Await end of downward correction on 4H chart then further bullish impulses
Multi Timeframe Analysis Hint: Look only for sell setups Recommendation: The monthly chart betrays the ominous next move worth 10,000 points or more. The previous shaded box indicates a monthly high followed by a massive drop. We are now seeing the exact same pattern unfolding on the same price levels. Expect a massive drop- only a sell stop will be able to...
Multi Timeframe Analysis Hint: **Look only for sell setups** Recommendation: The 21- period daily and weekly RSI hover below 40 indictating further losses. The price should continue to drop mid term. Allow price to retest the 50% to 78.6% fibonacci level on the 4H chart then take a short position with target TP at the 27.2% fib. Be aware that price is closing...
Multi Timeframe Analysis Hint: **Look only for sell setups** Recommendation: The pair failed to pierce the strong weekly resistance and had been rejected to the downside. On the daily chart , the 21 period RSI dropped below 50, hitting further losses. Expect price to fall the the 78.6% fibonacci levels from here on to correct the overextended bullish impulse on...
Hint: **Look only for sell setups** Recommendation: Bitcoin experienced parabolic growth since last year and the correction downwards looms inevitably. The fall last Tuesday is just the beginning. Expect BTC to move up to the 50% or 61% fibonacci levels then plummet further. Price can reach as low as 22k within the quarter BUT will definitely return to 60k...
Multi Timeframe Analysis Hint: Look only for sell setups Recommendation: Price is woefully overbought on the daily timeframe . The 21 period daily RSI flirts with the 70 levels and hedge funds must commence profit taking on previous longs close to the clear order block at the 78.6% fibonacci levels. Price will fall to this level prior to further potential...
Hint: Hedge funds need to capture liquidty. Use a sell order to capture a sharp downwave Recommendation: A very sharp downwave is expected after minor corrections up. This is necessary to correct imbalances. Potential target is 1770. You may not be able to catch the sharp wave so use a sell limit order at your points of entry -=ENTRY RULES=- Trading...
Hint: Short till 153.200 Recommendation: Enter short start of week. Monitor price action at 153.200. There may be further downward push before the bullish trend on D1/W1 continues
Hint: Short after top is broken Recommendation: Price is moving in a range. Expect a corrective downwave for start of week, then a move up to the top, then massive down to denoted support. Most USD pairs exhibit this view for the month
Hint: Messy Ranging Move for the Week Recommendation: Monitor price action at 108.200. If if rebounds back up, expect a long return to the top.
Hint: Corrective retrace to down then push up to 0.78 Recommendation: If the 0.7800 position is broken, expect further gains to break the previous top Take a market order position upon the confluence of valid entry rules on the 4H or 1H chart.
Hint: Corrective retrace to support for Monday and Tuesday then up to the H/S Recommendation: The recent win of the british ruling party strengthened the GBP. For long term, the pound will be bullish but expect a ranging action over two weeks. Take a market order position upon the confluence of valid entry rules on the 4H or 1H chart.
Hint: Short after top is broken Recommendation: Due to CPI news, DXY moved sharply down and is consolidating. The USD will continue to consolidate then strengthen. The highest probability trade will be a short after the top is broken Tuesday or Wednesday this week. For Monday to Tuesday, expect corrections down ward then a move up. Final target for the month...
Hint: Do not trade Recommendation: Price will will move in a range for seven to fourteen days. The recent spike down was due to CPI news. You have a high probability Long position should DXY retrace to support. 93 wll be your target in 1-2 months Take a market order position upon the confluence of valid entry rules on the 4H or 1H chart.