HEY GUYS. NOT A TRADE SETUP AND/OR RECOMMENDATION YET. THIS TL IS IN FOCUS TODAY INTO BOE. LET'S SEE WHAT HAPPENS. IF WE GET AN UPSIDE BREAK OUT THEN MY FOCUS WILL SHIFT TO BUYING DIPS AFTER TL RE-TEST. IF WE GET A REJECTION AGAIN, MAYBE LOWER PRINTS ON THE WAY, SAY 2820-2840. THIS IS JUST FYI, A MINOR MARKET UPDATE. GOOD LUCK!
HEY GUYS, HOW IS IT GOING? HERE'S A SETUP IN EUR AUD, RETAIL IS MASSIVELY LONG IN EURAUD SO I EXPECT FURTHER LOSSES. SHORT SELLING FROM CLOUD RESISTANCE, AS SEEN ON THE CHART. DETAILS - SL/TP - SEE CHART. GOOD LUCK, AND LET'S MAKE SOME MONEY ON THAT TRADE, THANK YOU ASGCORP
HEY GUYS, HOW ARE YOU TODAY? HERE'S A NICE TRADE SETUP IN GBPJPY DAILY. WE GOT COMPRESSION INTO MASSIVE SYMM TRN ON DAILY CHART, WHICH IS HUGE. POTENTIAL UPSIDE BREAKOUT TARGET FOR BULLS IS 143.00. IS IT POSSIBLE THAT WE GET A DOWNSIDE BREAK OUT? YES. BUT. THE PRIOR TREND WAS STRONG UPTREND. THEREFORE I FAVOR UPSIDE BREAKOUT AND BULLS TAKE OVER AND THEN WE HIT...
HEY GUYS, WHAT'S UP, HOW ARE YOU TODAY? HERE'S AN IDEA ON UKOIL (BRENT). DETAILS SEE CHART. NOTEWORTHY PRICE/RSI DIV ON H1 SIGNALING REVERSAL/WEAKNESS. I EXPECT PRICE TO MAX OUT VIA 3 DRIVES PATTERN NEAR 63.40-60 AND MY TARGET IS 61.00. USE A TIGHT STOP LOSS AND CONFIRM 3 DRIVES IS COMPLETE BEFORE ENTERING ON SELL SIDE. GOOD LUCK AND LET'S SEE WHAT WE GET! ASGCORP
HEY GUYS, THAT'S WHAT I'M LOOKING AT IN UKOIL 1HOUR PRICE CHART. REPEATING PATTERN, THIS IS NOT EW, HOWEVER LOOKS SOLID AND INLINE WITH MY 3 DRIVES SETUP POSTED PREVIOUSLY. MILD WEAKNESS NOW IS CONFIRMED VIA PRICE/RSI DIV.
HEY GUYS, THIS UPDATE WAS REQUIRED, SINCE WE HAVE A BEAR SIGNAL ON H4 - PRICE/RSI DIV, SO I'VE DECIDED TO UPDATE MY ANALYSIS WITH THE LATEST DEVELOPMENTS IN PRICE ACTION. LOOKS LIKE BULLISH TL IS UNDER ATTACK AND MOST LIKELY GOING TO BREAK THIS TUESDAY. THEREFORE I'M DOWNGRADING EURUSD TO NEGATIVE OUTLOOK THIS COMING WEEK. IMMEDIATE TARGETS ON SELL SIDE: 1100...
HEY GUYS HOW IS IT GOING? LOOKS LIKE GBPUSD BULLS ARE FINALLY GIVING UP AS THE BULLISH 120MIN TL IS BROKEN NOW AND BEARS ARE GETTING MORE SPACE FOR MOVES NOW. WEEKLY BALANCE @ 2910 ALSO BROKE DOWN SO NEXT LOGICAL TARGET IS WS1 @ 2840 IF WS1 FAILS TO CONTAIN SELL SIDE PRESSURE WE ARE LIKELY GOING TO GET A PRINT @ 2700 LATER THIS WEEK. BASED ON THE ABOVE + THE...
THIS IS A MAJOR SIGN OF STRENGTH IN DXY. DB NEAR 97.20. COULD SPELL TROUBLE FOR FURTHER GAINS IN EURUSD THIS WEEK. I WILL UPDATE MY EURUSD ANALYSIS SHORTLY. TAKE CARE AND STAY SAFE. I RECOMMEND PLAYING GU ON THE SELL SIDE TO KICK START THIS WEEK.
BIG PRIZE TARGET IS STILL 1220-1240, CAUSE IT'S A STOP LOSS CLUSTER, BULLS WILL TARGET THIS LEVEL NEXT 6-12 DAYS. HEY GUYS, DETAILED COMMENT SEE CHART. JUST KEEP IN MIND THAT MOST LIKELY WE GET REALLY LOW VOLA ON FRIDAY, BIG BANKS WROTE 10 BLN USD WORTH OF OPTION INTO MARKET THEY WILL COLLECT PREMIUM AND KEEP SPOT RATE UNCHANGED. THAT'S A GREAT GAME FOR THEM. BIG...
SOMEWHAT CONFLICTING OUTLOOK TO MY DXY DAILY CHART, HOWEVER THIS DAILY TL IS PRETTY STRONG. SO WE CAN'T RULE OUT A BULLISH SURPRISE IN EURUSD AFTER FOMC. ALSO RETAIL SSI DATA SHOWS A LOT MORE SHORTS STUCK IN EURUSD COMPARED TO LONGS. SO THIS COULD BE EXTRA FUEL FOR THE SHORT SQUEEZE. HOWEVER, I'M PUTTING A NEUTRAL OUTLOOK ON EURUSD - 2 REASONS. ANY RIPS//PUMPS...
EURUSD H1 TL BROKE AND FLIPPED TO BULL MODE NOW. DETAILS - SEE CHART. I'M NOT RECOMMENDING BUYING NOW, BUT MAYBE LOOK FOR HORIZONTAL UPSIDE BREAK OUT BEFORE FOMC.
EURUSD TARGET UPGRADED TO 1.1240 NEXT 4-6 DAYS. BUY DIPS IF ANY.
GOLD SHORT-TERM TARGET FOR BEARS 1440-1460
XAU USD REJECTION FROM D1 ICHI CLOUD 1440//1460 D1 REJECTION FROM CLOUD WITH PINBAR CANDLE
OR ADD SELL STOPS BELOW RANGE LOWS TARGET IS 2700//2740. GOOD LUCK, TRADERS!
TRN IS GOING TO BREAK DOWN SOON, MAYBE TODAY OR TUESDAY THIS WEEK.
AMZN TARGET 4000 IN 24 MONTHS. ACCUMULATE NEAR LOWS. AMAZON IS UNDER STRONG ACCUMULATION RIGHT NOW. LOAD UP ON BUY SIDE NEAR RANGE LOWS. DETAILS SEE CHART. MASSIVE BULL RUN AFTER NEW ELECTION CYCLE AND AFTER US/CHINA TRADE DEAL GETS DONE.