Jay_Dollars

Jay_Dollars

AudNzd is in a ascending channel with bearish divergence. It is pulled back to the daily neckline and some fib confluence on the daily and 4hr. I recommend selling the breakout.

Jay_Dollars

NzdUsd has one more short term move up, then I will be selling at the weekly .618 confluenced with the weekly trend line and some weekly structure. We should get a nice drop top the bottom trend line on this weekly flag pattern.

Jay_Dollars

Audusd is in a uptrend. It just pulled back to the .50 fib confluenced with the trend line. Also some daily structure if you look left on the daily timeframe. I recommend buying the breakout .

Jay_Dollars

My last post on oil I predicted the exact movement. Now it has broken the ascending wedge. It hit the first level of support at the daily .618 fib. We should get a nice pullback to the 1hr .50 fib confluenced with the 4hr trend line retest. I recommend selling there.

Jay_Dollars

Silver is in a bull channel but it is about to hit a resistance area. Its a weekly .50 fib confluenced with a daily extended -.618 fib. If it breaks this area, I will look to sell the trend line rejection. Target is the bottom trend line of the bull channel with some structure. I will sell on the 4hr. It is currently consolidating up on that time frame; more...

Jay_Dollars

Gold is in a ascending wedge with bear divergence on the daily. I will be looking to short at weekly resistance which has confluence with a weekly .618 fib and a monthly .50 fib. If it breaks this level, I will look to grab my position at the trend line. Either way, the drop is coming very soon in my opinion. I will use 4hr for entry

Jay_Dollars Updated 

Price currently is rejecting a daily trend line confluenced with a weekly .382 fib. it has now formed a expanding wedge with bull divergence on the 1hr. I recommend buying the breakout

Jay_Dollars Updated 

Crude Oil has been moving up for the last 2 months off this 4hr trend line. It has now formed bearish divergence and is not too far from the daily -.618 extension fib. We should see some bearish movement around that area. I will be looking to sell. There are 3 possible targets. I most likely will take profit around 45.00

Jay_Dollars Updated 

AuzNzd 4hr is in a descending channel with bullish divergence. I suggest buying the breakout.

Jay_Dollars Updated 

nzd interest rate news gave nzd a lot of strength. Dropped aussie to the 4hr trend line. now I will be looking to buy.

Jay_Dollars Updated 

CadChf is consolidating on the 4hr, Buy the breakout for a 200 pips rise to the weekly .50 fib. We should see some consolidation and a big drop once it breaks out of the daily bull channel.

Jay_Dollars Updated 

Gold broke out of daily ascending channel an is headed back to test the weekly trend line that it broke out of a while ago. Wait for 4hr consolidated pullback to complete, then sell the break out. Target will be the weekly trend line and the 4hr -.27 extended fib.

Jay_Dollars Updated 

Gold pulled back to the weekly .50 fib and daily trend line. we should see a nice drop now

Jay_Dollars Updated 

On my previous gold post, I realized I had drew my daily trend line wrong. Here is the adjusted chart. Gold is near the sell zone. I will be selling once it goes up a little higher to the 4hr trend line/ 4hr .618 fib.

Jay_Dollars

AudUsd broke the 4hr descending channel with Bullish divergence.I bought the trend line retest which also has confluence with a daily .618 fib and a 1hr .618 fib. Great risk to Reward.