On the daily chart the price completed the ABCD Pattern in the support area. From here we look for opportunities for a bounce from support. Currently the price is still correcting and we can wait for the price to break this correction area before deciding to buy. we are also have a bullish divergent on MACD. If the price manages to get out of this correction...
Price currently retesting weekly resistance. And we can see on weekly candle, price create pinbar which indicate some rejection from this level. this can give us some reason to find sell setup. wait for some correction after price break trendline before jump into sell
With approximately 300pips move in our direction since my last publication on this pair (see link below for reference purposes); It appears we are at a juncture for a trading opportunity in the market as I suspect a risk of further decline for the Kiwi as Breakdown/Retest of Neckline which is also my Key level @ $0.71500 becomes imminent. The US Bureau of Labor...
The volatility of Bitcoin during the course of the weekend continued with a sudden drop to $33,500 which was immediately followed by a sharp recovery by a couple of thousand dollars. In the last 3 days; Swings at decisively overcoming the $40,000 (Neckline and Key level) barrier proved abortive as every attempt was met with a vigorous rejection dipping further...
We enjoyed a 150pips run in our last publication before the price began to find higher highs (see link below for reference purposes) which topped @ Y133.4ish during last week trading session. Even as the EURJPY appears Bullish on the long-term outlook, the break below Key level @ Y132.800 which also serves as the Neckline of the Double Top structure signals a risk...
After moving over 350pips in our direction since my last speculation on this pair (see link below for reference purposes); the breakdown of the Demand zone which has held price "Supported" in the last 70 days was finally broken to the downside giving rise to a "quick" counter-trend opportunity in the coming week(s). Tendency: Downtrend ( Bearish ) ...
Price has moved over 100pips in our direction since my last publication on this pair (see link below for reference purposes) and I am looking forward to a further dip to complete correction of the Breakout that happened on the 24th Feb 2021 to join the rally in the coming week(s). Following the Swiss National Bank (SNB) Chairman Thomas Jordan perspective that it...
So while on the stock app StockTwitz that trolls people for having ideas. Someone tagged CLSK on the NOK page. Looking at the weekly chart, I noticed Immediately the massive cup and handle. Unfortunately I caught the entry a little bit late but hey, I made an entry at $20.12 right above neckline $18.60. with a Stop Loss at $13.98 for hunters Now since this being...
The prospects for further downside in USD/CNH remain a dominant subject amongst market makers as China is rolling out a digital yuan that will make her the world's second-largest economy the first country to create its own digital currency; I see a Reversal setup building up with structural tendencies that might drive the Greenback to higher highs in the coming...
After looking forward to Bearish expectations during my last publication on this pair, the price moved against us as it broke through the Descending channel with possibilities that "screams" Bullish expectations in the nearest future(see link below for reference purposes). The majority of the speculators are looking to short the Pound despite UK data been mostly...
potential Head and Shoulders can identify on TRIT. if it broke neckline it can reach around $10.
We had a very good trading opportunity on our last trade on this pair as the price moved over 500pips in our direction since my last publication (see link below for reference purposes). Fr0.92300 has held price "Supported" five good times in the past hereby making this level a very viable Demand zone we can "trust". However, this same level has been a strong...
CAD appears to have gained some ground after a strong employment report last week which brings me to re-visit my existing stance on this pair. The price moved over 160pips in our direction since my last publication before meeting selling pressure @ CA$1.265000 followed by rejection at this same area during last week trading session to make a complete Reversal...
XAUUSD presents me with a set-up that looks very similar to my last publication on NZDUSD (see link below for reference purposes) as the Greenback appears to gradually lose its momentum amidst falling US Treasury bond yields. Gold appears to be on the verge of soaring high in the coming weeks as a complete reversal set-up is evolving. With recent events that...
Kiwi clung to early gains during the Friday trading session which is represented on the chart with a Bullish engulfing candle from the $0.70100 level and it does not appear it is ready to let go in the nearest future considering the obvious - we are in a long term Bullish perspective (see weekly chart below)! The Greenback has been on a pedestal from mid-February...
My last publication on this pair witnessed Price moving 90 and 100pips consecutively from our Buy windows before the crash (see link below for reference purposes). I remaining Bullish on this pair as we find ourselves in another trading opportunity arising from a simple Reversal set-up on the 4Hour chart. Tendency: Uptrend ( Bullish ) Structure: ...
The price moved against us since my last publication ( see link below for reference purposes) as CA$1.26000 level was unable to hold on the back of crude oil volatility. The Bearish run that has lasted exactly a year appears to be building a reversal pattern with my Key level @ CA$1.24900 representing a Neckline. With the present simple structure, it appears that...
In the previous week, price tried to make another upside movement. However, seller pressure reject it. We can try to catch another sell when price retesting grey area. or wait price to make corrective structure and sell on break