Monthly ranging and hit into strong support.
Weekly and daily are in downtrends.
The closest daily level is at 114.62 at the previous consolidation zone and the 1H 200EMA is not far behind.
Look to short at those regions. Tier 2 shorts because consolidation patterns are strong..
Monthly ranging and target 0.802.
Weekly strong uptrend.
Daily strong uptrend after recent break-out.
But consolidation above key level at 0.776 has been broken/failed therefore expect a deeper retrace.
Tier 2 long because of successful 4H break-out and that more factors are in favour.
Monthly ranging and hit into strong support.
Weekly and daily are in downtrends.
The closest daily level is at 115.96 and the 4H 200EMA is not far behind.
Look to short at those regions. Tier 2 shorts because it coincides with a nice monthly level that's approximately top of range.
Uptrend on Monthly and Weekly.
Ranging on daily.
At a key monthly level and has found support last few weeks.
If price breaks above 200EMA and holds and consolidates and breaks out, there's a good long.
Tier 2 long because aligned with monthly trend and weekly trend, at bottom of daily range.
Monthly downtrend. Close below key monthly level after testing it recently.
Weekly range.
Daily range.
The 0.672 level was offering resistance for a good short at top of range last week.
Coming into this week since price has collapsed significantly, there's now an opportunity to add to the short on consolidations below the 200EMA.
This is Tier 2 because we...
Downtrends on monthly, weekly, and daily frames and price attacking key level at 75.
Lots of downside movement possible.
Expect either price to consolidate below 75 for a short OR price to retrace to 1H 200EMA for a short.
Either way it's a Tier 3 short because trends are aligned.
Very strong monthly, weekly, daily downtrends.
Huge yearly consolidation + break-out pattern for GU.
This thing is on track to go below 1.00.
Look for a break-out failure to short.
This is a Tier 4 trade because all trends are aligned and on the monthly we have closed below the 1.481.
Monthly is ranging and price hit into a strong support region.
Weekly is in a strong downtrend.
Daily is a strong downtrend.
If price falters at this level or above at 200EMA or higher at 170.2, we have potential shorts.
They are Tier 1 shorts because monthly is ranging and we are close to a strong support level.
Monthly GBP/CAD is in an uptrend but it faces strong resistance at the 2.07321 level.
On the weekly chart it ranges between the 2.08 and 2 region.
Daily chart we are in a range/ mild downtrend.
Watch for a return to the 1.988 region for a potential Tier 1 long trade.
It is tier 1 because the trends are mixed and price rejected a monthly key level.
EUR/USD is in a mess.
But downtrend on monthly remains intact and price is ahead of a key level.
Ranging on the weekly chart + uptrend on daily -> potential reversal trade from key monthly level.
Look for price to spike into 1.144x region and reverse for a short.
Tier 2 because of monthly trend + monthly level.
Fresh downtrend on monthly.
Downtrend on the weekly.
Downtrend on the daily.
Price ahead of key level at 127.2 which is likely to break.
A quick bounce to 129.87 area without a change in D1 trend would set-up a Tier 3 short because trends are aligned.
Downtrend on the monthly, but stuck at a key level.
Downtrend on the weekly.
Ranging on the daily.
0.73260 will be a key level to watch for shorts.
Tier 2 trade because downtrends on major timeframes, and target zone coincides with top of range.
BTC/USD: On the monthly charts, we are in a range. Price was rejected at the 437 level, this puts 295 back in view.
On the weekly we are ranging.
On the daily we are ranging, and price appears to have broken out of a triangular range on Friday.
A Tier 1 long to 437 region is possible. Trade management: take some off at 437 on reversals. If the 437 region...
On the monthly XAU/USD has entered a ranging mode, this puts 1400 in view as a potential top of range.
On the weekly chart, we have entered a fresh uptrend.
On the daily chart, we are in a strong uptrend.
A sharp return to the 1190 level would generate opportunity for great long.
A slower return to the 1190 level would be less favourable and I would expect to see...
On monthly chart, SPX500 has entered a ranging mode. Price is at the bottom of a obvious range.
On weekly, we are in a downtrend.
On daily, we are in a strong downtrend.
Overall, it looks like the market has found an intermediate bottom around here.
Following the basic pattern of EW analysis, it's likely that price will bounce to above 1948 for a potential...
Initiate first short at 4H 200EMA or 1.46 on faltering signs.
Add to position as trade develops.
When price moves below weekly VWAP, consolidates and breaks-out, add to full size.
Tier 4 implies 3.75% risk.
Clear uptrend on the weekly and daily charts.
Price broke out above consolidation last year and is holding above.
Consolidation and break-out allows for clear opportunity to add size with clearly defined risk.
