Price is overall bullish after a consolidated range took place. It was a slow takeoff, but it looks like we'll be continuing in that direction unless it's rejected by the daily SR level at 1.47155. BULL TPS: • 1.46843 • 1.47155 • 1.47563 • 1.47935 BEAR TPS: • 1.46329 • 1.46056 • 1.46789 • 1.45340
Loving this trend in AUD/JPY both on the Daily & Weekly. Currently, we've seen the weekly pullback to a dynamic resistance (moving averages) where it's then proceeded to print a Doji rejection bar right on the 50% Fib level with a follow-through of last weeks bearish close. On top of that, we've seen the stochastic come to an overbought level on the weekly and...
The consolidation was a pain, but now it looks like at a potential double bottom is forming after the drop. Wanna see how far we'll go up if that's the direction as a continuation, or if we'll get to the trendline below and break/support it. BULL TPS: • 0.90242 • 0.90955 • 0.91256 BEAR TPS: • 0.89641 • 0.89467 • 0.89025
We are currently near two key levels: a daily and a weekly underneath. Waiting to see if price will breakthrough daily SR level and head to the weekly. What it does at the weekly if it can get there, will determine if we will have a strong bullish or bearish move. Here are the TPs for now: BEAR TPS: • 1460.33 • 1455.75 • 1442.25 • 1438.31 • More TPs if...
Some good moves happened with CADJPY, so going over this a little more. Right now, we wanna see if this bullish harmonic will remain respected all the way to the monthly at least. Or, now that price has gotten to the mid-level of the harmonic, will it turnaround and continue to the trendline where a daily level resides. As you can see, a trendline sits there...
Proving to look like a nice trade. We've seen price close above the Daily 200 EMA and slowly form an ascending triangle which is usually a bullish move in the market. Currently waiting for a Daily candle to close above the triangle resistance to look for a long position
Really liking the AUD/CAD to the downside next week. Looking for a break lower from the weekly inside bar (Chart explains all my analysis)
BIG MOVE COMING! We have a several day consolidation sitting on a monthly SR with GJ. This move is gonna be JUICY JUICY JUICY when it takes off. I'm not looking for the pull rally to stop this month. If we see a downtrend, it will only be a pullback for a few days before the big impulse move back up. I'm patient with this one. GJ has been fun since...
Gold will still be a tricky little sucker this week. With a large bullish doji made last week, it could signal a strong bullish move happening this week for gold. Want to see if gold will do a temporary pullback then shoot straight up to my monthly SR to see can it breakthrough. But, as you notice with my analysis, I'm thinking a rejection is likely once it...
Well, this pair was an interesting one. It kept going up and didn't stop until it all the BULL TPs last week. So I am looking for a bit of a retracement some more and then another try at the monthly SR level to see if it can breakthrough. BULL TPS: Starting from 0.90314 • 0.90531 • 0.90950 • 0.91285 • 0.91494 • 0.92004 BEAR TPS: From the current...
We are currently in a big range according to the weekly. But thanks to the big boost from news week, we could possibly bust out this week -- as long as we stay bullish. Since we had a big impulse move Friday, we should have some pullback before continuing up. With price beginning at consolidation, we should prepare for a big impulse move again this week too....
(Be ready for what the market as offer)
Currently in consolidation after breaking out of the bullish channel. Waiting to see if RBA Gov Lowe will make the market go in favor of the Aussie later today. And then we'll see if the CPI and Trimmed Mean CPI will keep the momentum going. So prepare for some a deadly spike tonight in the US and some more spikes the later that day. I would like to say...
Similar situation with the previous CAD set up, here we can see the price stalled near major supply area, we might get a minor down side impulse move before continuing to the upside, therefor am taking this probability to go short. look for solid evidence such as high test or pin bars candle closed before placing short...
GBP has been a fun ride since September with its bull run. And after this retracement takes place, it's not stopping. Let's see how far the pullback will be respected before we continue to shoot for the stars. BEAR TPS: 1.68932 1.66584 1.64280 BULL TPS: 1.68932 1.71170 1.75415
Been in a ginormous range for a good while. Had a breakout from a small wedge within it, but that doesn't guarantee we're out of the woods yet. So enjoy the range trading for now. And yes, I did put bear tps in case the consolidation breakout heads south. BULL TPS: 8514.90 8818.06 when break out of the range... 9085.48 9494.51 BEAR TPS: 8222.74 ...