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...
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...
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...
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...
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...
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...
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...
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...