TraderRiz

04:01

TraderRiz

Weekly forecast of DXY for 02 June 2024, i think we can go either way and that represents opportunities on both sides with tight stops.

TraderRiz

This is my weekly forecast of Gold for the week of 03 June 2024. We are still in a sell program, so i forecast lower lows to come. I'm looking to short next week for targets down near 2260

03:43

TraderRiz

My view is that we are still in a sell program, so lower lows to come, I'm looking to get short next week for target at liquidity lows

04:58

TraderRiz

My forecast for the months ahead from May 2024 and where we are going. I'm expecting higher prices as long as we remain above the fair value gap.

07:37

TraderRiz

I forecast lower lows to come on the AUDUSD, shorts at potentially 0.6730 or 0.6755 Targets at lower lines as per discussion in the video

06:07

TraderRiz

There is some uncertainty on BTC, we could go either way here, however, I'd like to try shorts up here, as are in a premium market. I would have like to have seen the recent highs broken and then back down lower. I'm unable to add attachment links so can't show my cyclical analysis, if someone knows how please let me know and il add it.

02:12

TraderRiz

Here is a monthly chart, with my forecast of where price may go. I'd wait for a pullback before i would then look to long.

03:14

TraderRiz

This is my weekly forecast for the week starting 28 May 2024. I see two scenarios, firstly we could just go down a little and then drive higher, secondly, we could drive down to the gap and then drive higher.

03:01

TraderRiz

I see gold moving up to 2375 where we have a bearish breaker, and so back down from there.

05:08

TraderRiz

I see us coming down lower, taking out some liquidity and then driving higher, coming into a gap and then driving higher.

TraderRiz

I'm looking to take a long here on oil, we have had a good pullback, and I believe we are still in a bullish phase, so I will take a long. TP and SL are as per the image.

TraderRiz

We are still in an uptrend, however, the trend is weakening as we couldn't reach up to the higher parallel line. We then had a consolidation, broke up above and came back down below it. As we are in a uptrend, this is a higher risk trade, however, the market is slowly starting to show its hand. So I've kept my stops small and looking to short it with TP and...

TraderRiz

Daily chart of US 10 Year Bond As per image, we have had two drives up, and are finding support here, so i would think there is at least one more drive up. I'll be looking to get long as per my diagram shown, with SL and TP as shown.

TraderRiz

As per image, we had our consolidation at the bottom left. Since then we have had three drives up to a top, that also aligned with a 6x of the consolidation range. We then had a close below a green candle, and also a break of market structure, suggesting its time to move lower. I've highlighted where i could look to get in, with SL and TP. For me its not...

TraderRiz

As per the Image, we had a consolidation at the bottom left, and then three drives high to a top. This top aligned with our 3x fib extension of the consolidation. After hitting the top, we have closed below a green candle, potentially suggesting a top. I see a shorting opportunity for us to now go back down to the lows.

TraderRiz

As per chart, there are two possible scenarios. We could go higher to take out the higher liquidity on the left, or the highs are in and we now go lower back down to the lows. I wouldn't be looking for longs up here as we are at a premium price, so i would be looking for shorts at this level.

TraderRiz

As per the diagram, we have moved up (three swings to a top), and are now moving down (three swings to a bottom). I'm forecasting a short opportunity if we get a little higher from here, and the shorts should take us back down to the initial consolidation at the bottom left.

TraderRiz

Here is an image showing my monthly forecast for ADA I'm bullish. You can also watch the detailed video