TRIFRACT

TRIFRACT

The first target was reached and it found resistance there with a pinbar rejection. The scenario outlined below is for a short setup around 18th of March @ 1.132-1.133 IF the price decides to correct now. IF price does continue higher it is INVALID . First See this: I was looking for a move to 1.13 on the 12th of March and rejection. It did occur but the...

TRIFRACT

There is an indication that the slope is active. IF EUR/USD reaches the thick blue line I will be looking for resistance there for a pullback.

TRIFRACT

Bitcoin was a good short during 2018 and kudos to everybody who managed to make massive profits. I no longer hold interest into playing BTC as the interest in the market is much lower and liquidity is almost non-existant, also the levels to short were above 10k and later in anticipation of breaking below 6k. It is no longer interesting. The trend can continue for...

TRIFRACT

DXY is in a super bullish stance longer term. Bullish price behavior on ALL time frames. This is the Daily and we are STEPPING UP inside the uptrending slope. On the Montly time frame , it is stuck @ resistance but most probably will break to the upside next few months(if not earlier).

TRIFRACT

The END IS NEAR crowd is most probably WRONG again. TRIFRACT expects this move to be just a consolidation before another BREAKOUT TO THE UPSIDE. If the price retraces here in the next 1-3 months , we have highlighted the areas of support in the SPX.

TRIFRACT

FX_IDC:EURUSD now has two choices to make : 1 . Recover back to 1.129 and get further resistance and a return to 1.11 level . 1.129 is high probability resistance area. Resistance will go up in PRICE as time progresses as it is uptrending resistance. On the 15th of March the level will be 1.1304 2 . Continue down to 1.10 which should act as support. If...

TRIFRACT

It does look good for our SHORT position in the EUR from the 1.14 Level. The Timing target as well as the technical resistance based on the underside of the previous counter-trend uptrending channel did work out properly. The question is whether this will turn out to be just a minor correction followed by a slightly higher high before moving lower OR a cascade...

TRIFRACT

Trifract Capital Current Position: EUR/USD Longer Term SHORT