Multiply test over 4H support and Breakdown now is Resistance whichone we will retest and this exactly is time to open Short possition targeting last lows which we seen already.
FOMO doesn't see inflation as a problem right now as CPI is steadily increases. The Feds will tighten policies with the help of Job Biden new appointees. This will cause the US stock market to fall further. A hawkish projected FOMO will cause a major bullish move for DXY-If interest are actually raise tomorrow- Powell has hinted this in the past. An immediate...
So, as of now it looks as though we are just about touching the 200 MA. And RSI is till oversold! It's looking very good for bears in the grand scheme of things. Wonderful time to load up your low leverage shorts! (Not Financial Advice). We will have great support at the 8500 level when we do come down. And even greater support at the 8100 level. Nothing to fear...
after checking for the cypher pattern was invalid
will take this extension trade as per the targets showing
the pattern was invalid as only the wig touched the 127 extension
closed the trade now still profitable however
started a selling position as per the chart showing
happy pips hunting everyone
Currently watching Bloomberg thinking every big guy & media is covering up the fact that the markets have turned and we are in for a rollercoaster ride.
Everyone seems to be just looking for a catalyst, an excuse, in an attempt to protect their own interests, when the charts say it much better.
I believe gold and silver is headed much higher in the next 2-3...
No sooner can I click the button to close 70% of my LONGS from the bull bat positions than the market goes nuclear!!! Aaaarrrrggghhhh! If I had just waited another few minutes.....oh, well. Can't complain about making profits though.
So this pair has now hit both the TP1 and the TP2 of this bullish bat that was completed. It seems that the .707 retrace within...
