Ordinarily, I wouldn't contemplate them... but these *are* extraordinary times. - G-Man A bank just went broke, oops! It was certainly something we expected. With money literally burning, these kinds of events are expected. So what might be ahead of us? The rate-hike schedule went relatively smooth sailing until now. But just last week something changed... When...
This here is a risky trade as its a counter trade. However, I'm willing to take a small buy risk, as a hedge against our sell positions. Market has been ranging nonstop for the past month & possibly could for another day or 2, so I'm expecting these buys to push back into the upper range & create an extended Wave 2. Buying Confluences: 🚫Market...
As the DXY crashes, USDJPY will follow suit and also crash over the next year. So far rejected our order block, now wait for a retest and enter more short positions. But don't forget, this is only the start of the CRASH👀 Much more downside to go📉
Like I said would happen last night, pin point to the T! Go back on my profile to check the last analysis I uploaded. Perfect breakout and now running 120 PIPS in profit.
USDJPY analysis still open & running 250 PIPS in profit, with more upside expected next month. This correlates negatively with Gold, which supports our Gold sell bias📉 I posted the buy analysis back in September, which you can scroll down and see attached! Drop a like if you agree, or let me know what you think✅
Oh boy, many of them problems... Sometimes there are cycles, some cycles are shorter than others. In chart analysis, we are familiar when we analyze trends. Either short term or long term. The economy does not function only in trends. There are cycles. The most common / important of cycles is the yearly one. Unfortunately, cyclic patterns may prove tricky to...
US GDP Q1 GDP figures were released yesterday and showed a significantly slower rate of growth that expected, printing an overall figure of 1.1% Q1 growth. The problem facing investors is that economic data suggests that inflation could remain sticky and the central bank is widely expected to raise benchmark rates by 25 basis points at its policy meeting next...
hello, here is one more layer of confluence, to back up my spx case. --- to the untrained eye, this looks like total, nonsensical chop, but to a space explorer, it can easily be viewed as a 3-3-3. what is a 3-3-3? glad you ask anon: a 3-3-3, is a very corrective structure, designed to kill time mostly- labeled w-x-y. wxy = double zig-zag these channel...
Place a sell stop at the green confirmation zone, let sellers accumulate positions & come down when they're ready. Analysis ONLY valid if price crosses our confirmation zone. Selling Confluences: 🚫Higher TF Selling Confluence. 🚫Markets Overbought With Choppy Price Action. 🚫Buying LQ Already Taken. 🚫5 Wave Impulse Move Complete. Drop a like/follow if you agree...
Spaaaaaaaaaaace! Let's make a quick party, also bring a cake to celebrate! Make it quick, because it's late and I am tired and I should be sleeping by now. We have reached the top of the world. Well, equities have. It is time for them to lose value big time. Their successor is here, bonds. I have talked about it extensively in my last idea. This is an urgent...
This here is a buy position I am looking at in the short term. We have seen Wave 1 of the downtrend start, since then sellers have been taking a rest. Sellers seem to be re-accumulating more positions for a move lower. There is a chance that we could see 1 more move higher towards HKEX:2 ,023 as long as Gold could hold above Wave B. Very tight SL. Drop a...
The US10Y is trading inside a Channel Down ever since its market peak on October 21st. The 1D technicals are neutral (RSI = 54.601, MACD = 0.300, ADX = 17.030) giving a mixed tone to the price action but based on the December-January Lows we can see the the Channel Down has one last dip to make before it bottoms and rebounds on the medium term. We will wait for...
Silver buys are holding up nicely & still holding their bullish structure. Running nearly £10,000 in profit. Long term we are still targeting HKEX:34 - HKEX:36 & possibly even higher👀 We'll see how price action reacts once it reaches our target. This analysis was posted live back in 2022! Drop a like/follow and let me know what you think✅
Similar to GBPJPY, GBPUSD is also getting ready for a deep corrective phase down towards $1.17. Looking for a move below the current Wave 4, in order for it to count as a healthy retracement. Selling Confluences: 🚫5 Wave Impulse Move Complete. 🚫Corrective Move Yet to Follow. 🚫Buying Momentum Choppy. Drop a like/follow and let me know what you think✅
As you all know from my previous analysis, I am already shorting Gold from 2040, with my targets being 1920, 1840, 1760. This analysis here is another view which you can use to enter Gold short's if you haven't already, from an SMC perspective. What's your bias on Gold? Let me know if the comments section and drop a like/follow!
Gold prices inched up after recent losses on Monday, remaining under pressure as fears of a looming interest rate hike by the Federal Reserve dented appetite for the yellow metal, as did a recent spike in Treasury yields.
Ahead of US Manufacturing & Service data release tonight, US10Y and DXY rebound and lead the crude price down.
good eve' --- decided to update my primary today, to further align with the current states of the market. my upside target remains the same, at 5.9%--6% into 2024, but i think we go slightly lower locally, into june before it pops. summer time is historically quite bullish in the market, so a slight pause on rates to align with seasonality makes sense. thanks...