NikaJourney

NikaJourney

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. BULL TPS: • 1.70968 • 1.71684 If it breaks the daily zone…. • 1.72830 • 1.73672 ...

NikaJourney Updated 

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. BEAR TPS: • 139.698 •...

NikaJourney Updated 

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...

NikaJourney Updated 

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. BULL TPS: • 1.82712 • 1.83971 • 1.85170 BEAR TPS: • 1.81321 • 1.80812 •...

NikaJourney Updated 

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. BEAR TPS: • 1.72928 • 1.71914 • 1.70498 BULL...

NikaJourney

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...

NikaJourney

Hey all! 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...

NikaJourney

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. BULL TPS: • 1.69934 • 1.71040 • 1.71708 BEAR TPS: These...

NikaJourney

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...

NikaJourney

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. BULL TPS: • 1.24148 • 1.25035 • 1.26343 BEAR TPS: • 1.23018 • 1.22306 • 1.21150

NikaJourney

This is looking like a potential key level trade setup for the bull. Waiting to see if we can get that magic 2nd touch before take-off, or will we keep on tanking for a continued short. BULL TPS: • 133.397 • 134.960 • 136.093 BEAR TPS: • 131.803 • 130.777 • 129.549

NikaJourney

Beautiful key level trade setup of a daily zone! You already see where I'm going. I'm just mapping out the chart for future setups. Here are your TPs: BULL: • 133.441 • 135.135 • 136.093 BEAR • 130.636 • 129.331

NikaJourney

This pair has an interesting setup I want to play out no matter where it goes. If it continues to go down, it can possibly form a harmonic for the bull, or just keep dominating for the bears. If it decides to shoot up sooner than later, that means a pullback is complete. So I am waiting it out until it hits a zone to determine the next trade. Here are your...

NikaJourney

Back from a brief hiatus due to illness. So let's continue. Gold is looking bullish for the start of the week. But I'm not sure if it will hold. When the move is confirmed, I'll be taking it to the weekly 1757.72 area and awaiting which direction it'll continue for the remainder of the week. So this is why you're seeing two directions indicating where the...

NikaJourney

Will the lower low stay intact or will the USD take over and make this pair keep dropping? If the USD takes over, it'll have to break the trendline to confirm the bearish momentum is still intact. So if we return to the trendline, this is what I'll be looking for: a continued drop to the monthly 1.18937 zone. BULL TPS: • 1.24148 • 1.25035 • 1.26229 BEAR...

NikaJourney

Last week, Gold broke the overall downtrend to begin another bull run. So now we gotta see will this bull trend Continue back up to the weekly zone around 1757.72 area. I'm actually wondering if we can break that zone if we make it back up there. Right now, I wanna see if we will retest at the daily 1722.97 zone for continuation, or will take another plunge. So...

NikaJourney

If you have a little patience with this pair, it's actually forming still forming the W second leg. The bonus? When it's done, we will have a possible bearish harmonic setup for the short. The only way the possibility cancels out is if price can continue upwards pass the daily 1.54626 zone. As you can see, if we make a bearish run, I'll be trading to see if it...

NikaJourney

This did not beat the last lower high, so waiting to see if what will happen when price decides to make a return trip to the weekly 1.66128 zone. Just going to play this out zone to zone for now and see if this is a continued bearish trend or not. BULL TPS: • 1.67637 • 1.68857 • 1.70101 BEAR TPS: • 1.66260 • 1.64795 • 1.63299