🔸Hello traders, let's review the 8 hour chart for GBPCHF today. Previous trade setup was on sell side, target hit +400 pips, congrats if you followed. feel free to review original trade setup below. 🔸Currently risk/reward is shifting in bulls favor as we are trading near key bullish levels, however one final pullback possible/likely before reversal. 🔸Recommended...
🔸Hello traders, let's review the 8 hour chart for AUDUSD today. Ongoing distribution in progress since March 2023, currently breakdown detected, expect further losses. 🔸Aussie dollar under fresh sell side pressure recently also going into August weak seasonality based on past 10 years of data, therefore expecting fresh losses since the distribution range is...
🔸Hello traders, let's review the 8 hour chart for GBPCHF today. We are closing in on range highs right now so naturally risk/reward is shifting in bears favor. 🔸Previously recommended buying low at 1255 right now we are trading at 1425, so previous trade pnl running at +170 pips so congrats if you took the trade feel free to recap original trade setup...
🔸Hello traders, let's review the 16hour price chart for LTC today. Halving was a non-event and degen dreamers and gamblers got rekkt once again, sorry about that. 🔸Past history of LTC halvings show that we dump into red after the halving. there is no bullish impact on prices of litecoin. currently distribution in range trading near 85 USD. my final PT bears is 60...
🔸Today let's review the 8 hour chart for brent oil . Noteworthy bounce in progress after accumulation near lows, however currently getting overbought. 🔸OPEC production cuts finally kicked it, therefore we got a decent pump in the oil market. Strong resistances overhead near 87.20 and 89.20, expecting bull trap setup after we break above the stop loss...
🔸Hello traders, today let's review the 4 hour chart for gold. Strong push off the lows recently, however currently getting overbought / almost ready for a pullback. 🔸Heavy overhead resistance near 1980 usd is the best spot for the short sellers / bears. Expecting final pop short-term to re-test resistance near 1980 usd. 🔸recommended strategy bears: wait for the...
🔸Hello traders, let's review the 8 hour chart for DXY the US dollar index today. Noteworthy sequence of lower highs and lower lows, bears maintain control in this market. currently bounce in progress, target is 102.80 then we should resume the downtrend sequence. 🔸Previously well-defined swings and lower lows indicate that we are still in a strong downtrend...
🔸speculative buy/hold setup for GBPNZD bulls, currently pullback in progress. expecting bounce play off the key s/r zones below (details/see chart). 🔸we are trading in well defined range since july. range lows near 0575 and range highs set at 0800. premium prices below and above lows/highs. 🔸Recommended strategy bulls: seek to buy/hold near 0525 using tight SL,...
🔸speculative buy/hold setup for EURUSD bulls, higher highs / higher lows bullish sequence in progress. sequence of higher lows and higher highs therefore expecting more gains in this market after short-term pullback, will complete near 0920. 🔸Bulls maintain control, so long sequence of higher lows remains intact. expecting fresh higher low near 0920/0940 after...
🔸Hello guys, today let's review 4daily price chart for EURUSD. Strong bullish wave in progress right now trading near 1.1000 almost 3/4 through the way, however more upside available mid-term into end of year. 🔸Previously we had multiple 20/22% bullish price swings since the downtrend started in 2009. 3 swings completed already, right now swing 4 in...
🔸Hello traders, today let's review daily price chart for XRPUSD. speculative 5 waves bullish structure in progress. final target is beyond 1 usd end of 2023. 🔸We recently maxed out / triggered overhead resistance at 90 cents so naturally right now pullback in progress expect it to complete and mark yet another higher low at 55 cents. 🔸Recommended strategy bulls:...
🔸Hello traders, today let's review 8hour price chart for OCEANUSD. strong gains recently off the lows , however currently short-term pullback in progress. XABCD pattern structure with advanced entry strategy. 🔸XABCD structure is defined by point X at 44c, point A at 32c, point B at 40c, point C at 29c and finally point D expected near 47/49 cents. Advanced...
🔸speculative H*S setup advanced entry bulls with projected TP bulls set at 1360. confirmed rejection from overhead resistance. 🔸H&S structure defined by head at 1450, LS at 1360, neckline at 1100/1140. currently pullback/correction in progress to re-test the neckline price level. higher risk strategy: short selling at market, target bears is...
🔸Hello traders, today let's review 2days/candle price chart for spot silver. strong recovery in progress since autumn 2022, right now bulls are targeting re-test of 25.80, which is an overhead resistance / supply zone. 🔸V-shape recovery in progress, overall strong price chart with solid base down below expecting short-term pullback after we hit resistance near...
🔸Hello traders, today let's review 8hour price chart for ETHUSD . strong gains recently off the range lows ,however currently price close to hitting solid overhead resistance so expecting pullback soon until we get a fresh pump. 🔸1980 usd and 1930 usd are key overhead resistances, while below we got solid supports / reload zones for bulls at 1820 usd and 1790...
🔸speculative buy/hold setup for AUDUSD bulls, currently pullback in progress. expecting bounce play off the key s/r zones below (details/see chart). 🔸mirror overhead s/r levels will be targeted later by the bulls. currently bounce in progress since we bottomed out near 6600, however expecting final pullback soon. 🔸Recommended strategy bulls: seek to buy/hold...
🔸Hello traders, let's review the 4 hour chart for EURUSD today. Noteworthy compression into the wedge structure in progress, we got a sequence of higher highs and lower lows. overall bullish chart, however expecting pullback from overhead resistance. 🔸Short-term expecting more gains to re-test and print a new higher high at/near 1080. bulls maintain short-term...
🔸Hello traders, today let's review the daily chart for UK100. Recently solid gains and we re-tested the ATH however correction/pullback in progress now. rejection near 7900. 🔸This is a setup based on repeat price fractal. 7615 heavy resistance overhead, right now we are trading at 7265, pullback in progress and expecting further losses this week/next week. key...