Trump
BAC - Bank of America Corporation - ShortThis stock is currently inside a triangle. It has a very strong resistance, so it might break the triangle and enter in a downtrend until it reaches the support.
This idea is predicting a very similar movement as "Long for TSLA".
Follow me for more ideas and for more profits!
GBPUSD Short GBPUSD formed a double top and bearish engulfing on 4h hour chart, looks like investors are going to turn risk off after Trump comments about China.
An update on my last DXY ideaUpdated TA from my previous post. This time on the 4H.
Sellers held 100.75 and are now fighting for 99.80. If buyers take control here then we'll see a possible technical event in the yellow box with a confluence of:
-multiple moving averages
-100.00 handle
where sellers can reject price from once again.
Biased to the downside for reasons stated previously.
USDJPY possible buyUSDJPY passed by a bullish engulfing and now is in the three white soldiers pattern. There is a high probability of the start of an uptrend.
2 possible movements for USDCHFLet´s watch the movement of this pair. I will wait for the confirmation of which scenario it will follow.
XAUUSD shortAfter reaching one of its resistances, XAUUSD might fall. We can wait for this scenario to happen, but we should trade only if we see the confirmation.
GBPUSDDaily Supply & Demand Zones - any divergence shaping up? Just assessing key levels.
Our indicator on the chart is Mayfair's OBV Divergence, Moving fibs and support/resistance from higher timeframes.
Be great to get comments on the coming week's thoughts for this pair.
Have a great weekend!
EURUSD short term longGood morning traders,
We can see that the eurusd has pushed up with conviction in the last session, giving me a hint of where the next move should go.
As always, keep the risk managed!
Cheers :D
DXY bearish biasBeen holding onto this TA for a while now. I posted it on twitter a lot earlier, you can follow me @thecolour_red.
On the chart you'll find 3 seller owned levels and one key liquidity area below that holds bullish sentiment. Currently, 100.39 has rejected price and is being challenged by buyers in the aforementioned zone.
Fundamentals:
-the rejection was printed before the Core Durable Goods figure release and the flow was corroborated on the DOW
-additional QE will drive down the bid in the long term
Sentiment:
-Dollar is overvalued at the moment when compared to G7 currencies
Price action:
-major squeeze playing out, as you can see from the chop of last week's PA on lower TFs
-more patterns printed on lower TFs
Technicals:
-double top and resistance holding
-price currently in range (floor is the bullish area)
Additional notes:
-BoJ MP statement early in the week (key part of macro analysis and will add bias to global flow)
USDCAD - 300Pip trade either wayWait for price to impulse break either of the 2 pink zones and retest. 300pip target either way
AUDUSD Neutral AUDUSD has been in a bullish rally for about 2 weeks in a row now, ever since the market crashed and the US dollar completely crumbled Trump started dumping money into the economy which has made the market come back to life and people not loose as much money. The markets are looking positive but there has to be a greater idea behind it? Maybe trump dumping so much money into the economy will completely wipe out the US dollar and we go full crypto as our new currency? Hmmmm, well either way here is my mark up we are ready for both things to happen, either way we making moeny. Happy trading traders!
USDCAD short scenario OIL FLOWTechnically facing supply and sellers entering since downward arrow.
Fundamentally, the CAD is due to gain back some value as oil beings to recover.
DXY being squeezed into the 100s.
OIL BELOW 2$ THE BUY OF A LIFENo need to explains everything and i have to write fast for this news but this is great great great opportunity if you don't leverage its like impossible to loss on long term
/!\ Remember this is not a financial advice just only my own opinion on the market please thinking and make your own chose /!\
Please notice this is not trading, or entry signals just an analysis, one day I might make a post on what is the difference between an analysis and a trading signal if you asking.
Feel to share your thought in comment I always read all and try to answers if possible.
Thanks for reading have a good day!
