As predicted, Silver broke towards the bottom side of the descending channel that it wa creating for the last few weeks. Once the break occured on H4, we just waited for the reentry around the 15.550 mark (Lines up wiht fib lvls 62.00)
Realistically, once the channel was broke that was all the confirmations I needed to enter the trade.
The massive bearish...
Easy clear set up. Top down analysis shows us that price is bearish more then bullish. Based off of the monthly and weekly we can see a head and shoulder pattern forming where the top of the right shoulder is finally completed and is moving towards the neckline. JPY pairs have been coming down as well for the last two weeks so I dont see this changing...
Anticipating EU to finally make its long and awaited bull run starting today and into this week. Price is currently floating around the 1.15000 range now and cannot seem to break the 50 pip threshold below it or above it. Currently its sitting on a high turned low area in the market with 3rd elliot wave legs forming on H4, D, and W timeframes
On the weekly and...
EUR pairs are losing value as brexit news came out this week and like every other brexit week. Price goes down
Earlier this week we saw a big bearish push on all EUR pairs. EJ specifically broke through the 129.000 price threshold finally after a few weeks of trying to push through it.
The last daily candle was a massive bearish engulfing candle that rejected...
Audusd is looking to make a massive bullish push for the foreseeable week and months to come
Its currently ranging on a strong level of support at price point. .72000 as well has respected the daily structure point of .68000
Price will not make its move back down after this push. With the weekly harmonic bullish pattern showing strength as price continues to...
GBPJPY is looking to make its massive downside push this night. All gbp pairs have been acting kind of choppy for the last few days. Having upsides while still maintaining its downside push as well.
Yesterday daily candle closed bearish while showing bearish signs throughout the day with shooting stars and pinbars to the topside
LH was just formed off of the H4...
MASSIVE SELL Approaching on EA. Bearish run is currently going with a bullish retracement occurred yesterday. Fibs, demand zones, low turned high areas are all in confluence with eachother for a big sell.
TP is located at the next structure point
Expecting a strong bullish run towards the upside. Strong confirmations throughout.
Testing a supply zone, massive double bottom on smaller timeframes, bullish pin par candles with bullish candlestick variations occurring. Price is currently on a high turned low area where it needs to make a correction. Trendlines are being respected from the daily an a unique...
GBPUSD Needs to make its bullish correction before going short completely
Daily and weekly timeframes shows a massive bullish uptrend with a huge daily bearish push that occurred last Friday. Price needs to correct itself and push up once more before the bearish run occurs completely.
Price is currently sitting on multiple trendlines, strong structure point in...
