THIS SOUNDS CRAZY THO!!! looking at AAPL chart, you could clearly see an overbought price for AAPL stock....this week's candle reject from the previous highs and also since AAPL contributes to the highest percentage in US500....a decline is positively correlated as such!!! Also, Due to the increasing strength of the USd as a result of the increase...
Due to the increasing strength of the USd as a result of the increase yield....still looking on to the short of stocks. NB: Red box: rejection zone Blue Box: breakout zone
after a long sell on oil, XTI formed a double bottom between 5th and 17th August.....finally i'm expecting a bull run on XTIISD...int0 $96 per barrel!!! There's a possibility for a price rejection at $94.2 NB: red box: rejection zone blue box: breakout zone
US30 currently ranging in breakout zone, waiting for a final confirmation once my 50Ema gets breached....looking for a possible short on US30. NB: Blue Box: breakout zone Red Box: rejection zone
[b ]Due to the increasing strength of the USd as a result of the increase yield....still looking on to the short of stocks (indices). US500 experienced a rallied up for sometime, and what everything that goes up surely comes down!!! NB: Red box: rejection zone
Due to the increasing strength of the USd as a result of the increase yield....still looking on to the short of stocks. NB: Red box: rejection zone Blue Box: breakout zone
GJ has been experiencing a sloppy move upside with the decreasing strength of GBP.... GJ rejected from my breakout zone at 162.67....hence I see a correction to 159....before any upside momentum
Risking 60 pips for a reward of 270….after seeing an inverted head and shoulder, I expect GJ to rally up after seeing a massive loss last week.
This week started off with scalpers winning most trades, I think it's time for swingers. Gold has been raging between $1770-$1800 this week. i expect all glold buys to give out orders after a clear breakout of my 8 and 50 EMA's and breakout zone. (Blue Box Region). I ecpect Gold to fall to $1757.4 NB: Red box (rejection Zone)
On 1st July, Colgate palmolive rejected from it's thired lower high and formed a double top due to stocks rally. Hence, i expect CL stock to fall.
BTC has been raging in the $20k’s…..with fake bulls…. Due to the decreasing strength of the UsD since last week. Demand in state!!! Technically, I still expect BTCUSD to fall
Expecting GJ to rallied up after rejecting my rejection zone (red box) which served as an order block for my drops. NB: a string fundamental on GBP on Friday will affect the market too Not a financial advice tho!
Expecting Tesla shares to fall, today’s pre market pushes Tesla shares upwards….but formed a perfect short for a fibo….as things stand now between Elon and Twitter deal. I expect Tesla shares to follow that path both technically and fundamentally!
The market has been raging this week and the US dollar hasn’t really been showing moves (directions)…..after a slow US CPI data…..I expect sellers to go big in XAUUSD…. Technically!!!
Last Friday GP rallied up some buys into 163.00's......on the Day TF, GJ rejected by the 8Ema. Expecting some shorts into 161.80-161.62.....before a a possible buy back. NB: 162.80-162.60 is a breakout zone!!!
From the recent two (2) highs on GU on 16th June and 2nd August, i'm expecting GU to fail a buy back and dip more!
Due to the decreasing strength on Oil. Most of CAD pairs are affected by this market. On Ucad’s structure….looking for a short position to form a perfect bullish reversal, then we go for long. NB: NFP news and CAD unemployment morrow can affect the market!!!
Last week JPY had a strong closure of the week, but looked a bit weak on the start of this new week. After the complete formation of a bearish flag on GJ today. I’m looking for a long sell trade on GJ for more than 200 pips.