Scottjd

Scottjd Updated 

Strong support formed, looking for a break higher with the rest of the world approaching ATHs. It's likely the property sector will likely receive some government support soon which should boost the sentiment.

Scottjd Updated 

Bullish: 4hr Trendline break and retest Recently comments by Powell have brought things down (it what we all expected him to say), however fundamentally recent inflation and jobs data has been positive

Scottjd Updated 

Short: 4hr descending trend line over extension from last week

Scottjd Updated 

Expecting bullish movement up to 4hr descending trendline, then the short entry down to previous area of interest. Then I'm expecting a move up to the next point of interest.

Scottjd Updated 

Short: 4hr descending trend line down to previous level

Scottjd Updated 

Short DAX - Near Highs, banking uncertainty in US (don't want to be long into the weekend) and sticky inflation. Feels like a good downwards move to the daily trendline could work out well - Hopefully today.

Scottjd

Short Term Short: 4hr Trendline, then Long to next zone

Scottjd Updated 

Long: Expecting a further drop to trend line, before retracing back to impulse drop. Inflation is still in line with expectations for Europe. Therefore, expecting a similar result for the US with the rate hike path already priced in. Expecting dollar to continue it's decline and the inversely correlated gold to move up, during this period of uncertainty in the economy.

Scottjd Updated 

Clear strength given the absence of market moving news and the noise around banks clearing up. After touching previous zone (as explained in my previous idea) it has smashed through the second extremely bullish. Expecting some congestion around this next zone before moving upwards to the next zone. All of these have been in place since June-21.

Scottjd Updated 

Break of declining trendline, hit of support then up to next resistance. No material news this week, hopefully the bank drama has eased and should push up.

Scottjd Updated 

Bullish: Short to monthly support then long to fulfil drop from previous monthly support/resistance

Scottjd Updated 

Lots of liquidity grabbed recently, looking bullish to continue to next zone which has been well established since June 2021.

Scottjd Updated 

Long to outer/upper trend line before a decline to monthly support