cpointfx

cpointfx

We are looking at the Gold price as it drops it will affect the AUDUSD to drop aswell as this pair is a commodity pair and they have a direct relation with Gold prices. We are trading art LTF supply area and we are looking to take price to the downside targeting our recently formed Swing on LTF's.

cpointfx

Looking at taking long positions given that the the USD index continues with gain and GOLD drops in value. We are trading around the inner 4H/1H DEMAND AREA and we can see x2 Bullish reversal candle patterns from our 1H cahrt the Bullish engulfing pattern and the beraish pin bar. Now we are looking at a rally in price to our LTF supply area. We have to keep me...

cpointfx

looking at a bullish market, we will be taking buys just after the break out of the minor swing high area formed by intra-day trades.

cpointfx

Taking shorts as Dollar index gaining strength. we have to take advantage of this retracement to our supply from the early hours of the day and scale in with sells.

cpointfx

Taking shorts as the Dollar index gains strength and taking into consideration that most of the technical levels have been broken to the down side

cpointfx

looking at shorting gold as the dollar index gains strength to fast track the process of the drop

cpointfx

Taking shorting opportunities as we are trading at Pre.Mon high area or a supply area

cpointfx

looking at long positions as the DXY loses strength

cpointfx

Looking at long the DXY as price is revisiting the LTF Demand targeting the Swing out side the descending channel LH area now that is when we will look to hedge and add on our sells as more structure trades will be convinced price in an uptrend on high time frames

cpointfx

looking at shorting this index as we see large sellers coming into play and tergeting our recent LTF demand zone

cpointfx

as retail traders add on the sell side liquidity, we go against them

cpointfx

early buys as we are pulling back to the origin of the sell orders

cpointfx

looking at takong longs, as the speed to the down side increases so does our orders get filled quickly

cpointfx

Looking to sell price as the sell momement is back in the market

cpointfx

loooking a a decline in price as price impulsively from a near price area of our current daily/4hr supply area. we see a ascending wedge pattern signalinng a reversal of price. to our 4Hr demand zone responsible for this rally that just retested the supply.

cpointfx

The South African economy has been hit hard the the unforeseen Flooda in KZN the recent weeks, which left infracture in ruins. Taking in acount the the ruins that happened earlier on of the burning of the parlament buiding in Cape Town. The infraction is yet to be restored and we are facing another crises. It must be noted that the Gold rally is the one that has...

cpointfx

We are in a primary bear market and pric is trading at the Resistance area of the LTF an area of interest for scaling in sell poitions opportunities to present themselves area this area

cpointfx

Selling ZAR after the FED interest rate hike and the SONA meeting last night.