I used the 3 key approach to determine my analysis of US100 #key1 (levels) -I found the Major High and Low of the chart #Key2(Trend) -Set up a Trend according to Structure shown(Uptrend/downtrend) -Identify the Recent High Or Low(12573.56) #Key3(entry and exit) -I Use a Lower Timeframe for Entry and Exit -I find a pattern Relevent to what the Trend is telling...
GBPUSD had been setup in a bearish manner GBPUSD has printed out a bearish pennant and has a large bearish momentum GBPUSD has taken Buyside liquidity and has built up momentum to Move GBPUSD has to give up a bearish Candlestick pattern and a FVG
Us30 has shown Bullish strength at the beginning of the week US30 is in a overall bearish trend It shows a Reversal pattern giving a second confluence to the buys We have a 4h CHoCH(Change of Character) I put buy Stops a couple of pips higher than the current high, Increase our RR
AudUsd showing a head and shoulders pattern which is a Reversal pattern We seeing a Bullish pendant being formed on AudUsd which a Bullish continuation pattern We waiting for bullish Confirmation before taking our Buys
GBPUSD has shown a Clear rejection of structure and formation of a Double top structure GBPUSD might present and Small Time-frame Pump and dump to induce more sells into the market as The DXY Strength over Pound Pairs shows Bullish strength A Rejection at 1.21650 Zones will be an entry trigger to go short on the Market as it will be completing a M-type formation...
DXY has been moving in a Decceleration movement(Contracting movement), Showing a Impulsive move might occur DXY has not broken any bullish Structure as such I have a Bullish Bias DXY tested and Rejected Major Buy Liquidity zone
Gold has been in a bear market and is showing significant signs of further moves to the downside. We have further confluence with the DXY(Dollar gaining strength), Gold has spiked on a Strong resistance and is current pushing higher as of Tuesday(last week of the month). I'm expecting a Pump and Dump on gold as it has to Trap Traders in the wrong side of the...
Due to DXY reaching a strong zone of resistive pressure it has to gather enough power to break High's as we are on a Bullish trend Dollar strength is assured as FED hicked the US Reserves Bank by 75 basis Points(2-3%),making the dollar more expensive to buy. This will have a Ripple effect that will interest US Consumer spending but impact companies that rely on...
US100 is presenting a consolidation and a Squeezing of price indicating a potential Impulsive move. US100 is in a Current bear market and it's presenting a bearish pennant that will give confluence to the pair,I find it better to take continuation patterns on a Trending market as they yield a higher ROI than reversal Structures It failed to break overall price...
Us30 has been on a bearish rally for some months now. As structure and impulsiveness of the moves show a Strong Bearish Momentum. The market mones in a Impulse, Correction(accumulation), impulse structure. As such following this principle we can see that we had a Impulsive move to the Downside in this Bearish channel and is Currently correcting. It is advisable...
Nasdaq is presenting a Bullish flag As stocks have plummeted for some time, we see the strength of Nasdaq Bears reducing.
XAUUSD covered the FairValue that was created while it was trending heavily to the Downside It is currently consolidating and gathering momentum for a impulsive move There is a Formation of a bearish Flag formed and hasn't materialized completely
Gbpjpy has been on a Bearish outlook for a couple of months now. It has shown a slight shift in momentum from shorts to bulls in the recent week. If gbpjpy manages to break and Close Impulsively above STR Zone then I will be more than confident in taking long positions. Gbpjpy has shown multiple confluences such as a Bullish flag and a Inverse Head and shoulders...
A Sustainable Pump And Dump Might occur. I'm Seeing minimal Liquidity in the Market and Alot of open Selling positions are Opened on The Euro Dollar As such I will be eyeing up break of Lower High Structures To Clear the Money off the Table a Buy Would be more Beneficial in a Euro Standpoint
Dxy going Bearish due to Physiological Mass traders entering shorts, But after sells Dxy going Bullish due Bearish depletion and Bearish Trapping of Retail traders will be complete and Market will continue going Bullish. Zone of entry at Bullish trade is at Golden Fib zone
GU has Pulled back to its Resistant zone and Golden Ratio stand point on Fib levels. It will extend all the way downwards to finish its initial impulse to the Bearish direction
PRICE TO GO SHORT DUE TO DOUBLE TOP FORMATION ON BEARISH FLAG
formation of a Double top will trigger Prices to fall in the Bearish flag and Breaking it