I initially made an assumption for UCAD having a H&S formation but looked at it in a larger picture, now seeing it in a much more micro-view, we can see here that UCAD is about to reach the peak of its right shoulder. I am expecting for price to come up to 1.28300+ before a sell-off down to 1.24600 to support the H&S formation as seen here Disclaimer: This is...
XRPUSDT currently shows no signs of going up; however, it is showing signs of accumulation. With that in mind, we can play with the flat accumulation for now until such a time it decides to go long. Find decent key levels before entering.
Gold shows 3 faces for me a wedge, ascending channel, and pennant, all bearish. As seen in this chart, these are the 3 scenarios that I can see playing out with black serving as the accumulative flat to 1900, with red as the ascending channel reaching the 1900 levels, and a bearish pennant, supposedly having this current level as the trigger for it to descend down...
EURUSD started to show strong signs of a bullish run from December 20 until present and is throwing off some sellers with the question "Where is my sell area?" Not very evident but after observing EU for awhile, I thought that it was forming a bullish flag but after days, it refused to touch the support level of said flag so after adjustments, saw that an...
AUDUSD continues to show a strong bullish run as shown in the mini-ascending channel that we have. On the flip side, we can already spot a bearish divergence in the 1hr TF so as a seller, we should anticipate a downtrend soon. I am looking to buy somewhere between 0.73 to 0.734 but have my stop at 0.735. Do your own research for key levels. Here is the bearish...
With USDJPY completing the higher high (this is just an assumption), sellers are looking for a good sell zone from this point. Will JPY gain some strength?
UCAD showed strength after its general pullback (from our last post, our pullback area was spot on) and is now aiming to hit 1.277 levels. This gives the confidence for bulls to buy; however, let's take into consideration the bearish divergence that formed. My personal plan is to sell or start from a swing high (lower high) levels down to 1.25800+ or should...
As seen in the 1hr TF, a H&S is manifesting, soon to start its right shoulder. Personally, I will not be trading this one until a decent neckline is formed for me to go long until the right shoulder. I am looking to buy within 1.277 or 1.2765 to long until 1.291 but until then, I will be holding back. My personal cut area is 1.27. Disclaimer: This is for...
Gold has been showing a bullish momentum; however, it is important to take note that it did not break 1822 levels which is a confirmation for it to go long and reach 1900+ levels. Until such a time it does reach that level, then the overall outlook is for gold to continue its shorting since it might prolong the shorting maybe for a month or two.
GBPUSD, take a rest buddy. All my trade plans so far have manifested for GBPUSD, hopefully it consolidates first before another long. I think it will go down to 1.334+ levels before an uptrend to 1.34200+ then to 1.35.
AUDUSD is approaching its major resistance. Should this major resistance break (uptrend), then it is a confirmation that AUDUSD will re-enter its ascending triangle market structure before a major descent once more. However, my personal opinion thinks that we will just touch this as a form of "re-test" for the ascending channel before a descent to 0.68 levels. For...
EURUSD has been showing a positive bull run for the past few days but its overall structure indicates that it should consolidate soon. Is EURUSD currently on its last leg before it consolidates down to 1.10+ levels or will we be able to enjoy this "swing" trade for now? Disclaimer: This is for educational purposes only.
XRPUSDT broke the descending channel and went into an uptrend and broke its resistance at 0.83, giving a possible assurance it will hit 1.1390+ levels before a correction once more. I do not recommend contrarian trading this as the volume is still relatively for the bulls. Disclaimer: This is for educational purposes only.
The previous Bullish Cypher was invalidated, instead is showing formation of a Bearish Shark. With this, we can expect major consolidation or even a rug pull for SHIB before we are able to re-enter again (hopefully). P.S. This is for educational purposes only.
AVAXUSDT is about to finish point B in the level of 138. From there, you can expect a consolidation as low as $37 for now, congratulations to those who followed my trade plan and managed to enter at $75! Plan: P.S. This is for educational purposes only.
USDJPY currently remains on a swing trade but is showing signs of a formation of a right shoulder for an inverted H&S. We can expect a consolidation down to 112 levels but should this break, then the formation of said structure is inevitable. P.S. This is for educational purposes only.
XRPUSDT is currently in a downtrend. A temporary long can occur from 0.7640+ to key trigger 0.8327 before a major shorting down to 0.5992, ending in a double bottom. Be cautious in contrarian trading and wait for right entries then proceed to short from the trigger price. Risk only 1% of your port. Here is the big picture: Disclaimer: This is for educational...
USDJPY has been giving off selling pressure and will continue to do so once the temporary long is over. Long can be up to 113.750+ levels unless it breaks but is highly unlikely and that can set off a trigger to short until 112.760+ levels or even lower should that neck-line break down to 112.030+ levels. Disclaimer: This is for educational purposes only.