Zone is being respected since the first chart and its giving a very clear HEAD & SHOULDER pattern on the daily. Ive marked this with the blue arrows so it would be vissable on the Weekly Macro View If we dont get any strenght coming in to close august above the marked zone, the economie will never be the same... Trade Clean & Stay Safe!!!
If we look at the overal Global Market, not a lot has changed due to uncertainty about the CoronaVirus. Now, 2 months later, the second wave is starting to kick in at Europe and this may be again the trigger for the long time correction that is lying ahead of us. Trade with care and Trade Safe!
Waited for the setup to unfold itself.. On the 2H Timeframe my Entree Candle was formed, placed the order and let it fell. The moment the channel will be broken agressivly, thats the moment we can be sure that a Shifter has happend and best we buckle up for the rest of the year then. Also i do believe that there will be a massive economic war will unfold with...
With Corona Crap being the trigger for the market to fall and the Dead Cat Bounce, US Economics are in for a MASSIVE retracement. This will not be a Recession, we are past that. Will be a Depression of Biblical Proportions... Trade with care!!
EURJPY If you go check the weekly, EUR is going to get his ass kicked i believe so only way to take a trade is to follow the higher timeframe strenght! Going to look for a sweet nice entree and then let it fall Trade with care!
As i do believe that cryptocurrency will one day have its place in society, the time is not yet here for us.. I believe a massive Wash Out is do to happen in the Crypto World. Massive retracements are going to kick in that will have a lot of ICO's & New Crypto's going to zero! Trade with care!!
EURONEXT - A small correction can happen but it doesnt look to good for the overall European Index. More fall to the downside will kick in but a news event is needed to pull the trigger once again. Probably the second Wave of the CoronaVirus will do the trick.
As you can see, market structure is giving us a possible swing trade on eurnzd. Took out a bunch of previous lows, reverced nicly and is respecting the lows of this week very strongly. Took the long, placed my targets, lets see how it plays out ;-)!!
As i explained the setup yesterday and why i calculated this pair to go up, it is giving us +150PIPS already.. LETS RIDE THIS ONE OUT!!
Seeing the 4H chart and waiting for the perfect setup to happen, i told my students to go long on WTICOUSD - OIL Trade.. Truly believe that the General Global Stocks Still will go deeper down, i think a lot of liquitidy will try to go where it can go, and for me OIL is one of them! 💎 WTICOUSD - OIL 💎 📈 Long: 20.500 🎯 Target: 27.500 ⛔️ Stoploss: 19.50
Like predicted last week, Gold moved right in my marked zone, giving us an opportunity to short it this week.. Gold down, Dollar up!!
GBPCAD Daily - As you can see i really dont feel bad for moves that happen without giving me a good setup. The reason why GBPCAD moved is because it touched a Weekly Keylevel. Weekly and Monthly levels are powerfull, giving massive 'bounces' in the market. Mostly they create and react to what i like to call "A Runner".. And thats what happend with GBPCAD on the...
Still expecting usdcad to go long and eat up the Monthly - Weekly wick that was created. Changes are big that it will make a new high!
Short opportunity setting up for Audcad on the 1H. Trade with care guys!
Still believing that the gold setup is going to give us an inducement in the beginning of the week, only to fall and retank for the weeks to come.. Setup will happen on the 1H, and we will wait with patience, like we always do!
Silver took out the stops on the weekly and daily TF and as we all know, the higher TimeFrame is King!! Wait for the right reversal patern to show up and then go long.. This has the potential to go long on it for a very long periode, like Gold in 2019.
As you can see, EURGBP came right in my marked area and im expecting a very long term short on this pair.. Have the patience for the perfect setup to show up and then short it..
As you can see, gold has hit it first S&R zone so expecting a small rise this week to come. But an overal view on the higher timeframe shows me that the bulls will push lower to run after liquidity before reversing back to the highs and proberly making new Highs later in 2020.