ProjectSyndicate

ProjectSyndicate Updated 

🔸previously recommended shorting eurusd at 0900. right now bid is 0797, short trade running pnl +100 pips. recommend to exit short at 0680 and look for a reversal trade setup on buy side. review original trade setup (short) via link below. 🔸eurusd generated a swing high failure short sell signal after failing to print a new higher high, SHF at 1255. right now...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 8 hour chart for inverted EURUSD. (1/eurusd) Speculative XABCD in progress, with PRZ/D set at 0.9600 (1.0400), so expecting more losses in EURUSD going into FOMC / early october 2023. this is inverted price chart! so means that long = short EURUSD. 🔸XABCD structure is defined by point X at 9500, point A at 9000, point B at 9350,...

ProjectSyndicate Updated 

🔸Hello traders, today let's review the 4 hour chart for gold. Speculative XABCD setup in progress, going into FOMC expecting final pump before reversal from point C. 🔸speculative XABCD structure defined by point X at 1890 USD, point A at 1946 USD, point B at 1905 usd, point C at 1961 usd, finally point D/PRZ at 1875 USD. This is advanced entry strategy on sell...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 4 hour chart for EURUSD today. Ongoing distribution in progress going into FOMC we are trading in neutral trading zone right now, so no trades are recommended. I suggest to wait for the FOMC data, dust settles, then get ready to re-short EURUSD from overhead resistance, more details on the chart. 🔸EURUSD ongoing...

ProjectSyndicate Updated 

🔸Hello guys, let's review the updated daily chart for USDCAD today. Bullish impulse in progress since we hit a strong bottom / reversed off the lows at 3150, right now expecting more upside in this market and recommend to focus on buying dips / accumulating. bulls maintain strategic control. 🔸Short-term pullbacks on lower timeframes present a great buying...

ProjectSyndicate Updated 

🔸Let's review 8 hours chart for EURGBP today. speculative buy/hold setup for EURGBP bulls, accumulation in range. short-term expecting pullback from overhead resistance, shorting from resistance is a higher risk setup (bears), however focus on buy/hold instead. 🔸EURGBP trading in well-defined range since june 2023, range lows set at 8550 and range highs set at...

ProjectSyndicate Updated 

🔸Hello traders, today let's review the 8 hour chart for gold. Recently solid gains off the lows near 1890 usd and currently expecting more gains in this market going into September. short-term pullback in progress, expecting pullback to complete near 1900/1905 usd. 🔸Setup is based on speculative XABCD structure, point X at 1965, point A and 1890, point B at 1948,...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 8 hour chart for AUDUSD today. Ongoing distribution in progress since March 2023, currently breakdown detected, expect further losses. 🔸Aussie dollar under fresh sell side pressure recently also going into August weak seasonality based on past 10 years of data, therefore expecting fresh losses since the distribution range is...

ProjectSyndicate Updated 

🔸Hello traders, today let's review the 8 hour chart for gold. Expecting more gains in this market, strong V-shape recovery in progress after we hit the cycle low near 1890 USD. 🔸V-shape recovery projected high set at 1975/1978 USD, which is heavy overhead S/R, bulls will target re-test of the key S/R going into FED in September, this is a bullish impulse in...

ProjectSyndicate

🔸Hello traders, let's review the daily price chart for BNB today. Prior strong downtrend conditions then compression into rising wedge in downtrend signals further losses. 🔸BNB CZ took down FTX previously, however as a domino effect now Binance is under heavy scrutiny by global regulators and SEC in US. Things are not looking good for Binance and the Ponzi BNB...

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🔸Hello traders, let's review the 16 hour chart for DXY the US dollar index today. Speculative XABCD in progress, with PRZ/D set at 106.60, so expecting more gains/ upside in September. Bullish outlook for DXY / Bearish outlook for EURUSD. 🔸XABCD structure is defined by point X at 105.60, point A at 101.10, point B at 104.30, point C at 100.00, point D/PRZ at...

ProjectSyndicate Updated 

🔸Hello guys, let's review the updated 8 hour chart for USDCAD today. We are still locked in massive trading range, with solid recent gains off the lows. 🔸Bulls built a strong base down below right now we got an bullish trend and expect mid-term continuation until 3620/3640, minor pullback only which are buying opportunity for the bulls. bears should wait for...

ProjectSyndicate Updated 

🔸Hello traders, today let's review the 4 hour chart for silver. Recently solid gains off the lows near 22.50 usd and currently expecting more gains in this market going into September. 🔸Setup is based on speculative XABCD structure, point X at 25.75, point A and 22.30, point B at 25.00, point C at 22.50 and finally point D/PRZ at 26.85. 🔸recommended strategy...

ProjectSyndicate Updated 

🔸speculative xabcd setup advanced entry bulls with confirmed reversal at point C at 1240. Expecting short-term losses. point D print incoming near 1030. higher risk entry on sell side at market price. 🔸XABCD pattern structure is defined by point X at 1080 point A at 1220, point B at 1100, point C at 1240 and point D at 1020, which is a 113/127...

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🔸Hello traders, today let's update the 2daily chart for UK100. We are currently testing weak s/r level near 7300, however I expect the level to break soon and more downside. 🔸Price was rejected off the highs recently and correction in progress now expecting more losses until we bottom out near 6900, which is a great level to buy/hold for the bulls. expecting a...

ProjectSyndicate Updated 

🔸Hello traders, let's review the daily price chart for ETH today. This is the worst case scenario option, 50% correction after breakdown of the rising wedge pattern in downtrend. 🔸ETH is compressing into rising wedge technical pattern in the downtrend, which normally resolves in downside breakdown and continuation of downtrend. having said that, do not panic,...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 4 hour price chart for BTC today. Previously recommended shorting high from resistance near 31 000 USD targeting 28 000 USD and 27 000 USD. both targets hit with pinpoint precision. feel free to review the original BTC short via link below. 🔸Chinese billionaire Yi Long Ma (*sarc) triggered the recent sell off event in crypto...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 8hour price chart for BTC today. Short-term bears maintain control as we recently got booted / rejected from overhead near 31 000 USD. currently trading near 30 500 USD with very low volatility, distribution in progress 🔸Bears will likely target re-test of 27 000 USD over next few weeks. Heavy resistance overhead at/near 31 000...