Waiting on price to go hit the mentionned area, if it does, I'll publish my entry Thanks for watching Cheers and as always, safe trading!
Hey hey! Here we back again with another analysis, lots is going on lately, and we gathering more and more evidences pointing into a trend shift for the dollar, so I'm going to update DXY analysis from last time. The chart speaks for itself but let's try to add a little commenting to back it up. DXY has been taping the 115 level pretty strongly last...
Gold has been under high pressure because of Dollar strenght lately, but it might want to go for a little break up, It's been grinding down trought a parallel channel/wedge since the beginning of the month to eventually hit the 1800 level, pulling a nice H8 Pin bar showing some strenght in the bulls hands. It's a risky trade to get in, as we know Dollar is...
Been waiting on this one for a minute. Silver last daily close was an invitation to long but hey, let's see what's going on. Silver has been on the up like everything else since last September/October. It went from 18.00 all the way to 24.50, it's huge, a 30% increase in 3-4 months, but, then, it's been hitting the ceiling pretty hard. I can count 6 touch on the...
We've seen an amazing push in BTC and in crypto in general but, I don't know, I can't believe that the bottom is in yet, looking at the actual situation. It doesn't seem like the market is in risk-on mode quiet yet, so anyhow, I'm going for a small short on BTC, back to previous level @ 22500. Sorry I didn't show it before, I'm in since the wick we've had a...
Dollar is loosing steam this week after the huge push up we've seen recently, Here we can see an ascending pennant, a textbook favorite, that is breaking down with a strong H2 engulfing making it look like it could go back to support It's a counter trend trade, so we have to be carefull, and expect less The ascending pennant is a reversal pattern when it...
EURUSD has been under water for a minute, but, a this point, we might want to go back up a little bit, The window is short as I think we're expecting more downward movements in the upcoming months, but for now, we might be able to get a nugget from a temporary retracement. I have been waiting for EU to get into the 1.05 level for a while and there it is, so,...
AUDJPY has been in an ascending parallel channel for a while. It isn't the cleanest one but it does exist. On the 9th of february we've hit the bottom trendline, so, if logic was to be respected, we should shoot for the upper trendline now. Recently we broke the descending trendline of a correction occuring within channel, right after the touch of the channel's...
The Aussie just hit a very strong resistance, Yes it's been on an uptrend since october, but, in this scenario, this uptrend could have been a retracement part of the massive downtrend that started in 2021, After the market moves from this week, price have bounced off the 0.70 - 0.71 level and is looking like it's going south, to go hit the 0.675 area first,...
EURUSD is behaving like it going to go south for a little bit, let me explain, The price as hit a very strong resistance, the 1.10 level, and is rejecting a couple other major chart elements, I'm going to look for entries on H8 - H12 and D1 and help EURUSD get to the 1.04 - 1.05 Level first, then back to the 1.00 Level is further selling pressure The reasons...
AUDUSD has been hit pretty strong by the news that popped up an hour ago, USD getting more and more strengh as it showed more inflation than expected. Here we have a nice Head & Shoulder in the making, and price is grinding the neck line as I'm writing, I'm already in position, as I've entered a little bit before the news, my trade is at break even now so, it's a...
Hey there! Gj is my favorite pair, such a nice volatile pair to work with, but lately it's been acting pretty crazy, that's why I haven't talked about it so much. But, price is at an interesting spot right now. See this 160 level, it used to be a support in the recent past, and a strong one. It's been hit several times between last june-september. Then we had a...
Hey there! Here is the analysis concerning DXY for the following week. It looks like we've past the previous week trying to get in the rebound for what could be a continuation of the movement upward of the dollar, the C point. Last week the market was consolidating after the big push of the dollar two weeks ago. DXY is pushing strong, supported by the fresh US...
Gold has been hit pretty hard by the rise of dollar since a couple of weeks. It broke the ascending trendline it was in since november violently, without retesting it, falling like a rock all the way to the 1800s. But now could be the time for a little push up. It could either be a retracement if gold wants to print a downtrend, in what case we would go up to...
I've published an analysis about the head and shoulder last week, which was looking really good on paper. It broke the neck line but then, it came back right in, looking more like a fake out than an actual break. I've collected something from the the neckline break but, I had to close before TP because of the strong reversal that happened last friday. But...
Hey fellows!!! Gold is still pushing down, On the lower TF we gat what looks like to be a couple of bearish flags breakouts going on. After gold has been trading in a tight ascending range all week, it finally broke the flag down yeasterday following US news, And today, it came back to retest the 1870 level and again, US news kicked in! So here are we now,...
Hey hey! I hope everybody is doing great! Let's walk together trought some potential setups for next week on our favorite pairs, here is USDJPY to start up with. USDJPY has been on the upside since the dollar has gained some steam lately fueled by US news supporting dollar's strenght. JPY has been especially affected, the reason being that, while the BOJ is still...
Like everybody knows Gold has been on the fall lately, responding to dollar strengh A bearish flag is forming on the lower timeframes, we can spot it with the H2 candlesticks, and it's very well detailled on M15-M30. I've put two alerts, one on the green trendline, another on the red, If price breaks higher, then I'll look for entries around the 1900 level after...