Hello analysts and traders, Here is a nice opportunity for buys which has happened this morning European session; What happened? well from the low to the high, take your fibonacci retracement tool and plot the 61.8% zone where we anticipated the buys. GBP still has bullish potential here to climb into 1.8XX The rejection happened nicely at 1.78 as expected. This...
Hello traders and analysts, Purple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour Here is an update to our original view back in December 2020 - for the start of 2021. Based on what merit? We have seen a nice impulse into the channel and a rejection upon reaching the trendline at $53.00 Good question, based on the fact - from a technical...
Key: Purple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour 4hour XRP The chart shows us: Maxed out upon a weekly level to year highs of 0.792* rejection upon a fractal . with a strong bullish movement, a potential correctional movement can take place in the run up to the holiday season in which we have seen a whipsaw effect taking...
Purple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour Hello Traders and Analysts, Based on what merit? We have seen a nice impulse into the channel and a rejection upon reaching the zone of $29.00. Good question, based on the fact - from a technical standpoint - the sell off back in February, March 2020 - reversed on a fractal point within...
Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. Please do not take this as face value. Key: Grey zone = 4hour orange = daily purple = weekly Blue = monthly pink = 1 hour imbalance Based on what merit? Good question, based on the fact - from a technical standpoint - the sell off begins with a new...
GBP AUD - 4hour chart Be ready for either direction on the lower timeframe. Technicals to assess. We have a nice technical sell of yesterday but with the AUD USD rebounding in a negative light, the GBP has entered the supply again with a boost from the risk-off aversion. From the chart below, watch out for the fresh daily zone which has not been truly tested...
Hello traders & analysts, Hello analysts and traders. Price touched the trendline on the 4hour chart. SPX500 needed to created a descending channel after the high to engineer some liquidity for continuation of long positions from the all time high not the risk off mode were related to profit taking in order to generate further longs . The buys are still on!...
Update to yesterdays BTC. Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. Please do not take this as face value. Key: Grey zone = 4hour orange = daily purple = weekly Blue = monthly Based on what merit? Good question, based on the fact - from a technical standpoint - the sell off begins with...
Hello traders and analysts, See our chart for a Brexit 'Yes' whereby, the fishing stumbling block seems to be the major mover for a 'Yes' before the new year or a 'No'. The USD will continue to see a deepening soft dollar, which is what the US want right now to keep pushing the stocks into 2021 with cheaper import/exports as a major player. Furthermore a cheaper...
Hello traders, We are seeing on the GBP JPY 4 hour chart an opportunity to go long with a good 4hour trendline which is being respected. Imbalance 4hr = grey 4hr = orange trendlines daily = purple trendline See the previous idea here and click play - it played out perfectly. See the bigger picture and further analysis below; Fundamentals at play....
Purple = weekly Blue = Monthly Orange = Daily Hello Traders and Analysts, The following analysis will be in depth to explain the out look of the Index and Based on what merit? Being a commodity based inflation hedge - the orange zone at $1800 - 1805, this zone has been a great opportunity for the Yellow metal to keep its continuation moving against the bears...
The aussie is having a good run while the dollar is showing signs of weakness. However the levels are lining up to the weekly supply zone - we will see if the aussie fakes out the buyers at the 0.672, however we have a minor zone which will need testing for another possible short. The long term effect of weekly swing S&D is our aim here. If you like our setup...
Yen is gaining strength across all pairs right now as hedge funds, banks look to be gearing up for some good strength. We saw a great retest of the supply zone as anticipated. This fell in line with our fibonacci retracement as shown on the chart. Next up we will look for further entries, only on impulse positions after corrections. Zoom into the 1 hour to get...
We have seen a great opportunity to short from the 61.8 fib retracement or between 50-61.8%. A good impulse to the downside has been shown, where after an impulse a correctional move is always followed. . Just awaiting the supply to pinpoint the short option. From here we will zoom in and look for the sign of rejection or liquidity spike. Target 114.2 2x...
Nasdaq short yet again from this range - this is respecting the levels so well. We are enjoying to analyse this right now Risk free trade and 50% closed, letting it run now to possibly hit 7100 with longer term 7000