For the month of NOVEMBER the market has shown clear direction of the Dollar (Bearish). The LOWS created during Q3 (SEP & OCT) were taken out during the month of NOV. Will the last Quarter of the year continue Bearish or the market will reverse to the upside (Bullish)?
Price has formed Ascending Structure and currently has broken out of the pattern, could be preparing for more momentum to the downside.
Since Q2 started the market has created a beautiful ASCENDING STRUCTURE and price just created a NL around 1.290000 clearly breaking out of our structure which SIGNALS more BEARISH move incoming
The Dollar index has been bullish for the whole of Q1 (2022), what does that mean? The dollar is getting weaker. Price failed to break above 104.000 which acted as a resistance since Jan 2017 and on the current monthly candlestick of April 2022 price still didn't break/close above that area. Should we started preparing the SELLERS or we continue with the BUYERS?
Nasdaq100 +8000 pips in my anticipated direction. The market has failed a couple of times to break the resistance around 14300.00 thereafter the market started creating strong BEARISH momentum...BEARS IN CONTROL!!
Price failed to break below the Support around 1.74000 and then created a reversal candlestick pattern on the weekly TF, I'll be looking for more Long opportunities. First targets around 1.81000
On my previous idea I anticipated that price will create a retest on the Resistance to create a new Support. Seems like the Dollar is getting weaker.
Structure is showing a beautiful LONG continuation pattern, price broke the resistance around @99.350 and seems to be taking a retest around the broken resistance before we continue the BULLISH Momentum
The previous week price pushed up until around 15200.00 which before was a SUPPLY ZONE and the market created a new indication that price will go SHORT because a DOUBLE TOP pattern was presented on the chart and we started seeing BEARS step in and be in control of the market. I'm anticipating more BEARISH movement as price looks like its building more momentum to...
Price clearly broke out of the ascending channel Now waiting for a RETEST and clear reversal signs before taking my short positions
Price has been failing to break the support around 1790.000 and finally we have the Bullish momentum
Price has been failing to break below the support around 1790.000, with NFP ahead I think the Bulls will take over the charts and I'm expecting the DOLLAR to gain strength.
The market is currently around 15600 where price has been experiencing a strong support for the past weeks.
Price has been Bullish quite some time ever since it found the DEMAND ZONE and currently price is facing the SUPPLY ZONE. Patently waiting for price to give a clear indication of a reversal then I can execute my short position.
Price failed to break the SUPPORT TRENDLINE therefore we are currently having a 3rd touch on our trendline and the previous Daily candlestick created a DOJI which to my understanding of price action it indicates a REVERSAL in the market or low momentum. Market structure is showing me a broadening wedge triangle.
The Bears have been in charge of the market and I believe price is currently in a correction phase in order to gain more momentum to the downside. Looking for a Double Top structure as my confirmation before I can execute my positions.
A 3rd touch is expected on the Support trendline for our BUYERS to step in
The Bears have been in control of the market for the past few days and current market we can see the Bulls are stepping in I BELIEVE it could be a retest since structure is showing me H & S