US30 Outlook. - Weekly: US30 is bouncing further in the channel, we had a nice downmove to the lower border of the channel, where we also caught good liquidity currently it might be up for a move to the higher border. Weekly chart we are bullish. - Daily: We had a perfect retest at the lower border and we can see the liquidity spike. We are below the equal...
Outlook for NAS. - Weekly: Nas had a nice big pullback on the weekly, perfectly testing and rejecting the 50%. It caught some liquidity and currently it's making it's way up again. - Daily: After that nice H&S pattern we can see liquidity being caught at the zone below the 50% fib, rejection and a perfect retest on the 50% on the daily aswell. I can see this being...
EurUsd outlook - Inverse H&S, 50% neckzone has been broken, I expect a pullback which correlates with the 38.2 fib. Together with a BOF before a upwards movement. - Let me know your thoughts
My outlook on silver. - Following a heavy downtrend on the weekly, a nice strong double top on the daily and a downtrend continuation on the 4h, I see silver falling further to the major liquidity zone. - Currently silver is testing the lower trend line which correlates with the 38.2% fib, looking at the strength and weakness I hope for silver to break out of the...
Outlook for gold based on my analysis. - I see a H&S formation with the left and right shoulder nicely failing to break 50% fib on the weekly. Currently gold is sandwiched between the 50% and 61.8% fib on the 4h, close to its trend line which correlates with the 61.8% fib. I hope to see a nice breakout to the downside breaking the neckline of the H&S formation...