TheQuietEdge

TheQuietEdge

Clear patience needed for this one. Price is slowly approaching a 'reaction point' - how it acts at that RP will determine which way trend goes. It's one to watch for now.

TheQuietEdge

Picture says it all. We break the resistance on the 3H Candle and we should be looking at going upwards, we stay below and we'll probably start another reversal.

TheQuietEdge

As you can see DXY is heading back up to a key resistance, I do not think that DXY has shown any signs of breaking through this resistance and continuing upwards. I do however think that DXY will touch this resistance and then come back down to test the major key level at 92.437. This level is key as it has been tested multiple times before, and I do think DXY has...

TheQuietEdge

The Godfather of Trading... EU. Analysing across DXY and the USD in general, I can picture a bearish week for the Dollar ahead, given the last 2 weeks have been showing consistent bullish pressure, I think this week the bulls will run out of steam. DXY may be heading back to 92.000 or lower. I think DXY crashing, will provide the bullish momentum that EU was...

TheQuietEdge

Analysis on chart

TheQuietEdge

⚠️ GBP/JPY ⚠️ Literally my favourite pair, it can make or break your account.. trust me I know. GJ has made a double top on the 4HR, 1D, 1W time frames, you can see there was a similar reaction at the beginning of June too, before it pushed down, we may be able to scalp a quick 50 pip move back to 139.000 as I’m sure it will reach. Hoping for it to get to...