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GBPUSD @ Crispy Potato27/03/22 FORECAST FOR WEEK 4 MARCH 2022 WAS = BEAR = INACCURATE THE COMBINED FORECAST FOR WEEK 5 MARCH 2022 IS = BEAR DAYS WEEK 4 OF MARCH FORECAST WAS = BEAR = INACCURATE PROBABILITY OF DAYS FOR WEEK 5 MARCH = BEAR The week opened with a small Bear doji type candle, volume would be considered the low side of average. Tuesday was fairly Bull and it continued the uptrend. Volume was also the highest for this week. Wednesday to Friday were all three Bear candles but most of the movement was contained inside the Tuesday Bull candle. A struggle to bring the price down. Volume however did increase to near Tuesday's level. OBV is trending down. The bear signals are more than the bull signals. There is only one Bull signal the two Bear signals increase the probability the Bears will see most of this week. WEEK WEEK 4 OF MARCH FORECAST WAS = BEAR = INACCURATE PROBABILITY FOR WEEK 5 MARCH = BEAR The candle this week was a falling star. While Bull, the candle tail does show the Bears can bring the price down. The volume was lower as well this week about 30% more. The OBV oscillation is increasing, it is Bear orientation. It is not uncommon for this price area to have volatility.
OANDA:WTICOUSDShort
by eatmycrispypotato
AUDJPY @ Crispy Potato20/03/22 FORECAST FOR WEEK 4 MARCH 2022 IS = BULL DAYS PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL Week 3 of March, on Monday opened a small Bear candle. Tuesday the candle was small bull almost doji. An unremarkable start to the week the chart was still tracking slightly Bull. Wednesday a strong Bull candle was formed and it broke the high back in October 2021. Wed to Frid formed a strong bull rally formation. The angle was quite steep compared to long, if the rally is to continue then we should see the week begin slowly, it will have small candles. A doji, followed by a decent Bear candle then we can expect a week that could be Bear. The probability I see as higher is the Bull. WEEK PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL This week the Bull candle was exceptional, it is probable some volatility will be seen. it will appear as long tails. Overall this week broke a number of decent resistance levels not seen for some time. Path of least resistance says momentum has been established.
Long
by eatmycrispypotato
AUDUSD @ Crispy Potato20/03/22 THE FORECAST FOR WEEK 3 MARCH 2022 IS = BULL DAYS PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL Week3 of March, on Monday, produced a Bear candle but on Tuesday resistance was experienced and it produced a small almost doji. The following Wed, Thu and Friday produce 3 bull candles. This Friday closed with a new high again, while it didn't break the tail high it closed high. This indicates this week has a good probability of being Bull start with a taper off toward the end of the week. WEEK PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL Week 3 of March produced a Bull candle. Its body engulfed the previous week. It has a long southward tail, this is a powerful rejection to the Bears. The volume is lower than previous weeks but this can be expected because the reversal is going to be met with resistance. The current position of the chart indicates resistance will be met somewhere around the 75 mark. The OBV is still trending sideways this demonstrates the resistance that will be met. It is probable this week will hit a key price point, it is also possible but less likely, that it will break it.
Long
by eatmycrispypotato
EURUSD @ Crispy Potato10/03/22 FORECAST FOR WEEK 1 MARCH 2022 IS = Bear (alignment of Day and Week assessments) COMBINED FORECAST FOR MARCH 2022 = BULL (10/3/22-So far this assessment is incorrect) DAYS WEEK 2 OF MARCH FORECAST WAS = NO ASSESSMENT PROBABILITY OF DAYS FOR WEEK 3 MARCH = BEAR This week opened Bear with a high selling volume, signaling Bears have a stronger influence. Tuesday and Wednesday retraced with Bull candles, on Thursday It returned to Bear candles. This signals the retracement has been completed. Friday adds another layer of confirmation of another Bear rally with its Bear candle, note no southward facing tail, meaning the Bear move was in flight at the time of close. WEEK WEEK 2 OF MARCH FORECAST WAS = NO ASSESSMENT PROBABILITY OF DAYS FOR WEEK 3 MARCH = BEAR This week was a combo between a Spinning Top and a Doji. The volume is considered very high (not its highest) The body of this week is contained in the southward facing tail (a small tail). Note the northward facing tail failed at the same open price of the week prior. The OBV is trending down now with an increased angle. It looks like the week opened Bull but was met with an acute failure at 1.11. It then abruptly turned south where it then essentially rain out of days in the week. Assuming this approach would give rise to a higher probability for bear continuation this week.
Short
by eatmycrispypotato
WTI @ CRISPY POTATO20/03/2022 FORECAST FOR WEEK 3 MARCH 2022 = BEAR = ACCURATE COMBINED FORECAST FOR MARCH 2022 = NUETRAL NO CALL DAYS WEEK 3 OF MARCH FORECAST WAS = NEUTRAL ASSESSMENT PROBABILITY FOR WEEK 4 MARCH = BULL Week 3 produced a Bear overall. Monday and Tuesday produce strong bear candles. Wednesday produce a doji/upside down hammer, it also had respectable volume. This indicates lower price a going to be forcibly resisted. Supporting this, Thursday produce a solid bull candle of same size to Tuesday candle. This series of 3 days candles are likely to be setting the Bull direction for next week. Friday finished softer and smaller, it was the lowest volume for the week2. The OBV shows and upward direction but the peaks of mountains are forming, is this an early sign to the downward side? Probability for this week has a high Bull attitude WEEK WEEK 3 OF MARCH FORECAST WAS = BEAR = ACCURATE PROBABILITY FOR WEEK 3 MARCH = NO CALL Week 3 produce the mirrored version candle to last week. We now have a strong rejection for higher prices and a strong rejection toward lower prices. The volume reduced around 40% to last week, but remains exceptionally high. This chart shows the volatility will remain.
OANDA:WTICOUSD
by eatmycrispypotato
XAUUSD @ Crispy Potato20/03/22 COMBINED FORECAST FOR WEEK 4 MARCH 2022 = BEAR DAYS OF FEB WEEK 3 OF MARCH FORECAST WAS = BEAR = ACCURATE PROBABILITY FOR NEXT WEEK = BEAR The week opened with two solid Bear candles, with little to no tails, indicating strength of Bear momentum. Wednesday candle is a small Bull pin bar, this day the volume was the largest for the week. Thursday the volume begins dropping of (still exceptionally high), it is a bull candle but the body is small. Friday produced a Bear candle. The volume has been steadily declining as it attempt to return to normal ranges. Draw a line across the lows of the recent long bull rally (prior to sharp spike, a trending support line existed but Tuesday candle dipped below that line. Given the dropping volume and the the decent Bear candle size compared with the Bull candles, it is probable the Bears will see out this week. There is a resistance line off around May/June of 2021, it is around 1906, it may hover at this price. WEEKS OF MARCH WEEK 3 OF MARCH FORECAST WAS = NO ASSESSMENT = NUETRAL PROBABILITY FOR NEXT WEEK = BEAR This week produced a large Bear candle, its size is approximately similar to the 2nd week ago. This pattern produced, of the last three weeks, near a high point, is often met with additional Bear candles. OBC cannot be considered, it is too volatile. The volume is steadily declining. It is probably the candle will be Bear of some sort. It may not be one to hold on to for the whole week, choosing the entry will be key to obtaining profits.
OANDA:XAUUSDShort
by eatmycrispypotato
1
AUDJPY @ Crispy Potato11/03/22 FORECAST FOR WEEK 3 MARCH 2022 IS = 50/50 SPLIT No call made COMBINED FORECAST FOR MARCH 2022 = BULL (But this is based on the Day and Week being in alignment, as well as the week having 4 strong bull candles) DAYS WEEK 2 OF MARCH FORECAST WAS = NO ASSESSMENT MADE PROBABILITY OF DAYS FOR WEEK 3 MARCH = BEAR This week 2 of March opened the bear candle. This candle has signals of some failings in the rally. It has a larger north-facing tail, Tuesday repeated this action. It did not eventuate as the bulls returned for the rest of the week. Note the volume has higher selling than the buying, this too is another sign of selling pressure building if assessed logically. The OBV is also in divergence with the currency, it is jagged and it has a bearish direction. Given the currency is at a key resistance point these signs give rise to a higher probability the resistance may be experienced this week. The probability goes to bears. WEEK WEEK 2 OF MARCH FORECAST WAS = NO ASSESSMENT MADE PROBABILITY OF DAYS FOR WEEK 3 MARCH = BULL This week was the 6th consecutive Bull candle, with steady volume (3rd prior week slightly higher) The OBV support higher prices as it shows higher highs yet the currencies highs are at the same resistance point. This coming week is positioned well to break the resistance point.
by eatmycrispypotato
2
AUDUSD @ Crispy Potato10/03/22 FORECAST FOR WEEK 3 MARCH 2022 IS = 52/48 Bull/Bear probability (The week is Bull and the Bulls have won on the days chart at key points 28Jan and 24Feb, meaning this challenge has a good chance of being won) COMBINED FORECAST FOR MARCH 2022 = BULL (based on Week and Month alignment) DAYS WEEK 2 OF MARCH FORECAST WAS = NO ASSESSMENT MADE PROBABILITY OF DAYS FOR WEEK 3 MARCH = 51/49 Bull/Bear (because key support resistance points have been overcome) This week 2 of March it opened with a reversal bear candle, a nice bear body with only a candle facing north. The Bears were not able to use this candle to regain momentum, instead, it became a struggle between Bull and Bear. You can see the volume was level on these days. Interestingly the OBV is almost completely sideways, it is quite jagged and slightly bearish. This week has the potential for either direction. I say this because this rally has won against a number of key support and resistance points that exist within this sideways trend but the OBV shows the struggle is real. If the price is to increase it will be a slow game. WEEK WEEK 2 OF MARCH FORECAST WAS = NO ASSESSMENT MADE PROBABILITY OF DAYS FOR WEEK 3 MARCH = BULL Week 2 of March was Bear, its body went around 40% into the previous week's body, the candles present but not long. Northward facing tail is longer. The volume for this week is significant but not the highest seen. On the OBV look at the previous bump, note the currency is $75. This OBV bump is higher but the price is only $75. The OBV may be indicating the bull is of higher influence. This week has a decent probability this Bear candle will be followed by a Bull candle.
Long
by eatmycrispypotato
1
Trading the eur v usd todayAfter watching, please feel free to click the like and follow button. This will allow you to see more detailed daily analysis and Trading videos. In this video we are going to look at the eur/usd currency pair after the Fed meeting yesterday. After taking this pair long on the huge falls we exited at early long targets. As we approach new short zones based on tech analysis we can look for short side entries lightly. We also can look and plan out further longs after moves to the downside and why we are taking them.
Short
by WillSebastian
Eur/UsdHello Mr. Traders, Fidel here following the current retracement happening with the Eur/Usd. we broke out of this triangle, with nice volume which is something we look for with break outs, I see further upside atleast to the scribble I did up there, atleast. but currently we could be due for a correction of the correction within the correction. HA im joking, kindof... but I expect price to bounce from the zone I marked. I will look for rejection and possibly place my stop under that. but on a larger scale, we could have finished wave 5. and expect the abc retracement mostlikely going back to the bottom of wave 4. Thank you for your time, please I encourage feedback. We can only keep getting better. keep your chin up and minimize your loses. Good evening.
Long
by Fdz23
AUDJPY @ Crispy Potato26/02/22 FORECAST FOR WEEK 1 MARCH 2022 IS = BULL (Based on alignment with Day and Week) COMBINED FORECAST FOR MARCH 2022 = BULL (But this is based on the Day and Week being in alignment, as well as the week having 4 strong bull candles) DAYS WEEK 4 OF FEB FORECAST WAS = BEAR = INACCURATE PROBABILITY OF DAYS FOR WEEK 1 MARCH = BULL Days during this week were volatile. These days sit inside a range ongoing since December. Friday's candle offers insight into the direction of the trend. This solid and larger body bull candle has formed at a key point It is a strong candle at the top of this range. Thursday candle supports a bull move by rejecting the bears. Volume on Thursday is significant but it is a knee-jerk reaction from the war event that has commenced. The OBV daily chart is in divergence with the candles. This may play an important role and may result in this Friday bull candle being a fizzle.- Overall there appears to be a higher probability of a BULL week than a BEAR week. WEEK WEEK 4 OF FEB FORECAST WAS = NO CALL MADE = ACCURACY N/A PROBABILITY FOR WEEK 1 MARCH = BULL This week was again bull, it is the 4th bull candle. Volume is increasing, this supports the notion of higher prices ahead. The OBV has also responded but I take note that the recent low does diverge from the candle low respectively. MONTH FORECAST IN JAN FOR FEB = BEAR = INACCURATE FORECAST IN FEB FOR MARCH = BULL (But this is based on the Day and Week being in alignment, as well as the week having 4 strong bull candles) This month retaliates to January. A definite struggle of both sides to take control, neither is winning. This price point has not been tested like this previous, instead, any direction change was swiftly counteracted. This is a tug-of-war, which is timely as the Russian war has started. This candle was bull with little to no tails. Volume has increased from January. The OBV gives away little of the chart's intentions.
Long
by eatmycrispypotato
AUDUSD @ Crispy Potato26/02/22 FORECAST FOR WEEK 1 MARCH 2022 IS = 50/50 (based on Day and Week divergence) COMBINED FORECAST FOR MARCH 2022 = BULL (based on Week and Month alignment) DAYS WEEK 4 OF FEB FORECAST WAS = BEAR = INACCURATE PROBABILITY OF DAYS FOR WEEK 1 MARCH = BEAR This chart is trending sideways since Dec 2021. This week on this Wednesday a small shooting star formed, it is near the top of the sideways trend. On Thursday the volume increased significantly, the candle size was respectable for this chart. Thursday candle had a bottom tail, also of decent size. Friday's candle match Thursday indicates Bull can match Bear moves. Given the candles are near the top of the range there is a good probability for it to now head toward the bottom. Note: there is a possibility, due to the war, the AUD market could be a safe haven for investors. Borders are now open, tourism is now operable it looks like a good place to invest. A slight hiccup, there are floods on the southeast, this may counteract investment possibilities WEEK WEEK 4 OF FEB FORECAST WAS = BULL = ACCURATE PROBABILITY FOR WEEK 1 MARCH = BULL 4TH consistent Bull candle, matched with increasing volume. This indicates decent Bull influence that is resilient to Bear influence. This is a strong Bull position, it will be needed to break the $72 mark. The OBV supports this direction. Note the $70 is a tried and tested support level, 4 weeks ago tested this for the third time and bounced. The probability for a Bulls to rally is high. MONTH FORECAST IN JAN FOR FEB = BEAR = INACCURATE FORECAST IN FEB FOR MARCH = BULL This chart hovers at a tested support level of $72. the trend has stalled at this price point now for 3 consecutive months. Indications are the bears have lost influence. The volume of Feb has increased from January, this indicates buying pressure is on the rise. The OBV doesn't give away much but this is okay. Given the slowing momentum of the bear trend and the potential for Australia to be considered a safe place to invest, it is probable March will finish as a Bull candle. One caveat is the floods.
Long
by eatmycrispypotato
EURUSD @ Crispy Potato26/02/22 FORECAST FOR WEEK 1 MARCH 2022 IS = BEAR (based on the alignment of week and day) COMBINED FORECAST FOR MARCH 2022 = BULL (based on month assessment, noting the divergence of the day and week charts)) DAYS WEEK 4 OF FEB FORECAST WAS = BEAR = ACCURATE PROBABILITY OF DAYS FOR WEEK 1 MARCH = BEAR This daily chart is essentially tracking sideways. Recently that range has increased in magnitude. The week opened with its slow but steady continuation downward. Thursday it significantly increased the candle body and bottom tail, along with significant volume. Friday formed an inside bar containing most of its body within Thursday's body. Volume is also significant but around 30% reduction in size. These recent large moves are still contained with the sideway motion of this chart. A close below 1.11 is needed, as well as a close above 1.14. We are nearer to 1.11. Given the larger downtrend, it is probable this move with greatly test the 1.11. Note: OBV though trending south, I sense it has the feel of a change in direction. If we compare the candle highs and the OBV highs, the last OBV is higher.....could this be reversal forming? WEEK WEEK 4 OF FEB FORECAST WAS = BEAR = ACCURATE PROBABILITY FOR WEEK 1 MARCH = BEAR This week, the candle formed a spinning top. The volume increased from last week, coupled with the OBV trending bear this is a convincing downtrend. The probability for this week says bears will hold the dominant influence. The previous 4th week ago, failed to develop the engulfing candle into a bull run. MONTH FORECAST IN JAN FOR FEB = BEAR = INACCURATE FORECAST IN FEB FOR MARCH = BULL The body is contained inside January's body. Volume was up from the previous month. OBV is not really identifying a great deal. There are three low points Jan2017, March2020, and these last two months. These represent a trending support line. March has the possibility of bouncing or protruding. Given the highs are also lower, I see a compressing range. I expect this to continue, this would mean March would have a higher probability to be BULL.
Long
by eatmycrispypotato
GBPUSD @ Crispy Potato26/02/22 FORECAST FOR WEEK 1 MARCH 2022 IS = 50/50 (Based on day and week misalignment) COMBINED FORECAST FOR MARCH 2022 = BEAR (Based on week and month alignment) DAYS WEEK 4 OF FEB FORECAST WAS = BEAR = ACCURATE PROBABILITY OF DAYS FOR WEEK 1 MARCH = BULL The week opened inside the mini sideways range. Thursday bombed with an exceptional candle, large bear body, mini top tail and large bottom tail (approx 45% of body) Note no major signal on Day chart to indicate slide. Volume on Thursday is significant. Friday was bull candle, volume also sizeable but lower than Thursday. Note Thursday close and Friday tail (near open) did not break the support line. The OBV has changed direction and is now trending upward, this is an overall divergence from the candle trend. WEEK WEEK 4 OF FEB FORECAST WAS = BEAR = ACCURATE PROBABILITY FOR WEEK 1 MARCH = BEAR A very bear candle, large body, and tails at each end (top unremarkable bottom descent approx 65% of body) Volume of week sellers and quite decent, but also constant with previous 4 weeks. The overall trend is bearish and this candle has a high probability of giving bears the momentum to continue south. The OBV is in fair alignment with the support, ever so slightly trending south. Given this support has been upheld it is probable it will bounce off it and head bull candles into the current sideways ranging motion. It will need to pass the 1.31 price line. MONTH FORECAST IN JAN FOR FEB = BEAR = ACCURATE FORECAST IN FEB FOR MARCH = BEAR GBPUSD is in trend sideways range, it is a sizeable range. Current the trend has turned from its high of 1.41 and now trending toward the 1.21 range. The bear candles for Jan and Feb support the bear continuation. Volume for Feb is higher than Jan, it supports a bear continuation. The OBV is in alignment with the candles.
Short
by eatmycrispypotato