JackyTong96

JackyTong96

Price was made a big impulse to the daily resistance and expect it starting a push to the downside from here Because from the COT perspective, in this push to the upside, hedge fund is actually closing their long position and started adding around 2k of the short positions on gold, meaning that this push to the upside is want to accumulate some short positions in...

JackyTong96

Price is clearly rejected at the daily resistance and expect it to make another downside from here. According to the some fundamental factors, the current worldwide recession could make JPY become stronger and stronger From the COT perspective, hedge fund seems like started bullish on JPY since the net positions increase, number of long increase and short...

JackyTong96

Price is clearly rejected at the daily support and expect it to make an upside retracement from here. From the daily perspective, the price may keep pushing up to the recent structure a.k.a previous support turn to resistance for a retest. From the COT perspective, hedge fund keeps closing the long and short position for few weeks, and this week they closing...

JackyTong96

Price is clearly rejected at the daily support and make a nice push to the upside from here. From the daily perspective, the price may keep pushing up to the weekly resistance and make a new downside impulse form weekly resistance. From the COT perspective, hedge fund keeps closing the long and short position for few weeks, and they finally adding some long and...

JackyTong96

Price is clearly moving around the daily resistance and expects a push to the downside from here. From the daily perspective, the price is testing the 50% of FIB, if it shows some rejection from here, it may see a push to the downside from here and complete the impulse correction and new impulse pattern. From the COT perspective, hedge fund keeps closing massive...

JackyTong96

Price is clearly rejected at the daily support and make a nice push to the upside from here. From the daily perspective, the price may keep pushing up to the weekly resistance and make a new downside impulse form weekly resistance. From the COT perspective, hedge fund keeps closing the long and short position for few weeks, and they finally adding some short...

JackyTong96

On the weekly perspective, the price was created a M formation, after the M formation, we expect the price to push up and retest the neckline of the M. a.k.a previous support turn resistance. so, I will be monitoring the price action on the 4h timeframe, if the price break above the daily structure plus retest, we can take a long position on this pair. On the COT...

JackyTong96

Gold was created another new structure on Friday, but long at the current price is not a good way, even on the COT perspective gold is getting stronger, but I am not interested in long now, because banks may take some profits inside the current area to push the price lower in order to get some liquidity to buy low and sell high. So, I will be waiting for the price...

JackyTong96

Price is in the support area, if there is show any rejection inside the support area, we can take a long on this pair to catch up the deeper retracement, after that, we might take a short position if there has shown any valid entry to us. On the COT perspective, both AUD and CAD are getting stronger but CAD>AUD, so we might take a long position on this pair just...

JackyTong96

Waiting for the price to find the support at the low, if the price break above the daily structure, I will monitoring the price action on the 4h timeframe inside the retest area, if this area provides any valid entry, we can take a long on this pair. On the COT perspective, AUD is getting stronger and USD is getting weaker, so we can expect AUDUSD push to the...

JackyTong96

The continuous downside for gold is expected, waiting a retract until 38.2 of FIB level, then may see a continuous downside for gold. Targeting 1450, if break 1450, 1430 is possible.

JackyTong96

price was breaking down the 4h support last week. expect a pullback next week, then can start to short this pair. the blue line, which is 136.012 is corresponding to the weekly and daily's 50% of FIB level

JackyTong96

price created a double top last week and continue to move to the downside and reached to the major demand area. if show some sort of rejection from this area, we can long this pair until the major supply area (first arrow)

JackyTong96

The continuous downside for EURAUD is expected. Waiting for the price pullback to the supply area, once it shows any sign of rejection from the supply area, we can short this pair again.

JackyTong96

Price perfectly rejected from the weekly trend line last week, and continue move to the downside. Next week expect it retracts to the 61.8% of FIB level to create a lower high, then we may see a continuous downside.

JackyTong96

We may see more downside for EURUSD, waiting for the pullback till 50% of FIB level, then can start to short this pair.

JackyTong96

If price rejected from the demand zone, wait for the pullback till 0.68308 then may see more downside for this pair.

JackyTong96

Price was consolidating for last week, and now price reached the demand zone and was rejected, waiting the price retract at least to 38.2 of FIB level and form a lower high, then may see a potential downside.