FlyDownX

FlyDownX

Technical Overview: - GBP/USD From a HTF perspective price is in bullish momentum, however from a smaller time frame perspective ties are starting to shift. By understanding that price is making higher highs and higher lows, we will better understand the framework of an analysis. When we are bullish from a higher time frame, the picture should be clear. Currently...

FlyDownX

Technical Overview: - USD/CAD While the the obvious trend is bearish, we are out here doing the opposite. Trading is all about your mental decisions, and our outlook changes our outcome. Since price had dropped, this created a huge discount for hedge funds to enter in on cheaper prices. We are bullish simply because price is oversold from a HTF. Smaller time frame...

FlyDownX

🎡 FOREX MARKET MANIPULATION 👾 What is the first thing you learned when you started your journey in the forex market? I will answer for the majority, Support/Resistance, trendlines, chart patterns and etc Have you ever asked yourself why is it so common? When we are introduced to the foreign exchange, we are thrown in a deep ocean with a lot of...

FlyDownX

Technical Overview: - Gold $2000 Price target 🎯 We have been calling this pair for the past few weeks, please check out our previous analysis below - The devil had been manipulating support/resistance traders since day 1 and many don't realize it We have been calling every move on this pair, unfortunately we don't upload all of our analysis to tradingview.....

FlyDownX

Technical Overview: - EUR/USD On the right hand side we have the monthly chart. This is to show us the bigger picture and the overall sentiment. From a monthly perspective we are in a bullish momentum. We have been in this bullish momentum for a quite long time now which leads me to think that we are bound to a correction before more bullish momentum. From...

FlyDownX

Technical Overview: - GBP/USD We have reached our target from previous analysis posted below We are still expecting more bearish runs leading to more buys Price had been in a correction phase, we will be seeing an impulse leg very soon Putting ourselves in the better risk to reward ratio Fundamental Overview: - DXY is gaining bullish momentum because of recent...

FlyDownX Updated 

With a fast paced world, crypto taking over sky rocketing, EV tech companies booming (thanks to TESLA) you get to forget about what's really left on the table, we get carried on with the hot stocks but many of the golden dust is left behind. While all prices are flying there is one in particular that had been falling for a long time but is now at the deepest in...

FlyDownX

Technical Overview: - Gold $2000 Price target 🎯 Before we begin Check out the weekly analysis posted below Since then we had took out the $$$ mentioned and this was a perfect chance to get traders on the wrong side of the market. Gold is currently manipulating all the basic retail mythologies and leaving both sellers and buyers confused. We have closed half of...

FlyDownX Updated 

Technical Overview: - Gold $2000 Price target 🎯 We know after every impulse leg, we need the correction. After heavy selling pressure coming in from fundamentals caused by NFP, price needs to correct. This is the nature of the market, before the next move the devil likes to accumulate orders on both sides of the market. We can see from a 4h perspective we had a...

FlyDownX

Technical Overview: - EUR/USD On the right hand side we have the monthly chart. This is to show us the bigger picture and the overall sentiment. From a monthly perspective we are in a bullish momentum. We have been in this bullish momentum for a quite long time now which leads me to think that we are bound to a correction before more bullish momentum. From a...

FlyDownX

Technical Overview: - GBP/USD Last week we have called buying opportunity in 2 possible zones 1.3400 as a zone and 1.3300 as a zone 2. Check out the outcome of the analysis below. Since then we have reached our target #1 and we have closed our position. We do see more downside (small time frame) however HTF still suggest that we are bullish so we use this as an...

FlyDownX

Technical Overview: - USDCAD has been on a bearish run past the few months leading up to January. Last week we suggested that we are turning bullish on a smaller time frame and we are near a strong key level. Check out last week analysis below, a perfect buy opportunity was given to us, however this week we see the bullish momentum building up more will be seeking...

FlyDownX

Technical Overview: - AUD/USD From a high time frame perspective, price is currently overbought. This means that we should NOT be looking to buy just yet. From smaller time frame we can see this bearish momentum kick in, if this drives us back to our oversold zones, this is a great place to buy. Remember, we only trade 1 pair for the whole week and we don't need...

FlyDownX Updated 

Technical Overview: - GBP/USD Pound sterling is a very beautiful pair, yes I really mean it. One of the most influential pairs against the dollar and we can see that we have been in a bullish trend for a long time. For anybody buying on-top of a trend, meaning buying at the overbought area... you are only doing yourself harm. Overall bias is bullish and we have a...

FlyDownX Updated 

Technical Overview: - Gold $2000 Price target 🎯 Gold had been impulsing to the upside causing many cluster behind. We can see from a 4h perspective we had a retail small mini trend that many people had bought in/sold in This alone made this so called “trend line” a liquidity line Meaning there is a lot of sell and buy order accumulated within this pattern. Last...

FlyDownX

Technical Overview: - AUD/USD What can I say about this pair.. it’s seems like it has not had enough of bullishness. You can’t blame it tho, with Australia being the #1 gold producer AUD reaps most of the benefit. It’s a small correlation between the two and both are bullish at the moment and both want more. Waiting for a pullback anywhere into our bank level...

FlyDownX

Technical Overview: - USDCAD has been on a bearish run past the few months leading up to January. We know this is a monthly trend that many people have sold based off and many people have swing trades positions to the downside. The markets is not yet done, we may have more downside to around 1.2600 Zone which would be a much better R:R at a discounted price....

FlyDownX

Technical Overview: - EUR/USD On the right hand side we have the monthly chart. This is to show us the bigger picture and the overall sentiment. From a monthly perspective we are in a bullish momentum. We have been in this bullish momentum for a quite long time now which leads me to think that we are bound to a correction before more bullish momentum. From a...