This Megaphone pattern is ready to break. Calls over 300 Puts under 280
✅A broken key structure level Reinforces our bullish bias on GBP_USD And I believe the price is set to move higher To retest the target above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
End of day update from us here at KOG: We wanted this to go a little lower before the bounce to the upside, however as you can see price reacted aggressively to the news and we went straight up into the KOG Report level we were expecting this week to be completed. It's a difficult market to trade and to be honest we're maintaining the defensive in Camelot so...
SILVER - BUY THE DIP? It could be time to just keep buying the dips on silver - follow your own trade plan! Decent pattern in play. TJ
GBPUSD H4 - Breakout seen on cable, we covered this in the weekly watchlist video at the start of the week on the Youtube channel, and mentioned we really want to see this break and retest play. Hoping to see a corrective test of 1.23 support for long entries over the next 12-18 hours
DXY H4 - Really started to make a dent downside and break that consolidation now. Fundamentally we are really starting to align with technicals which is great, another big day tomorrow. Keen to see what unfolds, fairly confident in the interest rate decision of 50bps. But Powel's PC no doubt will be interesting.
USDJPY - Can we head lower? We could head lower on USDJPY if dollars bears carry on, we did just have CPI print lower than expected. However with FOMC tomorrow, does powell even go more dovish - decent levels in USDJPY to play on short and long side. Enjoy TJ
Trying To Clear Triangle For Massive Bulish Wave Keep Eyes On that
After the last few weeks of NZDUSD's rally, we have reached important supply areas and there is a possibility of a dip in the current price.
whatever comes from this falling wedge, I don't expect DXY above 106 again this year... probably the wedge fails what I do expect is DXY to break down.. if not immediately following todays economic data (which might be difficult for the market to process) then for the FOMC meeting
Going to keep this simple. We have a touch on the bottom of the descending parallelly channel, a major horizontal support line, and the golden pocket. This is a very bullish setup for TSLA to bounce. Stops should be placed below golden pock with the right position size and risk management to protect your account incase the bears manage to push the price through...
#BTC - Possible breakdown of market structure Looks like a break in market structure here - with the crazy week ahead with announcements this is looking like it could be the start of a bigger collapse
GBPUSD D1 - Really want to see this upside break and retest before jumping into these longs. ***USD pairs are fast approaching some fairly significant daily resistance zones, lots of data out this week for both the GBP and USD. So this could really catalyse an upside break... We just have to wait and see what releases and what starts to unfold.
The US dollar is trying to form a base following its false break of the August low. Whilst it saw a daily close beneath the key level on Friday 2nd December, a bullish engulfing candle formed the following day. Furthermore, a higher low formed on Friday with a Spinning top Doji and held above the August low, and momentum is pointing higher today. So if this week’s...
DXY 2 scenerios for this coming week (very heavy with CPI and FOMC this week) 1) Looking for a continuation melt on the dollar index with a small bear flag on the hourly timeframe. With a break of structure I can see further downside on the dollar which would give rise in the equities market. 2) Looking at the dollar index to form a double top at 106.5 - 107...
Hello my Fellow TraderZ, It seems #BTC finally breaking the support of Trendline and currently under the EMA 55and 200 on Hourly. Currently, the most important levels to keep LONG or SHORT is $15600 & $17400 to get out of the range. I am assuming that this FOMC would be lenient and price could test the $15800 level before FOMC and could move higher later on....
KOG Report: In last week’s KOG Report we said we didn’t have much confidence in the bullish move from the week before and were expecting a move to the downside. We suggested caution as there was a pattern that suggested a potential break of 1755 so we gave the resistance levels above and illustrated the 1806-10 region to look for a reaction in price and possible...
GBPUSD is ahead of an important week of CPI meeting in Tuesday and FOMC on Wednesday. if inflation remains under control we can expect fed to slow down the rate hikes more likely 50 bps the coming week and 25 bps early next year which should trigger USD bears and that's what we expect as well based on the last CPI data. Otherwise if CPI is above expectations we...