D_Market_Outlook

D_Market_Outlook Updated 

1. EURUSD broke the bottom of the range again. 2. Looking to short at 1.1535. With good RR *When price reaches that level, look for a good entry signal. 3. Just nice 0.618 fibs retracement level is there as well.

D_Market_Outlook Updated 

1. Retest of previous weekly structure. 2. Next week we see important CAD data coming in. I have a bullish bias on the CAD GOV hiking rates. So a bounce off this structure for me is expected. 3. Good RR with SL below structure. *Anything can happen to bullish bias does not mean shit unless we have decent price action around the structural support area. *Pullback...

D_Market_Outlook Updated 

1. Candle sticks shows strong rejection from structure in previous 2 days. Sellers are definitely still in that structure. 2. 2nd last bar has Close at a lower price compared to the 3rd last bar previous low. *If we can see the structure break further down next week, we can add more short position in this higher probability trade. *See my other chart for 4hr analysis.

D_Market_Outlook Updated 

1. Broke through resistance and now bounced off the new support twice. 2. Inside bar potential break upside 3. Upside wick and long bullish candle to show strong momentum to upside. 4. Good RR of 2.7ish Fundamentals show hawkish tone by FED and recent good jobless data. *Strongly based on support and resistance play

D_Market_Outlook Updated 

1. Broke through a very strong structure after getting rejected multiple times 2. Increasing upside volume 3. Good RR about 3 4. Higher highs and lower low. 5. Daily time frame shows that the breakout from the main correction trend is still in play. As of now, a potential breakout of a bull flag can be possible. *THUS LONG PULLBACK @1.3085 Fundamentals 1. Bad CAD...

D_Market_Outlook Updated 

1. GOOD RR 3.18 2. GOT REJECTED BY STRUCTURE. 3. BROKEN OUT OF ASCENDING TRIANGLE AND RETESTED IT AND GOT REJECTED. REJECT REJECT REJECT! LETS SHORT THIS AUD SHIT. Fundamentally, aud has been weak due to ongoing tensions from China and US. Trade wars are to persist.

D_Market_Outlook

1. Price action shows rejection at 0.618 level. Prices were not able to push above it. 2. Retest of the structure after breaking down +. Two inside bars with one coming after the other. 3. Previous candle has a decent push to confirm breakdown of the inside bars. 4, Good RR. With SL above 0.618 with some buffer room. 5. Looking to cover half of position if...

D_Market_Outlook

Watch this pair as it could go either direction

D_Market_Outlook

Long this pair with the break of triangle. Structure shows theres still buying power. Entry: 1.661 SL: 1.60 TP1: 1.17355 TP2:1.8338 RR:2

D_Market_Outlook

Short this pair now since it has broken channel and has been rejected from the structure. Trade entered:1.3097 SL: 1.32 TP1:1.285 TP2: 1.25 RR1:2

D_Market_Outlook

1. Broke out of trend Line. 2. Bounced off at 61.8 fibs level. 3. Retested and bounced off on the new support trend line SL.535 TP1:640 TP2:765

D_Market_Outlook Updated 

Broke main support line and has retested. SL: 11.65 TP:10.372 RR: 1:2

D_Market_Outlook

Technical Reasons: 1. Breakout of main correction trend line. 2. There is a bullish divergence with the RSI. 3. Correction has bounced off the 0.618 fibs. Risk Management 1. A close below 8124 would invalidate this bullish setup. 2. Target 1 would be 8663. Target 2 would be 9112. 3. Risk reward for target 1 would be 1.9. *No fundamental reasons for this...

D_Market_Outlook Updated 

Technical Analysis 1. Been rejected by the major trend line. 2. Breaks 82.85 price support line (Fibs 38.2%) * Once breaks the red trend line we can add on more shorts. * Added in half a position.

D_Market_Outlook Updated 

Fundamentals 1. XRP is making good grounds a. On the occasion of Ripple partnering up with Santander Bank a couple of days ago. b. It is making multiple partnerships with other organisations like money gram and other financial institutions. Technicals 1. The prices have been consolidating around the 0.64 range to 0.69 range. 2. A break out is expected, especially...

D_Market_Outlook Updated 

Fundamentals 1. Collaboration with DAO forming an alliance with MakerDAO which will improve and ensure the future decentralization. 2. Significantly, OMG cryptocurrency is built on Ethereum blockchain and achieves the highest scalability levels while at the same time enabling transparent peer-to-peer transactions that are fast (real-time) and secure. The...

D_Market_Outlook Updated 

1. Good Volume on the breakout 2. Increasing RSI. 3. Good retracement (helps in re-entry positions) 4. MACD has a good upward trend. RISKREWARD 1. Profit taking : 138 2. Stoploss: 114 RR APPROX 3.0

D_Market_Outlook Updated 

If we look at the fundamental side of things, Bitcoin has not improved much. The environment for cryptocurrencies has gotten much tougher with more regulatory oversight and governments being pro on the technology but not the coin itself. Despite a neutral to negative outlook for bitcoin fundamentals, the technical analysis shows a differing view. We see a small...