Hello All, I have identified a LONG swing trade on the NZD/JPY pair. We have formed a reversing structure and launched off an hourly AVL. Positive news on Japan's economic outlook just released at 6am UTC as well and price was immediately impacted. As I expect this to be the beginning of a larger bullish trend on the daily time-frame, I have no exact target...
Hello All, I have identified a small short trade on the AUD/USD pair. Entry is a break of the ORANGE LINE with RED ARROW above it. Target is marked by ORANGE LINE and BLUE PRICE TAG. Updates to come. Safe trading. :)
Hello All, It looks like USD?JPY is finally ready to correct. Got a nice double top pattern on the hourly and price rejected the second top above the hourly AVL good place to sell above value. Target illustrated by BLUE DASHED LINE and BLUE PRICE TAG. Updates to come: Safe trading. :)
Hello All, I have identified a short trade set-up on the 1-hour for the GBP/JPY pair. Previous trade did really well and over-all trend is still bearish. Took entry at candle below red arrow on chart. Price target is illustrated by blue dashed line and blue price tag. tight stop loss illustrated by small ORANGE line in case price decides to retest ORANGE...
Hello All, I have identified a long set-up on the EUR/GBP pair. I have entered right at the candle above the blue arrow on my chart and have set a really tight stop-loss illustrated by small ORANGE line on my chart in case price decides to retest the bottom of that long red wick illustrated by ORANGE CIRCLE on the chart. Some things that further affirm this...
Hello All, Short trade set up on GBP/JPY, price has fallen down out of consolidation within a bearish trend on the Macro (higher time-frame chart). \ Target is illustrated by blue price tag and line. Updates to come. Safe trading. :)
Hello All, apologies for not posting sooner, today was my anniversary and so spent most of the day out and about with my girl, Valid short trade on the AUD/JPY pair. Began to roll over Friday's close but wanted to see it break that support line (illustrated by red arrow on chart) which it now has. Wasn't able to post when it was the most optimal trade as soon as...
Hello All, GBP/CAD is looking really bullish and has formed a bottoming structure after a prolonged bearish movement. This is an accumulation phase before the trend up and instead of looking for an exact entry, the best entry is any retouch of the orange arc shape illustrated on the chart which you can see is acting as support for price as it bottoms. Price is...
Hello All, in this video I discuss updates on the AUD/JPY pair, the invalidation of the bearish rising wedge pattern, and what I believe will happen next...
Hello All, I wanted to update on last week's close potential short signal on the AUD/JPY pair. Last week at close I mentioned that there was a potential short signal on the AUD/JPY pair. I also mentioned that price might spike a little higher before fall. Though admittedly price did spike a little higher than I anticipated, it was nothing drastic and the short...
Hello All, it appears that BTC has a little farther to fall most likely finding support between 32-34k price range. In my opinion, this confirms that Bitcoin is indeed in a bear market and that we will get a slow retracement back to the 56-57k price range before crashing. Price action is very different than the 2021 crash. In the 2021 crash BTC slowly fell...
Hello, in this video I discuss a current active trade on AUD/JPY (see my page) and how I decide whether a consolidation phase is in accumulation for a wave up, or distribution for a wave down... I believe that the AUD/JPY pair is in a distribution phase and I explain why in the video. don't usually make videos and I'm sort of congested today so sorry if sound...
Crypto.com Coin has signaled a bullish reversal. Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart). This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle). Lastly, CRO is under value (illustrated by white line). This means we can expect CRO to rise to at-least the AVL...
Ripple has signaled a bullish reversal. Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart). This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle). Lastly, XRP is under value (illustrated by white line). This means we can expect XRP to rise to at-least the AVL which is...
Hello, there is a short trade set up on the AUD/JPY pair. As indicated on the chart, AUD/JPY has completed a 5-wave movement up and has now began its reversal. AUD/JPY is currently a good short position as it is sitting above the AVL line (marked on chart), any short above this (Agreed Value Line) should be sufficient however there is a chance we reject the...
BTC is most likely going to retest support around the 40,670 area before any significant move up on the macro. (indicated by the number (4) on the white bottom support line). Shorter time-frame, I still expect BTC to eventually retest the AVL around 45k I pointed out in my last post perhaps falling a little bit further to 41,832 ish before making it there. We...
Hedera Hashgraph has signaled a bullish reversal. Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart). This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle). Lastly, HBAR is under value (illustrated by white line). This means we can expect HBAR to rise to at-least the...
Bitcoin has signaled a bullish reversal. Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart). This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle). Lastly, BTC is under value (illustrated by white line). This means we can expect BTC to rise to at-least the AVL which...