We're expecting a minor retracement to the price range around 1981 followed by a major Sell off
S&P500 is displaying a temporal Bearish structure Overall sentiment and direction is Bullish but a retracement is needed
Supply vs Demand Also expecting Swiss strength Vamo
CJ seems just about ready to drop Angle of tilt aka trend line signals a Sell Sentiment points to a weaker CAD after last weeks faux momentum candles Let's see how price (King) decides to move so that we're able to update the plan accordingly
Based on trend and sentiment, I think USOIL is preparing to drop. level count upwards signals a break/consolidation and a possible minor reversal
waiting for a small correction then I n I a-go Buy This is a possibility and was created for educational and observational purposes
Price Action looks Bearish paired with Bearish structure on H4
Price action and structure indicates and overall Sell off is brewing but price must first rise
This beautiful structure and set up may be too straight forward to work out so simply (Inverted H&S + Break of TrendLine + retest of my Magic Lines.....I mean!! that smells like a trap) but it is convincing and looks very delicious to not want to risk it to get the biscuit can you dig it? Good Luck
Testing out this Supply and Demand style of analysis So AXY should be Bullish according to S&D (I'm new to this so please bare with me) Anybody willing and able to give me pointers and advise is welcome Let's Gooo
EXY is looking extremely weak based on technical and trend analysis which will hopefully be respected by the market for those who wish to Short anything Euro related if it applies. Magic lines have been respected in the past by price action so I hope the trend continues and another factor that helped me come to this conclusion is the 3 rises and breaks with a W...
Patience is everything. Let's wait for a retracement and a test of that magic line then it's all systems go. This analysis is strictly based on previous and current price action and signals Good luck