justTheRookieTrader

justTheRookieTrader

The DXY(US INDEX) has been in a correction since February. It has been forming a diagonal structure since early July. The price has completed wave 1-4 of the diagonal structure. Wave 5 is pending. If the price breaks out above the trendline inside the diagonal, it could signal a sell trade to end wave 5 of the diagonal structure. The target is the wave 5 of the...

justTheRookieTrader

The DXY has been in a strong uptrend since the beginning of the year. The uptrend has paused recently, and the price has formed a flag pattern. This pattern is often followed by a continuation of the trend, so a buy trade at the breakout from the flag could be profitable. Entry: Buy at the breakout from the flag, with a stop loss below the flag. Target: The first...

justTheRookieTrader

The USDJPY has been trading within an ascending channel since mid-March. The channel is currently sloping upwards, but there are signs that it may be breaking down. The price has reached the upper end of the channel multiple times in recent weeks, but has been unable to break through. This suggests that selling pressure is building. The USDJPY has been trading...

justTheRookieTrader

DXY USD INDEX as lost momentum hopefully we see and continuation structure for the trend to resume

justTheRookieTrader

GOLD Hopefully the long awaited correction on GOLD we might see any continuation structure there or expect one

justTheRookieTrader

USDCHF forming an Ending Diagonal(Wedge) This correction will make way for an up trend

justTheRookieTrader

USDCHF forming a descending channel USDCHF is still correction

justTheRookieTrader

I think EURUSD Flag correction is coming to and end EURUSD will be drop more

justTheRookieTrader

EURUSD forming new possible Higher lows hopefully we should see EURUSD dropping to forming new lows too

justTheRookieTrader

GOLD might still push up to 2021.956 before dropping

justTheRookieTrader

EURCAD as formed a wegde and hopefully it might raise 1.27%(170 pips +) and retest the fib levels 50%-38%

justTheRookieTrader

EURCAD forming a inner and outer continuation structure it might raise 1.16%(150 pips +) and drop more than 3%(400 pips +)

justTheRookieTrader

USDJPY is forming a flag correction and the flag correction is almost complete

justTheRookieTrader

GBPUSD might go long for 2-3% next week if the US index(DXY) go short for 2% the probability is high so it might be possible

justTheRookieTrader

BTCUSD might drop 19% forming a flat correcting to short and continue being long again

justTheRookieTrader

GBPCAD Possible move still correcting and making ABC correction i think wait will be the best option to sell at the 50%-38% Fib levels

justTheRookieTrader

The Dollar(DXY) might be short again hopefully the correction will end soon to continue falling

justTheRookieTrader

Hopefully we should be excepting GBPCAD to be bearish soon