OANDA:JP225USD Has completed a Gartley Sell signal this morning on the open of the Asia Session. The Daily AI had a top at that time as well. First area to watch will be around 26300-26430 area below there would set up a 25500 Double bottom. If it gets up above 27k then we will be looking at 27500-27800 bigger Gartley area. Some levels to watch. Enjoy the day.
OANDA:AU200AUD is setting up for another Gartley sell pattern. This time we have the choice of 2 to choose from. The first one comes in at 6730 the smaller pattern. The second would see it going up into the 12th of July which would give it equal time and price. These come on the back of the previous Gartley sell at 7297. Its great when patterns line up one...
COINBASE:BTCUSD has the possibility of one more low. The last low wasnt a massive volume spike so thats why im looking one more low to shake a few more out. AB=CD completes at 12500 at around the 89% level from the ATH and the 2020 low.. Interesting couple of weeks ahead..
OANDA:SPX500USD has started the last leg higher with yesterdays rally confirming it. This is looking like its going to get up to these levels and an ideal scenario would be into next weeks US Interest Rate decision where we see the market start its next leg down. Beyond 4100 and the correction could be over or a higher correction. For now on the Intra-Day im...
More downside in Binance to come. Simple AB=CD Patterns repeating here. If it rallies to around 250 then that would set up a 3rd ABCD pattern down to the 100 area. Not quite time to Buy the Dip.. 🤔🤔
TVC:SPX Hard to imagine but could we see a fast rally back to 4020 to cover the gaps before the next major sell off. 4020 is the 382 from the March high and also the 707 from the recent June high. That would get people thinking that the drop is over and we are onto new highs. Watch these levels over this week. I hope this helps enjoy the day. 👍👍
SP:SPX Cash market has a few gaps still to fill. Current rally from Friday which should follow through into Tuesday due to the market holiday tomorrow. A high percentage of times after a holiday the market is bullish so thats why im looking for that move higher to complete the pattern. If its going to fail then it will happen between 3850-3900. 50-78.6%...
COINBASE:ETHUSD has a critical turn point today. Its in the 50-61.8% area giving us a Sell signal on the completed Gartley on the smaller TF. There is also a bigger Gartley setting up around the 1400 area which would mean that the AI would fail at this point but then we look at the 12th of July for the turn. I still believe we have another move lower towards...
NASDAQ:AAPL has had a 3 week rally into the 382 from the March high. This rally has been weak with lower volume again on this last 6 day rally. This is where time and price line up perfect. If it gets above 152 then there could be a bigger move to the upside coming. Being the biggest stock in the US Stock market then it has a bit of pull where things will go...
COINBASE:ETHUSD has a couple of nice expected turn points today. The majoe CIT window is around 1pm. So looking for a high or a low at this time to get a trade set up. For this to work we need a rally/sell off into the time zone. This gives us a 20-30min opportunity for a change in trend. I hope this helps. Enjoy the day. 👍👍
DJ:DJI had the rally this week and finished with a strong volume day on friday. Looking to this week we have a Gap to be filled from the previous drop at around 32300. This lines up with the 707 from recent high and low. We also have 1 SD @ 32690. Anything above these levels could mean we have some sort of major low in place. At this level there is a Similar...
OANDA:EURUSD is edging higher towards the upside target around 1.07000. A move back to 1.0520-1.0540 would be a low risk opportunity to go long. At the upside target there are a lot of pattern completions, this would bring the DXY down as well before it heads higher towards its upside target of 121. Enjoy the day.
OANDA:XAUUSD is just bouncing around being a little ugly. But there are still patterns in play. If we can hold this 1830 area then there is a chance of 1880-1890 before more selling. Otherwise below 1820 and we could be on the way to the low 1700s. Update for now. Enjoy the day.
COINBASE:ETHUSD on an intra-day look. Yesterday we had a 3 Drive into 1185 now im looking for a possible move down towards 1000 again before the next move higher. If we can get an AB=CD down that would set the buy side up nicely. I hope this helps. Enjoy the day. 👍👍
OANDA:XAUUSD has created a nice Gartley at the 1857 level 707%. If its bearish this is where we will see more down side into the 1600s. Hard to believe with everything going on but thats what the picture is telling us. The other option is that we head back up to the 1900 level before the sell off comes. This option will go out the window if we get below 1830 on...
FX:AUDJPY is setting up for one more move lower into the 92.00-92.20 area. This would complete a 3 Drive pattern into 92.00. At this level where I will be looking for a buying opportunity as we have the 50% and 61.8% levels from previous lows together which makes a stronger case for a reversal. We also have the AI expecting lower prices. If it doesnt rally...
OANDA:XAUUSD had a massive rally Friday and is looking to be heading to 1911-1918 to complete the Gartley that could send us lower to the 1700 level which would be the ABCD Target. Today we are looking for a Pull Back to possibly get long up into that area. There was a nice Butterfly pattern this morning @ the open. Patience is required for now. I will post...
COINBASE:ETHUSD has seen more selling pressure and hasnt has a bounce yet. We are approaching the LOG ABCD target around 1500. This could provide some buying to get the bounce but ultimatly will give way to more selling. Looking at the AI for the year we can expect a low somewhere around SEPT/OCT. This is where it can be down around the 1k level and another...