NaturePips

NaturePips

Price has completed the 618 pull back and now ready for the bearish continuation but, price must break current structure before it can continue. We are likely to see an upward move to the resistance thereby grabbing liquidity for the bearish continuation. Let know your thoughts in the comment section.

NaturePips

I am looking for a breakout of the wedge to the topside on Gold, I’d price. Loses above the previous H4 night we might be seeing a true break and a possible strong bullish move. Keep this in the watchlist. I have also observed that when Gold goes up BTC drops, we’ll see. Let me know what your thoughts are in the comment section below.

NaturePips

Well anything can be expected after halving. BTC was recently declared a safe haven alongside JPY and XAU but recently it’s been acting like any other commodity pair, or maybe I’m just biased. Let me know what your thoughts are in the comment section below.

NaturePips

I would prefer this pair come down to the weekly 618 to grab some liquidity to give good RR. However it seems like it is going to complete the W pattern. Let me know what your thoughts are in the comment section.

NaturePips

After the bullish impulse on weekly and a retracement to 382 now formed a triangle, I strongly believe according to the charts that price will visit the recent recent for liquidity making a triple bottom before we can see the huge moves to the topside. Look for Price action within the eclipses.

NaturePips

The GBP continues to loose strength while the EUR becomes increasingly strong against other currencies and now agains GBP. The pull back of the pair has filled the golden ration and all indication point upwards for a continuation of the previous impulse.

NaturePips

The hedge funds are closing out longs and adding shorts for GBP which confirms its move down, while adding longs and closing shorts for CHF making it stronger. This slights well with our analysis favouring this pair for a downward move.

NaturePips

The trend of this pair is bullish on the weekly and the recent move down is a retracement likely headed for the 618 weekly level aligning with an area of support. Look for Price action within the white eclipses.

NaturePips

According to COT report Kong’s and shorts are been added to the CAD this may be due to the uncertainty of Oil Price, while shorts are closed for CHF and fewer longs added. The 0.68000 has proven to be a strong SAR. This pair could go down to the 0.68000 SAR to grab liquidity for the move up along with when the price of oil will strengthen.

NaturePips

COT Data: Hedge funds are adding longs and shorts to CAD, which makes CAD consolidate, while adding longs and closing shorts for JPY making JPY bullish which makes sense as JPY is considered safe haven and gets stronger in times of crises i.e COVID-19. However this is the market it could decide to go up. Be reactive and not predictive.