CollegeDropOutTRADER

CollegeDropOutTRADER

Market Structure: Bearish (Failed to make higher high) Momentum: Strong Bearish momentum Chart pattern: Perfect Head and Shoulders Candlesticks confirmations: Bearish engulfing and doji on H1 timeframe RR: 1:4.65

CollegeDropOutTRADER Updated 

As we can see DXY, dollar index breaks major support, USD is extremely bearish currently. But, Gold can't make a higher high, it shows that investors are now in risk-off mode and felt positive towards economic-reopen.

CollegeDropOutTRADER

The bullish momentum faded, huge bearish momentum on Daily timeframe. There is a bearish engulfing candle on the H2 timeframe. The price will accelerate if 17.4 Daily support break.

CollegeDropOutTRADER

Based on market structure and momentum, HSI will head north for quite a time.

CollegeDropOutTRADER

USD index, from technical view, bullish movement failed to make higher highs and higher lows, bullish movement faded. High probability short setup !

CollegeDropOutTRADER Updated 

Bullish movement faded on daily and H4 timeframe, extremely bearish movement upcoming.

CollegeDropOutTRADER Updated 

From daily timeframe, we can clearly see that bearish pressure cannot make lower lows and lower highs, bulls are coming.

CollegeDropOutTRADER Updated 

USDCAD H4 timeframe higher highs rejection, double top forming.

CollegeDropOutTRADER Updated 

AUDUSD H4 and Daily timeframe keep making higher highs and higher lows, the trend is very bullish even when worst US unemployment data have shown.

CollegeDropOutTRADER

USDCHF failed to make higher highs and higher lows, bullish pressure exhaustion, bears are getting in. Multiple wicks rejection candlesticks on H4 timeframe.