HydraFinance

HydraFinance Sep 21, 2020

We've been coming down on a long sustained downtrend since March. By a structural view of the daily trend this seems to have ran out of steam. What seems to be coming to be is a strong reversal of at least half of the last trend which should yield an approximate advance of at least 500 pips. What seems to be developing right now is still a very unpredictable...

HydraFinance Sep 21, 2020

We might be led to think that since price has been in a continued downtrend since March around where the recovery from the covid crash happened. In the beginning the recovery gave the look that we might be headed for higher highs on the long term but given the depth of this market correction I would not be surprise would this result to be only a building block on...

HydraFinance Sep 20, 2020

If price continues lower then what I am looking for wont be valid and likely I wont even get in the market or look to do something on the sell side. If, however, I am proven to be right on my guess price then should rise above the depicted level of 136.25. Depending on how much time takes to do this it will encounter several important resistances along the way...

HydraFinance Sep 20, 2020

Price has revisited the zone of a trendline it penetrated more than a month and a half ago. It aggressively penetrated through it but failed to closed under it for the day, however the next day price again moved under and manage to close this time successfully beneath it but failing to create a new low. The coming weeks open should reveal some vital information...

HydraFinance Sep 20, 2020

It almost seems obvious that the market wants to push higher. The extent of this push as I always say, is unknown but with a very high degree of certainty this move and close above the trendline conforms to a strong bullish candle that also closed above all of this bearish pressure and served only to check this trendline. I buy above 1.1874 might yield a good...

HydraFinance Sep 14, 2020

I have been tracking this market for a while now and in contrast with many of the aussie pairs, this one has been showing a increasing strength and optimism. As we stand we can either be in the middle of a developing complex correction or at the end of this and the beginning of a new search for higher prices. In any case the immediate implication for any of the...

HydraFinance Sep 14, 2020

Alot of the aussie pairs are starting to show weakness in its recent price action. AUDCAD has steadily climbed back up the ladder after we had the selloff from .9654. The way in which this crawl up has been made further indicates a corrective rather than an impulsive move. Should I be correct we will see price start dropping this week with the key mark to respect...

HydraFinance Sep 14, 2020

Price has failed to accomplish a new high while still moving along the path of a bearish trendline. I will be looking to get in somewhere in the retracement of the fall from 1.6335. If I fail to find a place to enter I will as a last chance enter on the yellow dotted line. Most important level that should hold for this to be valid is 1.6355.

HydraFinance Sep 14, 2020

Price fails to meet important retracement levels. Im looking for price to start falling immediately off of this 3 push up structure that has preceded this analysis. This trade will be further confirmed once price achieves a close below the trend line following the entire bull market.

HydraFinance Sep 8, 2020

Price structure has configured in a manner that gives a very likely path for higher prices, of course never a certainty but keeping in mind the key level that should hold which is 78.95 I could see price easily sliding lower to around the 79.70 level. After this any move to the yellow line I would buy looking for at least a move past the blue line.

HydraFinance Aug 26, 2020

Price has been moving down a slope of hope after the Coronavirus Highs in March. Price has been respecting a trendline that has followed the move from the initial down impulse. If and when price breaks through this line will give a very clear insight into the new line of least resistance. The extent of this upsurge is unkown but even a portion of the previous...

HydraFinance Aug 14, 2020

Price broke above a 6+ month downward trendline. This in and of itself isnt much of an indicator but when seen on the scope of the most recent price action there is good reason to believe we should se prices shoot to the moon on this pair.

HydraFinance Aug 2, 2020

This is too clear. Not to mean I might not be wrong, at the end of the day guys this is only MY informed guess, informed but guess non the less. I am expecting a rise to at least the previous 81.95 high. I will further dissect an entry option for the pair in a lower timeframe. Happy Trading :)

HydraFinance Aug 2, 2020

We have had a lateralization in the AUDNZD pair going back more than 5 years. This started after a huge downtrend that descended from 1.377. We are now probably about to experience a rally to the upside that will look to retrace this previous downtrend. Now most importantly the level that should hold is 1.056. I have to methods I might get in this: 1) if price...

HydraFinance Jul 30, 2020

Price did just as we expected. Now dont let this fool you, in this case we were lucky. Given the behavior we have experienced I still see further downside potential in this pair. I am just guessing to the extent and profundity of this move to come, but if my expectation is correct it probably is better to wait it out on the sidelines. Now this said, if your still...

HydraFinance Updated  Jul 30, 2020

We had a retest of the 0.9175 price level at the CoronaVirus big selloff. Price couldn't get past this zone and actually closed the week of the low on incredibly upward momentum. A break and close above the declining trendline should yield a move to the blue ray zones above.

HydraFinance Updated  Jul 30, 2020

As long as the line marked holds, we should see price drop to at least the previous low around the 1.33

HydraFinance Updated  Jul 30, 2020

As a disclaimer the drawing in the chart is my bias. I believe price may push above the line a little further before retracing a bit. Obviously this may not be so and price may go sooner than thought to the pointed out price levels depicted above by the blue lines. The way I would trade this is to the long side but given my most recent thought of price I do expect...