Marchelino_C

Marchelino_C

looking for DXY to melt into 97.00 after touching one of the highlighted zones. This is interesting for EURUSD and USDCHF. Will be keeping an eye on these pairs as they have a very strong correlation to the dollar index.

Marchelino_C

Coming off the perfect call into 18500, this is what I'm looking for: Looking for a pullback into these regions before liquidity comes back into the market and pushes it up

Marchelino_C Updated 

We saw a huge push up in stocks and indices on Friday after Trump gave a speech. This would have caught people who were selling at lows out, however this was the corrective move that was in indices in order to collect more orders for the final push down on US30. I see price moving into the 24500(61.8% fib, structural resistance as well as the weekly TL retest)...

Marchelino_C Updated 

Gold had broken the LH's formed and the inner TL, hence my bias has changed to bearish. I am expecting a tap of the outer TL before correcting the move and forming a head and shoulders before the bigger move to the downside comes into play. Take profit for the long term sell from the 1550-1600 levels would be 1250-1275. This would be consider a really good swing...