EverGlowTrading

EverGlowTrading

1/ The last quarter of 2022 printed an Engulfing Bull Candle before price went into a 28 month Range. 2/ The Range Low has recently been 'swept' by January 2025's low, while at the same time respecting the afore mentioned '22 final quarter 50% level and breaking out of the (almost 20 year old) decending Channel. 3/ I believe price is about to Break Out Long from...

EverGlowTrading

While I'm making this analysis Public, its purpose is really just a 'fun' project for myself to take a look back over time to see how (if) accurate it turns out to be. what does the DXY yrTF 'tell' me? 1) the CCi has been making strong bullish moves (+100) away from the average price... while price has been printing LH's. 2) 2007 has been the only year (since...

EverGlowTrading Updated 

On the weekly Time Frame the DXY has broken above a previous weekly resistance level (wPb). Price has since Re-Tested this level and seems to be finding Support. Last weeks candle (week 6) printed what I believe, has proven to be a strong reversal candle (with Bullish Divergence), indicating the bearish correction (Re-Test of wPb) is about to reverse Long. ...

EverGlowTrading

FX:EURUSD The last Quarter of 2024 closed Bearish Engulfing. This was a reaction off the 'qrtE' (Push Zone). A Re-Test of the previous Pull Back, which also resulted in a Double Top with Bearish Divergence. A Bullish reaction off the Bear 'yr^' level is very probable, however, probably short lived, given that the 3rd Qrt of 2022 violated the level and the...