Been speculating GJ a lot for the past few days... Ideally, I can see a leg form onto the downside before retracements to the upside.
I had to post it because my other one wasn't to my own expectations lol. Anyways, bullish order block on Audusd daily time frame account for bearish doji reversal candle. Look for long opportunities
I've been stalking this pair for days, weeks, and months now. After seeing how the last few days went for the last week, I'm starting to feel that we could possibly be going into bullish conditions. My ideal target is 1.19400 with potential retracements back down to current price. I do have notes regarding this trade idea but I am a bit to lazy to type...
If you followed my previous AUDUSD I believe we are well over 200 pips - If you missed it, do not worry there is plenty of opportunities to come. We have strong rejection / reversal zone between 0.77580 - 0.78130, we've created a swing high on weekly which could stand for two things, a potential double top and reverse, or a raid on stops at 0.78 whole...
Honestly the simplest way to explain what's happening to the Euro lol Oh and if you're wondering, I am holding a sell on Euro from my call on $1.24 I'll let you do the math ;)
A lot of interesting movement going on with the Euro since it's downfall from $1.24 whole figure level. On weekly we have a lot of bearish momentum and we're approaching a reversal zone. On monthly time frame $1.16 whole level could be our monthly support, but weekly is showing bearish momentum. According to DXY the Dollar still has time to rise just a little...
Should be seeing a nice swing up onto the upside for Aussie..
Looking for retracements for continuations onto the upside. #StayWoke
EurUsd: A lot of interesting movement going on within the past week. After being in an 11-week consolidation phase we’ve finally broke the $1.23 onto the downside currently residing nearly at $1.21 whole figure level. We’ve found support zones at 50% weekly fibonacci, currently respecting but most likely going to break. I see possible retracement creating...
Divergence on 8hr time frame, demanding for a lot of buys. Retesting $1.20
Potential ABC confirmed using fractals.
No notes needed, pure price action.
I been making a lot of trades, just haven't been posting much because I give out a ton of value. For free... If you want to work with me feel free to private message. Anyways, GJ. Rejected 149.000 on the Daily, GJ isn't in a bullish structure more of a bearish structure, momentum on weekly and daily cannot be argued with. I see a ton of fake outs that are...
Very interesting movement going on for Ripple, as we say we came into a nice support zone at the 50.00% fib with strong momentum, I believe we can see a right shoulder formed and if it rejects, possible movement to the downside.
If you followed this analysis - You're in a 230 pip profit move, $1.24 was a strong rejection zone. My expectations now are to see a retracement back up and retest, then I can see a continuation of the downtrend all the way down to $1.20. Momentum has been very strong and I wouldn't be surprised seeing lower lows this year rather than higher highs.
A lot of major pairs and minor currencies are need of necessary retracements before continuations of overall trend. I'm expecting Gold to retest $1030.00 possibly even higher, as a retracement than we can see a lower push. We will see gold below $1300.