HI Traders. Oil has been progressively moving up since the "Negative" historical event on April 2020 (Covid-19 crisis). As Oil is pumping near the all-time-high, observing from the way its slowly grinding upwards, i believe we could potentially see some short-term exhaustions in the market. As rice is constantly surfing above the 18ema & 50ema on the daily...
Hi Traders, Gold had a bit of spike on Friday due to CPI news releases. But for now, price seems like it is still relatively respecting the previous high rejected 1875. The only pattern i can see now is a potential range between 1875 - 1830. If we continue to see Gold being so 'back & forth', probably could expect another push back towards 1830 area. Meanwhile,...
HI Traders, in the recent Bitcoin Analysis, I've been talking about potential selling opportunity on BTC since 31,000. In fact, yesterday when BTC was at 29,000, I made a call mentioning that we could expect further push downwards. As BTC is finally breaking below 28,000, currently at 26,000, more downside is expected due to the flush of Bearish pressure. Shall...
Hi Traders, Bitcoin again had some heavy down week. In the previous few Bitcoin analysis, I've been discussing about the 28000 - 31000 range, if you simply just follow the range probably you had some great trades recently. As price attempted to break through the high of the range at 41000 but failed multiple times, we could again conclude that the market is...
Hi Traders, if you've taken the advantage to short the S&P500, I believe your target has been met. Since last week, i've been talking about the 4150 resistance as price continued to consolidate around that zone then had multiple failures. In the past 2 days, it plummeted from 4150 all the way back to the previous key low at 3900. If we see further selling...
HI Traders, in this short video I'll be discussing about the potential short-term trading opportunities on the JPY pairs. Most of the JPY pairs have been hitting ceiling on Thursday (9th June), some additional bearish pressure has been added into most of them due to the CPI release yesterday. What I do expect in the coming week of trading days, is some sort of...
EURJPY previously spiked all the way towards 144.20, then faced some opposition plummeted to 142.40. Be aware that market is currently in a high volatility environment, while the potential increased, risk too. For now I will be observing how price reacts around the low at 142.38 minor support structure. If price at any point find strong momentum pushing...
In the previous market analysis on the SPX, i talked about potential short-term selling opportunity at 4150 as price still find congestion around the previous S&R structure, which turned out to be a great trade. For now since price again respected previous support turned resistance at 4150, I do expect a potential push downwards back to the previous swing low...
Hi Traders, welcome back to another workshop. RSI is one of the most common tools amongst short-term to pre-empt 'Overbought' OR 'Oversold' condition. Despite being a momentum indicator, but its commonly used to capture reversal trades. In this video, I'll be listing out some of the methods i personally use, to make sure I'm in sync with the latest market...
Hi Traders, here comes another Trade Recap on GBPUSD, missed out some really great opportunity. But hey! There's always more setup. If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content. Take care and trade safe. All the content I've posted are for educational purposes, please perform...
Hi Traders, this is actually the first time I am doing a Trade Recap, sharing with you setups that I've taken the day before. Through the Trade Recap, hope you'll gain some insights into Price Action trading, and different perspective of me tackling the markets. If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx...
Hi Traders. BABA stock price has been plummeted for over two years, since the high around $320 on Oct 2020, right after the Covid-19 recovery was exactly when we notice BABA started dropping steadily. Well, there are lots of reasons causing the overall Bearish sentiment on BABA, regulatory crackdown, Covid-19, tech crash, lockdown, antimonopoly, and what happened...
Hi Traders. One of the biggest doubts for most investors for the current time is definitely "is the worse yet to come?". I do not have a secret pill to when will the markets turn, but i'd say while it's important for us to stay optimistic, it's relatively vital for us to anticipate the negative scenarios too. Market has been in a bear market for several weeks...
Hi Traders. DXY has been extremely strong, every minor pullbacks just act as a value zone for buyers to push it through new highs. While the market is now almost visiting 103 key major resistance again, let's see how price responds to 103 resistance zone for now. If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx...
Hi Traders. In today's AUDUSD market breakdown, I'll be talking about various scenario that I'm looking at, and how could you take advantage of it. Price levels I'm paying attention for potential long opportunity right now 1. 0.7140 2. 0.70 (Major support structure) If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx...
Hi Traders. To have a better clarity on this market breakdown, feel free to go back to the previous analysis on Silver. On Friday, i talked about potential selling opportunity on Silver around 22.50, which worked out well. Today, as price is again approaching 22.50 resistance zone, rather than taking action, we'll be observing how price responds to the 22.50...
Hi Traders, here goes another market breakdown on Gold. I'm personally being very flexible on gold especially as a day trader. Multiple scenarios I'm looking at 1. The way price again approach back towards 1880, if price breaks above 1880, that's the primary sign of bullish continuation 2. Another rejection at 1880 will signal weakness in the market,...
Hi Traders, here comes another market breakdown on Silver (XAGUSD). Silver has been in an overall broader range/ channeling formation for some time. Recently price attempted to dip below 22.50, went towards 20.50, but immediately bounced back to 22.50 again forming some tight consolidation. This type of market condition is usually when i will take a step back...