So the view of this downside move is based on USDJPY analysis which we talked about how the interest rate differential, Similar pattern behavior of USDJPY as the government sell bonds to buy back their currency yen!! so we are looking at the same theory at play This is the video I talked about USDJPY similar pattern So we could see price retrace to 61.8% fib...
Based on the weekend analysis on eurusd we talked about the dollar strengthening,and now we see multiple rejection on H4 & H1 Timeframe (sort of triple top formation) So we have nice confluence with trendline plus the break of the neckline of triple top. so we still need price to be below the daily head and shoulder pattern. around 1.07400 level. This was...
I have analyzed why USD/JPY is repeating a similar pattern from 2022, and it's likely that we could see the same reaction. Please watch the video and share your thoughts. Follow for more breakdown!!
Hello everyone, as title says, today I would like to speak about the S&P500 and its market valuation in the current economic environment. Since I prefer to study and analyze markets on higher time frames rather than day-to-day, this Case Study is based on quarter outlook (3M chart), to capture most of the available information using metrics that have...
Medium-term analysis of COINBASE:BTCUSD indicates that the price is poised to surge towards new all-time highs, with a probability of 65.28%! Let's get into the underlying reasons for this: 1. The current status on the "1D" timeframe is "Active," indicating that the price has already reached and touched the 50% equilibrium level on the current timeframe. 2....
Based on what i was looking on usdjpy , I saw all the yen pair retracing as we reference UJ as a liquidity pair that set the direction of other pairs of yen. so we got into yen as explained on the weekend. hope everyone enjoyed the breakdown!! Thank you . please follow for more forex analysis
Just checked BTC and ETH again and escpecially ETH is playing out like wanted. The strenght over the last days was nothing not to note but we said it in our last report, we need to flip 64,2k on BTC and 3200$ on ETH to remain bullish in the long term. On BTC we are back to exactly 64,2k where we rejected multiple times now throughout the last weeks and on ETH we...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #FRONTUSDT THE Pennant Pattern Breakout Has Already Done Waiting for Retest ✅ So,I Expect a Bullish Move of 180% In Coming Days 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH ...
so i know a lot of you was scared based on the NFP data that came out and we experience a fakeout. But I am still holding on my thesis that we could see Gold retrace lower as explained in this post Video explanation Follow me for more breakdown
I will look all the yen pair based on my analysis on usdjpy. As USD/JPY has higher interest differential compared to eur/jpy ,so it would follow similar pattern. this is the usd/jpy analysis So I think there is an opportunity to get into the countertrend setup to the level of resistance before we analyze for short!! Follow me for another Setup
All that I talked about last week is on the links below you can now have a broader perspective on a weekly to weekly basis on how I view the market NOTE: always manage your risk. Take it slow don't rush! Thank you and Please Follow
Based on the market structure we see price broke the daily consolidation and now price is retracing to the neckline zone which come in confluence with the trendline of the lower highs So I think its a very nice calculated risk with multiple confluence of trendline in H4 and fib level plus the neckline of the consolidation STOP LOSS IS ABOVE THE POC LEVEL OF ...
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Based on previous post i talked about how eurusd has broken. the head and shoulder neckline and price is now retresting the neckline has resistance, still the interest rate is neutral which mean dollar will gain liquidity cause of the interest rate differential so we see price respecting the 31.8% fib level which is also in confluence with the POC level of...
So this are my 2020 analysis on gold hope you also watch them it will help you understand my perspective on the market!! 2020 chart analysis More pattern repeating
Hi Traders, Looking on a GBPUSD we can see price respects our monthly IRL, then shoots down leaving an imbalance on our daily time frame, as it takes out our ERL and giving us a clear MSS, so we will look for entry properties on our H1 time frame on the daily FVG/IRL. Best Of Luck CharlesFX
The specified currency must first return to the origin of the movement. To be able to reach the top The market maker must first collect the currency and exit his sell orders in the specified area in order to be able to achieve high liquidity.
Analysis on USDT.D chart (1H) suggests that a falling wedge pattern is being formed(other confluences such as divergence also hint at this pattern). if confirmed (breakout from above the pattern), market can dump for a day or two. Remember that a rise in USDT.D means a dump in the BTC and the crypto market. if the pattern fails, the current pump in coins shall...