A lot of noise on the chart - but what I wanted to do was to show the key areas and zones. Grey lines = Gann daily levels near current price Dotted Lines = Pitchfork channel daily Yellow = Supply Demand zones white solid horizontal lines = Fibonacci levels daily Feel free to comment or ask any questions. - no trade idea, just levels of interest on display. ...
This pair is moving up slowly and quietly - Yesterday, we published a post on the DXY. If it pulls back a little to retest the daily trend, we can expect a small pullback here. But overall - we could see a push-up to the 1.3000 level. Questions, comments and feedback always welcome. Disclaimer This idea does not constitute as financial advice. It is for...
Looking at the bigger picture, there's an overall trend continuation. The news last night about Boris - spiked a couple of pairs in either direction, however, once the dust had settled it was pretty much back on course for most of the spiked pairs. A nice touch of the demand zone before the move up - the next zone is in the same reason as a weekly Gann level...
I still think there's some legs on the bears here. top of channel - linked to a previous idea. This time smaller time frame.
Looking at the outer Gann levels (marked in blue) there's a channel on the smaller timeframe formed. I expect to see a push-up, before falling back down to hopefully the 1.06309 area. Trade at own risk, Not financial advice. Enjoy the rest of the weekend!
With the DXY dropping - we might see a little pullback, bringing the Xau closer to the trendline and Ichimoku cloud. But Also think, there is more upside to come. See idea from last week - this is the update from there. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’...
Our Indicator triggered a short on the Yen pair. looking at the channel formed, larger time frame Gann levels. we hope to see a TP at around 118.20 level. Trade at own risk, not financial advice and we are already in the trade. Enjoy the rest of the week!
Interesting snapshot as a whole. Just thought the image was worth a share.
Still short Sentiment here. Interesting spike on the hourly chart here. 57% of IG clients are Long.
Short idea - downtrend from the crazy spike which reached around 0.95 level. Back down to bottom of 4hr channel. let's see. Touched twice in 2 hours the top supply zone. Trade at own risk, this is not financial advice in any way. Only showing what we are looking at.
.618 Pullback on the daily Trade at your own risk - with proper risk management. Happy trading
Short setting up on GBPJPY - price call out on the chart. Just something we are looking at here within Mayfair. Trade at your own risk, with your own strategy. This is not financial advice in any way. Happy trading!
Just looking at the daily chart towards the end to the week. We have Gann fans from the weekly - highlighted closest areas with blue channel. Price call out is where we think it is heading, maybe a little push-up first at the next demand zone. Trade at your own discretion - this is not financial advice in any way. Just highlighting what we are looking at...
Next key level 1.91095 - retracement support from the crazy spike. Not sure how valid it will be?? Happy for comments and to share ideas. This could be a big trade down, once the Euro finally gives in.
This is getting crazy, the price is way overbought, Fib's bouncing, trend off the weekly and hopefully some negative sentiment for the Euro in 30 mins from time of writing.
Moving from the UK and now living in France, this is a pair that has some impact on the cost of living. 5 years back when €1 was 75p now up around the 90's. Looking at what is happening in Spain, Germany and of course France right now. It is only a matter of time before the Euro reacts. Beyond that, looking at the charts - there was some strong resistance near...
The last 1Hr bar just spiked up to test some previous resistance on the bigger time frames. There's still a gap up to fill. Let's wait and see...
Divergence spotted on 4HR - going for a long shot here, tight stop loss below the low of the spike. be great to get people's comments, thoughts on this pair.