jackxzone

jackxzone

Log Chart on monthly basis From peak to peak, also from valley to valley, 1400 days cycle is pretty clear.

jackxzone

Flag pattern Current impulsive wave could potentially never go back, but I won’t chase the price. Wait for pullback. There is a unmitigated FVG confluent with 0.786 FIBO retrace.

jackxzone

MSS (Market Structure Shift): Confirmed the trend shifted from upward to downward. FVG (Fair Value Gap): showed the Imbalance indicating strong sell pressure. Entry @ FVG confluence FIBO

jackxzone

The upper pane is inverted USDJPY, ie JPYUSD. THE lower pane is US10, or inverted US10Y. When interest rate in US rises against/faster than/compared with interest rate in JP, the exchange rate of USJPY follows as well. Investors will simply pull out the capitals from Japan and park them in US for better return. If you can rent out your resources at the price of...

jackxzone

Civilization, society, including our economic behaviors, are all in the realm of this structured, programmed, computed, quantifiable universe. Trading, millions of people moving around billions of dollar in the world, is no exception.

jackxzone

ETHUSDT PERPETUAL CONTRACT on OKX weekly chart going upwards within channel confluence with 0.618 fibo Go long

jackxzone

Weekly chart shows clearly a distinct downward corridor, confluence with fibo retrace.

jackxzone

BTCUSDT Perpetual contract on OKX 0.618 retracement Go long

01:24

jackxzone

Monthly chart we can easily spot a nice downtrend. A small flag as a corrective wave now has just been broken & retested. The high of the current bar just touched 0.618. Time for the BIG SHORT.

00:46

jackxzone

Market moving sideways, we saw the current price formed a pinbar at 0618. Entry would be at half of pinbar, with stop loss below previous low, target below previous high. Set and forget.

01:49

jackxzone

A monthly triple top just formed. A great opportunity shows up & we shall react accordingly. Go short with awesome RR ratio.

02:08

jackxzone

Weekly chart established a beautiful double top. A strong movement turned the tide when hit the wall. The price continue to go down with classic 0.618 retracement.

jackxzone

Golden ratio at 0786 retracement. Stop loss below the pinpoint. Take profit below the horizontal resistance. Risk/reward at 3:1

jackxzone

Classic retracement 0.618 Stop loss below the pin with spread added

00:46

jackxzone

Price hit the upper boundary of the channel, confluent with horizontal resistance (previous support). Also, price retraced back to 0.618 fibo.

jackxzone

daily chart uptrend channel support level 0786 retrace

01:35

jackxzone

The previous down trend has been turned by a higher low & a higher high. Head & shoulders confluent with 0.618 golden ratio retracement, also a horizontal support.

00:59

jackxzone

EURUSD monthly chart downtrend channel price breakout & pullback to the trendline previous resistance now became new support confluence with 0618 golden ratio