Hold on to your hats. EU looks like it wants to drop so bad! lol i am here for it! I will be watching this thing on Sunday as soon as market open to get into a very good position. 50MA is right about price. This may help price push down. Please keep your eyes on this one.
Looking for GJ to finish the pullback and continue up! I am excited about this because we can get in before the neckline. We can trail for a long long long time if we like. YEY!!
USDCAD is looking so so good with this beautiful head and shoulders. I am absolutely excited for everyone to see how beautiful the price is just moving so smoothly. I would let price pull back a bit before entering so you can get the best pips collected.
On the monthly price so far is not interested in continuing to the upside. I think price will have to pullback in order to continue its uptrend. We will be on a pullback for a while till at least the monthly order block or around the monthly 50% fib
Monthly time frame price broke a huge inverted head and shoulders neckline. Now price is looking like it wants to start the retest phase. On the smaller time frame like the 1 hour I see that price is on a nice bearish trend. I hope to enter when price pulls back to the 1 hour order block or supply ara. I will be exiting around the 0% fib or the weekly low.
I am expecting USDCAD to keep dropping. On the 4 hour time frame you can see that we did have a huge rejection candle faking the sellers however on the same note there was another rejection candle faking out the buyers. This gives me reason we still have room to keep dropping. Also the 50 MA is above price. on all time frames including the m15.
Gold is retesting the neckline of the Inverted head and shoulders pattern. The 50 MA is still under price and the Dollar is still dropping. Most of the time the dollar (DXY) moves the opposite direction of GOLD. I am looking for a small pullback to the 4 hour order block (blue box) before entering the trade. I am looking to hold to the 0.0% fib or more.
No significant changes to the market structure. Still keeping an eye for sell entries. We are way under the 50 MA. on both time frames the 1 hour and 4 hour. Price just faked both sides of the market. putting everyone in shakeville central.
GJ Is in an overall sell. But when i go into the smaller time frames we still in counter trending phase. I have two options. Just for the people that are intraday traders.
GOLD - Weekly and Daily has same direction! (Bullish) However the 4 hour is still pushing down. We will wait for the 4 hour to align with the bigger time frames. On the 1 hour and 15 min will be looking for signs of an uptrend and maybe a liquid grab. (fake out to the downside)
2 year trendline is broken. Looking for buy entries.
GJ dropped last week price need to recover from that fall. I am looking for price to fly up to the double top neckline
Looking for a very beautiful drop to the downside early this week. We have a head and shoulders on the 1 hour time frame. Sellers are holding strong
Hey guys!! I dollar haven't pushed down yet. I think this current week we will see more of the dollar pushing up so close that gap. Inverted head and shoulders pattern on the 4 hour time frame. USDxx should continue up for next week. On Sunday price MIGHT pull back a tiny bit before the big push up.
My directional bias is a sell from the dollar. that means i will be looking for and pair that has USDXXX in front of it to go down as well. I will be looking for buys for anything that has the XXXUSD in the back of its pair. price is at the neckline of the triple top. and is slowly making marking structure breaks to the downside.
Last week we had news that dropped the dollar all the way past last month's low and the triple top neckline. usually when price breaks any type of market structure more times than not price will go back to retest the area where it broke. I am looking for price to push back up at lease to the monthly low or back to the neckline. When price gets to these areas, I...
I am looking for USDCAD to finish the pullback. on the bigger time frames we are on an overall uptrend. we are such in a great place. you can even enter now. but i might just enter a tinny entry like a .2 %
I am looking for a pullback to the downside. price broke the main weekly support area. I am looking for a retest back up before the push down. I think one of US news will push it down very quickly. We need to be ready in the London or New York.