DXY doing the timely necessary and finally breaking out of the falling wedge coming into key demand zone. I am anticipating dollar strength from here on in at least up to the 95 zone. Please like give a follow for more free trading ideas. Will update as time goes on, stay tuned! Good Luck. God Bless!
I am seeing some bullish pressure on gold at least to 1830. We broke out of falling wedge, tested a key zone and then continued up.Will update as time goes on, stay tuned! Good Luck. God Bless!
The Crypto giant just formed a rising wedge pattern at a key level. We might see small bearish pressure as a retracement to previous broken resistance which in turn will be support. Plus we have divergence indicating price reversal. Will update as time goes on, stay tuned! Good Luck. God Bless!
The index recently created a double top at a key level so I am expecting some selling pressure to set in from the highlighted area however I am a bit cautious going into this week so I will post an update as price develops. Favorable price action only. Good Luck. God Bless!
I am currently bullish on Gold as the commodity is currently completing abcde expanding wave pattern after bullish breakout of the falling wedge pattern. Will update as time goes on, stay tuned! Good Luck. God Bless!
After last weeks breakout to the upside following the falling wedge formation. I posted the setup and it played out, however I went over Gold on a larger scale and we seem to still in a bearish trend coming into the week of NFP because on the weekly timeframe that bullish move we had on Friday seems to have been a retracement to the 38.2 level on the fibonacci and...
Gold broke out of the falling wedge very aggressively. So I am anticipating the retracement to complete the pattern before bullish continuation. Will update as time goes on, stay tuned! Good Luck. God Bless!
Gold is currently at a very strong support level. Coming into the level it has formed a falling wedge which as we know it is a bullish reversal pattern. Will the formation be respected or will the bears continue to drive the market lower. Only Time will tell. Will update as time goes on, stay tuned! Good Luck. God Bless!
The pair recently broke out of rising wedge pattern. It is currently creating sideways consolidation with expectancy of bearish movement soon. I am bearish on USDJPY. Will update as time goes on, stay tuned! Good Luck. God Bless!
The pair has been breaking diagonal support one after the other. Basic technical analysis point to further downfall. Will update as time goes on, stay tuned! Good Luck. God Bless!
I am seeing this playing out potentially over time. Will update as time goes on, stay tuned! Good Luck. God Bless!
NASDAQ100 is breaking out of a diagonal support and I see further decline in price as top companies listed on the nasdaq100 are in a down trend. Will update as time goes on, stay tuned! Good Luck. God Bless!
This is just an update on the sell setup that I saw last week. Will update as time goes on, stay tuned! Good Luck. God Bless!
This is what I spotted on the DXY as I was doing my mid day analysis. Now we wait for breakout and retest of the pattern. To see if the sell is viable. Will update as time goes on, stay tuned! Good Luck. God Bless!
The highlighted area was respected and it held. So we continue to remain bearish on US30. Will update as time goes on, stay tuned! Good Luck. God Bless!
I am waiting for a retest of the 1763 level and if it holds we are heading to new highs. The commodity is on a strong bullish trend so I expect further buying pressure. Will update as time goes on, stay tuned! Good Luck. God Bless!
As illustrated I am waiting for retest of the 50% retracement level on the fibonacci taken from swing high to swing low. If the level holds, DXY is crashing. Will update as time goes on, stay tuned! Good Luck. God Bless!
If the highlighted area hold we can expect buying pressure to set in after the breakout, consolidation, of the falling wedge formation. However if it breaks below we can expect retest and the bears to take over. Will update as time goes on, stay tuned! Good Luck. God Bless!