After two false routes (the two white lines), we know for sure that VIX is to go up at some point to make up for the gap it made this week. The only thing is we thought today's opening would be a higher gap compensating the precedent gap, but it kept getting lower and lower. Now that we're approaching a low KL, there might be a new opportunity for a long entry,...
Tomorrow is the big day, all assets might break down and aim at lower lows and key levels, espcially in the US ; USD, GOLD, BTC and NASDAQ will all be touched by this ; BTC has already broken and will confirm tomorrow.
Tomorrow is the big day, all assets might break down and aim at lower lows and key levels, espcially in the US ; USD, GOLD, BTC and NASDAQ will all be touched by this ; tomorrow we'll know whether USDJPY is aiming at the top or the ground around 12PM.
Tomorrow is the big day, all assets might break down and aim at lower lows and key levels, espcially in the US ; USD, GOLD, BTC and NASDAQ will all be touched by this ; other currencies as well but less importantly.
Tomorrow is the big day, all assets might break down and aim at lower lows and key levels, espcially in the US ; USD, GOLD, BTC and NASDAQ will all be touched by this ; other currencies as well but less importantly.
Pretty calm weekend for now but BTC should get back to HH levels before testing the blue line again ; the red circle shows the average area where BTC could break back down and fall to the 68/9s again.
Not sure about this one, it broke the uptrend as well but it might not be so sure for GBP to fall like the others ; For now RSI is low and it seems like a stairs pattern, going up at least to the next HH KL.
Same as the other assets, after reaching one more time the HH KL, it is to go down, helped by the elections tuesday ; be advised on these elections, could be the best or the worst for you.
Yesterday for halloween, something spooky happened : CADJPY broke the uptrend and is now free ; after reaching one more time the HH KL, it is to go down, helped by the elections tuesday.
NZDJPY is in an uptrend and trying to reach one more time the HH KL ; once it s done, it is going straiggt to the ground, in addition to the elections tuesday ; after that, it will eventually come back up but after a lonf zigzag period.
With a little more drawdown today and the beginning of next week, XAUUSD has showed everyone what it was capable of the past few days by reaching such high levels ; It has to bounce on the double uptrend green limit, then go up and wait a little for the 5th of november ; on this day markets will go nuts for every asset, so it seems like gold might be going for a...
With some delay on the time BTC finally decided to come down, it eventually did what we thought, came back to lower KL ; but with the previous days' big spike up and down, it is now a perfect time for the price to "de-correct" and come back to the 75Ks, before coming back down ; for now and the newt few weeks, it seems really tough to break 78/79K, probably next year.
We missed the entry yesterday thinking it would bounce way harder than that, it actually took several hours to get back in an uptrend position ; for now it seems a little corection to the LL is coming after the 15:30 rush ; after that, US100 is going to the roof and taking the uptrend direction back.
We got the move perfectly right, only we thought it would happen an hour later for the 15:30 session ; now it is aiming at a conglomeration of KL and trend limits, meaning it will bounce hard at 15:30 when it finally reaches the limit ; be advised.
Possible new route for nasdaq as it has broken the green uptrend we were hoping that would never break ; now it s sketchy, does it go all the way down and stops to the general uptrend, or does it also break that ? it seems tough with RSI levels and current economic situations to break such a strong trend, but be ready for everything !
After successfully forecasting today's move (white line), this big drawdown was unexpected but it means two things : - it has to correct before tonight - it will not go under the green lower uptrend limit, because then it turns into a whole new trend and the 1D/4H/2H RSI is too low for any downtrend to start now. It will go back up at 3:30 PM fot the big daily punch.
Reaching the uptrend ceiling ; Taking a little longer to go up but will surely do ; After that some zigzag and it will come back to the same levels.
Reaching the uptrend limit and then a very high RSI, EURJPY will then proceed to fall ; it will reach one of these KL, not sure which one, before regaining a low RSI and getting ready to go back up ; some zigzag might be there as well when it reached the limit.