theboyCODY

theboyCODY

Firstly we can see structure is showing a beautiful DOUBLE BOTTOM, secondly the candlestick are saying something we can see a hammer that indicates reversals in the markets.

theboyCODY

Structure is forming a HEAD AND SHOULDER like pattern on the D1. I believe this is a high probability setup for those SHORT positions since previously price retested around 1800.000 and currently it created a wick rejection around that area which builds more confidence for me to take this trade.

theboyCODY

Price clearly the LEVEL OF INTEREST which in this case was my Resistance area

theboyCODY

The BULLS have been in charge of the market for quite some time and at CURRENT MARKET PRICE I'm expecting the BEARS to take over as the market heads into the RESISTANCE AREA " LEVEL OF INTEREST ". POTENTIAL SHORTS ON THIS SETUP!

theboyCODY

The market printed out a beautiful Bullish channel over the past weeks and we can see every time price touches the resisting trendline it seems to respect the trendline. Currently the market is heading for a possible 4th touch on the resisting trendline and the level I found mostly interesting to take the short positions is around 126.000

theboyCODY

The market has clearly shown its bullish momentum this week and currently price is at a correction phase to gain more momentum to the upside. Price retested 15420.00 ( previous Resistance) creating a new Support level, another touch on that level will be our ENTRY and looking to take profits around 15900.00

theboyCODY

Price clearly broke the level 35000 and I'm expecting to catch Retest Entries around 35000.

theboyCODY

Price broke out of the descending channel and I'm expecting a little pushback before taking my Buy positions. This is a potential Breakout-Retest setup and looking for a continuation to the upside. TP around 15500

theboyCODY

The market broke out of the ascending channel and gave us impulses to the down side. We are looking for a continuation to the downside with RR 1:7

theboyCODY

With Non-farm Payrolls ahead this week we can see the Dollar potentially gaining some strength.

theboyCODY

The market respected the 3rd touch on the resistance area of the consolidation now we wait for a break and then a retest on the Support area for us to add more positions to the downside

theboyCODY

Price broke out of the ascending channel and gave us a retest on our trendline giving us more confirmation that the market is ready to go short. Currently the market is in a consolidation/ranging phase which I believe will give us enough momentum to continue to the downside. A 3rd touch on our resisting trendline will give us our entry (candlestick patterns are...

theboyCODY

As anticipated the market continued to the upside after gaining momentum

theboyCODY

The market made is clear that the BULLS are now in control of the market. Yesterday the market printed massive Impulse moves to the upside and currently the market is consolidating to gain more momentum to the upside. We are expecting the market to complete the IMPULSE-CORRECTION-IMPULSE setup and looking to TAKE PROFITS around 35000

theboyCODY

The market is currently in a BEARISH MOMENTUM and not yet ready for us to take those LONG POSITIONS. The market printed out a very beautiful SUPPORT ZONE around 33200 if price reaches that level look out for rejections ( I recommend Hourly chart ) and execute LONG POSITIONS our target will be 34800

theboyCODY

The market is currently in a BEARISH MOMENTUM and not yet ready for us to take those LONG POSITIONS. The market printed out a very beautiful SUPPORT ZONE around 33200 if price reaches that level look out for rejections ( I recommend Hourly chart ) and execute LONG POSITIONS our target will be 34800

theboyCODY

Price gained momentum and broke out of the consolidation. HOLD ONTO THOSE PROFITS UNITL 1740.000

theboyCODY

The uptrending market failed to break above the resistance level and we can see that the BEARS took over the market and the first leg " Impulse" was created, now the market is currently in a consolidation phase (TO GAIN MOMENTUM) we will be looking for SHORT/SELL opportunities the second leg "Impulse" and TAKE PROFITS @ 1740.0000