GBP AUD - Run with the bulls with the range breakHello traders and analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.
Master Key:
Blue = Monthly
Purple = weekly
Orange = Daily
Grey = 4hour
Pink = 1 hour
Here is a nice opportunity for buys which has happened this morning European session;
What happened? well from the low to the high, take your Fibonacci retracement tool and plot the 61.8% zone where we anticipated the buys.
GBP still has bullish potential here to climb into 1.8XX - this is still in play upon the previous few days passing.
The rejection happened nicely at 1.78 as expected. This pair has a nice liquidity zone so when entering be aware of a larger stop loss in comparison to other pairs. -
Here is the latest update of the previous analysis.
This update shows the beginning of the consolidation range:
Four hour chart range view
Price is currently trading a great 4 hour range, perfect to hedge short to protect long positions and buy in upon the lows .
What will happen next?
Well, price needs to break the 1.8030 zone, to push higher upon the bullish lower timeframe movements.
Imbalances original idea:
1. Zone 1: -
we will be looking at a test of the order block, movement away to keep shorts flowing to keep the imbalance moving towards the zone of a 1.72 redistribution, liquidity to show bears further short options before the lows.
From here we will expect a spring and a test of said springs.
A rejection will occur and then see accumulation phase of price hitting the target on the AUD USD with bullish Aussie.
2. Exactly the same but making further gains moving down to 1.67-1.60 which will be the development.
We volume will be a key indicator here to see the set up of the buy/sell swaps.
A large break of structure will occur - taking out the equal highs.
These are our Points of interests.
Now the trend is moving, looking to see a weak dollar maintained in 2021 so this will be great for the Aussie, affecting the GBP also which has also been seeing a volatile state - however Growing against JPY, USD, but against the CAD, AUD, NZD is now seeing large flows creating ranges to accumulate account growth depending on signs of movement.
Here is the bigger picture updated on the weekly time frame:
Take a look to see what AUD USD is signalling;
Here is the current situation: imbalances are clear
The Aussie has now passed 0.76 hurdle first.
The next Hurdle is 0.80 which is our target for the next 3-5 months.
However, with the year end - we will now look for two scenarios -
1. Price will revert back using the Fib retracement - looking at a new high low to form before a further bullish movement to the Aussie towards 0.80 - .
2. Price will continue to flow with minimal setbacks with a high probability of a weaker USD - due to the stimulus and presidential change, with new reforms to boost the economy again tumbling the Dollar.
Do you enjoy the setups?
We have 10 years combined analysis experience in world markets.
Offer our technical breakdowns here
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
Team LVPA MMXXI
Lupacapital
US OIL - snipe your profit targetsHello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.
Master Key:
Purple = weekly
Blue = Monthly
Orange = Daily
Grey = 4hour
Pink = 1 hour
Here is an update to our original view back in December 2020 - for the start of 2021.
Our imbalances are clearly identified on the chart - where the blue imbalance which relates to the monthly zones - where little price action is needed but identified on the higher time frames to provide insights as to where the fractals in the market are taking place. There imbalance price has previously broken through builds upon the support for Oil demand.
Based on what merit?
We have seen a nice impulse into the channel and a rejection upon reaching the trendline at $53.00
Good question, based on the fact - from a technical standpoint - the sell off back in February, March 2020 - reversed on a fractal point within the market structure to the crisis of Oil supply being heavy weighted in comparison to the demand . The spike to zero was the abundance of supply which effectively the storage supply became over saturated and "worthless", the May contracts were not accepted for physical delivery and the paying for the delivery took place to prevent further storage.
This imbalance was created in which created the impulse. Price re-established itself with $30-36 zone for a further imbalance where price will now look to as a strong demand for price engineering if needed.
Looking for an entry long term in 2021?
Based on the orange trendline - we would be looking to buy further at $48.00 where price may look to establish a lower high.
If* this zone is broken, the correction will deepen with $46-48 looking to be a buying area. price has now completed this zone
New buy zone:
$55.00 if a pullback breaks our blue trendline on a daily channel.
This zone is still valid.
Due to global recovery optimism, the demand is still very much in control with restricted access and output cuts still in play, the OPEC + JMMC both have not made any recommendations in the January meeting.
Commodities here will still be in the balance upon economies re-igniting.
Here is the chart from January 17, 2021
Do you enjoy the setups?
We have 10 years combined analysis experience in world markets.
Offer our technical breakdowns here
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
Team LVPA MMXXI
Bitcoin 50k! - Congrats holdersHello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.
Master Key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
Here was the previous chart tracking our progress:
Looking at the chart from a technical standpoint - the sell off begins with a new equal high peak or a higher high.
We will expect price to pullback engineering liquidity to shakeout buyers and free up the market players - using the 4 hour, there is a possibility the 50 - 61.8% retracement showing a good imbalance zone. We will not look to buy at this moment due to the fact price is working well and needs the activity to free up in order to consolidate.
Crypto in our eyes works like rocket fuel , in the sense of bursting out - tailing off and crashing - while most FX pairs do this - crypto is still establishing multiple fresh zones both in fractal senses and adoption will have a momentum here if you look from a fundamental view.
Fundamental Update - E Musk has been tweeting and purchased $1.5bn of bitcoin and accepting payments of BTC for Tesla products.
Past analysis;
This was based off the Fibonacci - keep in mind the zones here aligned with the 0.5% retracement.
What did we see - while patiently waiting for the imbalance to hit?
The above image, shows the Fibonacci on a daily - whereby we used our previous retracement back in the end of January, this confirmed to us the buyers were still in control. Inefficiency 1 zone was valid. This is now a new buy zone for future reference.
Here was our latest buy position - based on the previous idea January 28th 2021
The first analysis to show the imbalances upon a smaller scale:
Further analysis;
Delving into the consolidation in the past, market participants are looking at the consolidation when Bitcoin was introduced - it took 106bars on the weekly timeframe to reach $1,000 price.
This consolidation area, has shown us the volatility yes, however it has provided further information as to how the price is behaving upon weekly imbalances and how the cycle is showing it's fractal patterns as time brings us to now, and the future.
See here for the imbalance occurring back in 2015.
To see this in full - click the idea below. The analysis provides sufficient detail
Do you enjoy the setups?
We have 10 years combined analysis experience in world markets.
Offer our technical breakdowns here
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
Team LVPA MMXXI
SPX 500 - to 4000+Hello traders and analysts,
Zone colour Master Key:
Blue = Monthly
Purple = weekly
Orange = Daily
Grey = 4hour
Pink = 1 hour
Please see our previous idea - where 3920 for the SPX has been achieved, with an explanation as to why.
The idea which lead to where we are now using Fibonacci from the latest correctional move.
The main idea for 2021:
Rolling returns - historical data .
Using the base model of 3 year rolling returns,
the simplified explanation of the model shows a 41/50 years have returned a positive growth. As opposed to 6 years of negative returns. With 2020 closing out 16.26% return .
*Note - the 6 years where the rolling return is negative - the dot com bubble only stood to lose 6.2%* Est
Why the previous Extension zones fell in line with inefficiency 1 .
Price has followed the path prediction thus far to a almost perfection at this moment in time. The reason for this is using the daily, weekly and monthly. The probability of the imbalances remain clearer.
SPX500 vs the VIX
The Vix to be maintaining below 35 max positional moves will show correctional patterns of distribution flows in the smaller timeframes where price engineering will take place to allow discounted prices to occur.
This will tend to steady the recovery but also give the rally base rally move a chance to breathe.
Vix update:
SPX vs Emerging:
What does the emerging markets show us?
Well the imbalances are within the same as the US market, but the economic recovery in terms of imbalance price driving in the EEM - shows that whilst fundamentally there is more volatility. The activeness of these markets provides a telling Fibonacci extension target is not to dissimilar along with the SPX. The commodities such as Copper, Silver, Gold and Platinum will now provide a solid buy opportunity now the demand will grow.
The second image shows the return % of the fund upon a scale against the SPX on a daily chart close.
Fundamental failures, to ensure imbalances are made clear for the bullish scenario.
The FED injecting 22% of all USD in circulation within one year.
A Staggering amount of est $9T USD was injected to save the US from collapse, despite its ever mounting debt of as it stands 11. 01 .2021
$27.775T USD
www.usdebtclock.org
The question remains as the USD loses value - in order to promote cheaper investment and more prospects for cheaper imports - the country will have a real issue with the constant cycle of financing debt upon debit.
With the Global fiscal policy to remain between 1.5-2% - this should keep the FED side lined for a few years monitoring the US and world economy.
What we would expect to see will be the growth of EM and commodity based countries in terms of FX to continue the growth against the USD.
Last comparison;
Inflation ETF vs SPX500.
If you as a trader are interested in the price ratio of Shiller P/E ratio, the market is at this moment 35.83x, with low inflation at the moment, the bulls are on the run. Watch this space.
Do you enjoy the setups?
We have 10 years combined analysis experience in world markets.
Offer our technical breakdowns here
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
Team LVPA MMXXI
GBP JPY - Bulls strolling to the next targetHello traders and analysts.
Below is our setup for the pair GBP JPY.
Zone colour Master Key:
Blue = Monthly
Purple = weekly
Orange = Daily
Grey = 4hour
Pink = 1 hour
Monthly imbalances -
Price has rejected the previous all time low of GBP JPY.
This zone is a powerful buying zone for positional holders like us for two reasons;
1. - Price is clearly making lower highs
2. - The wicks are closing bullish - suggesting the zone is a fractal buying imbalance
See the original idea for the 2021 bullish outlook,
Weekly timeframe
Four hour chart
We had a falling wedge on the four hour time frame, where price had bounced off the high, created a correctional sell pattern, however price has managed to sell off to 144.50. Price broke through with the continuation pattern and is now heading towards the weekly imbalance at 148 highs. We are currently in the weekly imbalance zone now, between 145.8 to 148.00.
Fundamentals at play
With the successful Brexit transition and recovery from the Risk-off scenario from Brexit, the commodity hedge from Gold will not push higher. While the vaccination and cases remain a concern for the UKs long term success in the economy opening up, the GBP has been seen rising and looks set to continue with a target of 143 poised to be filled by the bulls.
XAU USD & GBP JPY are safe havens so expect the volatility within the pairs to remain strong as short term sentiment turns sour.
From a Fibonacci prospective:
We took the low and plotted the high.
We expected the previous wick to be filled as the order blocks in GJ are volatile so price and hit a fresh zone and reverse very quickly . The extension targets below signify our areas of longer term profit taking.
At the time of the previous idea - the positional trades still hold and require a quick overview high level to ensure the trade is still running to target.
The overall bullishness from GBP is due to the JPY with an imbalance on the weekly (see the key) above where price is approaching a purple weekly zone between 147+. We are currently in a weekly zone between 143-145 whereby price has been creating a steep incline however has had healthy price engineering.
Keep in mind the imbalances where price can retrace back to 145 (weekly). Targets are still set between 148-150 as bullish take profits.
Do you enjoy the setups?
We have 10 years combined analysis experience in world markets.
Offer our technical breakdowns here
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
Team LVPA MMXXI
EUR JPY - Bullish updatesHello traders and analysts,
Key:
Blue = Monthly
Purple = weekly
Orange = Daily
Grey = 4hour
Pink = 1 hour
Here is our original idea for Euro Japanese Yen back in December 2020.
Here is the weekly time frame of where the price imbalances are taking us:
At the current daily chart;
We are currently experiencing a great bullish momentum for the Euro, where the Euro is seeing strength against the US Dollar and Yen a like due to the imbalances identified on the weekly time frame - which is shown by our weekly .
The weekly ray is included to provide us a strong trendline, as time has moved on - the lows created are higher lows, whereby daily closes are showing us a bullish move. Be wary of this pair as the Yen is a safe haven so expect pullbacks and sell offs to occur on a 4hour and daily timeframe. However, with this bullish movement the creation of a divergence is created between the trendline as oppose to the weekly blue trend.
A bullish scenario:
Pay attention to the consolidation block on the left [in the blue ellipse at 129.00, there is an inefficiency here where price can easily be broken to create a path for the upper imbalance and use this consolidation as a demand zone.
A Bearish scenario:
The Fibonacci can complete the pattern to 129 completing the -0.27 target on a daily level and from here using the consolidation as a selling fractal, the fresh zone at the orange zone can be the profit point for a sell off scenario. Keep in mind the imbalance pr
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
XLM USD - Bulls update - New Alt HighHello traders and analysts.
Key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
See our tracking of XLM or Stellar Lumens
The original idea is here for 2021:
Current position:
Original idea
XLM 4 hour perspective
What has been happening with XLM?
The chart shows us:
Maxed out upon a weekly level to our -0.27 Fibonacci zone at $0.42, where a price engineering upon an important zone was necessary to tail off in order to keep the bulls in the market.
The Fibonacci low of $0.23
upon this price retraced back to our 61.8% zone and continued to reject higher at the 0.382% as the market is creating higher lows.
Zones to watch on weekly:
$0.28 or 0.34 - a new extension has been made here so price and return to find a strong zone of support.
Where is price heading now?
Looking to match or break the all time high. From here the extension targets are set for profit taking or holding further.
It looks like we will be holding further for an over extension with a new buy imbalance where our weekly zone is the new imbalance (see below).
The bullish scenario of the path using this new imbalance may be a possibility. Where a good probability of another additional trade will be looked for.
Bearish scenario:
Where our imbalance wick as the previous all time high will need filling. The route can be shown here utilising the previous price action on the daily retracing back to two key zones (one being the 50% Fibonacci) which has a strong demand for price to create a new bullish positional move. Or the second option between $0.40 and lows of $0.35 shows a good retracement for a loading for the bulls.
Why follow us?
10 years combined analysis experience in world markets.
Technical breakdowns using our strategy
Ignore majority of fundamentals.
Trade for swing, positional trades.
Update our explanations where we can.
Keeping things simple for ourselves and you.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
XLM USD - Bulls are comingHello traders and analysts.
Key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
See our tracking of XLM or Stellar Lumens
The original idea is here for 2021:
XLM
4 hour perspective
What is happening with XLM?
The chart shows us:
Maxed out upon a weekly level to our -0.27 Fibonacci zone at $0.42, where a price engineering upon an important zone was necessary to tail off in order to keep the bulls in the market.
The Fibonacci low of $0.23
upon this price retraced back to our 61.8% zone and continued to reject higher at the 0.382% as the market is creating higher lows.
Zones to watch:
$0.28 or 0.34 - a new extension has been made here so price and return to find a strong zone of support.
Where is price going now?
Looking to match or break the all time high . From here the extension targets are set for profit taking or holding further.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners through to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
GBP USD - Bull target imbalancesHello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.
Master Key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
What is the chart currently showing us?
The current situation for the 4 hour chart shows us some good offerings within a trading range. There are lower time imbalances at play - where price has been consolidating. But has now broke our range high and produced a rising channel.
The Fibonacci from the range low to the range high - saw a nice retracement to the 61.8% to 1.356 zone.
From here, price is now at the extension -0.272 where price will look to find a new support and break through to the new targets.
Where will price take us from here?
The USD will continue to see a deepening soft dollar, which is what the US want right now to keep pushing the stocks into 2021 with cheaper import/exports as a major player. Furthermore a cheaper dollar will boost 2021 visitors to the US and see Gold rushed to as a hedge of inflation .
GBP we have a weekly zone the pound has now surpassed creating a good new daily demand to move further.
The monthly zone towards 1.50 as our target for a position buy. Before this zone on the daily to take us to 1.44 on our weekly zone.
Here is our previous analysis whereby price is moving towards the upper imbalances.
When it comes to the USD, we have now been seeing continued devaluing of the USD into 2021 with the Biden administration.
The FED injecting 22% of all USD in circulation within one year.
A Staggering amount of est $9T USD was injected to save the US from collapse, despite its ever mounting debt of as it stands 11. 01 .2021
$27.775T USD
www.usdebtclock.org
The question remains as the USD loses value - in order to promote cheaper investment and more prospects for cheaper imports - the country will have a real issue with the constant cycle of financing debt upon debit.
With the Global fiscal policy to remain between 1.5-2% - this should keep the FED side lined for a few years monitoring the US and world economy.
What we would expect to see will be the growth of EM and commodity based countries in terms of FX to continue the growth against the USD.
Why is the GBP USD continuing to climb?
The weekly zone has now been intact within the weekly zone showing a good price engineering move which took 'steam' off the the bulls with a healthy retrace.
See the monthly chart to show the clear imbalances:
Whilst fundamentals are important, it's clear to understand that the key levels of inefficiencies where the chart shows us key levels.
For example, a previous bull run after 'Brexit announcement'
- see the 2017, 2018 bull run.
If you enjoyed our work, please ask us a question.
Why follow us?
10 years combined analysis experience in world markets.
Technical breakdowns using our strategy
Ignore majority of fundamentals.
Trade for swing, positional trades.
Update our explanations where we can.
Keeping things simple for ourselves and you.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
BTC USD - The final path to $50,000Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.
Master Key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
Looking at the chart from a technical standpoint - the sell off begins with a new equal high peak or a higher high.
We will expect price to pullback engineering liquidity to shakeout buyers and free up the market players - using the 4 hour, there is a possibility the 50 - 61.8% retracement showing a good imbalance zone. We will not look to buy at this moment due to the fact price is working well and needs the activity to free up in order to consolidate.
Crypto in our eyes works like rocket fuel , in the sense of bursting out - tailing off and crashing - while most FX pairs do this - crypto is still establishing multiple fresh zones both in fractal senses and adoption will have a momentum here if you look from a fundamental view.
Fundamental Update - E Musk has been tweeting and purchased $1.5bn of bitcoin and accepting payments of BTC for Tesla products.
The previous analysis was based off the Fibonacci - keep in mind the zones here aligned with the 0.5% retracement.
what do we see?
Here is the current situation for Bitcoin.
The above image, shows the Fibonacci on a daily - whereby we used our previous retracement back in the end of January, this confirmed to us the buyers were still in control. Inefficiency 1 zone was valid. This is now a new buy zone for future reference.
Here was our latest buy position - based on the previous idea January 28th 2021.
Here is our target:
Further analysis;
Delving into the consolidation in the past, market participants are looking at the consolidation when Bitcoin was introduced - it took 106bars on the weekly timeframe to reach $1,000 price.
This consolidation area, has shown us the volatility yes, however it has provided further information as to how the price is behaving upon weekly imbalances and how the cycle is showing it's fractal patterns as time brings us to now, and the future.
See here for the imbalance occurring back in 2015.
See again in June 2016 - bar replay example. upper imbalance daily zone and weekly at the time. Where will price take us?
Inefficiency zone 2 - or inefficiency zone 1?
The answer is zone 2 - the imbalance wick is present here and needed a full fill.
If you enjoyed our work, please ask us a question.
Why follow us?
10 years combined analysis experience in world markets.
Technical breakdowns using our strategy
Ignore majority of fundamentals.
Trade for swing, positional trades.
Update our explanations where we can.
Keeping things simple for ourselves and you.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
LINK USD - Bull targets Hello analysts and traders,
See below the analysis & updates on Link USD.
Based on what merit?
From a lower time frame we would be looking at around 21.2 which aligns to the Fibonacci 61.8% level.
Daily level buys - 19.77 or 20.8 where a daily imbalance is occurring.
Master key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
What does the chart show us?
From a 4 hour perspective - our two zones in grey on the 4 hour chart - we have seen a Fibonacci retracement to the 0.705, which has created a liquidity zone for buyers to continue the incline to the targets above.
Zone 1 at 0.705 is imbalance 1, imbalance 2 is between $21.7 to 20.00.
What is the long term outlook?
The original idea
Where will our analysis take us next?
Bullish scenario - we will need to break the supply on the four hour timeframe to create a new all time high close.
From here, the previous imbalance will be our respective buy zone.
on a Daily we are in a zone of rejection or creation.
Bearish?
If price falls from the high to our 4 hour trendline, then price can break or bounce
Extended target is price falling to the imbalance at $20
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners through to advanced .
KISS - keep it simple stupid.
Pure imbalance trades - with further explanations on the graphs to understand.
Many thanks,
Team LVPA MMXXI
XRP - bull targetsHello analysts and traders,
Before we start, here is our long term analysis:
Key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
The chart shows us:
Maxed out upon a weekly level to year highs of 0.792* rejection upon a fractal .
with a strong bullish movement, a potential correctional movement can take place in the run up to the holiday season in which we have seen a whipsaw effect taking price back to the demand zone. This is common, so this shakeout would have relieved healthy profits or damaged the buyers on a breakout.
What happened Saturday 30th January 2021 or Sunday for APAC weekend session?
We saw the price touch into the imbalance zone of $0.51XX
Price has created a new imbalance at $0.38 whereby the previous liquidity supplies acted as the range top on multiple occasions, however this has now become a demand imbalance where price will look to for further touches for longs.
What's happened since?
Other cryptos are gaining traction so this is important to see what the chart is telling you. We are looking for long term investments here so when it comes to Fundamentals, address it but focus what the imbalances show you. Our major imbalances show where price will look to react. Patience does the rest.
Keep track of the US impact for the stimulus bill and further pumping of data on unemployment. - the stimulus package has now been agreed for $900bn and the vaccines are now rolling out XRP does not directly link to the USD but the chart is now providing probabilities of longs as the consolidation period of XRP is around one year long despite the recent XRP issues with coinbase and US regulations.
Long term imbalances
Zones to watch next are highlighted in pink on the right of the chart.
Keep in mind XRP can use $0.4 as a strong demand zone now, reason being the Fibonacci has retraced healthy to our 61.8 and 50% zones.
The price was in a downward channel, however broke to the range to the upside.
Expect targets to be $0.80 and for longer term investment methods up to $2.00
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners through to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
GBP JPY - Bulls on paradeHello traders and analysts.
Key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
See our update to the tracking of our position on GJ
The original idea is here for 2021:
Where are we and why are we there?
Fundamentals at play
With the successful Brexit transition and recovery from the Risk-off scenario from Brexit, the commodity hedge from Gold will not push higher. While the vaccination and cases remain a concern for the UKs long term success in the economy opening up, the GBP has been seen rising and looks set to continue with a target of 143 poised to be filled by the bulls.
XAU USD & GBP JPY are safe havens so expect the volatility within the pairs to remain strong as short term sentiment turns sour.
From a Fibonacci prospective:
We took the low and plotted the high.
We expected the previous wick to be filled as the order blocks in GJ are volatile so price and hit a fresh zone and reverse very quickly . The extension targets below signify our areas of longer term profit taking.
While we did not add to the trade here, the opportunity here for buyers was a great opportunity as the 61.8% (golden ratio) hit.
Here is our original take for our last entry:
The overall bullishness from GBP is due to the JPY with an imbalance on the weekly (see the key) above where price is approaching a purple weekly zone between 147+. We are currently in a weekly zone between 143-145 whereby price has been creating a steep incline however has had healthy price engineering. The imbalances where price can retrace to is now to 137 (weekly) or monthly low 134-135. On a strong imbalance 150+ is the target.
From a daily, 4 hour view.
Bullish;
Bearish
This will be extended from the daily rising channel upon a break of 143.4
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
GBP AUD - rejection of 4hour 61.8% FibonacciHello analysts and traders,
Here is a nice opportunity for buys which has happened this morning European session;
What happened? well from the low to the high, take your fibonacci retracement tool and plot the 61.8% zone where we anticipated the buys.
GBP still has bullish potential here to climb into 1.8XX
The rejection happened nicely at 1.78 as expected. This pair has a nice liquidity zone so when entering be aware of a larger stop loss in comparison to other pairs.
here is the updated daily perspective
See our previous idea below;
See the AUD USD
Technicals to assess.
We have a nice technical sell of yesterday but with the AUD USD rebounding in a negative light, the GBP has entered the supply again with a boost from the risk-off aversion.
From the chart below, watch out for the fresh daily zone which has not been truly tested yet. , this has now been tested and rejected from the zone as expected.
The main buy and hold area;
1. Zone 1: - inefficiency
we will be looking at a test of the order block, movement away to keep shorts flowing to keep the imbalance moving towards the zone of a 1.72 redistribution, liquidity to show bears further short options before the lows.
From here we will expect a spring and a test of said springs.
A rejection will occur and then see accumulation phase of price hitting the target on the AUD USD with bullish Aussie.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
US OIL into 2021 - Early Feb updateHello traders and analysts,
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
Here is an update to our original view back in December 2020 - for the start of 2021.
Based on what merit?
We have seen a nice impulse into the channel and a rejection upon reaching the trendline at $53.00
Good question, based on the fact - from a technical standpoint - the sell off back in February, March 2020 - reversed on a fractal point within the market structure to the crisis of Oil supply being heavy weighted in comparison to the demand . The spike to zero was the abundance of supply which effectively the storage supply became over saturated and "worthless", the May contracts were not accepted for physical delivery and the paying for the delivery took place to prevent further storage.
This imbalance was created in which created the impulse. Price re-established itself with $30-36 zone for a further imbalance where price will now look to as a strong demand for price engineering if needed.
Looking for an entry long term in 2021?
Based on the orange trendline - we would be looking to buy further at $48.00 where price may look to establish a lower high.
If* this zone is broken, the correction will deepen with $46-48 looking to be a buying area.
or;
$52.00 if a pullback breaks our blue trendline on a daily channel.
Due to global recovery optimism, the demand is still very much in control with restricted access and output cuts still in play, the OPEC + JMMC both have not made any recommendations in the January meeting.
Commodities here will still be in the balance upon economies re-igniting.
Here is the updated:
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
XRP - 2021 starting beautifullyKey:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
4hour XRP
The chart shows us:
Maxed out upon a weekly level to year highs of 0.792* rejection upon a fractal .
with a strong bullish movement, a potential correctional movement can take place in the run up to the holiday season in which we have seen a whipsaw effect taking price back to the demand zone.
What happened Saturday 30th January 2021 or Sunday for APAC weekend session?
We saw the price touch into the imbalance zone of $0.51XX
Price has created a new imbalance at $0.38 whereby the previous liquidity supplies acted as the range top on multiple occasions, however this has now become a demand imbalance where price will look to for further touches for longs.
Keep track of the US impact for the stimulus bill and further pumping of data on unemployment. - the stimulus package has now been agreed for $900bn and the vaccines are now rolling out XRP does not directly link to the USD but the chart is now providing probabilities of longs as the consolidation period of XRP is around one year long despite the recent XRP issues with coinbase and US regulations.
See the original idea here:
The US market is looking to continue growth upon the federal spending and position itself with forecasted growth into 2021.
As with the Cryptocurrencies - expect this take gain further traction.
Zones to watch next.
$0.61 - 0.65
Expect targets to be $0.80 and for longer term investment methods up to $2.00
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners through to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
XAG USD - update longsPurple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
Hello Traders and Analysts,
Based on what merit?
We have seen a nice impulse into the channel and a rejection upon reaching the zone of $29.00.
Good question, based on the fact - from a technical standpoint - the sell off back in February, March 2020 - reversed on a fractal point within the market structure to the crisis of the reluctance for the demand of the Commodities . However, this produced a demand zone to hold from so we have a buying opportunity.
This imbalance was created in which created the impulse. Price re-established itself now between $22-27 zone for a further imbalance where price will now look to as a strong demand for price engineering if needed.
Currently we are in $27.00 zone where the price can see a risk-off rejection however we could see a holding price for the bulls on the lower time frame at the 4 hour level to see where the smaller imbalance is.
See the analysis which brings us to 2021.
See the XAG XAU
XAU XAG - correlation chart
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
BTC bounce back -Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.
Key:
Grey zone = 4hour
orange = daily
purple = weekly
Blue = monthly
pink = 1 hour imbalance
Based on what merit?
Good question, based on the fact - from a technical standpoint - the sell off begins with a new equal high peak or a higher high.
We will expect price to pullback engineering liquidity to shakeout buyers and free up the market players.
Crypto in our eyes works like rocket fuel , in the sense of bursting out - tailing off and crashing - while most FX pairs do this - crypto is still establishing multiple fresh zones both in fractal senses and adoption will have a momentum here if you look from a fundamental view.
Let the price fall and await in the zones - add a trade alert, patience is the key here for longs.
see the 1 hour chart..
what do we see?
Fibonacci from the low to the high pulled back to our 50% retrace - but from an imbalance point of view we saw a perfect imbalance filled.
See the 4 hour chart.
See our previous analysis here:
off the back of the last move - we saw a great imbalance fill on a daily zone - in the bottom purple zone .
This created a first fresh touch for buyers. We have been experiencing a sell off today which is exactly what is needed in order to retrace to form a fresh touch for liquidity purpose.
BTC to keep showing its strength (positional holding) - our 25k zone did not get filled, however the 29k zone did!
Target
Upside targets 50k or more!- long term buys.
Zones to watch for long additions.
$29,000 - 30k - secured!
$24,000 - 25,550 imbalance zone major zone
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
GBP AUD - Buy updateGBP AUD - 4hour chart
Be ready for either direction on the lower timeframe.
Technicals to assess.
We have a nice technical sell of yesterday but with the AUD USD rebounding in a negative light, the GBP has entered the supply again with a boost from the risk-off aversion.
From the chart below, watch out for the fresh daily zone which has not been truly tested yet.
Our new long zone is from the grey imbalance - where by price will now look at fibonacci retrace zones - where we will look to buy again.
See the full breakdown here:
See our previous buy zone
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
S&P 500 - 3920+ still awaitsHello traders & analysts,
Hello analysts and traders.
Price touched the trendline on the 4hour chart.
SPX500 needed to created a descending channel after the high to engineer some liquidity for continuation of long positions from the all time high
not the risk off mode were related to profit taking in order to generate further longs . The buys are still on!
Where did price fall to?
Key trendline creating a lower high.
Why is this important?
Look left - the white candle shows an imbalance on the previous bullish engulfing .
We are currently long but await the next buy from a daily low.
Key:
4 hour = grey channel trendlines
Green zone - daily, weekly targets
Grey zone - 4 hour supply
Blue zone - pivotal point where market will engineer a price low to.
Our preview before the trade took place:
See the wider picture:
See the outlook:
- we can see here that the price reversed directly between the previous extension zone to create a new inflow first touch to close out the imbalance between the buyers and sellers.
Shorts were closed and further longs were taken to bolster investments or if investing in a long term portfolio, a further contribution added upon the compounding value.
Four sectors returned a higher value than the S&P500 close in 2020 adding optimism within adding inflows into the market to 2021 - beyond.
With all other major indexes and rapid new industries taking off - what we will be able to see?
outperforming in 2020:
Tech,
consumer discretionary,
telecommunications,
material sectors
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
BTC below 30K, now what?Update to yesterdays BTC.
Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.
Key:
Grey zone = 4hour
orange = daily
purple = weekly
Blue = monthly
Based on what merit?
Good question, based on the fact - from a technical standpoint - the sell off begins with a new equal high peak or a higher high.
We will expect price to pullback engineering liquidity to shakeout buyers and free up the market players.
Crypto in our eyes works like rocket fuel , in the sense of bursting out - tailing off and crashing - while most FX pairs do this - crypto is still establishing multiple fresh zones both in fractal senses and adoption will have a momentum here if you look from a fundamental view.
Let the price fall and await in the zones - add a trade alert, patience is the key here for longs.
see the 1 hour chart..
what do we see?
off the back of the last move - we saw a great imbalance fill on a daily zone - in the bottom purple zone .
This created a first fresh touch for buyers. We have been experiencing a sell off today which is exactly what is needed in order to retrace to form a fresh touch for liquidity purpose.
BTC to keep showing its strength (positional holding)
Where next?
Imbalance Two - is still untouched at $25k, so we will still anticipate this zone valid.
Target
Upside targets 50k or more!- long term buys.
Zones to watch for long additions.
$29,000 - 30k
$24,000 - 25,550 imbalance zone major zone
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
GBP USD - continuing to climb buysHello traders and analysts,
See our chart for a Brexit 'Yes' whereby, the fishing stumbling block seems to be the major mover for a 'Yes' before the new year or a 'No'.
The USD will continue to see a deepening soft dollar, which is what the US want right now to keep pushing the stocks into 2021 with cheaper import/exports as a major player. Furthermore a cheaper dollar will boost 2021 visitors to the US and see Gold rushed to as a hedge of inflation .
GBP we have a weekly zone the pound has now surpassed creating a good new daily demand to move further.
The monthly zone towards 1.50 as our target for a position buy.
From a fibonacci point of view -
taking the low from March 2020 as a 0 target. the extensions are now on a 1.48 extension.
£1.42 to $1 is a great opportunity to look to on the daily and 4 hour chart. We have a big imbalance in which the buying potential can extend to in the bull rally.
See the 4 hour update here;
See our long term view here:
When it comes to the USD, we have now been seeing continued devaluing of the USD into 2021 with the Biden administration.
The FED injecting 22% of all USD in circulation within one year.
A Staggering amount of est $9T USD was injected to save the US from collapse, despite its ever mounting debt of as it stands 11. 01 .2021
$27.775T USD
www.usdebtclock.org
The question remains as the USD loses value - in order to promote cheaper investment and more prospects for cheaper imports - the country will have a real issue with the constant cycle of financing debt upon debit.
With the Global fiscal policy to remain between 1.5-2% - this should keep the FED side lined for a few years monitoring the US and world economy.
What we would expect to see will be the growth of EM and commodity based countries in terms of FX to continue the growth against the USD.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
GBP JPY update - Longs in playHello traders,
We are seeing on the GBP JPY 4 hour chart an opportunity to go long with a good 4hour trendline which is being respected.
Imbalance
4hr = grey
4hr = orange trendlines
daily = purple trendline
See the previous idea here and click play - it played out perfectly.
See the bigger picture and further analysis below;
Fundamentals at play.
With the successful Brexit transition and recovery from the Risk-off scenario from Brexit, the commodity hedge from Gold will not push higher. While the vaccination and cases remain a concern for the UKs long term success in the economy opening up, the GBP has been seen rising and looks set to continue with a target of 143 poised to be filled by the bulls.
XAU USD & GBP JPY are safe havens so expect the volatility within the pairs to remain strong as short term sentiment turns sour.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI