HydraFinance

HydraFinance Updated 

I am still looking for an entry point into this idea. Important aspects of it is 1) We should see the 108.15 level hold, 2) Price should go lower and find some support along the lower channel line. When I find a good place for entry I will update.

HydraFinance

We see a clear trend down, as can be represented by the purple trendline. After a clear break of this aforementioned price started to show a strong push upward, I feel strong that this rally shouldn't surpassed the previously established highs of 1.78 or 1.80 but the end net retracement of this move will remain unknown until the move has passed. Follow next post...

HydraFinance

I expect price to continue to move in the price range it has respected for the past 5 years. Very straightforward. I have no real directional trade to look for in this timeframe.

HydraFinance Updated 

This is a short term trade idea, I dont look to hold this position too long. As long as 1.122 holds we should se a move up until we hit at least 200 pips at 1.142 .

HydraFinance

On Friday we had a break and close above a downtrend that went on since the beginnings of April this year. Now this doesn't mean that price must now shoot off to the moon, this would be a much greater certainty once price manages to, if it ever does, do the same thing across the down trendline extending from late 2015. If anything, the level that should hold and...

HydraFinance

This is one of my favorite exotic pairs due to the technicality of the price movements it does, and I am a fan of Thailand overall. This moves has an immense potential to the upside. The downward trendline gives us a good hint at when this might develop. Follow up for further dissection of the movement.

HydraFinance

A down trendline from more than 2 years ago has been broken, the initial break occurred on Wednesday after which price stayed around it for the remaining two days of the week.

HydraFinance

As we can see we have two big factor here to make sense of why we are looking to go down. We had a 3 swing (2 against the bearish trend) moving against our previous establish move down, making the second one smaller than the initial move. Now we could theorize that we are going deeper into a development of a new trend UP by building a bigger base before price...

HydraFinance Updated 

Price has been in a sideways pattern that has consumed more than 3 years by this point. What seems interesting is to make a case for the downside comes to live on the lower timeframe and more recent price action. We will discuss this in detail later but for now let us say that we expect a future price target in the near vicinity of 124.00, if price moves above our...