Corona
NZD/USD Short continuation tradeNZD/USD Broke out of it's uptrend which can only be looked at as a pullback from the larger bearish move.
Now we either hold for a double top or expect the breakout to continue making lower lows. The breakout also occured around the 0.618 fibonacci level so we have all bases covered here.
On top of all of this theres a potential head and shoulders structure developing!
Trade safe!
Growth Covid-19 confirmed cases GermanyShowing period of relief in exponential growth confirmed cases in Germany past days; diverging from exponential curve. Hope deceleration keeps up. Note that confirmed cases is a lagging indicator and does not represent total cases of infection today.
Daily growth Covid-19 Spain confirmed casesShowing no divergence from exponential growth curve; no declining growth as of yet.
Growth Covid-19 confirmed cases USUS is still on exponential growth curve confirmed cases (no signs of deceleration).
Daily Covid-19 growth confirmed cases globalUnlike certain regions global growth confirmed cases figures showing no signs of deceleration.
Realized tipping point growth Covid-19 confirmed cases (Korea)Example of realized tipping point from trustworthy data points.
Daily Covid-19 growth Italy confirmed casesFirst signs of declining growth (divergence from implied exponential growth curve confirmed cases). This indicates deceleration.
Daily Covid-19 growth NLFirst sign of declining growth in confirmed cases (not a decrease in cases, slowly diverging from exponential growth curve ... probably effects of government measures).
$2 Trillion coronavirus stimulus bill (New Paradigms)The unprecedented stimulus bill approved will lessen the coronavirus pandemic’s human and economic toll. The bill will help things go back to normal.This is a bullish trap that will bring short relieve to the economy before fear strikes again as the number of coronavirus cases increases and the media spreading fear to the people causing a lot of panic and market's to fall bearish.
USD/CAD THE TREND IS YOUR WHAT?....FRIEND
Remember guys always trade with the trend. The higher time frames are all trending down. The smaller timeframes are also trending down.
This means one thing!
SHORT.
Sell on structure highs and ride them out to the new lows. Simple yet effective, that's the way we like it.
Price action is king.
Please leave a like and share your thoughts down below as it really helps me out!
ASX 200 1st April BOOOM Look at this monthly wick it’s dying to bounce up 1st of April is the new wick all the stimulus etc,etc,
#ASX200
#BTC
buckle up this market has a bounce incoming
Manipulated global panic cause the largest and most devastating destruction around the world and this market gonna go boom somehow 🧐
I’m somewhat dissapointed and a little saddened by the fact this literally all seems to be China controlling the world on a global economy and potentially doing it for BTC HALVING 🧐 just a theory far fetched but hey this year has been messed up enough, ❤️
GBP/AUD "REVERSAL" TRADEGBP/AUD Was looking like a very strong buy until it started a reversal shown on the chart.
It's cleanly started trending downwards with a set of lower lows and lower highs. Price is currently hovering around previous structure low meaning this is a good possibility of a retest.
As the trend is clearly bearish and we're able to enter at a potential high. This is a perfect opportunity to short this pair.
Trend is your Friend :)
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USD/JPY Continuation ShortHere we see USD/JPY that is continuing it's downtrend and closed on the most recent structure low with minor rejection.
From what I can see this is an easy 4:1. Take what the market is telling you, read the candlesticks and learn to understand structure.
The trend is your friend... we've all heard this... yet not many people trade it?
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