UnknownUnicorn9610108

UnknownUnicorn9610108

No clear direction yet for the Au200 although Higher time frame trend remains bullish but price is trapped into a consolidation phase. Needs to break to either side in order for a possible trade opportunity to be given.

UnknownUnicorn9610108

Price trigerred my sell entry. I expect price to create now a lower low on the daily time frame after this daily timeframe pullback wave of creating a lower high gets to an end.

UnknownUnicorn9610108

Similar to my analysis on GBPUSD, EURUSD has been trending lower for the past few weeks which indicates that we still trading in a bearish market. As noted on the chart. Price is doing now what I like to call a true daily pullback. However, similar to GBPUSD, we can note that such pullback is coming with a lot of bullish momentum therefore a trade could not be...

UnknownUnicorn9610108

As marked on the chart, USDJPY is trapped in a consolidation range which seems to be a Wyckoff accumulation phase, which if true, it could mean that soon prices are expected to push higher. Another confluence, especially for chart pattern traders is that what seems to be an inverse head and shoulder has been printed on the daily chart. Not only that, but the 1...

UnknownUnicorn9610108

GBPUSD has been trendling lower for the past few weeks after printing a swing high on the daily chart. Although price reached a key important support level on the past few days and bounced nicely, it showed signs of weakness and that prices could continue lower as the bears still have control of the market. As we can see on this picture, price is now doing what I...

UnknownUnicorn9610108

Nasdaq is in an area where there is not much structure (uncharted territory) so the trading opportunities are unclear, at least for long term opportunities. However, on the minor timeframes it is already showing market shift sentiment to bearish. It is important to understand that this could be a risky trade since the overall major trade remains bullish. Which...

UnknownUnicorn9610108

Uk Oil reached my PRZ zone and gave a good rejection to it. Waited on lower timeframes for a break of structure and also confirmed, which could be an indication that this up wave is about to end for a while in order to create a Monthly pullback. I will keep an eye on how price action moves and how the Monthly candle closes in two days. COuld be a great short...

UnknownUnicorn9610108

Silver prices are reaching my reversal point as predicted before, if a reaction occurs around that area I will start looking to get into buy positions for a long term/ position hold trade. If a confirmation is given, next wave could push Silver prices to new highs. I guess gold could also follow but I haven't analyzed that chart. Keep an eye on Silver this year....

UnknownUnicorn9610108

Price failed to break previous low creating today a higher high on the daily chart, indicating a possible market structure shift. RSI three touch bullish divergence. Market structure broke previous minor resistance adding another confluence. Overall bigger trend is bullish while minor trend is bearish. Looking for a break of the flag and continuation. Usually this...