JM-CAPITAL AUDCAD Analysis Aug 16, 2023 AC creates a new low and broke that trendline. The retest on the trendline add an additional confirmation to me to take long swing downtrend 0.80. That technical coincide with the fundamental analysis of the Chinese cutting rate.
JM-CAPITAL - JULY 17 2023 US30 has been moving between 33800 and 34600 to the highest now and aiming to 34800 on the next area of resistance. As the dollar is weakened and inflation down, equity seem to get some room to reach end of last year ATH 37,000 ... I don't see any lower than 33600 breaking the trendline... I am bullish until end of the year while...
This is good news for XRP for winning with SEC and price action is at the center of it all. We have a breaking support on that price point 0.58 and looking to the next resistance zone to 0.80 and looking all the way to 1.0 I am bullish on XRP and will hold until ATH may be but not looking to sell anytime soon as the world is heading to DFI .. Happy trading everyone...
JM-CAPITAL July 2 2023 AUDCAD formed a nice W pattern for a bull run with confirmation on a strong support on the rising wedge pattern. My SL is bellow that falling wedge support in case on a downtrend continuation. am aiming for 500 pips with TP at each QP and re-entry at each impulse.... Happy trading...
JM-CAPITAL NZDCAD Descending channel on support retracement to 0.84 with TP on every QP ... Happy trading
JM-CAPITAL EURNZD - JUNE 20th 2023 To complete the W pattern on that channel and following the Weekly uptrend .... I see an uptrend all the way to 1.8225 .... TP at every QP and re-enter on impulse. Happy trading...
JM-CAPITAL - JUNE 15 2023 Falling wedge on USDCAD with breaking that trendline.. more confirmation might come after the retest... but you are free to jump and stop loss beyond the trendline... Enjoy the ride and happy trading....
JM-CAPITAL GOLD - June 15 2023 Breakout downtrend imminent Could see a retest to 1950 but long term downtrend to 1800 .... My bias of course.. Happy trading.
JM-CAPITAL FOMC projection June 14 2023 -If the FED pause on rate hike, weakness might show on dollar ... My bias on more on the technical side which I see I uptrend to 1.10 or higher.... Happy trading...
JM-CAPITAL June 13th, 2023 Uptrend continuation for another 500 pips to 180 Again do TP at every QP and enter at Impulse. Happy trading...
JM-CAPITAL US30 June 8 2023 Bull-Flag Pattern analysis On US30, I do my TP at every 100points and wait for impulse on my direction. Be aware of news and happy trading.
My bias on GA is from my top-down analysis on weekly TF. I will take my entry on D1 on impulse side and TP on each QP .... Happy trading...
JM-CAPITAL - June 6 2023 Straight candlestick pattern on D1 after that triple top on Weekly timeframe followed by divergence on H4. Let's take some pips doing down but not much as the trend is still bullish on the monthly TF
My goal bias after that breakout and testing the trendline seem to see it way back to 2040.... just my 2 cents.. Happy trading
My bias on CADCHF comes from top-down analysis on weekly with a pin-bar followed by engulfing candle. With multiple S/R to spot my entries on impulse and QP for my TP. Hope you find valuable. Happy trading. JM-CAPITAL
My bias on the other leg W pattern that AUDNZD just created on that daily timeframe...