Ochlokrat

Ochlokrat

Reasons why we are bullish on EURUSD: Weakness of the Dollar Index (DXY) current weakness of the Euro is due to political uncertainties Extensive clarity regarding the ECB's interest rate path bullish price action and stabilization of the EURUSD price in a bullish order block

Ochlokrat Updated 

Reasons why we are bullish on Silver: Stabilization tendencies clearly visible First signs of an upward impulse Strong buying interest on the options side at USD 29, clear selling interest at USD 29.75 Overarching upward trend intact

Ochlokrat Updated 

Reasons why we are bullish on AUDUSD: the Dollar Index (DXY) is showing weakness AUDUSD recovered precisely from the top of a bullish order block the VOLD shows a clear bullish divergence

Ochlokrat

Reasons why we are bullish for Amazon: stable fundamentals that point to constant growth healthy macroeconomic environment with falling inflation clear stabilization of the share price within a bullish order block with bullish price action strong performance of the US indices, especially the NASDAQ

Ochlokrat

Reasons why we are bullish for the German DAX: the sell-off is politically driven. Political stock markets are known to have short legs the global market environment is clearly bullish various technical indicators show clear bullish divergences the DAX is showing clearer signs of bottoming out in the 18,000 point range

Ochlokrat Updated 

Reasons why we are short in silver: every new high is sold immediately massive hidden bearish divergences in the smaller timeframes, which build up again after every interim recovery and immediately lead to new sales extremely bullish put-call sentiment no relevance of macro data that should actually generate buying interest (= proof of enormous and not...

Ochlokrat Updated 

The price of silver has significantly retreated from its highs. On larger timeframes, strong hidden bullish divergences are currently visible. Additionally, the price of silver is in an important support area formed by volume. Slightly below are the 0.5% and 0.618% retracements of the upward movement since the beginning of May 2024. In this context, we find it...

Ochlokrat Updated 

We see a massive hidden bullish divergence in the Cumulative Volume Delta for GME. This means that short sellers have tried to push the price down by all means, but were unable to break below the previous low. The logical consequence of this situation is an expected short squeeze. Experience shows that the more pronounced the divergence, the stronger the short squeeze.

Ochlokrat Updated 

For these reasons, we are bearish on EURAUD: the market has taken out a significant buyside liquidity there is a massive bearish divergence in the CumulativeVolumeDelta

Ochlokrat Updated 

For these reasons, we are bullish on WTI: - large, open intraday gap. These gaps never stay open for long - Signs of stabilization or a correction attempt

Ochlokrat Updated 

Reasons why we are bullish for EURCHF: in the target area there is a large offset between the closing and opening price of an M5 candle. The markets usually work through these zones. on June 6, 2024, the market recovered at the 0.786% retracement, consolidating the recovery that had begun in recent days. At the same time, the retracement was exactly on a...

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For these reasons, we are bullish on USDJPY: the VolumeProfile shows massive buying interest the CumulativeVolumeDelta shows hidden bullish divergences in the smaller time frames instead of pointing to an end of the major trend the latest US economic data indicate a robust economy and no rapid interest rate cuts

Ochlokrat Updated 

Reasons to go long in GBPAUD: - Price found support at an order block that also coincides with the 50% retracement of the upward movement since the beginning of the week - clearly bullish reaction to the support level - Price target derived from EW theory harmonizes with an order block that also forms a resistance zone

Ochlokrat Updated 

Reasons why we are bullish for Gamestop: the opening candle of May 14 looks very, very sick. The market won't let a candle like that stand. Never. the VolumeProfile shows very strong buying interest the CumulativeVolumeDelta is stable and shows no bearish divergences

Ochlokrat Updated 

Reasons why we are bearish on GBPCAD: the target zone is a chart area consisting of two green candles that are offset from each other without a lower shadow. The markets usually work through these unnatural zones. the traders are NetShort on June 5, 2024 There are two sellside liquidities below the target zone. These zones act like magnets. we can set a...

Ochlokrat Updated 

The whole world is waiting for NVIDIA's new quarterly figures, which the company will release this evening. Analysts have already announced new price targets on the upside: there is talk of $1,200, even $1,500. Is this realistic? Yes, both from a technical and a fundamental perspective. The AI boom is just gaining momentum and is unlikely to turn out to be a...

Ochlokrat

Reasons why we are bullish on Ocugen: Price found support in an order block; turning area confluent with the 50% retracement of the upward move between April 25, 2024 and May 16, 2024 Price was just able to overcome bearish order block to the upside

Ochlokrat

For these reasons, we are bearish on USDCAD ahead of the Bank of Canada meeting: - Dollar index is in a downtrend - USDCAD is at the high of the value area of the move between late December 2023 and mid-April 2024, while the current candles show weakness - Hidden bearish divergence in the CumulativeVolumeDelta