A rejection on the cable above 1.26557 will bring more bulls to carry the pair up... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Looking at UK100 monthly chart, it is evident that the market is ready for collapse before the outbreak of coronavirus. Covid-19 is just the stimulant needed to accelerate FTSE100 market structure breakdown. With L-H and L-L completed in September 2019, market structure for breakdown was long completed but most people (including myself) missed that... N.B - Let...
Bitcoin corrections on the daily timeframe is ongoing and could take any form and pattern. The pattern could be simple or more complex... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
GBPUSD has rallied outside its corrective bullish wedge. Any price rejection at the highlighted level (above 1.30887) will likely cause the pair to re-test its mean value or lower N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Gold is now on weekly extreme optimism. It still need one more attempt to test the high @1690. Any decline below the first trendline, will most likely trigger gold weekly correction. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Weekly just made a new high before the stock price fall to test support level @ 193.05. Potentially, TW can re-test the swing high at 237.10, however, further decline below 185 is more desirable before buying the stock. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
USDCAD has popped out of the corrective bullish wedge, however bulls need extra power to get it above 1.35012. Any form of rejection at this level will send the pair back to re-test previous support N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Six months ago, the analysis done on brent oil indicated that bears are dominating the market. Now price is hovering around 45, but bears are not yet done with either brent or WTI. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
With dollar index weekly sentiments turning bearish, more lows are expected in the near future on the index. Likely to revert to its mean or pullback to retest some resistant levels before making new low levels N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Since mid-December, the cable has been undergoing corrective wave. The bullish wedge seems close to ending soon before experiencing bullish movement or another correction. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Bulls are hovering around USDJPY on the trendline. If bulls can win, we may likely see a rejection candle(s) shortly else, the easy route is still bearish... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
The correction expected and talked about (in our previous post) on bitcoin may have started on the daily. With weekly sentiments bullish, daily correction may find some support between 8500 & 8200. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Crude oil may experience a temporary pullback, IF there is any rejection at the current price level or the appearance a strong bullish candle. If this happened by Thursday, then there is likelihood of oil reversal. In the absence of either of this, then, downtrend is the easy path... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk...
There is a possible buy opps for USDJPY on the daily... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
With XAUUSD closing the week with powerful candlestick, the metal is poised to test above 1680 in the coming week(s). Gold optimism is at extreme on weekly, so it's not a call to buy at this level except there is extreme pessimism on the lower timeframe (Daily down to H4). N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Don't be caught off guide! Apple stock is now on extreme optimism and with bears pressure at its current price, the stock price is most likely to revert to its mean or begins a downward trend. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Bulls are beaconing on NZDUSD pair. Looking at the monthly chart, the pair is more likely to rally but there is a risk of reversal towards 0.675 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
GBPUSD is in corrective wave (ending diagonal) which could be a sign of bulls coming into the market. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades