OrganicFX

OrganicFX Updated 

What are your thoughts? Is this the last chance to get on board $HNT before the next bull run? We've been tracking this pair very closely for quite some time, since hearing about it through the Helium mining craze that is taking off throughout the world. Haven't heard of Helium? Just do a quick google search and you'll see what I mean. I love this crypto...

OrganicFX

Hi Legends! Everyone's been chatting for a while on what's happening in the Crytpo space hey. Just my luck, being a Forex trading veteran, just when I dive into the Crypto space it enters a bear market hahah And I don't short Cryptos yet, not because I don't know how, but it freaks me out hahah. I can short the CAD/JPY or any range of pairs in the Forex market...

OrganicFX

Eyes On $Rune... That is all... Disclaimer: just ideas, no crystal ball, definitely not advice, DYOR

OrganicFX

After a strong rally that made ATH's since the previous post, HNT has now corrected back down to the demand zone and bounced of the trend line. Couple that with a nice-looking piercing pattern on the daily, and a higher low on the smaller timeframes and it looks like we setting up for another rally... Will be interesting to see what happens next. Cheers and...

OrganicFX

Over the last year or so HNT has made a very solid structure and shape of a trend. Higher highs, and higher lows. I love the fundamentals of this coin and I've been accumulating on any pullbacks. It looks like we've seen another one over the last couple of days. Really nice correction into a strong support area, which got bought up big time. If we see...

OrganicFX

What can I say here, my thoughts are on the chart. Good luck and trade safe Cheers Dale

OrganicFX

Last week we identified a bearish candlestick reversal pattern on the daily that suggested that we would see weakness in EURUSD The pattern has played out very nicely. With Wave C/3 now at 100% of wave A/1 right at a previous support zone, it will be interesting to see what happens next. No sign of the 1-4hr trend ending yet, but I'm watching it like a hawk to...

OrganicFX

Hi Team, As discussed on last night's FX market scan it looks like many pairs have completed their trends and are now in correction mode on the daily. This gives us an opportunity for some counter-trend trade on the smaller timeframes. I'm liking EURNZD long here for a "C" wave up. Cheers Dale DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The...

OrganicFX

After a solid uptrend that broke some significant weekly resistance zones and market structure, the EURUSD looks to have found a top and is now in correction mode on the daily. I'm expecting further short-term weakness to test the previous structure before Euro decides its next move. You'll notice that the EURUSD is usually inversely correlated with the DXY, so...

OrganicFX

After a solid downtrend that broke some significant weekly support zones and market structure, the USD index looks to have found a bottom and is now in correction mode on the daily. I'm expecting further short-term strength to test the previous structure before DXY decides its next move. It's not common to trade this index by itself, however, it's a really...

OrganicFX

During last week we were tracking the EURUSD correction and wanted to see evidence of buying activity to signal a resumption of the long-term uptrend. We got that around previous support levels and saw a nice impulsive move up. Then on Monday's FX market scan, we were tracking what looked like a bull flag on the smaller timeframes, and a potential head and...

OrganicFX

After an impressive run up over the last few months, BTC has made an impulsive move down, which looks to be a clear End of Trend signal IMO The Perma-Bulls will probably try to buy this up and try to test the highs, but it feels like we've got a fair bit more downside to go to me. I'm thinking a pullback to the 0.38 Fib retracement and round number 40,000 level...

OrganicFX

After a nice breakout of the long-term downtrend channel over the last few weeks, Dollar Yen looks like an end-of-correction on the 1-4hr today for another long entry. Looks like there's plenty of room to the upside and looking for a test of the top of the falling wedge trendline. Cheers Dale DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The...

OrganicFX Updated 

Although I don't often trade Crypto, a friend asked me what my take is on Dogecoin. Since it's so new I'm not sure if these technicals are valid, but after some extremely overbought characteristics, it now looks like it's in a correction to me, and is trying to form a base around previous support levels. If we see an impulse up it could be a good long entry I...

OrganicFX

After a 4 year Expanding Triangle corrective move from 2017, EURGBP made an impressive impulsive move up in early 2020, followed by a corrective move ever since. We are now at some significant Fib retracement levels and it is decision time for this pair. Either we find some support around here somewhere and start to see an impulsive move up which would signal...

OrganicFX

It's not often that you nail a perfect trade, but when you do it's like when you hit a golf ball down the fairway with a One wood and it makes that beautiful Ping sound hey!! That one beautiful shot keeps us coming back for more! We identified this Kiwi Yen Long on last night's FX Market scan. I got stopped out on the first entry during the European open, then...

OrganicFX

Markets seem to be positive this morning which could be the start of a "Risk-On" theme for the week. The commodity currencies are showing continued strength and Yen is weak across the board. AUDJPY, NZDJPY, AUDUSD, NZDUSD etc. longs all look solid with no signs of the longer-term trends ending jumping out to me. I'm stalking an AUDNZD long We'll discuss...

OrganicFX

As we discussed on Monday's FX market scan USDCHF looks like it's finished its correction and is making another run to the downside on the daily. See you on the next call in Market Mentor on Monday at 5 pm AEST Cheers Dale DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes...