MONTHLY - BEARISH WEEKLY - BULLISH REACCUMULATION SCHEMATIC 4 DAILY - BULLISH H4 - BULLISH - REDISTRIBUTION SCHEMATIC 2 H1- BULLISH
- LAST WEEK WE SEEN GOLD TRIED TO TOUCH 1745.00 TO BE REJECTED AND CLOSED RESISTANCE ZONE NOW OUR SUPPLY ZONE - GOLD CLOSED BELOW OUR DAILY LEVEL AT 1715.00, PRICE WILL CONTINUE TOWARDS 1695.00 AND POSSIBLY LOWER AT 1685.00 WHICH WILL BE OUR DEMAND ZONE - IF THE DOLLAR INDEX CONTINUES ITS BULLISH MOMENTUM I BELIEVE THIS WILL BE A GREAT SHORT OPPORTUNITY THEN...
- LAST WEEK WE SEEN A SIGNIFICANT BEARISH PUSH - PRICE TOUCHED OUR HOURLY LEVEL OF 139.700 BUT CLOSED BELOW OUR MONTHLY LEVEL OF 139.300 - PRICE SEEMS LIKE ITS GOING TO EITHER RETEST 135.350 THEN CONTINUE ITS BEARISH PUSH TOWARDS OUR MONTHLY LEVEL OF 132.300 - IF PRICE RESPECTS THE TREND INSTEAD OF RE-TESTING 135.350 THEN EXECUTE AT 134.950 FOR POSSIBLE SHORT ENTRY
- Last week we seen some bullish structure on the 4hr timeframe - Price action seem to respect structure; first scenario where price will push down towards our 38% fib levels and continue its bullish course or possibly price action will push all the way down to 25.00 where there was bullish trend transitioning to a consolidation
- USD vs CAD has been significantly bearish on all timeframes - Fallen back to our key level where price action gap towards the bullish rally in March - Re-test on 1.34590 to continue it course towards the bearish side to our Demand level
- Last week gold was pretty bearish, ended the week to retest on our weekly level of 1680 - This week we want to see a strong reversal on the bullish side, on the lower time frame we are already seeing a formation of lower lows - Bullish bias but on the second scenario we could possibly see another push towards 1660
- High bullish volume off this pair has been presented that we have a high probability that price action will reach our weekly and daily levels which will be 0.07020 and 0.70800 - First scenario will be a short bullish push towards our key levels - Our main scenario will hope to re-test on our golden levels and push down our key levels then look for bearish...
- Last week we seen a low of 1.20735 and bullish bounce toward 1.22690 - Currently on the 4H below our MA on the MA - On our hourly we have bearish confirmation
- Bullish on all timeframes - Last week we saw a bearish push from 1765 to a low of 17220 - Price is currently at 1730 (Pulling back) - When price breaks above 1738 should pullback to 1735 to possibly push toward 1800
- Major bearish trend, double top formation on all timeframes - Price pushed below our monthly support level to retest to a double bottom on the hourly timeframe - Possible entry on our key levels to reach a long term position but must break our support level of 1.24250 to consider it long to form the third top touch
- For weeks we have seen a bullish trend - Price broke above 1715.00 forming a higher high to retest back at 1615.00 on our 4 hour 38% level - Should push up to 1800.00 this week
- Higher timeframes are significantly bearish - Break and re-test on 4hr support as well on 38.2% - Patiently wait for short confirmations to target our monthly key level of 1.0600 - IF price levels pushes up to our 1.09000 resistance level, could wait for a long term short, IF and only prices pushes up to our weekly level 1.1000
- The daily time and higher timeframe are bearish but we seen a very strong 4hr bullish trend. - From the current level we will be able to decide if the overall bearish trend will continue or if this 4hr trend will push price action higher and start the daily trend transition - Price action is currently at the 88.6% and could see a strong reversal from our weekly...
- Last week we saw new push on DXY lower out of a 4HR BULLISH TREND toward 98.50 - From the 98.50 area I'll be looking for a bounce as all higher timeframes are significatly BULLISH and the 98.50 has been holding as key support for quite some time. - We also want to see DXY continue to remain stable and continue to range between 101.00 and 98.50 - In the scenario...