Ochlokrat

Ochlokrat Updated 

Wow! That was an impressive rally in WTI last week. The oil price rose by almost 16 % due to geopolitical tensions in the Middle East and the start of hurricane season in the USA. However, WTI has now reached an important resistance area and the RSI is also showing clear bearish divergences. We are taking advantage of this to open a short position. Our price...

Ochlokrat Updated 

Today's economic data has created a massive intraday gap in GBPCAD (and other currency pairs). Such gaps are almost always closed within a reasonable period of time, which is why we are now taking a long position in GBPCAD.

Ochlokrat Updated 

After significant price losses, the NZDCAD currency pair is showing signs of stabilization in the area of an important support zone. We are taking this opportunity to position ourselves long in NZDCAD.

Ochlokrat Updated 

With the strengthening of the DXY, a recognizable downward trend has also established itself in the AUDUSD. We assume that this will continue and that the price will soon head for the 0.6820 area.

Ochlokrat Updated 

This long setup in USDJPY is based on the divergence between the Positive Volume Index and the Negative Volume Index. We see that the negative volume in USDJPY remains subdued, while the positive volume increases strongly. This setup convinces with a good RRR of around 2.4:1.

Ochlokrat

This is a long setup based on a divergence in the Positive Volume Index and the Negative Volume Index. We see that the PVI is showing a hidden bullish divergence while the negative volume is declining. We select the open POC of the downward movement at around 72.05 dollars as the price target for the long trade.

Ochlokrat Updated 

The NASDAQ is making a run-up to its highs of July 2024. Whether the market will overcome this massive resistance level is questionable in view of the upcoming US elections. However, we assume that the NASDAQ will at least fill the wick of the daily candle from July 15, 2024. Before taking a long position, we would first like to wait for a return to the entry zone...

Ochlokrat

A simple idea for a short trade on EURUSD. The basis is the concept of rejection at resistance with strong bearish divergences in the RSI.

Ochlokrat

This is a short-term setup for WTI: Price has been rejected at an order block while the H1 RSI is bearishly divergent. Therefore, we open a short position to intercept the expected downward movement.

Ochlokrat Updated 

USDJPY is in an overarching downtrend. The price has now shown signs of recovery, but this came to a halt in the area of a large order block. We therefore expect the downtrend to continue, from which we would like to profit with this short setup.

Ochlokrat

Following the recent rally, EURUSD has reached again an important resistance area just before the magic 1.12 mark. Once again, the currency pair is now showing signs of exhaustion. We therefore expect the price to fall again, from which we would like to profit with this short setup.

Ochlokrat Updated 

Nervousness is rising ahead of the FED meeting next Wednesday. The markets are now pricing in an interest rate cut of 50 basis points - a bad omen for the US economy. In the short term at least, we therefore expect prices on the NASDAQ (and other indices) to fall.

Ochlokrat Updated 

This is a short-term bearish setup for gold. Now that a small downtrend has been established in the lower time frames, we are aiming for the price to retest the high of the value area of the recent uptrend.

Ochlokrat

This is a short-term, bullish setup for the German benchmark index DAX. Shortly before the publication of the US CPI, the international equity markets appear to be forming a bottom, from which we would like to profit with this trade.

Ochlokrat Updated 

With the NFP, we are likely to see a lot of volatility. We are trying to profit from the expected movements with a long setup in the S&P500. We are waiting for a return to the 5,470-point area first, as this is a prominent area in the volume profile that invites a long entry. We also set our stop loss below a prominent point in the volume profile, which in turn is...

Ochlokrat

The oil market is extremely exciting. The price is currently approaching a long-term support zone between USD 66 and 68. Will the price hold there? In my view, this is questionable. I am taking a bearish stance on WTI for several reasons: First of all, the global economy is sluggish, which is causing demand for oil to fall. As things stand at present, the world's...

Ochlokrat

That was quite a slaughter today, wasn't it? So I'll say it right away: this analysis is no joke. I assume that today's sell-off heralded an imminent rally that will soon take us to new all-time highs. Because from a technical perspective, today we have only touched the 38.2% retracement of the upward movement between August 5 and August 22, 2024. Bearish doomsday...

Ochlokrat Updated 

This doesn't really look good for NVIDIA. The volume profiles in both the larger and the smaller picture look decidedly bearish. To the frustration of the bulls, there is still an untested Implied Fair Value gap (visible in the M5) at around USD 105.20, which “coincidentally” is located at the low of the Value Area of the upward movement since August 5. For this...