US30 Is ranging Failing to Break Below this key level and continue in a downtrend. Taking a Long Position on to the Previous HH.
this key level has been holding taking a 1:1 as an exhaustion trade .
Gold is In A Downtrend . Multiple wick rejections formed a the LH ( pullback ) to indicate continuation . 595 PIPS , 116 PIP SL , RR 4:9 .
Price was in an uptrend but structure failed to make HH Holding at key level signs of bearish pressure . Price dropped and returned to its key level @3139.8 RR 4:5 .
UJ Was Moving sideways and broke out of structure continuing the overall downtrend. Caught a RR 1:5 price create a LH
Trading with the trend ! Closed all 4-0 . Letting My Runner Run TP to key level
Since GU Has already broke key levels like its correlated pair GJ I will be expecting the same result a retest before any decision. Worst Decision price could continue to sell past the key level of support .
GJ Has already broke 2 key levels one being support and the other resistance, GJ is also showing rejection at support price 134.114 I'm looking for a retest before before a final sell down. Worst case scenario it could continue selling .
Should see a retest of resistance and a Double top formation soon .
SILVER may retest support again and may break and continue to sell. But I predict that SILVER will retest and go long and stay in a range of 17.40 to 18.65.
Looking for price to continue pushing up to resistance 23.29443
I predict that USD/CHF will continue to buy due to GOLD stay in a range of 1720-1750 gold may sell off leaving USD/CHF to continue bullish the Correlated pair USD/JPY may have the same effect . But for now we should see push up to resistance price 0.96238.
This was unexpected in my analysis UJ brought up before the market close but taking a closer look at the market structure that should have been expected but due to the US & Japan connection I thought it would continue to sell down. It may continue to open bullish and buy to resistance 109.979. the news headlines about US & Japan are fake out right now in my...
Due to the candle formed at price 135.000 and the selling pressure i believe that it may continue to keep selling at least to support price 132.148 due to the wick resistance in the past . And due to the fact there may be a second wave of COVID-19 around the world .
due to the massive drop today i expect the fed to and gov to push spx500 , nas100, us300 as much as possible so i expect the same bullish performance as the bearish .
expecting to end friday with gbp/chf to sell to support