Ocean98

Ocean98

DXY Dollar index has been consistently forming LL-LH on MTF as it approached internal protected/strong HL. we indeed expected that POI to be respected but judging from the momentum on HTF (like daily>) there's less chances of it being respected compared to it being broken so we do expect market to stay intact with shorts after the recent BOS. We can now look...

Ocean98

Hello Traders My thoughts on Crude oil on this busy week ahead. Crude Oil looks bullish on a HTF (MN;W & D). Market has recently mitigated our Valid HTF-POI. price can be further broken down into MTF-LTF for confirmed entries where we would look for CHOCH/MSS after tapping into HTF POI. we do have nice internal areas of interest that can be targeted for short...

Ocean98

DXY is Bullish on HTF Another fantastic example of what i was trying to explain on EU weekly trade review. Now some might be wondering why EU surpassed an internal LH that was protected and DXY won't. Well my theory is simply, DXY is still forming internal structure as it has not taken any swing structure out so it would make more sense for DXY to respect...

Ocean98

Hello traders, as we prepare for the week ahead; allow me to share my thoughts on EU. EU is still bearish on a HTF, we haven't taken out swing LH yet. but we are indeed seeing a swing pull back after the market broke swing lower lows. Following previous week with High impact news we expected a turn for EU on the internal LH but unfortunately the market violated...

Ocean98

Hello traders! I hope everyone is having a wonderful weekend. I am sharing a concept that's helping me understand why the market violated our marked MTF-POI. For every trade that doesn't play out according to my expectation, i need to hold my self accountable and understand why certain things happened and of course sometimes there will never be enough...

Ocean98

GU is Bearish on HTF Let's dive a little bit deeper on GU. GU has mitigated the HTF IMB but seems to be gunning for our HTF POI, by using previous internal HH(wick rejection) as IDM. Just as drawn on the charts, this will also be in line with our expectation with DXY review analysis and EU. most likely most XXXUSD pairs might see a drop during NY session due to...

Ocean98

EU is Bearish on HTF During Sunday Market Review we had previously anticipated a short position targeting swing lows, but mostly based on MTF/LTF structure, where we saw CH and a potential pull back to MTF/LTF POI. Unfortunately those POI and CH were all trap that were used to fuel bullish pressure to mitigate POI/IMB. mind you this IMB mitigation had happened on...

Ocean98

DXY is Bullish on HTF. Following our weekly market review where we had anticipated that the market might use MTF/LTF POI to fuel the buying pressure on DXY. We have seen selling pressure on Tuesday which ended up invalidating our analysis or expectation. With that being said nothing has changed on a HTF structure, we are still within the swing bullish leg on...

Ocean98

GBPCAD is Bearish on HTF. Well this is one of the pairs that gets my sugar level up, but still love to trade and analyze it. There's nothing much i can say but that i am currently tagged into shorts to this pair and i am looking forward to see how it plays out. Detailed analysis is highlighted on the charts: What are your thoughts?

Ocean98

GBPUSD is bearish on HTF. Last few weeks/months we have seen GU taking out last swing low which was a realignment with swing structure then correctively pushed to the down side until previous POI was mitigated and took LQ of the previous LQ-Trap. Then we saw bullish moves initiating the pull back phase. That's when we highlighted our internal swing points to...

Ocean98

DXY is Bullish on HTF. Well DXY has always been on our weekly watchlist not because we trade it but since it measures strength of the dollar and it provides confidence when trading dollar relative major currency pairs. on the 03 May 24, DXY played out as predicted where it mitigated the MTF-IMB then slowly went up. That's where we saw MSS or alignment with...

Ocean98

EU is bearish on a HTF. Current structure: the market recently made a pull back to the extreme zone (MTF-IMB) filtered with 75% FIB. After rejecting on this IMB we saw high momentum to the down side but not internal swing lows were taken out> meaning internal bullish structure is still valid until we see internal CH. We are presuming that the market might sweep...

Ocean98

EURUSD is bearish from the higher time frame perspective, we are currently seeing a possible C-zone pull to 1.1667-1.17054 range, from that point i will be looking at swing to capitalize on 268.7 Pips. our analysis is supported by the exponential moving average which are also pointing down wards

Ocean98

Dollar Index looks Bullish on higher time frames, we have seen the major breakout on the weekly chart, the market took out the previous Lower high and the 105 range. currently we see a nice retest on the both mentioned areas, i am honestly expecting the bulls to resume their buying momentum between the 2 holding support levels 93.468 and 93.271. the counter trend...

Ocean98

EJ has been one of my favorite pairs, the strong bullish momentum has started and we do expect this pair to continue making new highs but our trigger key are is the previous higher high. for the coming week i do expect the bulls to continue pushing up for new highs.

Ocean98

DXY looks bullish on higher time frames, we still have plenty of room for bulls to come and pick up the momentum to the upside targeting 95.96 as our first key area which also aligns very well with our weekly key area. but for the coming week i do expect to see a dip into the previous rage breakout. if you were to look at the weekly chart you would see a nice 105...

Ocean98

DSHUSD Looks bullish for the week ahead, i do anticipate a long bullish momentum to 597 or even beyond

Ocean98

LTCUSD Looks bullish for the upcoming months. we have seen a massive rejection on 78.6% FIB area, which confirmed a possible higher low formation, we then saw a clear break out on the falling wedge that was created as the market was tapping into a key FIB area. the theory is after a key area is broken, we do expect a retest of that area, which is what took place...