With a lot of unclarity about the BOE`s next rate decision the market is likely to stay within this triangle untill that starts to clear up .
Maybe a long after the ECB`s news settles down , initially unchanged policy would fuel EURO sellers into the lows but lagarde could potentially go more hawkish about future policy decisions ultimately fueling a turn to buy EUROS
Market Above Previous all time highs , responded to rumours of rate drop and has not gone down any , market at potential situational boundry and therefore unlikely to respond violently on new dovish news and or potentially returning back towards the previous FOMC area . Market jumped 3000 and rejected .. potential entry.
Last weeks NFP number was expected to be better by institutional entities due to the fact that the people graduating from school will add to the workforce , also the rate cut is still likely to happen and we are currently at the same level as we where at the last interest rate decision from the fed and the slightly below the ECB interest rate decision level ,...
sell to Buyers above line , liquidity from neg number should do .. tg around .121 maybe
Longs flushed , shorts coming in from previous stop level and positive number to provide liquidity for entry .. Likely target .117 - .118
Waiting for the USD/JPY to break the highs and test the skipped top bottom pattern way on the left . When this pair breaks the highs then it will be diverging on the H4 and therefore give a valid sell signal . I have tried selling this before but got sucked into wishfull thinking so don`t expect to much from this. The target is still the same as my previous...
Looks nice .. stop can be placed IMO worth the try .. but in trading nothing is certain though .. Trade near the point where Divergence becomes higher high ( Invalidation point) Targets based on top bottom structure also near the round number again Good luck
I don`t trade this but like to get some btc and trade it lol
1 hour short low risk reward .. might get spiked out.. who cares as long as you get the idea
VERY SPECULATIVE : USD/JPY is showing some OSMA bearish divergence into a new high within the current rally. The targets are based on a potential pattern that could be forming right now ( M pattern) and the stops are based on some old highs. This is an incomplete setup and things may change over time invalidating the current view. I would also like to point...
Only 2 drives up untill now . At the low right now , could potentially go up towards 1.22 if it is going to complete the pattern.
Speculative 3 drive with divergence .. Target previous Monthly High
The Overvalued stock market is starting to show in my opinion some good looking divergence above the previous all time highs . A logical place of interest to me would be 2500 but markets can always continue higher and choose a different level.