EU has exhausted itself and will soon suffer the consequences as the bears have had enough time to warm up... the bulls are in for a bumpy ride as the bears might dominate till 15000 for 300pips we will not be greedy as we will only take the first 100 pips to 17000 and look away
we are heading down on GU as you can see via my analysis. if you like this idea or find it meaningful please click the like button and follow my page for more
OANDA:SPX500USD this is a nice short entry but if the market gaps higher on the open it will give us a better entry point
OANDA:NAS100USD A fall on USTech is coming to your screen this coming week. book your seat and dont miss out but first click the thumbs up and follow my page that is all i ask for in return. thank you.
OANDA:GBPUSD # I am anticipating a sell movement on the cable. And before you keep reading just follow my page for more great setups. Anyways back to business. The cable is losing some steam after a hectic rally causing exhaustion for the bulls. now the bears are taking over and the dollar strengthens against the pound
OANDA:EURUSD We are headed for a little retest and a complete drop to the downside. This is a very simple and straightforward trade... if it does not retest to the horizontal resistance first and goes down immediately we will look for a retest on the trendline on smaller frames such as the 1H frame
On our EN chart we are in a consolidation phase and we are anticipating a huge sell move in the future but I will discuss that a bit later. for now were looking for a short sell in the consolidation zone of about 100 pips but we might exit inbetween so stay tuned OANDA:EURNZD
We have identified our MSR and just as we expected, we have found a sell signal at the MSR the signal is a H&S pattern and as you can see I posted this a few minutes late and the movement had already begun. so lets just push this one and bag a few pips.
FX:EURGBP as we can identify that EU is working hand in hand with EG and they are both at their pivot points as you can see from my last trade. but now we are focusing on EG and it has given us a double top pattern in preparation to fall to its death. we see there is an uptrend but we are not going to trade with retail traders and buy but we will simply follow...
our EU has exhausted itself by performing its 3 swipes to the upside and reached its pivot point at 1174 it bounced back down to 1094 and created a new high which was made by the manipulaters to trick retail traders into thinking a breakout has occurred and that an uptrend will soon begin but the market was just forming the second leg to our double top (M) and...
CJ is at its pivot point and has completed its 3 level push and has formed a W on our 15min chart after a level 3 consolidation