Gu was bearish last week and is currently showing signs of recovery, on the 30min we see a sell side liquidity at a minor supply zone which signals buying opportunity.
The Dow has been bullish for the past four weeks and a slight pullback to the 42728 psychological level is probable before it resumes to trend.
Going short on BTC as it loses bullish Momentum to the upside, may continue trending bullish but we can also capitalize on the short term sell.
We're currently seeing the Australian dollar strengthen against the US dollar and it advances with strong bullish impulse from major 4H support. With good R:R we could catch a considerable number of pips with T1 and T2 as our targets as marked on the chart.
GBP/USD traded around the 4H demand level last week without any major direction, we are likely to see buyers come into the market this week as the current support zone serves as a good level of demand.
After a rally from a major daily supply accompanied by a neckline break, we are seeing a slight pullback into neckline for a bullish Continuation. Since we're in an overall Uptrend from the daily perspective, we need to exercise more caution when taking our short term sells.
BTC/USD showing signs of imminent reversal failing to break above the 63400 price zone, a break below the 62000 would be a good confirmation to go short or we may wait for a retracement to the 63400 zone for price to gather some liquidity.
BTC/USD showing signs of imminent reversal failing to break above the 63400 price zone, a break below the 62000 would be a good confirmation to go short or we may wait for a retracement to the 63400 zone for price to gather some liquidity.
UJ after a break and retest back into minor 1H supply, we can look to go long with a good R:R
Dxy is currently at a support zone with a W pattern formation.
With the weakness we are currently seeing in the dollar, and the reversal structure from daily supply, we might as well consider going long
We're seeing a similar pattern here as on gold, and with the dollar weakness, we might as well consider a short term buy.
We're currently seeing a BoS on US100 and with a good ,R:R we can go for a short term sell
Short formed W pattern on gold signifying a bullish reversal to the nearest key level.
After momentum breakout, we can go short with a good risk to reward.
We've seen a breakout of our distribution phase and we might as well continue to sell to our major key levels.
The dollar index has broken out of its weekly consolidation and is headed toward daily supply which may either result in a breakout or reversal, for now, we can look bullish on the dollar index.
Strong bullish momentum from support after long mitigation.