nomadtrader02

nomadtrader02

75-76 zone is a perfect one to join a bull extension party. Also an excellent low risk long trade entry. From this point an extension higher to 100 is extremely possible.

nomadtrader02

$DAX is reaching the peak of two Pitchfork channels 16000 and is being rejected by it. This is the opportunity for a short trade entry wit the stop loss above 16000

nomadtrader02

$USDJPY is pulling back after the break below the uptrend line and could test 108. We need to see a reversal from here to avoid this and a break above 110 again.

nomadtrader02

$HG_F #Copper is still within an uptrend supported by an uptrend line 4.0900 and this is a key level for the reversal pullback lower or continuation upside. There is also a reversal H&S potential and we need to see a significant break above 4.33000 to invalidate it

nomadtrader02

$EURUSD is testing the strong support confluence of the consolidation wedge and channel support 1.18300. Bounce from here is required for the upside reversal.

nomadtrader02

$DXY is testing the strong horizontal resistance 93 coupled with the falling trend line. Enough to spark a lot of volatility here because downside will pressure. Range play between 89 and 93 is expected to continue here so be careful with #USD long

nomadtrader02

$NASDAQ is moving inside the bullish wedge and bz recently breaking above the ascending triangle 14100 is opening the road to 15000-15500 zone

nomadtrader02

$BTC.X has found support at the known support trend line 30000 for the second time and this can produce another range swing upside #Bitcoin and a test of 365000.

nomadtrader02

$DXY 5waves down is still a great possibility #EURUSD 91 then 88 then 85-86

nomadtrader02

$EURUSD although below the 1.2200 is still firmly supported for the upside extension. Support zone spans from 1.2050-1.2100 and it is questionable whether the FOMC meeting will spark any volatility and direction or we will see further ongoing consolidation the whole week.

06:30

nomadtrader02

In this video, you will see the importance of the Elliott Wave and Price action trading analysis on the $Nikkei example and what trade to place

06:41

nomadtrader02

You can see in this video analysis is this a level where we expect #ETHUSD to pull back and where to look to build another buying position in this strong trend

nomadtrader02

$DXY final support/downside resistance test and some turn could be seen tomorrow. USD is poised for a reversal across the market

nomadtrader02

$Bitcoin will not probably settle down until it tests the 44500 level of the possible upside support. Do not rush at building a buying position here.

nomadtrader02

$DXY is reaching the key support level and the projection higher could be triggered after today's ECB meeting. EURUSD is being rejected by the 1.21000

nomadtrader02

$COIN similar to all the IPO-s before, first up and then down, wait for consolidation to be over before more upside

nomadtrader02

$ETH.X #Ethereum measured target after this base breakout is 2800

nomadtrader02

$BTCEUR is testing 49300 for a breakout higher to target 54000. Build your holding