JackyTong96

JackyTong96

From the Technical Views: 1. From the weekly perspectives, price break above the strong resistance level, and we may expect a continuation to the upside after the retracement, and the potential support level is aligning up with the 38.2 FIB level, higher chance that the price will react to this level before moving to the upside. 2. From the daily perspectives,...

JackyTong96

From my previous analysis on GBPUSD, I said that the GU will start a deeper retracement to retest the middle of the W pattern, and after the retest, price may spike down to the demand area to generate some liquidity and then continue move to the upside, as we can see, the price was exactly doing what I said in my last analysis. From the Technical Views: 1....

JackyTong96

From the Technical Views: 1. From the weekly perspective, the price was created a big impulse to the downside followed by a correction, we can expect a next move to the downside to complete the creation of the Elliot Corrective Waves. 2. From the daily point of view, the price was created an HNS pattern, we can expect a next move to the downside shortly. From...

JackyTong96

From the Technical Views: 1. From the daily point of view, price is moving inside between the daily resistance zone and support zone, if the price will not able to break below/above, GOLD will continue moving inside this range and starting consolidation phase. From the Institutional's Views: 1. Overall bullish bias on GOLD in the longer-term of view. 2....

JackyTong96

From the Technical Views: 1. From the weekly perspective, the price reached the major resistance level (PINK BOX), if the price is not able to break this resistance level, we can see the deeper retracement soon. Because is you switch to the monthly timeframe, you can notice a potential IHNS pattern. 2. From the daily point of view, price break above the...

JackyTong96

From the Technical Views: 1. From the weekly perspective, price break above the previous high, and created a new higher high, we can expect a continuation to the upside after the retracement. 2. From the daily point of view, price break above the major resistance level, and this level is aligning with the 32.8% and 50% FIB level, we can expect the coming...

JackyTong96

From the Technical Views: 1. From the weekly perspective, price is rejected from the weekly strong resistance area, we can expect a deeper retracement from this area. 2. From the daily perspective, price is formed a small W pattern, and we can expect a deeper retracement to this middle of the W pattern. From the Institutional's views: 1. Overall bearish...

JackyTong96

From the Technical views: 1. From the weekly point of view, we can see that the price is moving to the upside without any proper retracement, we can expect a deeper retracement soon since the market always moves in the waves form instead of the straight form. 2. From the daily perspectives, the price just bounces from the new support area and moving back inside...

JackyTong96

From the Technical views: 1. From the weekly point of view, we can see that the price is rejecting the weekly resistance zone, if you looking at the historical price data, once the price reached this area will show a big rejection and move to the downside, now we can expect a move to the downside from this area to the potential weekly support area, as shown on...

JackyTong96

From the Technical views: 1. From the monthly point of view, the price was created an equal high, expect the creation of IHNS on the monthly timeframe, the right shoulder can be the potential downside target, as shown on the chart. 2. From the daily perspectives, the monthly downside target is correlated with the daily demand zone, we can expect price will go...

JackyTong96

From the Technical Views: 1. From the daily perspective, price broke above the new daily structure as shown on the chart, expect a pullback to this area before further upside. 2. But this new structure area can be a good manipulation level for the big players because below of this structure, we have a strong demand area, this can good for them spike the price...

JackyTong96

From the Technical views: 1. From the weekly point of view, we can see the price is all the way down without a proper retracement, we can expect a deeper pullback to at least of the 32.8 FIB level if the lower timeframe will show some bullish signs. 2. From the daily perspectives, the price was created a double bottom and break above the bearish trendline with...

JackyTong96

From my previous analysis on the GOLD, I said we must wait for the daily candle close, then only can confirm whether it is the continuation of the upside or it just a fake breakout candle. As can see, GOLD is keep pushing to the upside, we can expect further upside if the GOLD will cool down a bit a.k.a show some retracement. From the Technical views: 1. The...

JackyTong96

From the Technical views: 1. From the daily point of view, price broke below the major structure area, and it may become the potential resistance level, and this resistance level is aligning up with the 0.5 and 0.618 of the FIB level. We can expect the price react to either one level before moving to the downside. From the Institutional's views: 1. Overall...

JackyTong96

From the Technical views: 1. Weekly show a bullish impulse to the upside followed by a deeper correction, now can expect a new impulse to the upside. 2. But from the daily point of view, the current price is inside the resistance area (indecision area), it can continue to move the upside follow the weekly's view OR move to the downside and create an equal...

JackyTong96

From the Technical views: 1. Gold was reached the major high yesterday, and create a triple top on the monthly perspective. 2. From the weekly point of view, we have a strong demand area haven't retest yet if the gold will shift to the bearish environment, that is the potential target we can look for it. 3. From the daily point of view, a new structure was...

JackyTong96

From the Technical views: 1. Potential IHNS pattern on the monthly timeframe, if the market will continue to push to the upside aggressively and create an equal high on the monthly timeframe. 2. But from the daily timeframe, the price just breaks above the significant structure at the moment, if the next daily candle will close above this level, "1" condition...

JackyTong96

From the Technical views: 1. Price is moving along with the bearish trend line, more further downside is expected. 2. The potential target is the low of the previous consolidation zone as shown on the chart. Because most of the time, the price will test this low before moving to the upside. From the Institutional's views: 1. Overall bullish bias on both EUR...