BTCUSD Thesis On weekly TF the past 3 weeks have been bearish wit price running into $7700 weekly OB. I do see BTC going for a slight recovery. My bias long-term is still bearish. Wednesday candle has closed as a hammer at weekly OB signalling bullish momentum for recover has been confirmed and I will be expecting a push higher. A judas swing formation...
GA thesis Last weeks candle closed as a bullish hammer after rejection off 1.9250 weekly order block signalling bulls could push GA a lot higher to 1.9700. Trend on the daily looks to be bullish with a series of higher lows being formed. Thursday candle closed as a bullish engulfing after bounce off 1.9340 order block. Next possible target is 1.9700 daily...
GJ Thesis GJ on the weekly TF seems to be trapped in an area of consolidation between 140.60/144.40 weekly order blocks. Last week candle close above 142.76 Order block & moving average as a bullish engulfing candle signalling bullish momentum. Market structure on the daily is bullish with GJ currently trading above 142.76 daily order block. If this level...
EG Thesis - Monthly: Last month candle closed as a shooting star signalling bearish momentum could follow in February. Past 6 month candles have all been bearish telling us EG has no intentions of slowing down in the long term. - Weekly: There has been a series of lower highs signalling a lot of sell pressure long-term. Last week candle formed a long wick...
GOLD Thesis - Monthly: Last month candle broke and closed above $1544 zone taking out 2 recent liquidity spikes keeping gold market structure bullish. - Weekly: Over 8 weeks of bullish impulse to look out for with previous 3 weeks closing with long wicks to the upside signalling buyers want to push gold higher. Market structure is also bullish on weekly...
- Daily: After the double top at 0.8586 weekly resistance a break & retest of institutional level has occurred (0.8463). Thursday candle broke & closed below 0.8433 as a marubozu signalling great bearish momentum. EG could now possibly reach next target 0.8315. - 1/4hr: Now i am waiting for a small pullback into 0.8433 4hr zone. If this level holds with the...
UJ Thesis - Monthly: On the monthly timeframe UJ market structure has been bearish for a whole year. Last month closed as a strong bearish candle after bouncing off 109.67 resistance. UJ could be ready for a huge plummet in the long term. - Weekly: Last week we had a clean bullish close above 109.67/109.82 changing weekly market structure to bullish. On...
EG Thesis - Monthly: On the monthly EG market structure changed to bearish after break below 0.8586 weekly taking out previous lows. Last month close as a hammer candle after rejection off 0.8455 support signalling bulls could push EG higher in the long term. - Weekly: Last week candle closed as a shooting star after rejecting off 0.8586 weekly...
GA Thesis - Monthly: Last months candle closed as a shooting star after long wick rejection off 1.9450 psychological level and closed below 1.8900. This is signalling to us that bears (sellers) are trying to push GA lower for a slight recovery. - Weekly: On the weekly time-frame GA market structure is bullish after a break above 1.8900 level. Last weeks...
GU Thesis - Monthly: After taking out previous highs GU has formed new highs at 1.3355 after rejecting and closing as a shooting star. This is indicating to us that GU price could be ready for a recovery. - Weekly: Previous 2 weekly candle closed as a shooting star telling us bears are most likely going to push this pair lower. Extra confirmation that...