Mr_J__fx

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...

Mr_J__fx Updated 

Euro has broken down it's giant Weekly Bearish Flag , forming within the pattern an uptrend coming from the lows of 0.95 , dating back in September 2022. Having faced resistance at 200EMA *W (1.10) and printing a Doji at that particular Candlestick , signaling so, an end to the uptrend. A down-trend has been established, momentum of which, broke down the bearish...

Mr_J__fx Updated 

BITMEX:XBT is fighting to maintain it's uptrend after facing resistance on 200EMA, with the nearest below support coming at 25.000$ Level Zone ; (CHoCH + 0.618 Golden Zone) Breaking the recent HigherLow at 25.785 $ will confirm more the Triangle breakdown and the loss of S/R zone. For now, this level is a small CHoCH of the previous low inside S/R zone of...

Mr_J__fx Updated 

All Eyez on TVC:DXY ! The Fate of other Financial Markets is to be decided on X Date of Debt Ceiling Important Candlesticks prints on *2W and *W Dollar Index seems to been having stuck between the range of 100.8 - 105.9 so far speaking of 2023's Price Action However, with the incoming decision of Debt Ceiling this range can very well be violated on it's...

Mr_J__fx Updated 

-Surveying TVC:DXY on 1 Hourly (tf) and it's series of Higher Lows. Breaking the Structure of recent previous x2Top and Resistance Trendline would nullify the 1H* Downtrend (Rounding Top) in terms of Price Action, with TVC:DXY heading Higher. A-B-C correction would Break Structure of Uptrend on more broader picture (higher tf) TRADE SAFE *** Note that this...

Mr_J__fx Updated 

$APPL has well established its Throne as The Champions of Branding in this era of capitalism. When it comes to their Sell Revenues, their Year to Year iPhone updates and other accessories coming with salty prices at lofty figures come to help, as a result of theirs using the Apple brand extensively, trying to get the most out of it, and with no blame...

Mr_J__fx Updated 

TVC:DXY testing today the Golden Zone of the last LH-HIGH fibbonnaci level. Lose 0.618, 103.36 incoming for The Dollar Index. Bullish momentum of 50 & 200 EMA Golden Cross would also act as Support coinciding with 103.3 level, in case TVC:DXY fails to close above 0.618 zone. Meanwhile CRYPTOCAP:BTC seems to have broken Character of 25K, with a Daily Close...

Mr_J__fx Updated 

All you need to know about #bitcoin and where it's at , Fundamentally and TA speaking ; Fundamentally, there is a mixed feeling between Bulls and Bears. They both have their solid case ; Recently #bitcoin has been fueled in price by the Banking Crisis which is likely to continue, and Feds may be on no support of banks bailout, as the US Debt Ceiling has reached...