TOTAL MARKET CAP ANALYSIS
After a good breakout, the total market cap is currently retesting above the neckline of the Adam & Eve pattern. A bullish trend is being determined by the MA 200.
The continuance of the bullish surge would be verified by a successful retest above the neckline. If the retest is unsuccessful, the price will capture liquidity below the...
Found long setup on GJ 4H/1H trade.
1:After a complex condition of market GJ finally begins it's bullish race.
2:Market making HH/HL.
3:Break of structure to the bullish side.
4:Market testing broken level 137.600.
5:Market showing strong bullish momentum to the left side.
6:Fibs level 50% & 60% being respected.
7:200 MA also showing strength to the bullish...
Follow for more analysis.
1:4H/1H: Market in a bullish run making HH/HL.
2:Market broke previous HH and now retesting it at level 123.000.
3:Looking left 123.000 level has been holding the price strongly(in past).
4:Big bullish candle showing strong buyers in the market.
5:Market at 61% level of fibs(golden ratio).
6:Now let the market break structure on 1H TF as...
I took a fade trade on the majors yesterday, dollar rising- worked out great but you got to remember and think - Is it time to sell again?
AUD/USD, Keep in mind it is a commodity currency pair.
Until it's not passed below the yellow small bullish channel we have going, the bulls are in control - Areas to keep an eye on are: 0.71800 /0.71900 then it could be an...
As discussed yesterday, expiry seems to be sideways and giving opportunity on both sides, these kind of days are not good for option buyers but sellers enjoy them. However, if you are a good trader you can always scalp for few points on both sides.
Nifty is still getting dragged by BNF, it would be interesting to see what happens on Friday, I'm expecting again...
