The overall move is down for AJ until it reaches the weekly zone -- maybe. I'm waiting to see if we make it to the weekly and breakthrough to the monthly level to determine the next move…if we can make it. If not, we'll bounce off the weekly and go bullish.
As you can see for the bullish move, I'm not looking for it to go too far up this week, especially with...
UC looks like it's making a move to the daily 1.30357 zone one more time to see if it can get through or bounce up once again.
Got a strong trendline crossing through the weekly 1.32539 zone, so not sure if price will be strong enough to get through it this week. As always, I left TPs if something in the news jukes it up. For now, I'm trading with the overall...
EJ had a big drop all week so this week looks like it can be a pullback before continuing down if it cannot beat the 124.187 zone or the 124.516 which would retest a bearish engulfing from the daily.
We're currently sitting inside a weekly zone, so we'll get a nice move out once price breaks out.
We are in a bearish channel until we break out of it. I'm not...
This actually looks like a hot mess. The bull candle on the weekly created a long wick last week, so we may be going short for the remainder of this week for now.
I'm looking for some hint of a reversal if it goes bullish from creating a lower high. Otherwise, if price can get to and break the 1.54360 area. Let's find out. Here are some TPs in the meantime to...
This pair looks like it's going bullish overall. Looks pretty strong on the weekly and that we were in the middle of creating a new higher high at the end of the week. So will play it out as it goes.
• 1.69323 (only if weekly zone is broken)
That's looking like an inverse head and shoulders on the monthly 136.218 level, so this pair may go bullish for the week. If it cannot break the monthly level or move above 137.497, we'll be shooting for the bear TPS until the move is complete.
This move is a large slant, which is hinting this can possibly flag. So the bullish continuation may only move just to the monthly zone then continue to take a dip. If not, we'll keep ticking on up to the target BULL TP.
For the bearish, looking for the break of the trendline to play out for those TPS and keep going all the way down to the daily 1841.89 level....
This pair looks like it has a huge retracement due this week before continuing for the short. Retracement may end in the 1.79129 zone before the short continues. If not, we'll keep going up to the next zone above for a fresh to test the last lower high.
This pair is currently in a multi-day 4hr range and sitting on top of a weekly zone around 1.70366. A weekly zone means a large push whichever way the market chooses (I hope it continues up). So let's enjoy this week's move. Hopefully this is the week it performs a breakout.
If it breaks the daily zone….
This pair looks like it's setting up for a bull rally further up this week. We were in a lengthy consolidation period. This may be the week after seeing this juke move that we do the climb up. Gonna play this out and see how it want to make the most of this false breakout.
I actually took this trade last week when I saw a harmonic setup while cruising the charts. This harmonic may still be respected this week.
Scaled up to the daily and saw what looks like a giant inverse head, neck, and shoulders forming. So TPS are based on both the harmonic and when the move may be complete.
This pair actually has been fun. It's spent multiple weeks in consolidation just to do it up massive uptick that made me so proud. Then it pulled off this beautiful short, that actually looks like a giant pullback at first glance on the higher timeframes (daily, weekly).
When it hit the daily key level zone at 1.54626 and bounced off as support, it actually...
The monthly chart on gold is showing that we have created a big doji in an overbought zone. This may be signaling for the sell.
Currently, price looks like it's consolidating on a higher time frame. So what I'm waiting to see is will it break the overall bullish trendline for the short, or will it bounce off the 1924.42 zone to continue up into unknown...
First, this is nice that it's sitting on a weekly key level. Second, where price stopped also looks to respecting a major level of structure according to the daily.
I'm looking for another short overall. But, as we know, price does what it wants. So if it does decide to perform a pullback into a continuation, those TPs are in place too.
Been a bit under the weather recovering from injury.
I'm resuming weekly trade analysis each Sunday on what swing trades I'm paying attention to throughout the week.
Here's how I view the charts:
I'm looking to see if I can find the price's overall move for the week with each pair.
TPs will be posted based on how far I think price will move before it...
This looks to be in the process of forming an inverse head and shoulders pattern. So will trade with the move over time. I actually want it to go bullish, but we need a strong confirm for that to happen. So let's what happens. I also have to update my map. That's why you don't see the zones just yet.
Wow! What a nice trendline bounce we had last week! Looking for some more action this week by seeing if we can keep the bullish pace up to the monthly level or make a return to the weekly zone, but this time to break through the trendline and let the bears take over. Now I am seeing a potential double top trade for the short when we reach the first bull tp. But...
From the daily timeframe, it looks like a giant pullback for the bull. But I need to wait for it to hit my zone to get a confirm if that's what I'm looking at. Until then, move with the trend.