TVC:DXY - Is in a critical area now almost completing an ABCD rally. Why its so critical is that if it fails in this area then it will likely drop down to the 102.00 area. In turn this will likely give the Indices that one last push higher to complete patterns. If it starts rallying through the 104 level then we will likely see a run to the bigger upside pattern...
FOREXCOM:SPX500 After this big run up from October last year we are getting close to some serious headwinds. The major ABCD Pattern comes in a little higher around the 5220 area where there are multiple smaller TF patterns completing. I will post them after to show target areas.
This ties in with the DXY completing an ABCD rally. If that turns lower then this...
COINBASE:BTCUSD has had a fairly decent run this year and looks like it will continue. The path seems to be filled with decent Pullbacks to scare a few people but overall looking like 100k will be the major target for now.
The multi year ABCD from the 2020 low gives us a target around the next major level of 80k. The question now is if this PB we had from...
COINBASE:ETHUSD is moving towards some major levels in time and price.
We have the equal time and price with the August 2022 high, April 2023 high giving us a potential high around the 17th of December.
There are double 1.27% Extension areas from those previous 2 highs around 2300.
The 382 from the ATH @ 2400 and if we break that then the 2600 level will be...
BLACKBULL:US30 is sitting at the top of the move with what is looking like one more move higher into 38k before we see a decent retracement.
In the smaller TFs there is a pattern setting up giving us potential upside targets.
I go into more details of these levels to watch in my group.
Once the high comes in we look at the retracement to see if its going to be...
TVC:DXY FOREXCOM:XAUUSD OANDA:EURUSD Are all setting up for the same move so we need to pay attention.
GOLD - after going through the ABCD down yesterday it now looks as though its going to be headed lower to complete the bigger ABCD down towards 1920 and the next day or 2 will give us the set up.
DXY - looks like it wants to push higher towards the...
EURJPY formed a head and shoulders pattern after a strong bullish impulse.
The violation of its neckline signifies the exhaustion of the market
and a highly probable initiation of a correctional movement.
I expect a retracement at least to 157.1
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OANDA:USDCAD Has hit a major Double ABCD/Gartley Buy Zone. With the DXY also getting close to a reversal area this could be one to watch.
There is also the 61.8% level from the September low.
A multi month pattern that lines up nicely.
Enjoy the week.
I will be back posting more content going forward.
OANDA:USDJPY is finally headed lower towards the 145.00-145.50 area where there are multiple patterns completing. From here we should see some type of rally and the way it moves will give us the clues for a bullish or Bearish continuation.
Def one to watch over the coming days.
NFPs tomorrow which will stir the $$ up either way.
Enjoy the day.
OANDA:GBPUSD Has extended higher into the 61.8% level @ 1.2720. Now with other USD pairs we look at the DXY to see if its going to hold these levels or break in which case we will see higher Indices, Gold & USD Pairs.
Big couple of days ahead. If it breaks these levels then the 78% & 1.2900 would be the next target..
With other straight line moves its best to...
OANDA:EURUSD After a spike low on Friday we now look for a correction before more downside.
If it doesn't bounce and breaks below 1.0840 then I will have to adjust to a new move, but for now this is the best looking scenario.
Once this smaller move completes that will give us the upside target where I will look to Sell.
An Intra-Day look but I will post the...
FOREXCOM:XAUUSD & FXOPEN:XAGUSD are at key Double Fib levels at the same time. We are also in a Change in Trend Window today and with a lot of things at extension levels and with Interest rates in the US coming out tonight its setting up for a volatile day.
I hope this helps.
Enjoy the day.
COINBASE:ETHUSD has started the next leg lower which im thinking could finish around 650-700. The 88.6% retracement from the ATH.
There are other possibilities with 1200 holding followed by another rally above 2k then lower from there but as it stands it looks as though it could follow the stockmarket down as well.
Looking for a retracement to sell short again...
SP:SPX Cash market has a few gaps still to fill.
Current rally from Friday which should follow through into Tuesday due to the market holiday tomorrow.
A high percentage of times after a holiday the market is bullish so thats why im looking for that move higher to complete the pattern.
If its going to fail then it will happen between 3850-3900. 50-78.6%...
COINBASE:ETHUSD has a critical turn point today.
Its in the 50-61.8% area giving us a Sell signal on the completed Gartley on the smaller TF.
There is also a bigger Gartley setting up around the 1400 area which would mean that the AI would fail at this point but then we look at the 12th of July for the turn.
I still believe we have another move lower towards...
BINANCE:SOLUSDT is having another rally so we need to get ready to sell again.
In the 43-45 area we have the ABCD Gartley completing.
The 61.8% level from the previous high on the 31st of May.
At 44.61 we have the 382 from the May 16 high.
Getting above these levels could see a bigger correction higher but as it stands we need to keep selling the pull backs....
BINANCE:BNBUSDT is looking stronger than a lot of other cryptos.
Today we might see a rally back to 308 area before more selling into the target gartley buy area at 277.
It could be a great buying op coming up.
Intraday AI has a high coming in @ 20:30 this evening.
One to watch at that time if we are around that 307 area.
Interesting day ahead. Enjoy the day.
FTX:SOLUSD Is moving nicely today. We had a nice spike low into the first CIT window today. Now looking for a move up into 14:30 this afternoon.
If for some reason it moves lower into this time then we can expect a reversal from there to the upside.
On the longer term for this if it holds the recent low at 40 then we have anupside target of 64 completing the...
