I see us coming down lower, taking out some liquidity and then driving higher, coming into a gap and then driving higher.
I'm looking to take a long here on oil, we have had a good pullback, and I believe we are still in a bullish phase, so I will take a long. TP and SL are as per the image.
We are still in an uptrend, however, the trend is weakening as we couldn't reach up to the higher parallel line. We then had a consolidation, broke up above and came back down below it. As we are in a uptrend, this is a higher risk trade, however, the market is slowly starting to show its hand. So I've kept my stops small and looking to short it with TP and...
Daily chart of US 10 Year Bond As per image, we have had two drives up, and are finding support here, so i would think there is at least one more drive up. I'll be looking to get long as per my diagram shown, with SL and TP as shown.
As per image, we had our consolidation at the bottom left. Since then we have had three drives up to a top, that also aligned with a 6x of the consolidation range. We then had a close below a green candle, and also a break of market structure, suggesting its time to move lower. I've highlighted where i could look to get in, with SL and TP. For me its not...
As per the Image, we had a consolidation at the bottom left, and then three drives high to a top. This top aligned with our 3x fib extension of the consolidation. After hitting the top, we have closed below a green candle, potentially suggesting a top. I see a shorting opportunity for us to now go back down to the lows.
As per chart, there are two possible scenarios. We could go higher to take out the higher liquidity on the left, or the highs are in and we now go lower back down to the lows. I wouldn't be looking for longs up here as we are at a premium price, so i would be looking for shorts at this level.
As per the diagram, we have moved up (three swings to a top), and are now moving down (three swings to a bottom). I'm forecasting a short opportunity if we get a little higher from here, and the shorts should take us back down to the initial consolidation at the bottom left.
Here is an image showing my monthly forecast for ADA I'm bullish. You can also watch the detailed video
I'm now bullish on ADA, given here is my monthly forecast.
Here is my view for DOT I think we are in a good spot to take a long
DOT chart, i feel we are in a good spot to buy this here for a nice move up.
Image of my Gold (XAUUSD) forecast for the Week starting 20 May 2024 There is also a video analysis if you want it, just search it.
Here is my gold forecast, I'm still bullish in the week ahead. This is for the week starting 20 May 2024, however, the top may not be far.
Looking at a 4-Hrly chart of NZDUSD, with expectations that we are ready to see this move lower.
My opinion on BTC, looking for a short Looking to short BTC as it moves up into the premium side of the market.
My opinion of USDJPY, i see it as a shorting opportunity
NZDUSD 4 Hrly chart, looking to short up hear near the highs