NZDUSD POTENTIAL SHORT OKAY SO I WAS WATCHING THIS PAIR AND ON THE 4H TIMEFRAME IT IS SHOWING ME A GOOD POSSIBLE SHORT OPPORTUNITY. IF YOU TAKE A LOOK AT THIS CHART YOU CAN SEE RECENTLY PRICE ACTION MADE A DOUBLE TOP; MEANING THAT PRICE FAILED TO BREAK NEW HIGHS AND ACTUALLY FELL TO THE DOWNSIDE AND BROKE RECENT STRUCTURE WITH STRONG SELLER MOMENTUM. THIS HAD...
OK SO THIS IS A LONGER OUTLOOK ON THIS PAIR BUT WANTED TO MAKE THIS POST BECAUSE THIS IS WHAT THE MARKET HAD BEEN SHOWING ME. IF YOU TAKE A LOOK AT THE LEFT SIDE OF THIS DATA CHART IT SHOWS THAT THERE WAS A STRONG SELLER PUSH TO THE DOWNSIDE FROM MAY, 2017 TO SEPTEMBER, 2017. THIS WAS A LONG DOWNWARD PUSH AND IT CONTAINED GOOD SELLER MOMENTUM AND STRENGTH. IF YOU...
IF YOU LOOK AT USDCHF YOU CAN SEE THAT THE MOMENTUM HAS BEEN ON THE SELLER SIDE AND THIS PAIR HAS BEEN ON THE MOVE TO THE DOWNSIDE. I HAD MADE A POST LAST WEEK SHOWING THE SIGNIFICANT STRUCTURE LEVELS I THINK THIS PAIR COULD POTENTIALLY VISIT. IT HAS ALREADY HIT 2 OF THOSE LEVELS AND BASED ON MOMENTUM IS LOOKING LIKE IT STILL HAS A WAYS TO GO. KEEP AN EYE ON THIS...
LONG TERM PERSPECTIVE ON USDCHF I HAVE DONE A FEW POSTS ON THIS PAIR AND BASED ON RECENT SELLER ACTIVITY IT IS STARTING TO SHOW A REACTION FROM MAJOR MULTI-MONTH STRUCTURE/RESISTANCE. BASED UPON PREVIOUS HISTORY AND CONTINUED SELLER INTEREST THIS IS A PERSPECTIVE ON A POTENTIAL SETUP FOR THE PAIR. KEEP AN EYE OUT AND LOOK FOR CONTINUED SELLER INTEREST AND...
CRUDE OIL POTENTIAL SHORT OKAY SO I HAVE BEEN WATCHING CRUDE OIL FOR SOME TIME NOW WATCHING TO SEE HOW PRICE WOULD REACT AFTER A VERY STRONG SELLER PUSH AND OBSTRUCTION OF STRUCTURE ON DAILY TIMEFRAME. AFTER LETTING THE BUYER MARKET CREATE SOME BREATHING ROOM, AS WELL AS A BETTER RATE FOR SELLERS TO SELL FROM IT IS STARTING TO DISPLAY INTEREST ON THE SELLER SIDE....
USDCHF POTENTIAL SHORT OKAY SO I'M GOING TO KEEP THIS POST REAL SIMPLE. SELLER POWER STARTING TO DISPLAY ON 4H AND DAILY TIMEFRAME. AT A VERY SIGNIFICANT WEEKLY STRUCTURE RESISTANCE. LOOKING FOR A WEAK BUYER PULLBACK INTO STRUCTURE AND SELLER INTEREST TO COME BACK IN. ENJOY! PLEASE LIKE AND FOLLOW MY PAGE FOR MORE PROFITABLE SETUPS! P.S. GJ SETUP STILL...
GBPJPY POTENTIAL SHORT OKAY LETS TAKE A LOOK AT GBPJPY.JUST WANT TO LET YOU KNOW THIS CHART IS A LITTLE BIT MORE DETAILED THAN THE POSTINGS I USUALLY DO. I FELT THAT ALL OF THE ANALYSIS AND TOOLS USED WERE TO APPROPRIATELY ANALYZE THE HIGHEST PROBABLE MOVE IN THIS PAIR. AFTER LOOKING AT THIS CURRENCY PAIR AND THIS LAST WEEK OF PRICE ACTION, THE MARKET HAS BEEN...
EURJPY POTENTIAL SHORT IF YOU LOOK AT THIS CURRENCY PAIR YOU CAN SEE THAT ON THE LEFT HAND SIDE OF THE 4H CHART THE DATA IS DISPLAYING VERY STRONG SELLER MOMENTUM OCCURRING. WHEN YOU APPLY THAT TO RECENT DATA MOVEMENT YOU CAN SEE THAT THERE WAS A STRONG SELLER PUSH TO THE DOWNSIDE LAST WEEK ON THE 4H CHART AS WELL AS A BREAK OF RECENT STRUCTURE. THIS IS SHOWING...
D1 Timeframe - 1.Reversal Pattern being created ( Diamond Tops) 2. 50% Fibonacci level tested, showing some resistance, nice to the bears 3. Impulsive wave getting finished , some correction to start? H4 Timeframe - 1. Sellers are showing some good strong 2. Level 50 from Moving Average was...
SO I HAVE BEEN WATCHING USDJPY AND BASED ON WHAT THE MARKET HAD BEEN SHOWING ME PRICE HAS RETRACED A LITTLE DEEPER THAN I HAD ANTICIPATED. (BY THE WAY THATS WHY IT IS AWESOME TO LET THE MARKET SHOW YOU WHAT IT WANTS TO DO RATHER THAN YOU TRYING TO TELL THE MARKET ITS A BUY OR SELL MARKET! NEWS FLASH: WE HAVE ABSOLUTELY NO INFLUENCE IN THE MARKET! ITS TRILLIONS OF...
NZDUSD POTENTIAL SHORT IF YOU TAKE A LOOK AT THIS CHART YOU CAN SEE ON THE DAILY TIMEFRAME THAT THE KIWI HAD A VERY STRONG REJECTION OF STRUCTURE SHOWING STRONG SELLER MOMENTUM AND INTEREST. I ALWAYS LET THE MARKET SHOW ME CLEAR SIGNS OF WHAT IT WANTS TO DO. THIS CHART IS DISPLAYING THAT THERE IS A DECENT PROBABILITY OF GOING TO THE DOWN SIDE. NOW THERE IS AN...
USOIL HAD A VERY SIGNIFICANT DROP IN PRICE IN THIS COMMODITY STARTING IN OCTOBER OF 2018. AS YOU CAN SEE OIL PRICES HAVE BEEN TRYING TO RECOVER BUT HAS BEEN A VERY WEAK ATTEMPT BY THE BUYERS. KEEP AN EYE ON THIS PAIR TO SEE IF THE SELLER MOMENTUM COMES BACK IN, PARTICULARLY AROUND THE 50-60% REST LEVELS. KEEP AN EYE OUT! REMEMBER TO ALWAYS USE PROPER RISK IN...
USDJPY SHORT AS YOU CAN SEE ON THIS CHART I MORE SPECIFICALLY PAINT OUT A PICTURE THAT THE MARKET IS SHOWING ME ITS STARTING TO FORM. YOU CAN SEE THAT THE BIG PICTURE IS A SELLER THAT CAUSED A VERY SIGNIFICANT DROP IN PRICE FOR MONTHS. PRICE HAS BEEN RECOVERING IN A PULLBACK LONGER THAN IT TOOK TO DROP! MARKET HAD DISPLAYED A PEAK IN THE PULLBACK BY BUYERS DYING...
Lets bring price back to the equilibrium
IM NOT GOING TO PUT A FULL ANALYSIS ON THIS PAIR DUE TO THE FACT IT IS JUST SOMETHING I AM LOOKING AT AND JUST WANTED TO SHARE IT WITH THE COMMUNITY. BASED ON RECENT PORICE ACTION AS YOU CAN SEE THERE WAS A STRONG SELLER PUSH ON THE LEFT HAND SIDE OF THE SCREEN BACK FROM DEC. 2018 TO JANUARY OF 2019. THERE WAS A PULLBACK BY THE BUYERS FROM THE LOOKS OF IT WAS A...
EURCHF POTENTIAL SHORT IF YOU TAKE A LOOK AT EURCHF YOU WILL SEE THAT ON THE LEFT HAND SIDE OF THE SCREEN YOU WILL SEE THE VERY DOMINANT SELLER PUSH TO THE DOWNSIDE BACK IN JANUARY OF 2015. SINCE THEN, THE BUYERS HAVE BEEN TRYING TO RECOVER THE PRICE OF THE EURO VS. THE CHF. IF YOU COMPARE HOW MANY BUYER ATTEMPTS IT HAS TAKEN TO TRY AND RECOVER THAT DROP IT...
Appears to be a build up of Sellers at around the 15.50 area, watching out for any strength in the USD could take price down further to a support line at around the 13.90 area and to a price squeeze. With the stock market potentially heading south, silver could be heading that way also as money is attracted to Gold.
BTCUSD has two scenarios. Breaking two trendlines would push price to 6000$ (maybe higher), but breaking demand level would reach 2000$. Wait for either scenarios to happen and then make the trading decision. Best of luck, Feel free to follow me for more ideas