MarkhorTrader

MarkhorTrader

Palladium is showing signs of exhaustion as it forms a rising wedge pattern accompanied by a bearish divergence. This classic setup indicates a potential reversal or breakdown, with momentum waning despite higher price action. Watch closely for a breakout from the wedge.

MarkhorTrader

This chart illustrates a notable divergence in Platinum, which has recently broken below a key trendline. This technical signal may indicate a potential reversal or shift in market sentiment.

MarkhorTrader

This chart highlights a bullish setup for USDJPY, with the 0.618 Fibonacci level serving as a key entry point. Additional confluence from a rising trendline strengthens the bullish bias. I'm monitoring price action closely at these levels for confirmation before executing the trade.

MarkhorTrader

This chart highlights the bearish outlook for EURUSD, supported by key Fibonacci retracement and extension levels. With recent price action confirming downward momentum. Stay tuned for further updates as we track the market's next move.

MarkhorTrader

AUDJPY is gearing up for a potential breakout from an ascending triangle. With rising lows signaling buyer strength, the key question is whether the pair can break through the resistance at and unlock further upside.

MarkhorTrader

The bullish flag on Silver suggests that the market is in a temporary consolidation phase, with bulls gathering strength for the next push. A break above the pattern's resistance could trigger a continuation rally, while failure to do so may lead to further sideways movement.

MarkhorTrader

RTY1 attempted to break through a key daily resistance level but failed, signaling potential weakness in bullish momentum. Watch for a possible retracement toward support zones or consolidation before the next attempt.

MarkhorTrader

Currently USDJPY following dow theory and conitnuously making higher highs and higher lows.