Good morning and happy Sunday to everyone! Last week the market continued upwards after dropping from a previous order block zone on the daily. It seems inflation is lowering for the moment being, and the fed is eyeing interest rates and may soon be making a decision to cut them in the near future. I of course am waiting for the FOMC Meeting on Tuesday, and...
Hello everyone! GU went according to plans the two previous callouts. We've had a lot of "good news for the economy" recently, but with the inflation being sticky it hinders the Dollar's strength. it is now sitting at daily bearish order block, I do believe it will drop at least 1000 pips, before buying pressure comes in. Of course I will be monitoring the...
Happy Halloween everyone! I called out a bullish movement for GU about week ago and it played out beautifully. As we can see it didn't continue upwards as high as I thought, and it seems that it's caught in a minor consolidation. We had some news today for the Dollar, Employment Cost Index q/q was higher than predicted. Forecast - ( 1.0% ) Actual ( 1.1% )...
Based off the daily timeframe, price has changed its bearish nature for the moment being. As you can see the most recent daily candles from last week tapped into a bullish order block and then proceed its upward movement again. Price may not proceed as high as shown in my analysis, but I do expect a strong push. Especially with the economic woes US is currently...
This is just what I see at the moment being, price has broken down and is now retracing. Let's see what news we get this week. Price has approached a daily order block, I will zoom in on the lower timeframe and see what potential sell side setups I can get in. Always have to remember not every zone is concrete. If you have a different bias for the market tell...
Gold has been in a downtrend for quite a while with no relent, expecting a bounce upwards tomorrow. I will be looking for a retracement in price, of course no action will be taken without analyzing and seeing where the price wants to ultimately go.
Been waiting for price to enter my buy zone. Finally got some movement into my action area and waiting for some bullish confirmation on 4 hour timeframe. Patience is always key.
Expecting market to continue trending downwards, Wednesday highs and lows will give us a clearer outlook on entries and market health. Patience brings wealth.
As it has been weakening for months already, we should expect a proper sell entry on pullback.
Looks like a potential sell off right now. Aiming to take profit towards the last daily swing low.
EURUSD SELL OFF APPROACHING Keep adjusting stop losses as TP zones are HIT
EURUSD SHORT! I only trade 4 HOUR - WEEKLY Gives me more accurate entries and a better outlook on the market.
Looks like a head and shoulders forming on 15 min TF Going to aim for a 1:3 RR Stop loss set above resistance area take profit set close to support on 4 hour TF. Lets get these pips.
Looking for buy entries when downward patterns breaks up on my lower time frames.
down to support and then it should resume upwards. big market makers should be entering towards the support.
Depending on how it reacts to the resistance area set. Could be a short term sell off.
Should be seeing a bounce downwards from monthly resistance line