What's up everyone? Checkout my daily bias on EURUSD. We have recently taken out a previously monthly low at 106.631 and rejected from an area that happens to be a prior fair value gap that was created on January 6th, 2003. Priced came back to this zone approx. 4 more times before our recent encounter. The only difference is that we have closed below this FVG on...
USD selling pressure has been seen this week, due to the most recent weekly jobless claims falling to a less than expected figure. US T-Bonds gave the US Dollar Index some small gains. The Euro Commission revealed that the Eurozone growth forecast for 2021 fell to 3.8% from 4.2% Not so good right?! The economy is looking weaker and it doesn't help that Euro...
GU gained some strong traction Wednesday due to some massive USD selling. The upbeat market mood is definitely a key factor in weakening our beloved Greenback! Not to mention, I find it interesting that the uptick in US Bond Yields didn't relieve our friendly BULLS. The UK possibly gained some strength due to their Vaccination Drive and from the UK Central Bank...
Guide for beginners! Hope you enjoy. Inspired by Trader Kei! Here's a brief Ichimoku Kinko Hyo Reference Follow these steps: 1.) Identify a major trend (Daily or H4) -Is the Kumo Up or Down? -What's the Angle? -What's the length? -What's the thickness? -If yes, Is Senkou Span B Up or Down? Or is "SSB" Flat and "SSA" Up or Down?* (If no, hold until KUMO is...
Is EURUSD ready to shift from a bearish environment to a bullish environment? Today I'll be sharing my thoughts on where EURUSD could possibly be headed in the coming months; based on a multi-timeframe analysis and order flow perspective. Hope you enjoy!
*Please excuse the poor audio! What's up traders! Today I will be going over my thoughts on GBPUSD, and where I see the pair going from a short term and long term perspective. We will be considering the following: 1.) The recent Double Bottom formed on the Monthly timeframe 2.) The break of structure at a previous strong resistance zone 3.) The possible...
GJ is looking like it can make a move to the downside! Waiting for a retest of TL break and preferably for the MACD to cross below zero to confirm a bearish environment.
It’s looking like a rejection to the upside is possible. Daily and 4H support.
With Bitcoin/USD reaching Highs of 40k this month, there is no doubt the bulls are active. But are they getting exhausted already? Could this be another “hyped” push to the upside? Do you remember when Bitcoin peaked at a high of 18K+ back on December 17, 2017? Regardless of Big Tech Influences, the 4H chart of BTCUSD is forming what looks like a clear Head and...
GJ with a move to the upside? On the Daily timeframe, GJ is printing higher highs and higher lows. Last week we seen major rejection at a daily key level of 140.00 which later melted price down to a daily quarter key level of 138.25 It is now the start of a new week (08/25/2020) and we possibly can see a push to the upside. With price currently at 138.553 at...
4H Bullish retracement, potential movement to the upside? *Personal note
Refer to chart Long Position. Based on previous 07/12/2020 reversal at 23:45
4H US30 Technical Analysis Setup Clear Supply Zone that price looks to be racing to! Personal Note not a signal..
US30 SUPPLY & DEMAND BUY/SELL SETUP Personal Note
BUY SETUP: If price breaks purple zone then, Enter @ 1721.552 SL 1717.180 TP1 1724.518 TP2 1726.548 TP3 1729.514 SELL SETUP: If price resists at purple zone then, Enter @ 1719.336 SL 1721.239 T1 1716.399 T2 1715.306 T3 1713.121
This is looking like a great short opportunity! data shows traders are now at their least net-long AUD/JPY since May 12 when AUD/JPY traded near 69.46