If we look at monthly chart EURUSD has 3 major liquidity blocks.
The biggest is to the upside - I marked its point of release. That is where EUR is likely heading longterm on monthly.
Thin 2020 yearly central pivot range predicted volatility for 2020 and so it was a volatile year.
In 2021 we might see a missed yeary pivot. If this would be case it will mark a...
EURUSD daily and weekly.
Morning Star is of concern. Its is very bullish pattern. It is foloowed by pinbar / umbrella (should be formed today) 80 percent of times price goes up for 4-5 days.
Price is ar R3-R4 monthly reversal zone at 8 weeks KAMA support.
IF shelf is broken - price will slip down to 1.200 (will bounce at 1.20) and might fall even lower.
The best tool to find out to find out yearly target levels is Camarilla Pivot Points (based on yearly close, highs and lows).
Camarilla pivot points predict not only the levels but also volatility as you see.
As you see we are at the top yaerly value (reversal zone).
Usually, price fails to break the floor or the bottom. If this happens with bitcoin it happens in...
In ths post you can see the power of yearly Camarilla levels on monthly chart in conjuction wth 8 months ema.
In 2020 EURUSD failed to close below the yearly floor (S4)
It broke the yearly roof (R4) and ended at H5 (High5/R5) post breakout level.
Unfortunately tradingview does not plot yearly S5 and R5 - this needs to be fixed.
USDJPY looks to be a sell. Price BROKE 2020 floor (2020 S4/L4) and the breakout to 2020´s S5 is to continue this year...
Nice confluence at 50 days Tilson MA + 8 ema weekly + 8 ema daiy.
Stop can go above previous high or above yearly pivot.
For educational purposes.
Price is in monthly reversal zone (Camarilla S3-S4).
I am looking for longs from here (even in case if we are in downtrend).
There is a chance price might slide down to 1.20 though.
PS EURUSD top was at December Camarilla R5 (High5) - as predicted!
FOR EDUCATIONAL PURPOSES.
Price spiked down to reach yearly pivot last night (200 pips move with 5 minutes straight to the pivot and back).
2019 pivot remains missed, which indicates a buy from 2020 pivot.
I would look for buys from 8 monthly ema.
Price has not made a lower low on daily, hence uptrend in place.
Price is likely to form triangle squeeze btw 100 Tilson Daily MA and 8 Monthly...
Dollar index (vs EUR and Yuan) still looks very weak and remains in bear market.
It reacted when it reached the top of liquidity base but the bulk of the base volume is much lower (thats where its heading to).
There is plenty of room to fall to the point of release.
For educational purposes only.
SP500 is very likely to shoot to yearly R2, where we will see major reaction or a big stall.
Price is in strong bullush momentum (missed monthly pivot). It is liekly to test new monthly pivot or monthly TC at least (both form in less then 1 day) in January.
FOR EDUCATIONAL PURPOSES ONLY
Price is in uptrend, though its pretty MESSY. The most UGLY price action in EURGBP history.
Long bias remains - halfyearly MA crossed above yearly MA. We should make a new HIGHER HIGH.
The only moving average that make sense out of all this is Tilson MA, which has the best smoothing.
I tried to apply emas, vwmas but they are not of much help.
Another look at the pound.
GBP seems to be moving to 8 years average price (which corresponds to 96 months ema).
However, 8 years volume weighted average (could not plot that) is somewhat lower (I marked with pink) at 1.38342.
To reach that price needs to BREAK DECEMBER ROOF Camarilla monthly R4 (key resistance). After that we shoul see a quick push to the 8 yrs...
BRENT CRUDE (and EURUSD too as being impacted by crude) is at STRONG quarterly resistance. I would characterize current condition as NEUTRAL to MODERATELY BULLISH.
UKOIL is facing 8 quarterly VWMA (No tools to plot that so I am plotting 112 ema weekly which is pretty similiar)
Break above this vwma would be very TOUGH, but its likely. If break will occur it will...
T3 is one of the most accurate moving averages developed by Tim Tilson.
Tilson Moving Average (T3) is a trend indicator with the advantage of having less lag than other ones.
That is, a faster moving average. T3 is considered superior to traditional moving averages as it is smoother, more responsive and thus performs better in ranging market conditions as...
Sp500 is broke yearly roof
But December candle has to close above the roof Camarilla yearly R4.
TD trend-line breakout was true - with gap
TD breakout projection sends us basically to 3.900.
Follow the trend with 8 ema daily (didnt plot that) and 8 weekly ema
Right now we closed below 8 ema daily but as long as we are above 8 weekly ema - Uptrend is in...
Long term targets for gold.
Price went above monthly value R3 and didnt reverse (longterm uptrend in place). Quite the opposite - it wants to break through December roof (did 3 attempts for now). That low liquidity marubozu candle (volume gap) from Nov 9 will get eaten up and filled...
For educational purposes.