Hi All, USD pairs have been indecisive for the last couple of weeks, with no clear trend. This pair still respecting a upward trend, will it keep moving up? The thing is all countries are trying to devalue their currency and there is a race between who can do it faster. Some suggest the Dollar will be the winner and basically USD pairs should be gaining....
Hi All, Trading is mixed for the last 2 weeks, and NQ isn't an exception. What do you think is yet to come? A major correction down or follow through to the uptrend? Major uptrend support line is still holding though it was recently tested. Who's watching from the sidelines?? Thnx Jad
Hi All, NZD seems to be trapped for the last couple of weeks. What do you think will happen? Will it break and turn bearish? Thnx Jad
Hi All, I see a strong bullish move on this pair. The setup is right for more upward movement, possible retest of March highs. Let us see what will happen next week. What do you think? Thnx Jad.
Hi All, So BTC is showing some bearish price action, which goes along with the bearish indicators. How will it follow through you think? Are we bound to touch lower levels? Perhaps ~7000?? Thnx Jad
Hi All, Oil was bit tricky last couple of weeks. News were mixed, and worries of increased COVID cases is pushing it down. More production cuts are holding the prices up, but how much will it hold before big producers decide to go back to full capacity production? On the charts, price action is still maintaining a nice trend line and trading above the...
Hi All, I see BAT still on a bullish trend, maintaining the trend line since the last March crash. What do you think about this Crypto? Does it have potential to grow? Thnx Jad
Hi All, What do you think about this formation? Seems a huge H&S and corn is getting pretty cheap :).. Possible retest of the neckline? Thnx Jad
Hi All, ETH still in a squeezing mode between uptrend line and resistance at 250 as well as the down trend line. It is still above the green cloud on the daily TF, however, lower TFs some sell signal are emerging. What do you think? Thnx Jad
Hi All, So the S&P is closing few 8H candles below the cloud. The setup is still far from a sell signal on the 8H, but seems it is boiling. What do you think will happen next? Thnx Jad
Hi All, BTC is getting into a tight squeeze, and might be getting ready for a big move?? I can notice the following happening 1- Approaching global down trend line from the bottom side. 2- Approaching the green ICHIMOKU cloud from the side. 3- Approaching last uptrend line of the pitchfork. 4- ATR reaching daily lows. This combination should lead to a big...
Hi All, EUR showing some bullish behavior on the weekly ICHIMOKU. A green patch along with price action moving above the red cloud. Also we have a Blue/Red cross to the upside. Could see further upside with indifference from various markets to new COVID news. What do you think? Thnx Jad
Hi All, I see the pair doing some bullish action. After retracement, the previous long bull trend might be continuing. Need to keep monitoring. What do you think? Thnx Jad
Hi All, Will the GBP pairs continue rising in the upward channel? Or will it break in form of a bear flag? Thnx Jad
Hi All, So NASDAQ back to ATH. The bearish divergence persistence on the index. Will it just go unnoticed? Maybe we just need to go with the flow. What do you think? Thnx Jad
Hi All, What is your take on such pairs? Each currency goes up and down relatively together against the USD, so end up stuck in a tight range. Will it break out soon? These patterns make it very difficult to trade, with very small probability setups. Thnx Jad
Hi All, I got some ABCD pattern with good ratios (needed to ignore a small portion). Seems the price got rejected at 40.5 again. We might eventually end up with a double top. What do you think? Thnx Jad
Hi All, So which part of history will repeat itself? Will BTC bounce off the green cloud and start a new bull market?? Or will it enter the cloud in a transition to a new Bear market? So far indicator are getting more and more bearish with each day passing. RSI is below 50 and MACD is almost at ZERO. What do you think? Thnx Jad