Major weakness in this region. I anticipate a bearish breakout
I can see a sell off coming for EG potentially. Ideally a break of support for confirmation of the move for confidence
Unless BTC can break the current structure on the weekly and close above 11000 on the monthly chart, there is no bull run and I expect it to hit 1 to 2k and then from there it will recover
The monthly chart paints a clear picture for UCAD, the price drop from the last 2 weeks or so isn't going to sustain imo so I expect it to rebound back up with CAD weakness
Gold has created a seris of lower high and lows and there is further downside to come imo. A break of 1680 will be confirmation
Ideally you would want to see it get back above zone marked out to then long if you wanted to have a safer approach
The us30 has rallied but it won't last imo and I expect it to drop back down potentially past the lows it created even
Gold has retraced quite a bit and it does have the potential to go a bit lower. However this support region is nice and high r:r. Make sure to breakeven if you move into profits so incase the market doesn't move the way you anticapte it you are risk free.
Daily structure is indicating bearish pressure for the nzd currency and there is a nice oppurutnity to short from current levels
After a big drop, a retracement trade can be caught. Risky trade
A risky trade because it's a reversal type but if this double top holds quick pips to be gained
I see UJ to go possibly higher, waiting for the 4 hour higher low to be confirmed would be good
Tight stop for a high risk to reward. I don't consider this trade that safe but once agian the risk to reward is there
The overall trend for UCAD is still bulllish and the 4 hour time frame have started printing higher highs and lows. A retest of broken resistance now turned support, if this level holds expect a 200 pip push up
I see the potential in this, there aren't many confluences but I like the way the 4 hours have formed
Gold is breaking structure on intraday timeframes and has the room to do a nice 200 to 300 pip push up. I see this trade as risky because the stop isnt below the last 4 hour low however it has a nice R;R to it
I beleive the Aussie pair will drop, even further than the TP set on the chart. Nothing is certain in the market but If the momentum is strong this could end up being a 300 + pip drop. As always upon a downside push, breakeven so the trade is risk free since the stop loss isn't wide