


alldyn_pip_king
Premium(Chart has additional details) Buyer's Market. Good confirmation of the Bulls in control. Expect short-term bearish sentiment and look to have a price action turnaround about the 0.618 Fib retracement level and this push-up. Almost the same situation with AUDUSD, except here, price action was slightly weaker against the USD.
(Chart contains more information) Unlike the other pairings against the dollar, I see too much weakness here against the dollar, and I believe that has more to do with the economic (fundamental) issues that are facing the EURO and EURO block countries. There is a lot of price action exhaustion to go north, and even if the dollar shows weakness, I don't think...
(chart contains more information) I think we are in the same situation here with the Pound Sterling as we are with the EURO. The country didn't recover well from the pandemic and then inflation due to the ground situations caused by the pandemic shutdown. Unlike the EURO, the GBP is showing more weakness than what we see there. Historic price lows seen here,...
(Chart contains more information) What can you say here? It is Safe-Haven Asset Vs. Safe-Haven Asset. The USD is the clear winner because of investor optimism based on the Fed's Hawkish policy decisions, while the JPY faces mixed signals at home. I am only looking for buying opportunities. Right now, we are seeing some bearish pressure, but this is in the...
(Chart has more information) Bearish Bias: This has been very clear from the start. We have had nothing but strong bearish momentum. Any signs of bullish gains, I believe, are liquidity grabs as the market is pushed down even further. The last signal given is Bearish. P&F is very clear here. As demand weakens, supply takes over, and prices fall.
(Chart contains more data, compare to EURUSD Japanese Candlestick Chart analysis in link-related ideas) Just looking at things from a P&F Perspective. The last signal was Bearish, and it was one of the most vital trade signals that this charting system gives. The beauty of P&F is that it gives a clear picture of the trend and who is in control of the market. If...
Live Testing Going long on UJ30 Min. approx 1:1 Identified current market strength conditions with individual currency strength. 15M showed USD strong and JPY weak.
Information of the (my) expected scenario is on the chart based on the highest probabilities. Fib walk all the way down from the Monthly to the 1H showing Fib clustering (areas of importance). The market has female characteristics: 1) It does what it wants when it wants. 2) It is always right. A trader's expectations should never turn into ASSUMPTIONS. We...
As I mentioned in the XRPUSD short analysis, going long wasn't my first option but it was a possibility to a lesser degree of it going short. You can see from Friday night the bullish push upwards through today. Even looking at BTC Futures you can see the change. I am looking at XRPUSD hitting 1.30030 at least.
I am looking at taking this opportunity. I had the green and red boundaries set from the previous TR and I missed the move that happened at midnight PT. ***IF*** I will take the preferred. If no preferred then next. The bonus is off either entry. This pair is very bearish, BTCUSD is very bearish as I am looking at the next 2 to 3 days. This is why I have no...
We have a lot of interesting stuff here happening with BTCUSD off some key areas of associated price action. What I also find interesting is how TPO and VWAP ( *Note - I left the Asian session encapsulation on) play into that associated price action. I think that we are going to see other cryptocurrencies follow the move upwards and that this is nothing more...
Just looking at two choices based on one particular 4H candle and how the associated price action at this level is moving correctively. We have a large inside range of 9,000 points with market movement contracting, which I believe is the pause (price equilibrium, base, side-ways movement, consolidation) before it springs (higher probability) into the desired...
Looking to get 2:1 off this trade setup IF and WHEN the candles are ready.
Looking to see CAD rise while pressure is applied to safe-haven assets like JPY
Looking to short EURCAD as I see further pressure on the EUR with rising cases of the Delta Variant and economic issues surrounding the outbreak.
Looking at Risk-ON appetite and seeing further weakness in the Forex dollar.
Associated price action has been playing around this area for a bit. Looking for price to do a Fake Out (FO) to the south and then the true movement to the north. We may not see any movement until later within today's NY Session.
Looking at what is happening and the associated price action movement from Tokyo, to London, and now in New York I think we will have a push higher to the above 15M AOI.