Technical : Firstly we saw the dollar rally at the beginning of the current weeek, reaching resistance, later it dipped(Trend Continuation to the downside). NY OPen saw price at the buttom of structure, then followed by a consolidation(Price pause into Equilibrium). At 50% EQ , a multi session resistance gets hit. following that we saw price gets to multi...
The rally is about to get in foreign currency about to rally? . The rally is about to get in foreign currency about to rally?. GBPUSD bullish rally after then previous weeks rise in the exchange rate. This is a new trend for the GBpUSD exchange rates which is positive for you. This is also a great opportunity to increase your buying power. Buying GB/USD at the...
USD could the dollar index be getting back on its feet. Fourth-quarter early bullishness could be setting in early to set tone for early sessions come 2022 first quarter. I am bullish on the dollar index. Technically I am looking to go long long on a long-term basis. USD could be setting itself up to justify the move going down following my observations of...
EURUSD , We saw the current price action failing to make lower-lows, however the current days price action in relation to yesterday's price action, we saw price potentially forming a bullish engulfing pattern so meaning that price is been trading currently at this point above yesterday's highs. Will this move to the upside represent a bullish streak for the next...
Gold on a Daily TF (Daily Timeframe) , the Precious metal looks to be on a Bullish streak at this scale. After having found support at 1725 price point, a very bullish engulfing signal came into play. I'm looking for price to rally up towards my entry point, There ill employ a prepare risk management to join the order flow going to the downside. Structure :...
am i just a bullish trader or is this setup valid ? There's something in psychology that needs to be explained. how is it that everything i see , i keep looking for long positions ? . Anyay here s my perspective.
NZD @ 1.66388 looking for a short sell on the EURNZD.
XAUUSD God is as clear as a day! Do you think of the dollar index what really comes into your mind when thinking of it correlation. A basket of currencies weighted against the dollar. Which is heavier?. Anyway I have a Barish perspective on Gold. The rate statement ,the Great British monetary report hearings, a lot is just happening for The Bank of Canada...
We all want to go long, however, with every rally there is a retracement. this here is my short term position, before going long.
Nas100 keeps melting and losing strength for a number of days now. I broke our diagonal support trend line, now heading for our extreme lows. will it reach those lows or will it continue on its bullish streak ? . lets wait/hold and see . leave a comment below and share light with us on your perspective.
Beyond technical analysis ,here is a study of the commonly 'slept' on index. There has been a number of varioubles that clearly indicated a bearish setup months ago. there has been enough clear and signaling setups that helped justify the bearish momentum of the trend. #candlestick signals , #Elliot wave , #trend breakouts and a lot more were inevitable; the...
Patterns : Cup and handles ABC patterns Head and shoulder
Good day fellow traders, we have seen the Euro surge , and Alpha have been riding the tend ever since. With this onto play, he have been keeping your trading simple ,and trading according to the books. setups have been unfolding and we have been applying the knowledge the we have a acquired from our foundational phase . leave a comment and let us hear what u...
Price finds a deand zone, it the respects the zone and bounces off of it.. on the same Zone.. stars align .. we get a fibo Golden tap .. price jumps into liquidity zone to find support.. so from here ?? we say up up and beyond.
The structure seems to be perfectly clear. what more could a trader ask for ?. I have been waiting for this to complete my 38.2 Golden ratio setup completion.