance level, awaiting breakout towards bottom support.
TP1: 143.585
TP2: 142.58
TP3: 141.7
SL: 144.864
EURCAD update*in respects to recent EURCAD analysis..
false break - strong bullish push to new highs - retest & continuation
looking to secure recent highs but first need confirmation on next bullish move into higher targets
(check higher time-frame on recent EURCAD analysis)
anticipate - react - execute
cheers
GBPUSD update* (15min)in addition to recent GBPUSD analysis..
breakouts on recent levels - LL to LH
anticipate - react - execute
cheers.
GBPUSD update* (daily)GBPUSD update...
bearish market with recent closure - pullback into recent - respect - confirmation into new LL
patience into the sell zone vs playing the pullback - your choice
anticipate - react - execute
cheers.
EURAUD update**in respects to previous EURAUD write up - simple.
play it smart & understand price
impulse leads to..
potential for higher push but no need to chase
anticipate - react - execute
cheers
NZDUSDin relations to impulsive market behaviours we are playing the pullback to secure new highs in the bearish market
sell limits above or buys below - same outcome - patience & execution with price
liquidity is picking up and we are in over sold territory - actions speak louder than words
anticipation - react - execute
cheers.
USDJPYrespects to recent 109.850 psych zone
looking for continuation to 109.960 as a target before 109.500 where market will either continue bullish as a relief stage after impulse, or ..
from that we can hope to see a big push to 109.200 as this zone lines up with fib - respectable psych - gab
either or lets enjoy
cheers.
Bitcoin Supports Held Perfectly!Hi guys. Just a quick post to show how perfectly our supports held. We still haven't reached our target zone (see previous posts); however, proper risk management should have dictated that you at least sold a bit of your holdings for profit. I still believe our target zone is in site. And then? One final HUGE hurdle as we look to escape our long-standing triangle from 2017. I don't know what will happen then, but we may have one last down swing (even into the 6.5k range) before the bulls finally win this 2+ years correction once and for all.!
Happy trading!
EURUSD Macro UpdateThe Euro has sunk and moved in line with our last market update however our models are now signalling signs of greater downside risk than a short/medium risk reversal.
Macro view
Options
- A bearish shift in market sentiment with put options (bearish bets) now claiming the highest premium in nearly four months
- One-month risk reversals (EUR1MRR) (higher volatility put premiums), crossed below zero on the 10th February and fell to -0.425 last Friday, the lowest level seen since 29th October 2019
Futures
- Hedge funds (leveraged funds) substantially increasing EUR short positions
Thematics
- Dollar bid remain supported under risk aversion
Technicals
- Symmetrical swing into 1.07xx institutional floor likely before any meaningful correction
Our last update
EURAUDafter a massive bearish weekly we anticipate some liquidation/relief/profit taking etc into the 1.65200 zone for the first target
daily - 4hr and so on we are giving signs of exactly this as the 1.610000 psyh zone has proven relentless - (look left)
weekly candle = bearish - play pullback - be patient - secure entries
let us execute this week
cheers.
EURUSDEURUSD
playing the pullback
good opportunity to place sell orders to catch pullback into lower lows - secure new highs on bearish market into end of feb.
eyes on the 1.09000 psych zone
cheers.
