BullmarketFX

BullmarketFX Updated 

BITCOIN has tested and rejected the strong support and demand zone, as investors look to "buy the dip" also has formed a M formation on the daily timeframe, also have bullish divergence on the 4hr timeframe, waiting for 4hr candle close then possible long position, first target the neckline of the M second target will be the previous daily high.

BullmarketFX

BITCOIN after the huge bullish rally we have recently seen market has made a correction and is now consolidating in this descending triangle formation, im expecting more consolidation as range tightens before market will breakout, this could go either way we could see a break to the downside and a bigger correction, or we could see a bullish break due to all the...

BullmarketFX

On the weekly timeframe market has rejected the upper boundary of an ascending channel with a bearish engulfing candle.On the daily market has broke below daily support with a strong bearish impulse which has been followed by a nice correction, now we are expecting to see a continuation to the downside and market to form a new lower low from a daily perspective....

BullmarketFX

NAS has again broke above another resistance with a massive bullish impulse on the daily timeframe, after a impulse we expect to see a nice correction, also on the daily we can see market has formed a nice W formation, after a W you can expect market to come down and complete the pattern at the neckline of the W it happens 90% of the time. At the moment the...

BullmarketFX

GOLD we have a nice short term bearish bias, on the daily timeframe market has made a strong bullish impulse breaking above structure after a impulse we expect to see a correction to atleast the 0.382 fibonacci, also on the daily market has formed this over extended W formation... after a W formation you can expect to see market go and make a correction and...

BullmarketFX

GBPAUD has broke out of this asending channel with a massive bearish impulse, we are now waiting for a correction and market to test the broken support as new resistance, if we see a nice slow correction and all other rules are met we will be dropping down to our entry timeframe to look for a valid entry.

BullmarketFX

After catching the bullish move this morning, GBP has pulled back massively, on the 1hr TF we can see market has broke bullish structure with a massive bearish impulse, we are waiting to see a nice slow correction to the 0,382 fib which is also aligning nicely with structure(which will also form a big head and shoulders) then we can drop down to lower TF and look...

BullmarketFX Updated 

EURNZD on the weekly TF we are in a downtrend market has broke below support and made a nice correction to retest it as resistance, now i am expecting the continuation to the downside to form a lower low. On the daily we have a nice W formation, which we expect to complete at the neckline. giving us more confluence to short.. we will be waiting on lower TF for...

BullmarketFX

On the weekly timeframe market has rejected weekly support with a bullish engulfing candle. On the daily market has broke above daily resistance with a bullish impulse, followed by a correction to retest the previous resistance now turned support and has rejected the new support a number of times. also forming a nice inverted head and shoulders from a daily...

BullmarketFX Updated 

USDPLN market has reached weekly resistance, on the daily market has formed a nice W formation after a W we expect market to go and test the neckline of the pattern, at the moment on lower TF everything is still bullish we are waiting to see a decelleration and new bearish structure to form, then once our rules are met we can be looking for a nice short.

BullmarketFX

Higher timeframes in a strong downtrend, then on the daily market broke below support with a strong bullish impulse which was followed by a nice slow correction, now we are expecting a push to the downside to form a lower low from a daily perspective, on the 4hr we can see everything is still bullish market is respecting this counter trendline and forming higher...

BullmarketFX

On the weekly market is in a nice uptrend and breaking above weekly resistance, On the daily market has broke above daily resistance with a strong bullish impulse, followed by a nice correction to retest broken resistance as new support, on the 4hr market has closed back above support forming new bullish structure, entering a nice long on the retest.

BullmarketFX

On higher TF market is bullish, on the daily market has broke above daily structure with a bullish impulse, followed by a correction to the 0.382 fibonacci which is also aliging with structure, now i am expecting the continuation to the upside and market to form a higher high from a daily perspective, on the 4hr market is still bearish during the correction, i am...

BullmarketFX

On the daily TF market has formed a over extended W formation and we expect to see the pattern complete at the neckline,on the 1hr market has broke below structure with a nice bearish impulse, also a nice head and shoulders looks to be forming we will be waiting on the lower TF for market to meet our rules of entry before shorting.

BullmarketFX

USDJPY we are bullish, on the weekly market has broke above the down trendline, on the daily market has also broke above daily resistance with a strong bullish impulse, followed by a nice correction to the 0.382 fibonacci, also forming a nice inverted head and shoulders. We are now expecting the continuation to the upside so market forms a new higher high from a...

BullmarketFX

GBPJPY we have a nice M formation on the daily TF we are expecting a push to the upside to test the neckline of the pattern, on the 4hr market is still bearish with no signs of a retracement yet, we will be waiting on lower TF for market structure to flip back bullish, and our entry rules to be met then we can be looking to take a nice long, TP will be the...

BullmarketFX

EURZAR, , we have a nice intraday setup, on the daily market has formed a M formation after this pattern we expect to see a push to the upside specifically to the neckline of the pattern, we will be waiting to see if market will meet entry rules on lower timeframes before looking for entries for a long.

BullmarketFX

Now we have a nice setup lining up on bitcoin, market has broke all time highs with a huge bullish impulse, after a impulse we expect to see a technical correction to atleast 0.382 fibonacci, when and if the market gives us this retracement we will be looking to catch the continuation to the upside