What's up trading world! Hope you have been well & taking care of yourself in these uncertain economic times! I am back with another DOLLAR INDEX update, now I did say I would update at the end of June however, with 1st July being a Friday, I wanted to observe how the market plays out so I could give a move comprehensive update! UPDATE: 1. Bearing my previous...
Oil has been riding that trendline to new heights, but the more times a trendline is tested, the weaker it gets. this theory has held true once more as price has broken below this MAJOR trendline. A break of structure can also be spotted as price retests previous areas of support as resistance. It looks like its time to sell as price seems to have completed the...
EURUSD has been bearish as the dollar strengthens. We are looking for bearish continuations. Firstly is whenever the trendline below is broken we will look to sell(follow to stay updated) Secondly the price may rise to a much larger trendline and there is where our best sells may be at 1.07000
Oil has been riding that trendline to new heights, but the more times a trendline is tested, the weaker it gets. this theory has held true once more as price has broken below this MAJOR trendline. A break of structure can also be spotted as price retests previous areas of support as resistance. A bearish market is what I am strongly anticipating, and sells I...
Nas100 has been very bearish for weeks as a result of the Russia Ukraine crisis and rising USD rates. From the impulsive bearish movement price has tested a major supporting trendline on the weekly for the third time, sparking a bullish movement. An inverse head and shoulders was formed and the price broke the neckline, moving higher. The market has now tested...
US30 has been very bearish for weeks as a result of the Russia Ukraine crisis and rising USD rates. From the impulsive bearish movement price has tested a major supporting trendline on the weekly for the third time, sparking a bullish movement. An inverse head and shoulders was formed and the price broke the neckline, moving higher. The market is now approaching...
BSL to take out, demand in discount, which took LQ, HP area for longs upon correct conffirmation
EURCAD H1 - LONG We will be waiting for the H4 closure for a clear breakout of resistance area, then look for a pullback onto the broken structure for a LONG position towards the next resistance area @1.54600.