JackyTong96

JackyTong96

From the weekly and daily perspective, price is moving to the upside extremely without a proper retest, a continuation of further upside is expected after the price retested the structure I just identified From the COT perspective, hedge funds are bullish bias on both EUR and JPY, more long opened than the short they had opened. And during the economic crisis, we...

JackyTong96

From the weekly perspective, price is sitting around the weekly minor structure and expect is going to the downside (Weekly Support) to grab some liquidity before it going to the upside. But from the daily perspective, the price was broke back above this structure on Friday, it may result a continuation to push to the upside. From the COT perspective, hedge funds...

JackyTong96

From the weekly perspective, price is approaching to the weekly resistance before it going to the downside since we have a bearish impulse followed by a deeper correction and expect a next bearish impulse to the downside from the weekly timeframe. From the COT perspective, hedge funds are bearish bias on the AUD, more short opened than the long they had opened...

JackyTong96

From the weekly perspective, AU has reached the weekly resistance and rejected it yesterday, and we may see AU start to push to the downside next week. From the COT perspective, hedge funds are bearish bias on AUD, during AU push to the upside, more shorts are opened compared with the longs they had opened, this implied that they are accumulating their short...

JackyTong96

From the daily perspective, EU has already breakout of the ranging the market, and now we may see a continuation to the upside on EU From the COT perspective, hedge funds are bullish bias on EUR, more longs opened that short, and they already added another 7.2k of longs position on EU in the latest week, in this case, EU may push to the upside. The proper way to...

JackyTong96

From the weekly perspective, the overall trend of GU is bearish, and the continuation of the bearish trend is expected. From the COT perspective, hedge funds are bearish bias on GBP, more shorts are opened, net position huge in negative, from 4k of net positions and now -22k net positions, therefore, a push to the downside for all GBP pairs are expected. The...

JackyTong96

From the weekly perspective, NU has reached the weekly resistance and rejected it yesterday, and we may see NU start to push to the downside next week. From the COT perspective, hedge funds are bearish bias on NZD, during NU push to the upside, more shorts are opened compared with the longs they had opened, this implied that they are accumulating their short...

JackyTong96

From the monthly and weekly perspective, UC is continuing its deeper retracement before it going to the upside, since monthly and weekly shows a bullish impulse correction and expect another impulse to the upside. From the COT perspective, hedge funds are bearish bias on CAD, more short opened, and no longs open, this implied they are interested in selling CAD...

JackyTong96

From the weekly perspective, the price created a M formation, after the M formation, price usually will retest the neckline of the M (Previous support now turned resistance). And from the daily perspective, the overall environment in the market is still bearish, long at this moment is not a good choice for us. From the COT perspective, hedge funds are still...

JackyTong96

From the weekly perspective, price is creating an impulse followed by a correction, and expect new impulse to the upside. And from the daily perspective, price is facing a strong supply zone right now, if the price manages to break this level, further upside is expected. From the COT perspective, hedge funds are still bearish bias on CAD, and from the longer-term...

JackyTong96

From the weekly perspective, price is creating an impulse followed by a correction, and expect new impulse to the downside. And from the daily perspective, price is sitting in the strong structure right now, if the price manages to break below this area, further downside is expected. From the COT perspective, hedge funds are still bearish bias on CAD, and from...

JackyTong96

From the weekly perspective, price is sitting inside the strong resistance area and created an overextended W formation, after the W formation, price normally will retest the neckline of the W (Previous resistance now turned support). From the daily perspective, the price was broke above the new structure and it may close back below this structure and create a...

JackyTong96

From the daily perspective, price is still moving inside the support zone and resistance zone, it does not have any opportunities for this pair unless the price will break out one of the directions. From the COT perspective, hedge funds are still bullish bias on CHF, and from the longer-term perspective, the total of long positions (13k) is greater than the total...

JackyTong96

From the weekly perspective, price is creating an impulse followed by a correction, and expect new impulse to the upside. And from the daily perspective, price is rejected from the strong structure area right now, but now it faces a bearish trendline right now if the price manages to break this trendline, further upside is expected. From the COT perspective,...

JackyTong96

From the weekly perspective, price is creating an impulse followed by a correction, and expect new impulse to the downside. And the price still has room to push to the weekly resistance before it going down, From the COT perspective, hedge funds are still bearish bias on NZD, and from the longer-term perspective, the total of short positions (26k) is greater than...

JackyTong96

From the daily perspective, price is still moving inside the support zone and resistance zone, it does not have any opportunities for this pair unless the price will break out one of the directions. From the COT perspective, hedge funds are still bullish bias on EUR, and from the longer-term perspective, the total of long positions (167k) is greater than the...

JackyTong96

From the daily perspective, price rejected the strong structure area and push to the downside last week, and this push to the downside might continue in the next week. Because from the COT perspective, hedge funds are still bearish bias on GBP, from the longer-term perspective, the net positions have become weaker and weaker. The total of short positions (54k) is...

JackyTong96

From the weekly perspective, price is sitting inside the strong resistance area, it is not possible to enter a long inside this area. From the daily perspective, the price was broke above the new structure and closed back below, this can consider as a fake break out to hunt those breakout traders and grab the liquidity to push the price to the downside. From the...