THIS IS THE DEFINITION OF A STOP HUNT! we've all seen how the dollar has exploded over the past couple of days but NZD is not giving up without a fight you can see that every time the kiwi goes below .695 on the weekly candle it rushes back up before the week is over. now fundamentally speaking, WE KNOW the RBNZ (New Zealand Central Bank) will be raising rates...
the DOLLAR, YEN, & SWISS FRANC has all extended their strength to start the week but ONCE AGAIN unlike other pairs that have lost their respective support levels against the dollar, NZD SHOWS SIGNS OF STRENGTH. i believe it's ready across the board now.. nzdusd entry .693 stop : .691 TP1 : .7225 TP2 : .728 TP3...
the dxy is headed south to my blue trend line below .. but where it goe after is the real question!
this looks like a bullish flag patern and with the rbnz spitting out nothing but good news, i feel like this would be one of the pairs to watch out for. chf is a safe haven and does good during crises but the world is return to normal. so i think can this break to pre-pandemic levels, which is above .65 & thats not far (50 pips away)
Fundamentally speaking, WHY are we short on CAD? So what if they revised their gbp down for this year. the following 2 has been revised up and the tapering has continued, something the us cannot seem to do. so im going to buy the new and sell this rumor! the real news is cad is going to continue to taper and we cannot seem to stop spending. technically speaking...
RELATED TO PREVIOUS IDEA BELOW: right now im seeing multiple things: 1. a daily harmoinc M bat 2. we only were supposed to sell to .695, which is acting as support... or atleast this area is 3. we're at daily, weekly, & monthly support with that being said, i say we see .73's again.. & that move begins now. TARGETS on the chart!
1 hour bat on the euro/usd pair. Also a 1 hour bat on dxy. Entry 1.1860’s Stop 1.1875 Target 1.1783 but I expect 1.178
well im not a firm believer in this dollar weakness.. we see the euro advancing further against the dollar than the franc... while i believe the dxy is double bottoming, USD/CHF may just be forming a new weekly trend.. im gonna go ahead and take it based on a smaller time frame so let's see if im seeing the right things!
ecb is going to continue taper talks but as of last night BoE was actually bringing up the idea to CONSIDER tapering ... the sell off shall continue
We know whats to come as the CAD continues their QE exit plan. Price was MANIPULATED yesterday, i believe, in order to sell these pair at the upmost PREMIUM PRICE there is for now! EURCAD TARGET 1.458 (Weekly low.. for now lol) then let the risk free USD CAD TARGETS 1.119 (Or anywhere at least SUB 1.2)
Tmrw is Bank of Canada, The only central bank to actually start it's exit from their QE program. EUR is looking to extend theirs as always , from a pure fundamental stand point, this thing should be going to 1.44 pretty soon
People keep buying bitcoin without any knowledge of the project or just market structure ... yes it is an investment but these are still the MARKETS! There are bull runs and theres are bear runs. BULL patterns and BEARISH patterns... & HERE is a bearish pattern... i've been posting this in the public chat ever since we broke 48k but i just never felt the need to...
eur jpy in a parabolic uptrend but this wedge is normally associated with down trends called a bear flag so i can see this falling back to the 132 levels before its next move
dxy doubled bottom and above trend line.. should be going back to 94.5 within the near future
my belief, theory, not really advice just my view! so i posted just before this aa 2 hour harmonic bat for eu with a 10 pip stop.. not only did it stop me out for 10 pips, THAT WAS THE TOP BRUHHH! Now that eu has done the liquidity spike, i did a bit of scanning. Well i instantly reshorted because i still believed in my 2 hour bat but i also found a 2 DAY...
dollar has returned.. related to a private video i have ...
2 hr harmonic bar on the euro and dxy possibly i sold 1.2254 targets: 1.2197 1.2162