aemerydufoug

aemerydufoug Updated 

GU is following the flow, being a bit more resilient thant euro, but still, it's beeing hit pretty hard by dollar strenght. But, this trade could be taken just looking at TA, I entered it last thursday night after the wick that came to retest the 50% Fib level and the trendline, but, I still believe an entry could be made on the last daily candle. For those...

aemerydufoug Updated 

Like I've mentionned in the DXY weekly analysis earlier, I'm gonna to be looking for short on XXXUSD this week, and, what about this nice little daily candle?! EU has been ranging last week, debating on if yes or no it should keep on going south. Looking at the chart it seems like it has made its decision as it rejected the 1.750 - 1.800 level last tuesday,...

aemerydufoug

Gold is drawing a massive Flag, that could see it go all the way to 1500. After it went to 2050 and gat rejected two times in the recent years, the D point retraced to 1950, the 78.6% fib level, which isn't uncommun for gold as it likes to retrace deep. The 1500 level drawn on the chart is also the 50-61.8% Fib level of the uptrend that made up the flagpole. Looks...

aemerydufoug Updated 

GBPAUD has been going down for a while, since it broke the trendline last december, It already broke and retested the 1.75 area once, now we're are retesting the 1.75 level from the bottom. Buuut a beautiful H12 pin bar just formed, right under the 61.8% fib level, so, I'm going short, based on this candle with a RR 2:1, SL right above the H12 Pinbar Reasons why...

aemerydufoug

DXY looks like it finally finished it's correction down, after pulling a beautiful engulfing on the weekly TF, The engulfing sits on 4 major points of interest: 1) Retest of the 102 high from march 2020 2) Bouncing off the 50% Fib retracement from uptrend that started in may 2021 3) False breakout of Trendline (watch confirmation with reintegration above the...