Ocean98

Ocean98

GBPJPY could be cooling off a bit after tapping into the strong level, i do expect the bullish momentum to resume after retesting the previous HH creating a HL. and yes the is a possibility of that the marked area could hold the market and resume the bullish cycle,thus it's better to let the market play out and give us direction.

Ocean98

USDMXN is bearish but the market is being very corrective on the BOS or weekly level, the market retrace back into previous LH but all that depends on how it react on the market area of interest, a close above it could be signalling a bullish cycle but a close below could be indicating a bearish pressure, It's always Good to wait for a clear move to avoid being...

Ocean98

USDZAR is bearish in overall trend but we are currently looking at a pullback,where by the market will be retesting the formed LH on 61,8% Fib level and also adding confluence is the bearish trend line( our trend line simply indicates a 3rd touch confluence) is it possible to see a change of structure or just a continuation of a sell. Focusing more on what we have...

Ocean98

USDCAD is in a downtrend which means the overall trend is bearish but on current structure we are looking at a bullish market with a possible pullback to form a Lower High on the 61.8 Fib level, Nice BOS on the Weekly time frame with a retest candlestick in play. I am bullish on USDCAD and i would be scaling in to 2H timeframe to find Long entries

Ocean98

Dow has been bullish for quite some time and based on a Monthly time frame, it normally pushes up for 5-8 months so a bearish move can be expected from now on but regardless of that the market is still bullish , with the flat flag formation just after breaking previous HH, and we can also see the slow down in momentum for shorts in the market on daily time frame,...

Ocean98

XAGUSD is currently in a bullish momentum, the market on higher timeframe shows a possible formation of a bullish triangle as it is forming a series of HL but fails to form HH, Looking at current structure we can see that th e market has broken out of the Flag flag formed and printed a HH, after that the market pushed back into the Resistance area/BOS possible to...

Ocean98

US30 is currently bullish, the market has broken out the previous lower high after generating a spike just below the area of liquidity, it wold be nice to see a continuation pattern or retest of structure before taking Longs. i do anticipate a bullish market until new Highs are formed

Ocean98

US30 did play out as predicted but the question stands, can it sustain the bullish move even on this month, today we saw bulls taking control over the market during London session but on NYSE we saw a down fall which violated the previous HH of the market, which could be a potential retest of the BOS but it all depends on whether the market will break and close...

Ocean98

NAS100 is still bullish for me even though last week we were expecting a close above the established level. The market is still forming HH-HL and it has been consolidation the whole week, looking at the consolidation i would believe that the market is forming a flat flag with possible 3rd touch move on the lower established level which might trigger bulls to take...

Ocean98

US30USD is still under the influence of bulls for the week ahead, the market played out as predicted last week,Looking at current structure we can simply see pure price action playing out on this market, it formed a continuation pattern (bull flag) to break the established level and we did see a nice close above that area, which simply tells us that the market is...

Ocean98

USDCAD remains in a very critical area as it stands in a weekly level with less momentum of bearish moves on weekly time frame, the market has been very corrective as it approached the key level( a corrective approach on a key level signals possible change in momentum), The market also formed a falling wedge pattern. I am looking forward to seeing the market...

Ocean98

UJ has shown some nice bullish move last week breaking and closing above the 3 weeks candlestick, Looking at the HTF we can see that the market trend hasn't change we are still bullish, the market created a higher low and closed above it, it would be pleasing to see a nice retest of that breakout before we take longs in the market targeting the established level...

Ocean98

US30 is currently on the bullish sentiment, The market has been forming and breaking high's, Looking at the market structure we can simply see that after the market broke the psychological level of 33000 the was no retest of structure thus we see this much deeper pullback which did find support after creating a fake out on the 34000 level. i do see a nice double...

Ocean98

NAS100 update, The market is still under a bullish momentum, as predicted over the weekend we did see a nice pull back from the market creating a Higher Low. From that High low the market had an impulsive move to form a new Higher high on current structure. Currently we are seeing an indecision move between bulls and bears as we tapped a very crucial key level in...

Ocean98

Nasdaq has been sinking for the past few days which was an absorption move for the bullish momentum we saw early March, throughout April. The overall trend is bullish, the market did test the 61.8% Fib level if you drag it from HL to HH. after testing the golden level we saw a nice double bottom (Failure to form new LL)/ trend line violated and a push to the...

Ocean98

Gold/Euro remains bullish for the coming week ahead, The market has been forming LH and LL as per this *Flipped* chart. The trend line has been violated and weekly levels have been taken off, the market closed with a bullish momentum on Friday, we do expect a further push to the weekly level marked but to take this trade we rather wait for a pullback or retest of...