TruWestFX

TruWestFX

I've been following the price for a while now and I think we might have a good chance for this pair to starting to rise again. Volume is steadily growing and the overall structure is giving a really nice bullish image worth considering and taking advantage of. Let's see how this develops.

TruWestFX

After a quite long distribution structure has taken place, this pair finally started to decrease as expected. You should be looking for sells here from the marked zone, with your tp set all the way to the bottom zone.

TruWestFX

We have seen a clear uptrend for this pair for a couple of weeks now and it doesn't seem to suggest that is going to reverse any time soon. I'm going to be looking for buying opportunities from the marked zone.

TruWestFX

I've been watching this pair for a while and noticed how long the distribution phase took to (almost) complete. I say almost because we are in a confirmation phase right now and I'll personally shorted from there with my targets all the way to 83.2/83.0.

TruWestFX

The DXY is bullish but it may have overextended so we could possibly see a retracement from the USD pairs. This one is a bit risky so trade with caution.

TruWestFX

Gold made a sharp upside move this Monday and I believe it might keep pushing upwards this week.

TruWestFX

Crude oil prices fell sharply ahead of the weekend, with a barrel of West Texas Intermediate (WTI) falling below $110.00 for the first time in three weeks. At the time of writing, the WTI was down 6.4 percent on the day, trading at $109.50. Investors are growing increasingly anxious about the prospects for energy consumption as major central banks continue to...

TruWestFX

Bitcoin is "currently" and clearly in a strong downtrend... people are selling and there is no reason you should be buying right now. Plus the overall crypto market cap dropped below 1T$ just recently. There is a lot of room down for crypto in general and don't let anyone tell you it will recover anytime soon!

TruWestFX

APE broke the 14.000 support and is now heading to the next potential buy zone, still not any potential buys in sight so I'd not advise anyone to buy any $APE for now... probably still more downside to come.

TruWestFX

After being stopped out yesterday due to the inflation news, my trade went straight to tp but anyways... The idea here is very simple, BOS, retest and confirmation. You could see this retest as a retracement towards the .786 if you draw the fibonacci, but as a matter of fact price is now over extended and gotta come down. I believe we have order blocks...

TruWestFX

Here's a not so quick analysis on USDCAD; price is showing a strong downside reaction in a Daily point of view (the short bias is valid also for a swing, I'm going to scalp this time for personal preferences) reacting around the 50 EMA zone, previously acting as a clear support (I don't normally consider EMA's as valid s/r if they aren't clearly visible. Overall...