chestephens1

chestephens1

Today 4/14 DXY broke through the support level of 99.19 which was created 4/1/20. With the current trend of news and shut down of the economy I believe that the DXY will DROP to 97.88. Confirmations: on the daily outlook DXY is at .50 at FIBS levels and is likely to retrace to .382 which will be 97.88. The bottom floor is 94.64. MA 150 (black) is hanging...

chestephens1

Today 4/14 DXY broke through the support level of 99.19 which was created 4/1/20. With the current trend of news and shut down of the economy I believe that the DXY will DROP to 97.88. Confirmations: on the daily outlook DXY is at .50 at FIBS levels and is likely to retrace to .382 which will be 97.88. The bottom floor is 94.64. MA 150 (black) is hanging...

chestephens1

Today the 50 MA crossed over 20 MA confirming a somewhat bearish trend. MA 150 floating over the TOP of both 50 & 20 further confirming Bearish trend OPEC NEWS Wed will confirm bearish trend and DXY also having trouble closing over 100.86 Will update this Wednesday after news to confirm Shorting until 1.4000 as well Entry: 1.40928 #recession2020 is about to...

chestephens1

DXY had a lot of resistance @ 99.70 early in the week at the end of Q1. It surpassed and is having some new resistance levels @ 100.86. I expect DXY to rally up to 101.04 or slightly higher and retrace to further confirm a weak dollar and true begin of the decline of the DXY to lower low levels of 97.88. MA 50/20 to confirm bearish on 4HR MA 20/50 on the daily...

chestephens1

As of recent gold has been in a heavy bearish trend. I can anticipate with my MA of 2 BLUE/50 RED/150 BLACK that the bulls are ramping themselves up for a holiday run into 2020. FYI election year 2020 will produce new highs on gold of 1575 in the 1600 region. my X pattern top off at the highest high 1557 (Sept 2019) and the lowest low 1275 (may 2019) **...

chestephens1

Went long this AM expecting a 1494-1500 rerun from 1484 but NOPE went deep south and running

chestephens1 Updated 

As we know Gold took a MAJOR dip/short run yesterday 9/25/19. I anticipate that the bulls will be in full force today to buy back that gap and get it ot MIN 1510-1515 levels in hopes for the 1520 range where it tends to sit on avg. if all hell breaks loose in opposite it ill tap 1494 then bounce back to the 1505 levels....

chestephens1

USDCAD has been on a bullish trend for the past week and it is has come to a resistance level at 1.334 that it cannot top. My initial entry was at 1.332. I hope to hit 1.322 today or Friday 08-30

chestephens1

It looks like gold wants to retest 1528 after the false breakout @ 1535. Bull will start the market this afternoon then bears jump in Monday morning for a retest to 1505-1500. After the support level of 1500 it should turn bullish back to the current price of 1515 then bull run to 1550! get ready for higher highs!!!!!!

chestephens1

After Gold broke out at 1500 it hit a high at 1520 and hit a sharp retrace which i believe it will consolidate out and turn bearish to 1497 first TP then 1485. Don't fret it will bounce back and we should see 1600 by AUG.24. THE RECESSION IS HERE!! TRADE ACCORDINGLY

chestephens1

bears and bulls fought but bears won this round as UC saw a sharp dip in Price action from 1.326 to 1.318 and bounded off twice. Should see some lower lows for the remainder of the week 1.29 OTW!

chestephens1

First off I'd like to say congratulations to BTC for finally reaching 5k (again)! The overall trend of bitcoin is in a bullish market but I am noticing some consolidation beginning/will form in the upcoming hours. Once BTC hits the peak of 5299 it will slowly begin to retrace back to 5175 {APRIL 6th Price action}. It will fight with the bulls to turn the overall...

chestephens1

Over the past month the USDCAD pair has undergone a bullish breakout trend starting April 9th. April 9th passed the 2018 resistance level of 1.33133 which placed the trade in a bullish trend. IT has tested this 1.33133 level twice and I believe it should be on the breakout to 1.34023 initially and a final high of 1.34600. I wish will initiate a buy order at...

chestephens1 Updated 

slightly consolidation until pair hits 1.3387 resistance levels. Will fall into bearish trend hoping to hit 03/13/2018 target price of 1.2981 within next 30 days. fibs to support.