PipsrusX

PipsrusX

todays U.S GDP figures may be a driver, maybe not. with the daily breach of 1.35 yesterday, and ongoing trade Saga, and the oil selloff, and assumed continuation of it, worst case scenarios are a standard lately. anyways, price action in my Falcon vision like sight of things suggests either way. however there can only be one outcome. brace yourselves.

PipsrusX

The cable has made it pretty clear on its downard stretch. todays intraday priceaction ended up breaking the minor support on the daily. somewhat major weekly support and structural retest is next, where we could see a more signiicant retracement beore the eventual continuation to the monthly support

PipsrusX

today's daily closure is significant, very. price has finally brached the important weekly level fo support, if all the stars align, EU could just die, eventually

PipsrusX

Weekly price action has clearly indicated eventual decline o oil prices sub 42$ a barrel. at the moment, daily candles have created a somewhat vague support two days straight. this paves way to retesting intraday broken structure as indicated on the chart. daily and weekly closure above that level would mean an entirely dierent story

PipsrusX

Monthly has been in a descending liquidation that suggests a structural retest, as last weeks candle broke previous monthly support. it has become more clear that a 300 pip move to the downside to retest monthly structure is much more eminent

PipsrusX

SPX may have just completed its retraxement. this may be signiied by its recent price action rejecting some monthly and weekly levels. which i broken would be critical to its downturn continuation, next medium target would be the last all time highs

PipsrusX

Eurjpy has been respecting this descending channel for months heading up to the monthly structural retest. what to note is that last month breached prior monthly support and the next monthly support falls perfectly in line with the third bounce of the lower trendline/liquidation channel. guns to glory

PipsrusX

Gold failing to break the previous monthly support and this week rejecting the weekly. price action favours upside in my opinion, and in relation to the dollar having peaked and double toppped the monthly, this may be gold gearing up for a major bull run long term

PipsrusX

dollar index has been trading in an asecnding liquidation channel, having reached the weekly structural resistance and double tested it with a doule top, i anticipate a continuation of the sell off of the dollar as per its monthly trend, irst target wold b the weekly structural retest as indicated

PipsrusX

USDCAD on monthly and weekly have shown an ascending channel, which is a profit taking phase/liquidation to the prior sell at the end 2018 and start 2019. what makes this spot special is particularly the way the weekly has shown a double top like condition on the weekly timeframe with major rejections o the prior monthly level around the top of that area. this...

PipsrusX

failure to break resistance!! short scalp before going long!!