DaozuFlow_Fund

DaozuFlow_Fund

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

DaozuFlow_Fund 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.

DaozuFlow_Fund

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.

DaozuFlow_Fund

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

DaozuFlow_Fund

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

DaozuFlow_Fund Updated 

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

DaozuFlow_Fund Updated 

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

DaozuFlow_Fund Updated 

USDCAD H4 timeframe higher highs rejection, double top forming.

DaozuFlow_Fund 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.

DaozuFlow_Fund

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