LittleSovi

LittleSovi

Text book example of what a down trend is. 3 points touched in the trend line channel and lower lower higher low. It's a risk to go long on usd jpn

LittleSovi

Price broke the floor recently and is bouncing back and may break thru next year. Positive outlook in Philippines as the businesses are recovering and proper covid management.

LittleSovi

All information prices in. Strong down trend. The economics of China because of its policies and rampant covid in China issues. Until something changes, I see no change in the trend.

LittleSovi

Fundamentally, the company is strong. From pandemic till now its earnings just keep growing. Hence the company itself continues to make money. Price action, however says its downtrending which makes sense in that Elon did sell off a lot for twitter. Once that normalises, the price action will again follow the fundamentals. As long as Elon is the lead, I can...

LittleSovi

I can say that it may seem correct for me to put these channel in because it fits the pattern that I'm biased in based on the demand line, floor, support trend. And it does fit the rise in the trend. But keep in mind, it is not 100% for certain. Know that the trend while it keeps moving up, it could also go down eventually. So when you buy x sell, bid or ask,...

LittleSovi

3 points touching from the end, is where I would start. Analysing backwards. Because the top ceiling is not certain by trend line, I keep it open since I can't put a 3rd one yet. No near point of reference to touch. One thing for sure based on the trend is it will continue to rise. Now versus my previous post where there's so many lines, that one doesn't...

LittleSovi

Trendlines, to me, express the best as to how to enter the forex market. But, too much will only work for you. Keep it clean, keep it simple, keep it 2 lines confirming 3rd. Else, take it out. The average range of a spike is 10 so making a stop loss over or double that number will help you. Just note to check your trade atleast once every 4 hours. The true...

LittleSovi

Orange initial trend down, broke to an uptrend by yellow and gained momentum by pink. Trend lines shows possible range in the trend in their direction giving one a possible entry point. As forex will continue next week, expect continued momentum. Happy new year. As all information is priced in.

LittleSovi

All info priced in the price action. Basic cycle shows us the bounce before it goes up. Perfect place to enter the uptrend.

LittleSovi

As all information is priced in, the 4h behaves as expected. Long up, short down, long up, short down, and from here it is expected to go up. That is the basic cycle of euro usd based on the trend.

LittleSovi

As expected of our daily trend it goes up inching for a new high. As all information is in the charts. It is expected to continue following the cycle. Basic is high high low high and this shows it.

LittleSovi

All information priced in the price. China has one main issue and that is how to deal with covid because it seems to repeat. China has hopes as it can still bounce to the ceiling, but what ever policy is set; drives their economy. Here's my prayers to the Chinese. Zero covid isn't working because people get sick, but they also get stronger. Exercise and...

LittleSovi

All priced in, weekly shows a very strong bear trend. We're currently on 2nd phase where on pull back before it may continue to go down. In between of these, the price is volatile. D1 confirms. 4h confirms.

LittleSovi

All is expressed in price action. Price went on a strong bear run but went on a pull back. But not yet breaking the ceiling Price. It could be momentum to try and break the floor Price further mode. As the cycle goes, longer first phase, short pull back, longer phase again, short pull back. But here we're only seeing one cycle. If things continue to go...

LittleSovi

All news priced in. D1 is made of a lot of 4h bars and as we analyse a d1 uptrend, it's a bit more noisy in comparison but confirms the break in previous high and we have now atleast 2 cycles of an uptrend in 4h. When d1 and 4h agrees, it's a really hard trend to go against.

LittleSovi

All news priced in. As we predicted yesterday's bar broke the previous day's high. And as price action has a cycle. It went to a down phase but far above the resistance. And is now rising again. We're in a new minor continuing uptrend phase. And will confirm this with our 4h bars

LittleSovi

As expected, our idea is confirmed as eu usd goes up and continues to trend. Something to look forward to this January.

LittleSovi

W1 shows one cycle. But without another, we can't say for certain there's a down trend. D1 shows a break of a previous high, but lacks enough information to establish if there is indeed a trend. Let's wait a few more days and see what price action says and the news. So far, Philippines has been a prime destination for tourism. Expats exchanging dollar to...