XAUUSD : D1 chart/timeframe . The market is currently closed at the highest price XAUUSD has ever reached. The chances of price continuing higher are there but also the chances of price reversing for our point of interest are also high. We have a low that was left without an inducement. Friday the market closed off after sweeping the BSL which indicates a sign of...
We previously broke out a bullish flag pattern after reaching 53,649. Price gave us a double top pattern but however it was for a correction to the two strong support zones we have after breaking out of the channel. The support at 58,660 is being tested for the third time and from that I am anticipating an aggressive move to the upside.
BTC has been bearish for some time now and will continue to do so. This price moved in a way that was creating bearish momentum for BTC. We recently had a point of interest on the M15 chart , price pierced up through it sweeping off a previous high and creating a new one we will target in the coming days/weeks! A low that created the current high also gave am...
Price broke our all time high and with that high broken , we have no other areas to target above. We're targeting the SSL (sellside liquidity) on the 15 minute timeframe. We also have a low that was not induced! Im very confident that we might be able to find opportunities to go short on monday.
With price failing to sweep off an Asian high before NFP , a pull back was expected. We traded the NY session moving bullish as price had started pull backing for that resting liquidity on the buy side. Price tapped into the DAILY POI (POINT OF INTEREST) and just in 0.01% into the risk area and dropped immediately. My team is already milking US30 for the 3rd time...
Seeing that US30 is in a downtrend from the H4 timeframe , when you switch to a lower timeframe , specifically the 45min tf. You will see that its in a bullish flag channel , it will go down until it hits that daily low , which is our supply area . Once it touches that supply area , we will be good for buying US30 but only after it has retested the upper trendline.
As EURCHF has been in a downtrend , its set to break out of the ascending channel that has formed a bullish flag. Its expected to move long for a month or two and then continue pushing to the downside until it hits the daily resistance.
Gold scalp 15M. Gold reached the low , psychological level and started moving bullish again .
In the past few weeks Indices has been moving extremely amazing , moving higher than before and they had us really believing that this is definitely the year indices are going to hit all time highs. The dropping of US30 right now is a clarification of the strong buys we will be executing this year as Indices are expected to hit their all time highs.
EURJPY update. The pair got traders thinking whether they should sell or buy . As it is still in bullish trend and currently giving sellers a bit of hope that the price will drop. The price will only bounce between the trendlines and the buyers still remain in power , sellers are only open for a short-term trade .
There might be a very strong fall on the AUDJPY Pair , a time of selling for traders. strong sell !