MULTIDIMENSIONALTRADER

MULTIDIMENSIONALTRADER

EURNZD has broken above the trendline, upon retracement we will be looking to take a long position.

MULTIDIMENSIONALTRADER

AUDUSD still moving up in an ascending channel. Expecting further push up to grab liquidity.

MULTIDIMENSIONALTRADER

EURAUD is currently at a discount level and we are looking for a long position. Waiting for the price to break above the trendline before taking a long position.

MULTIDIMENSIONALTRADER

EURCAD is reaching a Liquidity Zone and the bottom of the descending channel. We can expect a retracement from the Liquidity Zone, however, we will need to wait for a shift in market structure and break of the descending trend line before taking any long positions.

MULTIDIMENSIONALTRADER

CADJPY pushed up further than we expected last week and reached a liquidity zone, we could see further push up into the liquidity zone before price turns. We will wait to see if the price breaks below the first ascending trend line. We will be looking for a short position when we see a shift in market structure and a break of the trend line.

MULTIDIMENSIONALTRADER

CADCHF has reached a liquidity zone and on Friday price pushed above to grab liquidity, however, there is still another liquidity zone above which price can tap into. We will wait to see if the price breaks below the ascending trend line. We will be looking for a short position when we see a shift in market structure and a break of the trend line.

MULTIDIMENSIONALTRADER

On Oct 3rd we shared a chart indicating that we could be forming an inverse Head & Shoulders pattern. We are still within this pattern and if this plays out we are bullish on Gold. Price last week reached a bearish D1 order block and bounced off and now reached a bullish order block. We will need to observe if the price finds support at the order block and...

MULTIDIMENSIONALTRADER

EURCAD is reaching a sopport zone, if we see a rejection we are likley to go higher. Wait for tradenline break to the upside beofore going long

MULTIDIMENSIONALTRADER

If the price rejects the white descending trend line we can expect a retracement to the 1775-70 zone. Break above trend line we are looking at 1833. We could see support at 1770-1775 then a continuation to break above. Break below the red ascending trend line will open up 1720.

MULTIDIMENSIONALTRADER

Platinum had broken out of descending channel and is now above 50EMA.

MULTIDIMENSIONALTRADER

Price has broken above the trendline. Potential for good long positions.

MULTIDIMENSIONALTRADER

Potential for a huge drop. Price looks to have hit resistance. Safe entry is to wait for a drop below the trendline.

MULTIDIMENSIONALTRADER

Platinum has broken above 50EMA and the descending Channel. We now need to observe if this was a fake breakout. If the price remains above 50EMA and finds support above 1000, platinum is likely to go higher. We will need to observe Gold and Silver as Platinum does correlate with both.

MULTIDIMENSIONALTRADER

Silver is still bearish. Price is below 50EMA We can expect a retracement back to the 23.55 zone, if Silver is rejected at that Zone we can expect further drop possibly back to 19.00

MULTIDIMENSIONALTRADER

Last week we mentioned seasonally during October gold is typically range bound. Past week gold remained rangebound and not much has changed. On the chart, we have highlighted The External Range and the Internal Range. There is liquidity on both sides of the Internal Range. Gold at one point needs to break out of the Internal Range. Gold is currently below...

MULTIDIMENSIONALTRADER

The dollar is still bullish and is moving up in an ascending channel. Price is still above 50EMA, we can expect a slight reversal to 93.500 where we believe Dollar will and support before pushing up further. Target is 95.770 in the coming weeks.

MULTIDIMENSIONALTRADER

The weekly chart has closed with a pin bar leaving a large wick. Also, there is a possible inverted Head & Shoulders is in formation. We can expect some Retracement this week possibly to 1735 then a push back up. If we drop below 1720 then 1687 the inverted H&S pattern is negated.

MULTIDIMENSIONALTRADER

Seasonally during October gold is typically range bound. On the chart, we have highlighted The External Range in the Internal Range. There is liquidity on both sides of the Internal Range. Gold at one point needs to break out of the Internal Range. We will be observing the descending trend line to establish which side of the liquidity Gold is likely to reach...