over the past 2 months of dollar strength, one pair that didn't budge was usd/cad. cad/jpy had also been making a run for it. in my opionion i think cad is due for a nice retracement. chart: blue dotted line comes from a previous inverse head & shoulders neckline on the 4hr chart back in mid-december.. it's rejecting for now Red rectangles: where i believe the...
Classic M pattern on eu. Although it looks like a H&S on a larger time frame. i believe it has found support. on a fundamental side, i dont believe this nfp week will be good. employment isnt where it needs to be, biden has rejected the GOP $618B stimulus package. Democrats are taking their first votes Tuesday toward passing a $1.9 trillion coronavirus bill,...
BoE conference coming up we know what to do... news spikes
Just here to give my monthly dxy charts... you can look at my previous set ups .. my colored zones are pretty accurate.. LIKE, FOLLOW, maybe donate some coins lol
with eur cad looking like an inverse h&s and also hitting support , im interested in a buy until london session
just a quick little harmonic pattern that im seeing on the euro/usd pair.. im not looking to holding this if it doesnt reach the targets before fomc at 2pm est today
with fomc being next week and usd to report gdp im going to be long on usd.. also major stock earnings are to be reported such as apple, microsoft, facebook, tesla, visa, & many more. If these earnings also come in bad we could also see a stronger dollar. only thing i fear of is the cad retail sales spike tmrw before pmi but alot can happen in 24 hours to give me...
gonna sell eur/gbp @SlattYSL lmaooo Not a good time to do that brave man please do so @SlattYSL go for it @SlattYSL make sure you full margin in already in profit from 89p 🤤 i just made a bet against the whole chat basically n im taking a gamble.
chart explained below .. just a simple dxy chart ONLY THING NEW i added to these charts are the rectangles 1: the YELLOW boxes are just gaps left by the dxy 2: (greenish / redish box ) are my new custom supply and demand zones white dotted line connects : mid march - mid may highs .. as shown in previous charts previous chart : blue lines are cloned trend...
eur usd is going to go long in my eyes. not only did i point out the rsi hitting oversold for eur strength, as well as the usd strength going to dip under the rsi.. it's only a matter of time before the euro just rips through. first sign is going to be thursday with j pow's speech. as long as he is clear with the markets then we are fine. within the same day,...
4HR HARMONIC 'M' PATTERN FOUND what im looking for is 1.5527 to find support along a previous inverted H&s neckline(blue) & also the horizontal support of 1.55 my ideal ENTRY would be 1.55 but that may be too late, so anywhere under 1.5527 is good enough for me to continue to avg down my positions with a stop at 1.548 if it came to that point so my ideal...
THIS IS FOR 1/8/21 waiting for this possible set up for after tmrws nfp news .. just reminding myself