Mr_J__fx

Mr_J__fx Updated 

- Awaiting Change of Character (CHoCH) for $USD/JPY on *W tf (weekly time-frame). Market Structure looks healthy in terms of Higher Lows on smaller time frames (1-4hr) Decent probable Shorting opportunity in case $USD/JPY fails CHoCH. Shorting opportunity on Resistance Trendline of Bearish Flag Pattern on *W is perfect. Pullbacks to at least 20 EMA *W + S/R...

Mr_J__fx Updated 

- Bitcoin is sitting at a good buying opportunity on different perspectives (long-term investing DCA, mid-term bounce- short term craze) ; in the midst of TVC:DXY plunging today Currently trading at Strong Zone of Support : - S/R area - Its Support of Golden Zone of 15K low to 31K High (CHoCH uptrend) -Demand Zone Looking for CRYPTOCAP:TOTAL2 as well to...

Mr_J__fx Updated 

- Silver has been suffering for a while, correcting in it's Price Action. Uptrending from August 2022, it has done printing a Bullish EMA's Crossovers of Mini(20&50EMA) and Major 50&200 EMA; post trendline resistance break-out and re-testing it as successful support before aiming higher Currently it has found a small support base stuck between 20 & 50 EMA on...

Mr_J__fx Updated 

LONG opportunities incoming for Gold *W (tf) (wave 5) Wave 4 completed ? Long Confirmation is anticipated with the red trendline resistance breakout and CHoCH's on smaller time frames. Current support trendline support on green and 20EMA on *W TA speaking, Gold is sitting at a very sweet spot until the uptrend is invalidated - Looking ahead for New All Time...

Mr_J__fx Updated 

$EUR/USD is exploding today as a result of TVC:DXY plunging hard. Fundamentally speaking , concerning is the fact of Euro-Zone's Recession . TA speaking, $EUR/USD is about to be put on stop of it's impulsive price sky-rocketing due to approaching Resistances such as ; -8HR* OB -Macro Broken Trendline which was firstly support but now found as Resistance. If...

Mr_J__fx Updated 

TVC:DXY - 12Hr* Bull Flag - TVC:DXY Bull Flag post break-out still valid and in play until Price Action nullifies it. Breaking the Bull Flag (in green) and the Resistance Trendline (in red) coming from 114 Highs will confirm another Macro Higher Low in $DXY. (in play would be the macro wave C putting The Dollar Index at 96) LH confirmation would give the...

Mr_J__fx Updated 

- Eurozone OANDA:EU50EUR is officially in Recession due to two consecutive negative quarters in a row. The Euro-Zone entered a Recession in the first quarter of this year and economists are not optimistic for the coming months. Having said that, its Index OANDA:EU50EUR continues to hold its head up high, but the question is, how much longer will it maintain to...

Mr_J__fx Updated 

- The Dollar Index TVC:DXY seems to have completed Wave C of its A-B-C Elliot Waves Correction, today on ECONOMICS:USINTR Fed's announcement. TVC:DXY must hold the lows of Wave C at 102.6 and 1 level of Fibb' Zone, otherwise, its macro downtrend from 114 High will be printing another Bearish Lower High This, however, would be a fantastic opportunity for The...

Mr_J__fx Updated 

- FX:SPX500 breached through Macro Fibbonaci Golden Zone, taken from the Highs of 4812 $ to the lows of 3489 $. Although managing to do so, must be noted that FX:SPX500 is Dead in Volume(below average volume) and overbought in RSI . Weekly Close in 2Days 13hrs. Regarding it's Price Action, the overall condition of current uptrend still intact, as long as it...

Mr_J__fx Updated 

- Swing Short Trade opportunity for $EUR/USD Short trade within Ascending Triangle, which is a Neutral Pattern that can be broken either to Bulls or Bears. Demand yells for lower $EUR/USD. Even on Volume Profile ; 4Hr* (TF) Stay Sharp ! Until the next one .. TRADE SAFE *** NOTE that this is not Financial Advice Please do your own research and consult...

Mr_J__fx Updated 

- Taking Profits first target reached (Golden Zone) Short Trade still active for now. Losing a grip of Golden Zone and Triangle breakdown will confirm more Bears running wild through the valleys of Price Action mountains. TRADE SAFE *** NOTE that this is not Financial Advice ! Please do your own research and consult your Financial Advisor before partaking...

Mr_J__fx Updated 

- It seems TVC:DXY found temporary Support on the Bullish Cross Over in the last Week, by testing it thrice and jumping around. Concerning is the Change of Character (CHoCH) in Wave A of A-B-C correction ; by violating the last Higher High of 103.3 (where fibb is taken). However, this may only be a small issue regarding Higher Time Frames Uptrend. Zones to...

Mr_J__fx Updated 

- With Europe entering in to Recession as a cause of two consecutive negative quarters, a positive Price Action is a merely a relief rally that will be short lived.. Golden Zone is most definetely reachable taking into consideration the negative Macro-Economics events for Europe . Patience is a virtue . TRADE SAFE *** NOTE that this is not Financial...

Mr_J__fx Updated 

- CRYPTOCAP:BTC has broken down the triangle pattern, as well having a Character Change on Price Action. It seems BITMEX:XBT will be headed South , to at least the Golden Zone area of Support in the short term. Post break down, Local Resistances are the broken S/R area and 200 EMA. Last Weekly Close , Altcoins CRYPTOCAP:TOTAL2 got their gains wiped...

Mr_J__fx Updated 

- The Dollar Index TVC:DXY has a very interesting short to mid term time frame ahead regarding its Price Action and Decision Making Time ticking . Currently TVC:DXY is bouncing around a Big Middline S/R area of 100-106 Range. Both 'ANIMALS' have their fair share of Case, while for now, Bulls are more dominant on medium term while Bears have taken total...

Mr_J__fx Updated 

2022 showed up to be a a very wild volatile year for the Forex Markets. A year filled with Turmoil events experienced by Fiat Curencies in the midst of a Broken Monetary Debt based System. In particular that of $EUR, it printed it's price action to as low as 0.90 valued against US Dollar . A re-visited old Level of Support dating back as far as early 2000's...

Mr_J__fx Updated 

- Today, June 10th, 2023, CRYPTOCAP:TOTAL2 Altcoins are being smacked to the face with the least of shame from Bitcoin's Dominance ! CRYPTOCAP:BTC.D has increased intra-day at 2% with BITMEX:XBT dropping as much as 3.5 %. When compared to Altcoins CRYPTOCAP:TOTAL2 , Bitcoin's dump so far for the day looks not as bad in terms of % negative...

Mr_J__fx Updated 

- Monitoring The Dollar Index TVC:DXY and constantly keeping an eye on its Price Action packed with Stories to Tell , is very important in your Trading Journey. TVC:DXY its ; The best Strategy, the best Signal the best Indicator Why ? Because it's a Dollar Story ! As the phrase goes : 'Paper Rules the World' And so it does, to the average man working 9-5...