The overall move is down for AJ until it reaches the weekly zone -- maybe. I'm waiting to see if we make it to the weekly and breakthrough to the monthly level to determine the next move…if we can make it. If not, we'll bounce off the weekly and go bullish. As you can see for the bullish move, I'm not looking for it to go too far up this week, especially with...
UC looks like it's making a move to the daily 1.30357 zone one more time to see if it can get through or bounce up once again. Got a strong trendline crossing through the weekly 1.32539 zone, so not sure if price will be strong enough to get through it this week. As always, I left TPs if something in the news jukes it up. For now, I'm trading with the overall...
That's looking like an inverse head and shoulders on the monthly 136.218 level, so this pair may go bullish for the week. If it cannot break the monthly level or move above 137.497, we'll be shooting for the bear TPS until the move is complete. BULL TPS: • 136.730 • 137.239 • 138.092 • 139.019 BEAR TPS: • 135.464 • 134.048 • 133.071 • 131.941
This move is a large slant, which is hinting this can possibly flag. So the bullish continuation may only move just to the monthly zone then continue to take a dip. If not, we'll keep ticking on up to the target BULL TP. For the bearish, looking for the break of the trendline to play out for those TPS and keep going all the way down to the daily 1841.89 level....
GOLD - On daily candles it is expected to go down at the moment, based on triangular pattern and price action it's in a SELL ON RISE condition. My approach will be a short sell here at current price 1888, If it's moving up 1895 around I will sell more Maintain Stop loss around 1907 Potential downside target 1865 - 1845 Follow the levels as mentioned. Traders,...
This pair looks like it has a huge retracement due this week before continuing for the short. Retracement may end in the 1.79129 zone before the short continues. If not, we'll keep going up to the next zone above for a fresh to test the last lower high. BULL TPs: • 1.78192 • 1.79129 • 1.80512 BEAR TPS: • 1.75881 • 1.75308 • 1.73815 • 1.72856
I am hoping for a break towards the downside on the weekly. So will the rate decision take it in that direction? Eventually I would like to see a complete head and shoulders on this pair.
This pair is currently in a multi-day 4hr range and sitting on top of a weekly zone around 1.70366. A weekly zone means a large push whichever way the market chooses (I hope it continues up). So let's enjoy this week's move. Hopefully this is the week it performs a breakout. BULL TPS: • 1.70968 • 1.71684 If it breaks the daily zone…. • 1.72830 • 1.73672 ...
First, this is nice that it's sitting on a weekly key level. Second, where price stopped also looks to respecting a major level of structure according to the daily. I'm looking for another short overall. But, as we know, price does what it wants. So if it does decide to perform a pullback into a continuation, those TPs are in place too. BEAR TPS: • 139.698 •...
This pair actually has been fun. It's spent multiple weeks in consolidation just to do it up massive uptick that made me so proud. Then it pulled off this beautiful short, that actually looks like a giant pullback at first glance on the higher timeframes (daily, weekly). When it hit the daily key level zone at 1.54626 and bounced off as support, it actually...
This pair looks like it's setting up for a bull rally further up this week. We were in a lengthy consolidation period. This may be the week after seeing this juke move that we do the climb up. Gonna play this out and see how it want to make the most of this false breakout. BULL TPS: • 1.82712 • 1.83971 • 1.85170 BEAR TPS: • 1.81321 • 1.80812 •...
I actually took this trade last week when I saw a harmonic setup while cruising the charts. This harmonic may still be respected this week. Scaled up to the daily and saw what looks like a giant inverse head, neck, and shoulders forming. So TPS are based on both the harmonic and when the move may be complete. BEAR TPS: • 1.72928 • 1.71914 • 1.70498 BULL...