🔸Let's review 1 hour chart for EURJPY today. speculative buy/hold setup for EURJPY bulls, accumulation in range. Currently trading near range lows and re-test of premium prices below range lows pending, which is a buying opportunity for the bulls. 🔸Range highs set at 158.20 and range lows at 157.10, premium prices above at 158.40/158.70 and below at...
🔸Hello guys, today let's review 2daily chart for IBB . Entering re-accumulation stage now, expecting range bound trading during autumn time season. Range defined by range highs set at 135 usd and range lows at 117 usd. 🔸Similar fractal observed in 2018/2019. Faded into range after heavy spike, re-accumulation then 50% pump later during spring 2020. 🔸Recommended...
🔸Hello traders, today let's review 8 hour price chart for BTCUSD . Bitcoin trading sideways over last 8 weeks with extremely low volatility. Having said that, low vol always precedes high vol periods, therefore it makes sense to prepare for the new BTC move in advance. 🔸The speculative bullish structure on 8 hour chart is bullish 3 drives pattern. Defined by 1st...
🔸Hello traders, today let's review daily price chart for BTCUSD and potential reversal zones. We got a weak bounce in progress since we triggered fresh demand zone near 25 400/500 usd, however limited upside as bulls will face strong overhead resistances near 29 000 usd / 30 000 usd, therefore I still recommend to short sell rips/rallies. 🔸On the left I got key...
🔸Hello traders, let's review the daily chart for USDCAD today. Recently price was locked inside accumulation/distribution trading range and subsequently we got rejected from 3730 range highs near premium prices. currently bears taking over and expecting more losses in this market. risk reward shifting in bears favor now. 🔸Trading range is defined by range highs...
🔸Hello traders, let's review the 8 hour chart for EURUSD today. Outlook shifts to BEAR mode currently, since bulls were unable to push hard after hitting 0900, right now distribution in tight range 0900-1000. 🔸Short-term expecting more range-locked price action within the flag pattern structure, position traders should stay on sidelines and wait before short...
🔸Hello traders, let's review the daily chart for EURUSD today. Recently we had noteworthy compression inside rising wedge in strong prior downtrend conditions. Normally this results in a breakdown and dump, we had a fake breakout and print of new higher high at 1230/1240 before reversal and subsequent breakdown of the rising wedge structure. 🔸EURUSD ongoing...
🔸Let's review 4 hours chart for EURGBP today. speculative buy/hold setup for EURGBP bulls, accumulation in range. Currently we triggered overhead premium prices so expecting short-term pullback before more upside in this market. 🔸Let's review two primary options for the EURGBP. Primary option1 is buying low after the pullback from mid-range. EURGBP is trading is...
🔸Hello guys, today let's review 2daily hour price chart for gold. Trading in well-defined range since June 2020, we recently got rejected near 2 000 USD, triple top rejection and currently dump / correction in progress, expecting more losses mid-term 🔸Range lows defined at 1715 usd, range highs set at 1980 usd, resistances overhead at 2 000 / 2050 usd and key...
🔸Hello traders, today let's review 4hour price chart for gold. Downtrend in progress currently, however oversold conditions so a bounce is likely/possible short-term. price chart is still weak and expecting more losses in this market after the bounce. 🔸Recent downtrend is defined by 5 wave sequence, currently wave 4 bounce in progress, expecting wave 4 to...
🔸Hello traders, today let's review daily price chart for AAPL/Apple. Overall, chart looks good, currently pullback/correction in progress. 🔸Strong sequence of higher lows and higher highs and new higher lows new higher low expected near 150 usd. currently pullback in progress so it's recommended to wait until pullback is over before reloading. higher highs at...
🔸previously recommended shorting BTCUSD / short selling rips/rallies. Since August not much progress, we are stuck near 26/27k with extreme low volatility conditions. 🔸Bitcoin remains prone to further losses, since bulls failed to break overhead resistance near 28 000 usd, expecting limited upside beyond golden pocket level and therefore recommend to short...
🔸Hello traders, today let's review 8hours/candle price chart for spot gold. currently we are locked in trading range and therefore no clear direction, so I recommend to focus on shorting high and buying low, details see below. 🔸Trading range is defined by range highs at 1957 usd and range lows at 1910 usd. premium prices overhead at 1965/1979, below at 1890/1900....
🔸Hello traders, today let's review the key s/r levels on gold 4 hour price chart. We got a noteworthy sequence of lower lows and lower highs, indicating a strong downtrend, currently re-distribution in progress with limited upside. 🔸Fresh supply overhead at 1947/1970/1986 usd, while also fresh demand below at 1902/1886 usd, however bears maintain strategic...
🔸Hello traders, today let's review4 daily price chart for RACE/Ferrari. Measured move pullback in progress right now, however overall strong chart indicates further upside possible. 🔸Strong sequence of higher lows and higher highs and new higher lows new higher low expected near 210/215 usd. currently pullback in progress so it's recommended to wait until...
🔸Hello traders, today let's review the 2days/candle AMD price chart. Recently solid gains off the lows near 58 USD usd and currently pullback/correction in progress after we maxed out at 125 usd. Having said that, bull run is not over yet, and after correction expecting strong performance and new ATH for AMD. 🔸Setup is based on speculative XABCD structure, point...
🔸Hello traders, today let's review the 8 hour chart for USDCAD. Speculative XABCD setup with advanced entry for the bulls near point C, recommend to use tight SL and proper risk management and also confirm reversal with other indicators/systems. 🔸Setup is based on speculative XABCD structure, point X at 3800, point A and 3180, point B at 3650, point C at 3270 usd...
🔸Hello traders, let's review the 4 hour chart for GBPCHF today. Recently price was locked inside distribution trading range and subsequently it broke down below key s/r level near 1250 and hit 1050. Expecting limited upside and reversal off the premium prices overhead. 🔸Short-term expecting final pump into overhead resistance / premium prices near 1200/1220,...