GBPJPY is exhausted and if we use EW , we should be on wave 3 down. taking profits on the 1hr order block , this pair has potential to drop way much below though.
looks like its formed an extended M PATTERN after the first correction. break neckline n its full swing. good RR on it.
Oil about to course n be bullish. are all the bears dead ? looking at the financial macro factors, everything points to oil all time high. This tells us whats coming is worse that the 2008 great depression. Longing oil for financial freedom. send et
Apt trading on descending wedge on Daily T.F When it breaks the upper channel resistance its time for fireworks
Eth looks like its creating a rounded top. pump et back to 1700's before dump.
gold currntly trading on a bull flag, big bull flag in fact while dxy just tested its bearish order block, im expecting a breakout soon on gold where I have targets at 1845 and 1860. the rr we have gold is too good for any trader to miss out on, lets pump et and enjoy the ride.
the pair broke structure of the bearish bias , and put in a higher high of 1.037. a bullish retest was due while DXY was doing its bearish retest. i'd expect a higher high with targets at 1.065 resistance to be tested over the next few weeks if not days.
OIL just retested the bullish order block after breaking structure last week and should be ready to test the bearish weekly order block before more downside. good rr here its hard not to take this trade.
So oil yesterday managed to pull a double top with a fake breakout and sellers stepped in hard. Oil is very bearish considering inflation is also topped out. so its bouncing off its lower descending wedge trendline and should be moving up to test its order block for a bearish retest before more downside.
King btc still currently on an uptrend, (no lower lows) 22600 is key level for a bounce where we'd expect a push up to 25.8k resistance where wed get a rejection an expect to see a test of the daily order block at 20056 before the bg push up to 29-31.8k area.
so I really think bitcoin has topped out and I got a good RR for swingers, after finishing of wave 5 at 24700 (a pity it didn't hit 25k ) seems the ABC correction is in effect.
good RR here on BTC. after hitting resistance on main ascending wedge trendline as well as horinzatal resistance. Expecting a dump back down to 21800 support as it coincides with 0.5 fib as well.
The corn had a fake out of the bearish order block at 22400-23000 and got hit by resistance at 23500. currently unable to flip the bearish order block to support. My look on it is a drop down back to its daily order block at 19240-20048 where I expect just a wick on that o.b as it prepares for the august moon pump. I have my buy orders at 20048 and would dca if...
after recent cpi data at 9.1%,Oil showing signs that inflation might have topped out for now. Got a good RR set up on it (1:4) it broke out its l.t.f descending wedge and should be ready to test the weekly bearish O.B at $110 before we go down with target of 70$.