Bat Pattern confluences with major fresh supply zones on Daily and Weekly charts. Keep an eye on activity as it enters those areas. Cheers :)
EJ is confluencing this rejection on the monthly with a Weekly Head and Shoulders and this past week has closed on its low. Expecting a drift or possible small mark up before a large drop. Cheers :)
Retail trade patterns in the wrong place are the perfect storm to snatch traders. Let's see how this one plays out. -Trade only with money you can afford to lose -Always use a stop loss -Always be open to be wrong -Enjoy the process :)
Where patterns happen clue us in on things ... the placement is just right :) -Trade only with money you can afford to lose -Always use a stop loss -Always be open to be wrong -Enjoy the process Cheers
Potential Demand zone for gold on the weekly -- so far it hasn't shown as much luster as other pairs the dollar is strengthening against, but this could change before the dollar rally is over. -Trade only with money you can afford to lose -Always use a stop loss -It's okay to be wrong about anything -Enjoy the process :)
Confirmation and updated focus zone on weekly chart. -Trade only with money you can afford to lose -Always use a stop loss -It's okay to be wrong about anything -Enjoy the process :)
Tested a key level on the big markup this week but closed off the high. Clues show repeated signs of distribution lower, but one more potential mark up is possible first. -Trade only with money you can afford to lose -Always use a stop loss -It's okay to be wrong about anything -Enjoy the process :)
Key levels and patterns on Yen cross pairs. We are likely to see a fall here.
L3 Head and Shoulders in the right context. Already plenty of people seeing the drop obviously. 1.12 area is gonna be key testing ground for a rebound higher.
Pullback setup hit key retest of prior market maker levels. Trade only with money you can afford to lose Always use a stop loss It's okay to be wrong about anything Think in multiple scenarios
Buy Setup on gold -- good entry. Bread and Butter pullback setup.
CAD/JPY is giving us a great setup long term. We've received a triple bottom with a wide range bar closing on its high in follow through -- the icing on the cake is that that happened in the larger context of two larger patterns, one monthly and one weekly. The weekly pattern is an Inverted Head and Shoulders Setup. At the time of this posting we are close to...
1 Hour distribution pattern pulled from market history+confluence double top at weekly bat pattern level = this is a good time to sell this pair. Sell at market Use a stop, it's okay to be wrong, risk what you can afford to lose. Cheers
GU testing key pivot level and has essential pattern formation for probability for a retracement (or potential resumption of uptrend) higher. Good probability based on what I've seen before ... Always use a stop Trade only with money you can afford to lose Be open to being wrong about anything
Foreign Currencies and Stock Forecast Volume 1 May 22nd, 2017 This will be the beginning of what will perhaps in the future become a regular issue of forecasts regarding world markets of Forex, Stocks, and perhaps general trends. Because this is a “beginning” it is posted in online public networks to be a date marker of reference to show others when the future...
Hey guys -- been a while. Dollar has rallied a bit off its lows (it hit a fresh demand zone and Astrological turning point last week around the same time so no surprise). The dollar could rally further -- bias is long term is for further drop in it. Anyway AUDJPY has a classic buy setup (and rallied 800 pips off the low of the pitchfork setup I posted a while...
Potential Retracement to the demand zone here. Long term we are still looking several hundred pip drop in most dollar pairs. Market phase has shifted from range based to trend based. Potential acceleration.