We currently see a strong pullback in an uptrend wave but I'm expecting it to come retest Resistance Zone at 0.60200 - 0.60400 so we could see the pullback end at the LTF Support Zone (0.59000 - 0.58900) and then go up touching Resistance Zone and go down to take out more liquidity.
EURJPY price is looking to fill up the gap where is the order block located just right above. Liquidity will be the one that it is needed right now to push the price down further so it could go up to take out more sell lq and touch OB and then go down.
The price is moving near the low line of the bearish channel. We expect a pump up to retest the zone it has broken through from the last short-term uptrend yesterday. It'll then follow its previous path in the bearish channel (price keeps falling down)
Gold broke lower yesterday because of good economic data of USD. We are seeing very very tiny pulse of bulls during Asian Session so we should look at next strong resistance on the higher timeframe and set up a long position from there when you see the price action is in favour.
Price broke thru last week high and bear side jumped into the play right away to stop the EURGBP from going up further. It then came retest the turnover support and is now showing not interested in that zone again and going down telling us a bearish signal. However, there is still a chance that It could come to the turnover resistance zone again but surely, Bears...
Gold flied yesterday but it did not want to break higher 1930 at the end of the day. Bearish side does not want gold price exceed over 1938-1939 as that will break the whole bearish structure from last 3 weeks. Still, a posibility that price will come again to retest the 1930 ish level is solid and then a big selling could happen at that level and we can expect a...
Gold broke out trendline and came back retest it. Also, it formed EQUAL HIGH STRUCTURE which also means Gold is respecting to the resistance. We see a bearish signal here but be careful because today is FOMC Meeting Minutes. Thanks @PerdanaCapital for pointing out the mistake in my post 😝
USDCAD Investors seems not so engaged in breaking the turnover resistance made from last week. Yet, watch out for liquidity grab where the price retests over and over again the resistance zone as it has been doing for last 3 days but Bears came into the game so quickly that failed the Bulls many times. That's why SL should be put over Turnover Resistance line a...
Price broke old structure and started correction during New York session. But it could not go lower and still maintain its position corresponding to the trendline. A bullish trend is showing here an expectation that EURGBP may target level 0.867 (A very strong turnover resistance)
BTCUSD rejected to make lower low and formed a bullish doji candle pattern at the last low. We can say Bitcoin is bullish now.
Price strongly reacts to the dynamic down trend line. It may seem like we have not yet seen the recover of EUR currency agains USD. The down trend may still remain till half of the week. Let see if I can win this ^^
Price has formed HIGHER HIGHS AND HIGHER LOWS in the last week. We see a small bullish momentum here where candles touch the dynamic support, the wicks are very long and the bodies are relatively short compared to the candle length showing that Bulls are somehow hunting that zone not allowing any action to push the price down.
Price Broke thru Neckline of a Double Bottom Structure then restested the Neckline one more time and shot all the way up. A long opportunity is clearer now.
Wait for price touches FVG in the Discount Zone and then set a BIG FAT A$$ TP with a minimal SL right at that level. We're going to look for reversal in the current uptrend !
Gold price has broken thru it 3-day low and bear sides seem still wanna push it down as US Bonds yield higher interest.
BTC may go up to $30780 after touching below $30000. Bulls instantly went in that pushed the price up to reject 30000 level and below. Seems like we're in a short-term bottom where we could expect a recover on BTC from there. Trade on your own risk !!!
Price is restesting neckline after broking through following a formed double bottom. A sigh of bullish trend is kinda clear here.
US Bonds yield higher interest may leading to higher index point in Dollar Currency in effort of reducing inflation from the government. Still, XDY will fluctuate for awhile until it gets stable and then shoots up which is a signal of a healing economy.