Strong Bearish Signal: The price demonstrated a huge drop supported by the large institutional volume and broke through the previous support level. Moreover, the large negative delta means that there is a significant sales imbalance in the market now. Volume Zones: It is necessary to point out the new support level 1.1658 - 1.1665, which contains the large...
Strong Bearish Signal: The price demonstrated a huge drop supported by large institutional volume and broke through the previous support level. Moreover, the movement was supported by the large negative delta, which shows the presence of the large sales imbalance. Volume Zones: It is necessary to point out the new support level 1874.70. The price is currently...
The price has taken itself to the daily strong resistance and due to the weakening of the buyer's power, it is expected that the price will enter this path in the next step of the downtrend and bring itself to the bottom of the descending channel and the range.
I expect a final push into the key level marked before we see any signs of a sell off. This is a good area to place a buy limit because it is an order block region and the SL is protected by the ascending trendline. Sentiment Data - 66% Long COT Data - 64% Long
The price has reached the bottom of the channel and if the selling power continues, it can fall to the lower range, but if the buyers gain power again, a black direction scenario is possible
My previous posting still stands, but I've 'zoomed' in to the 4hr chart to provide you more detail. This is most likely the end of a 'c' of 'b' of 2 . I'm telling you, there is WAYYYY too much bullish sentiment right now. Everyone thinks we are mooning which means a drop is incoming. Note the beautifully formed triangle in wave 'b.' if we were going...
Strong Bullish Signal: The pair showed a sharp growth and broke out the previous level of resistance. The move was on the large positive delta, hence, buyers are dominating the market now. Volume Zones: It is necessary to point out the new resistance level 1.1779 - 1.1786. The price is testing this mark at the moment. Sentiment: This indicator shows that...
Eurusd appears to be bullish. Entry can be made either now or can be set somewhere in the zone and the SL is shown. EU trended down for many years and I believe its above to be different for the next couple of years. If my count is correct we're in the beginning of wave 3 to the highest degree which means a lot of upside. Good luck and comment what you guys would...
The glimpse of optimism The market got back to the explicit state of the "certain uncertainty". You can see that the H&S pattern in DXY failed to push the USD higher. DXY couldn't even hold above the key 94.00 level for a considerable time. The sentiment shifted from risk aversion to some hints of optimism as S&P500 managed to recover from the correction and...
Want a second push into the order block to trigger my buy limit, then fingers crossed we can look for buying pressure. COT Data - 64% Long IG Client Sentiment - 64% Long
Strong Bearish Signal: The price demonstrated a huge and sharp fall supported by the large institutional volume, which means that there is a significant sales imbalance. Volume Zones: This formed a new level of resistance, which contains large market participants volume and was created during this move from 0.7098 - 0.7110. Sentiment: This indicator shows...
Strong Bearish Signal: The price had demonstrated a keen drop and tested the support level, but could not break it down. However, the price has already resumed falling and now is testing this mark once again. Volume Zones: We need to allocate the new support level 1.1734 - 1.1738, which contains the large volume. Consider Short Positions: Given all these...
I am extremely interested in buys on most XXXCAD pairs but USDCAD in particular. After analyzing the DXY I have a strong feeling that bullish pressure is imminent. I would like to see a pullback into the key area marked followed by significant rejection before I consider my buy position. We need to ensure we see signs of rejection because if we don't we could...
Strong Bearish Signal: The price corrected upwards after the test of the support level, however, the pair is still trading nigh this mark. Moreover, we have to allocate a strong local downtrend. Volume Zones: We need to point out the support level/local minimum 1.3106, which has already been tested by the price. Sentiment: This indicator shows that 81%...
We managed to pull off an amazing stunt last week with that lovely wick entry on GJ, we are now looking for more potential buying opportunities. I have marked out a zone in which I think price will tap into before continuing to the upside, you may want to consider setting some orders at that region if it fits your analysis. GBP is proving to be very tough to...
I and the team have entered a buy position on EURJPY with an upside target around the region of 125.45. We have a key demand level marked out that we are beginning to see signs of reaction from, lets see if the EUR can pick up its speed and get back to the dominating bullish trend it was once on. COT Data - 61% Short IG Client Sentiment - 38% Long
Several people will be seeing wick rejections and start thinking this is it, lets buy immediately. The market knows better and will most likely come down to grab liquidity before moving off into our desired direction. I have marked a potential area of interest where you can look to buy, if we get a buy setup at all in these mad markets! Definitely a good pair to...