GJ has been in this intraday range and we have now seen a breakout and retest we can aim for some sell trade
USOIL has formed a cup and handle on the weekly and daily charts, (feel free to quickly check) so we have since seen momentum to the upside, price has no entered a consolidation and a break out can occur, both ways still possible, however early signs of POTENTIAL breakout to the upside, watch next couple of sessions :)
DXY breaks high and forms strong pinbar, this tells us to expect upside momentum.
USD is starting to look extremely bullish, we are seeing price maintain the highs of 2017 and 2020, we saw a sidewards accumulation on this level and we are starting to see a reaction. Thus we can start to expect global recessions and asset depreciation. This is also hints at higher rates to counter inflation, Bitcoin and metals, Housing and stocks are all in line...
What content would you like to see here?? Would you like continuation of the NY signals series? Content on backtesting? Algo making? Please feel free to comment below if interested in anything particular. It is probably hard to learn out of just giving fish, I would prefer to teach people how to fish themselves as this is more rewarding. I have received a few...
Just some things I have noticed over my time trading, and thought Id share with you guys.