NASDAQ:HUT expected to buy off of OTE @79% on our Fib. Expecting it to at least match recent highs
Looking for DXY to Push up over next couple of days filling this fib zone
Looking for Silver to move up if our Gold Trade is successful
Looking to see if Gold Bullishness will reappear, as we have planned for DXY fall from current area. This markup will specifically apply in correlation with the success of our DXY markup. I will want to see DXY & US30Y move down.
Looking for AUDUSD to push up from here. We like the rejection off of the 79%/OTE and look for reversals at this area. Swinging back up away from Current Year Lows and Near Fiscal Year Lows. Hopefully this plays out with our DXY markup for confluence trading. Looking to catch trades in unison with the previous moves up through this zone.
GJ has reached Monthly Highs from 2015 and shown nice resistance. Looks like we could see a nice pull back to the .382 on our Fib from the most recent drop.
Expecting a nice rejection out of US30 early this week. We should see price run to the .382 on our Fib and fill the old FVG that was sold through last week.
We saw a push up towards our 79% and also a quality rejection. We see the bullets below as catalysts for a strong rejection from this area. Looking for a push towards the Daily 20MA and 50% zone on our Fib. - Current Year Opening Price - Current Quarter Opening Price - Sell Fibonacci OTE 79% - Trendline
DXY has been following our fib tool perfectly here, so if it can push through this down trend @ our 62%, I will expect it to continue up ward to the 79%.
Trade Bias for US30 This coming week. I'm looking for shorts in the 33250 area/zone.
Expecting US30 to push higher out of this zone and then retreat
*THIS IS NOT INVESTMENT ADVICE. THIS IS CHARTINGMONK PERSONAL ANALYSIS AND TRADE THEORIES* I AM LOOKING FOR THE DXY TO FINISH OUT THE CURRENT FY ON THE BULLISH SIDE. THAT SAID, I DO WANT TO SEE IT SHOW US SOME SHORT TERM BEARISH FLOW AND THEN CONTINUE YOU HIGHER. I DO HAVE A TRENDLINE THAT I BELIEVE IT WILL CHASE TO BOUNCE OFF OF SOONER OR LATER. THESE ARE MY 2...
Expect a nice bull candle here soon. It might dip down again before doing so.
Still see Gold trending upwards in continuation from last week, I think we'll see it take a short breather while the DXY retraces.
Looking for an impulsive buy from AUDNZD here as AXY gets stronger around this time of year. If I hit SL here, I will look for a lower re-entry.
Still bearish on the DXY but I believe we will see it bounce back up around the 92.00 price point.