The metal is inside a falling channel, we had two rejections already on the top of the trendline, the 13th Oct upside impulse is already invalidated and rejected resulting in a downside impulse. The oulook looks defintely down, but how to enter? Where to put stops? A 300 pip stop above the trendline may not be so attractive to most traders. We can predict two...
We were wrong on the earlier prediction about the pair breaking down, it went up, but now the price action in the 4hr very much paints a likely short term top and it's about time we had a correction down in this bull run which had not seen a major correction since it started several days ago. The daily is super bearish and price may retreat 100-350 pips before any...
The pair had a bull run earlier day and appears to have topped off, it has already broken down in the lower timeframes and the was lot of accumulation during the correction which means the move should have 200-300 pips within a session or two, the RR is good right now so shorting maybe a good idea depending on your risk factor. You loose around 60 pips if it's a...
The pair has broken out of the recent smaller corrective structure to the upside and we are now headed to a large supply zone which means it's highly like that the price will be rejected around 112-114 area resulting in a reversal whcih should see price dropping to the 110 area once again presenting us a better RR and case for shorts, short entries can happen...
The commodity has recently broken out of a channel down to the upside and after the impulse we appear to be forming an expanding triangle structure which would mean price is expected to hit the topside of the triangle soon presenting an intraday long opportunity, we will be observing what happens when price hits the top, I am expecting a rejection giving us a new...
The pair has touched 111.50-60 area as predicted in the earlier chart, now the price didn't reverse suddenly or spike up when this area was cleared which leads me to believe that the larger corrective structure is here to stay and we ain't getting any larger trends, well that don't mean we can't trade the pair, currently I could visualize a new channel taking...
The pair appears to have broken to the upside from the current corrective structure presenting us an opportunity to go long when the price retreats before the next move up begins, right now any dips look opportunities to go long, if this is the start of a new lag up or part of the larger corrective remains to be seen but we can target the July high's around 111.50...
The crypto is under a lot of pressure with respect to fundamentals and is forming a falling wedge, as of now there is no indication in price action that indicates this structure end with an impulse so it give us an opprtunity to enter short when price goes around the top of the structure, the risk/reward ration will be in our favor for this setup since stops can...
The pair is inside a large corrective structure since March and has given us plenty of trading opportunities within this range, currently it is forming a triangle which is converging indicating an impulse is getting ready and imminent, as we know triangle breakouts can be HUGE and this pair is no stranger to big moves, infact one of my favorites because of the...
The metal is forming a corrective structure following an impulse down and we can expect another impulse down anytime soon, risk takers can enter short right NOW since the price seems to be at the tops of the current structure, low risks can wait for confirmation of a break down out of the current structure which can happen this week possibly. Overall the metal is...
USDCAD has broken out of the recent corrective structure to the upside presenting us an opportunity to go long, heading to the week ahead we can expect a correction down before an impulse beigns to the upside so following the structure closely and entering long when it drops will give us a good opportunity to ride the next impulse which is expected to the upside.
The pair is going down as we have predicted in the earlier charts, it has currently broken down from the current corrective channel and is expected to continue to the downside, however one can expect a bit of correction to continue more to the sideways before the fall or fall may continue, either way it is once again a short opportunity right now. RR ratio is...
The pair is forming a channel and a breakout of this channel is looking imminent and will be followed by an impulse, possibly to the downside by judging from the previous price and patterns. Sell only after confirming the breakout with an eye on false breakouts. Buying is not looking safe right now in the short term.
The pair is consolidating in the 1 hr timeframe which means it is getting ready to take off, the daily price action is at the top of the current structure presenting us an opportunity to go short with an acceptable risk/reward ratio. If on high risk entry can be made now, otherwise wait for short confirmation using low timeframes in the upcoming US session....
The pair is in a corrective structure after a strong up trend and could now possibly turn or correct deeper presenting an opportunity to go short once it breaks the structure
The pair is breaking out of a triangle corrective structure and a confirmed break is a short term sell opportunity.
The cryptocurrency has broken out of the corrective structure to the upside, this move could take us to the $700 mark and is a possible opportunity to go long on the cryptocurrency.
The pair has turned back from around the top of the large weekly corrective structure and currently looks like it is breaking out of a smaller degree corrective structure to the downside giving us an opportunity to go short, this move down looks impulsive and should develop into a new down trend.