EURO is fundamentally weak which is also supported by the Bank's Forecast. Technically the price tested 100% of the sequence which is the 50/50 zone. After testing BC3, if the price breaks the previous low we expected the price to complete the full sequence and if the price hits SL, we will start looking a sequence to scalping buy.
The pair has completed its bullish sequence and I expect a correction move and the price has also reached the WCL level of the previous swing.
Natural GAS is at the ALL time LOW Zone and it could provide the BEST buy opportunity. It would be worth watching the price.
Completion of Minor Sequence and expecting a corrective move of 200% FIB Extension. Price below the baseline on Daily TF and below.
:: FUNDAMENTAL 1] There is a high probability that the Japanese Government will intervene after 150 (which is already done) 2] The Banks forecast on U/J for the 1st Quarter of 2024 BMO Jan 13 143 HSBC Jan 18 142 Westpac Jan 19 145 MUFG Jan 5 140 Nordea Jan 5 137 UOB Jan 5 140 Bank of...
:: Fundamentally S&P, DOW, and NAS have broken the all-time high while Russell is at -20% from the previous high because RUSSELL is low cap index and they suffers when the interest rate is high -- RUSSELL is waiting for the NEXT rate cut to RUN above the existing zone (which is by the end of Jan and March. It seems that there will not be a rate cut in...
:: SK System :: - Price is at the WCL zone - Price has completed its sequence from the bottom; which enables room for us to expect a correction (down). - Principally the price must move up from the lowest price zone, but the price action hasn't been confirmed yet and for us to have a buy setup price must show us the bullish setup at/around 1.0770 (WCL...
Price Action: It is time for the monthly price to get back to the mean reversal where the Weekly open/close is inside-bar (but broke the low). Price hovering around the inside-bar is prone to break on either side. On the Daily structure, we have 3 days of Dojis, bearish engulfing followed by Gravestone Doji followed by two days of bearish doji and the price is...
SK System I expect the price to move to the WCL (gray) level (probably early) for impulsive bullish move Price action co-relation for SK System Weekly Evening Star with recent Doji Daily Doji followed by a bearish candle - TDI price below baseline 4H Sell-side liquidity taken - TDI below baseline Breakout I expect the break of the minor and secondary...
With the soft landing, we expect the fall of GOLD yet investors are buying/bought before NFP as well. From the perspective of SK System gold has beautifully tested the WC zone, and if the zone is respected the price has the potential to hit our profit zone, and if not respected it may continue to complete its sequence above. From a price action point of view,...
The bigger picture of AUD/CAD looks bearish. The price is consolidating between the high and low of 1996 and 2001 as a major swing high/low. After breaking a swing low in 2001 price attempt to break a high in 2012 has failed. Since then every swing of the price has persistently broken the previous low. The secondary sequence has respected the WCL zone created...
If BC level is respected, expecting GOLD to complete its sequence.
The overall structure being BEARISH, I expect the price to break the previous low and retrace the B zone. If the Tertiary Zone is respected, the price may fall down; Referring to the historical chart since 1953 >> chart Here drive.google.com
After breaking the all-time high sequence at 100% for a correction and TDI Divergence at Daily/4H timeframe. Furthermore, price as respected in the B and WCL zones; hence, the price has the potential to reach the targeted profit zone.
Price has constructed a B zone and has the potential to respect a BC zone to create a profitable target.
I expect the price to complete the sequence. This sequence is at the 100% Target of Primary Sequence. I would confirm the entry with divergence or crossover at TDI.
The video includes a full analysis of Swiss Franc Futures. The price is continuing its BULLISH structure BUT approaching the probable reaction zone. Rather than a Trading Signal the video is an observation of the opportunity to trade.
Looking at the bigger picture- the SK System shows the price diving down, WHICH is also confirmed by TDI.