DeJaV00

DeJaV00

Technical 1.formation of cup and handle pattern 2.confluence level at 50% and 61.8% fibo retracement 3.TP is at the 161.8 fibo extension using 50% retracement 4.strong pinbar formation rejecting daily SnR level indicates that price might retrace in the upcoming week Fundamentally 1.If us-china war escalate,flow into the usd might increase thus weakens the euro as...

DeJaV00

Two possibilities for long in red and blue Fundamentally Euro - With the proposal of 750billion fund to aid the EU countries, hopes on the economic relieve and also covid progress pushes euro strength. Chf - With the positive feedback on the vaccine, market are more positive and thus reduces the fear and safe haven currencies. Risk If the US-China issues tilted...

DeJaV00

PROPOSITION TO SHORT XAUUSD Technical Analysis 1.minor trendline was broken last week.i am looking into entry on the trendline retest and take profit at the end of the trendline compression 2.There is a demand zone at 1466.7 to 1467.8 which agrees with the trendline retest area Fundamental Analysis 1.with the market still riding the positive momentum on us-china...

DeJaV00

PROPOSITION to SHORT AN Technical Analysis 1.Possible Fake Out setup on the m15.Entry 1 and 2 is for tackling the fake out setup 2.Entry 3 and 4 are made on fibo retracement level of 50-61.8.historically level 50 and 61.8 area are flip area/confluence level 3.on the D1 TF bearish momentum are dominant and last week the candle ends with an inside candle.I remain...

DeJaV00

PROPOSITION to LONG on EJ Technical Reason 1.once the price reaches the Trendline,look out for rejection. 2.there is a demand zone at 119 till 118.70 which suits very well with the trendline. 3.the demand zone also is in between fibo 50-61.8 which increase high probability of price bounce around the above mention area. Fundamentally 1.the market is still in...