Hello Traders; Here's my outlook on BTCUSD- We see a return to previous drop zone which acts as a fresh demand zone to complete the DBR S$D setup. We expect price to make a rally to the equal high zone @ 39500 key level to complete the DBR setup.
Hello Traders; Here's my view on XAGUSD- We see price moving bullish, the overall trend is bearish. It is normal for price to rally higher till it closes up the bearish imbalance. Once this is done, we should expect more bears to continue the bearish trend. This is a typical RBD setup We only look to go short once price gets to our POI(Point of Interest) at the...
Hello Traders: Here's my outlook on GBPUSD- We see price rally to fill up the bearish imbalance, this is typical For price to resume its bearish trend , there should and must be some level of retracement hence, GBPUSD resumes it's bearish trend with a RBD confirmation (wicky crash) signaling the base confirmation which should call in for more BEARS to take out...
Hello Traders; Here's my view on EURUSD. EUR becomes weaker against the USD as we see a bearish trend continuation. Price just made a Drop Base at the Imbalance fill of the previous LH zone hence we should expect some more bearish pull.
Hello Traders Here's my view on AUDUSD: We see price starting to resume the bearish trend which has been holding since last month, Price is seen to have made a sharp rejection after getting to 50% of our POI This explains the reason to be BEARISH on AUDUSD- Price should fall bearish to take out previous liquidity
Hello Traders; Here's my analysis on BTCUSD. After BTC bearish breakout through the daily trendline few days ago. Price now forms a new bullish trend confirmation with the new higher-low formation on the 4H chart. This should call for a W formation which means more bulls to come and possibly a new ATH on BTCUSD.
We see how price has just completed the last retest before the new bullish run which will also call out for a new ATH on the Ripple. We should see price get to $1.55 (resistance zone) then make a retest to $1.45 (support zone) which will complete the double bottom formation and cause a bullish rally. Do not miss XRP.
Hello traders; Here's my markup on AUDUSD
We see the head and shoulder pattern formed on the 15M timeframe This calls in for more bearish movement on EURUSD Short
Hello traders; Here's my markup on GOLD. Price can be seen to have broken the bearish structure and now sits above old resistance. This present support, would make us want to see price come to previous resistance level at the 1801 area. If we get a break through the 1801 area, the bulls look to keep pushing to the 1870 area.
We trade this symmetrical triangle breakout till TP
A break through support and we have young GU popping
Price gets to demand now has to head back to the supply zone We should get a new ATH soon
Hello guys Here's an update on my prior analysis on GOLD
Prices forms a new HL we look strongly to go past the supply zone