CADJPY POTENTIAL SHORT
*The weekly chart last week displayed very strong seller power resulting in a large push to the downside by sellers
*The weekly had bearish engulfing candle with lower low lower close
*Strong seller momentum for one week
*The daily chart is sitting at recent significant structure
*Based on the weekly timeframe (big ...
AUDUSD POTENTIAL SHORT
*Aussie had been holding at the .73600-.73300 handle for weeks/months now
*The daily chart shows that the pair had a strong breach/breakout to the downside of trend
*Good momentum on the sellers side
*Watch price to make sure they hold it beneath structure (to confirm its not fakeout)
*Watch this chart to watch price ...
I bet no one out here did not see that huge sell-off on friday.
Congrats to all of you who participated or is swinging this asset.
We just see a huge momentum without any resistance in the way but some profit-safes that day shown by the doji of the last D1-Candle.
What will happen? We don`t know, but I guess we can assume that nobody is ...
BTCUSD POTENTIAL LONG
* price is sitting at a recent significant structure level
*buyer seems to be showing slight interest already at this level
*Price shows large green(buyer) candle to the upside at this level of structure
*Price ended with a higher high higher close on 4H candle WITH momentum
*Price had LARGE buyer push to ...
*Last attempt for buyers to come in\
*Lower Low lower close on 1W time frame going into this last week
*Breach and break of buyer trend line on the daily timeframe
*Entry based on lower close of candle
Stop Loss: 147.500
Take Profit: 140.00
Always make sure to ...
*Sellers trend with breach of structure
*New low formed (characteristic of seller trend)
*Sellers breach the low making a new low
*Re-test into recent significant structure at 129.300-129.400
*Strong V-formation on 4H chart by the seller (showing their interest)
*Final re-test was weaker than the 100% ...
Ok we habe bullish divergence until nirvana on all oscillators, 1D stoch RSi (not in the chart) still close to zero. I think we will get up until about 6750ish and retest the cloud. There is also a high liquidity zone. Chances are we get hammered down there and see some more downside. A close inside the cloud would be a good sign and maybe this was just temporary ...
USDCAD POTENTIAL LONG
*Daily timeframe chart is in a strong uptrend, if you look left to price 1.29600 you can see the interest and strength of the buyer that caused the market to rise 400 standard pips (heavy volume move)
*1D candle is going to be a higher high higher close (bullish engulfing) above previous day candle
*4 hour chart is ...
GBPJPY SHORT IDEA:
*Based on the weekly chart it clearly displays the rejection to the upside created by buyers and how the sellers had brought price back down and ended the week with a lower low lower close.
*The Flow has changed from buyers trend to sellers as you can see the market started to create lower highs and lower lows which identifies it as ...
Detsche bank looks that the worst times are over. Bulls are getting stronger and downtrend can be possibly at the end.
Actualy, the price is in bullish channel and the price is on the support. In my opinion this is good setup and tradable. CCI looks that is turning over.
Ethereum's price action looks to be bottoming out at a psychological support of $430. Heiken ashi is showing a possible trend reversal in the next few hours. While from our oscillators we have a divergence from MACD and a much stronger one from RSI. Bollinger Bands are also showing a weakening trend by price consistently failing to hit lower band. We very well ...
Quick Update Guys,
All the relevant information is as usual on the chart. Too busy trading and charting today to write an essay, yesterdays chart contained some valuable knowledge but it seems people on here are only interested in Super biased Charts. This is mine. It follows on from linked Article if you missed it, check it out it explains the buy ...
Calling timeout on the road to new highs. Main trend is still in place, but slowed momentum and calendar indicate need for a pause.
Regarding the calendar, heavy schedule of Fed issuance and maturities are at hand beginning Monday 7/23/18. How it all nets out to balance flow(s) and QT objectives will be interesting to watch. We'll know more when it is over ...
Here we take a quick look at Gold and, unfortunately, it did not bounce as expected. We have also broken beneath the uptrend line so therefore, it is bearish. However, momentum is still bullish which means when it does take-off, well then, it's going to the moon. But for the time being, gold is near landing zone and would be interesting to see it touch and go.