JonasBenjaminFriedrich

JonasBenjaminFriedrich

Is another leg down in the US Markets coming? If yes than it would be highly possible that this move originates in the 50-76.4% area. Trump Impeachment Process and Coronavirus (especially the shut down of china) are we weighing heavy on the markets can the FED tonight save the situation? It will get interesting.

JonasBenjaminFriedrich

NZD/USD should be observed carefully at current levels we are on the upper edge of a support area. A swing to the upside could be possible in this pair over the next couple of sessions. However clear entry signals are still missing so at the moment its just something for the watchlist.

JonasBenjaminFriedrich

As long as the S&P500 stays under 3335 price level there is a danger of a bigger correction which could play out. There pullbacks in the S&P500 on smaller timeframes can be used for short positioning at the moment, since we do got a valid signal in the weekly price action signaling us at least a brief correction over the next couple of weeks. Please watch my last...

JonasBenjaminFriedrich

NZD/CHF is under observation a break under the previous low should bring the blue area in focus for a short swing. However at this point we still need to see if we can break lower or not.

JonasBenjaminFriedrich

Potential double top playing out in NZD/JPY as risk off sentiment continues to be strong in the markets. Should we brake under the blue dotted line this double top should start to play out.

JonasBenjaminFriedrich

As discussed in a prior video post USD/JPY was under observation for a possible short coming. We can now see a clear break of structure to the downside making this pair interesting for a short entry on the pullback.

JonasBenjaminFriedrich

DAX has turned 2 times at the important 13600 level which was discussed prior in a video post. Now we have a clear broken structure to the downside, should there be a pullback coming anytime in the future this broken structure could then be used to continue trading the swing on the short side.

JonasBenjaminFriedrich

NZDUSD has shown a break to the upside followed by a correction around 50%. Price Action Signal on 1H is still missing though at this point in time.

08:07

JonasBenjaminFriedrich

More information in the video

04:54

JonasBenjaminFriedrich

NZD/USD has given us a valid setup for a long swing.

06:56

JonasBenjaminFriedrich

At the moment we should be cautioned in the stock market as it looks like a risk off sentiment is developing. However this risk off sentiment has not been confirmed yet on the weekly.

09:59

JonasBenjaminFriedrich

Don't worry I am not one of these guys who are perma bears and all doom&gloom every single trading day in the year. However S&P500 is in my opinion at a level which should be monitored closely.

09:46

JonasBenjaminFriedrich

We are at key level in the German Market, the decision between a 5 Wave Impuls up or a 3 wave sideways market is taken here.

09:57

JonasBenjaminFriedrich

Potentially we could see some Dollar weakening coming in the next couple of sessions leaving us with some nice possibilities. Its still early however at the moment we need to wait and see.

09:09

JonasBenjaminFriedrich

The prior shoulder head shoulder call has not been working out. However the pair could still get interesting in the next couple of sessions. At the moment the Long side is still preferred however should we break under crucial support this sentiment would change.

JonasBenjaminFriedrich

EUR/USD could make a turn to the upside at current levels. The support area is still a little bit lower however the pair has made a turning formation on the 1h time frame. Risk to Reward looks good for a try.

JonasBenjaminFriedrich

S&P range from the 2000s put 2 times on top.

JonasBenjaminFriedrich

DAX could make a revisit to the previous high as long as we stay over blue support.