What is likely to happen next? It takes 2 points to show that a trend is valid but takes 3 points to show that a trend is confirmed. Looking forward to see a heavy rejection at current price level. We may get a retracement if the area is rejected, but keep in mind the long trend is heavily BULLISH. Because we are in a descending channel which equals to BLL RUN....
EURAUD has been on a retracement from price 1.68400. It has now retraced to price 1.6550 which aligns with my fibonacci level of 78.6%. Looking forward to see gain momentum of strong demand for a continuation of buy trend based on the high TF trend. Currently targeting 1.66 and 1.6630, before the we get to touch targets 1.670 - 1.680 and above.
USDJPY looking forward to see a continuation of the bullish move after the slight pullback, this is due to the weakening of the YEN (JAPANESE ECONOMY)
US30 looking forward to see a massive selloff as we get onto the US session open and as we get to end of the week.
us30 on the journey of running bullish , PATIENTLY waiting for FOMC
us30 on the journey of running bullish, PATIENTLY waiting for FOMC
USDCAD looking forward to see a continuation of the bullish move after a slight retracement yesterday,
USDZAR looking forward to see a continuation of the bullish move after a slight correction.
EURNZD looking forward to see the continuation of the massive bullish move after a slight retracement on Wednesday. 100pips+
EURAUD looking forward to see a correction from the massive bullish move that happened yesterday. Waiting for the selloff so as to CORRECT and liquidate all sellers before having the continuation of the bullish move later in the week.
USDCHF looking forward to see that selloff before we have a massive bullish move once all sellers/supply is liquidated.
GBPUSD still waiting for a SELLOFF entry but currently looking for buy short term to liquidate all buyers .
EURUSD slight bullish move before we look for sellers coming in later once all buyers ARE LIQUIDATED
GBPJPY short term buy before selloff continuation LATER IN THE WEEK
GBPUSD giving short term buy to liquidate BUYERS before we look forward to see a selloff later in the week.
EURAUD looking forward to see that selloff before we have a massive Bullish move
AUDUSD loooking forward to see a selloff as we try to liquidiate SUPPLIERS /SELLERS for a continuation of the longterm bullish move
EURJPY looking forward to see a gain in the EURO economy due to the weakening of the YEN economy (JPY BASKET)