CHF/JPY is showing strong bullish momentum, supported by a breakout above a key resistance level, with robust bullish candles and minimal upper wicks indicating sustained buying pressure. Earlier in the session, a liquidity sweep below a prior low triggered sell stops, followed by a swift recovery that suggests accumulation by buyers. The pair is trading above a...
USD/CHF is showing bearish momentum, driven by a rejection at a key resistance level, with strong bearish candles and extended wicks signaling dominant selling pressure. Earlier in the session, a liquidity grab above a prior high triggered buy stops, but the subsequent sharp reversal suggests sellers are taking control. The pair has broken below an intraday...
GBP/JPY is displaying bullish momentum, driven by a breakout above a key resistance level, with strong bullish candles and minimal wicks signaling sustained buying pressure. Earlier in the session, a liquidity sweep below a prior low triggered sell stops, followed by a sharp rebound that indicates buyer accumulation. The pair is respecting an ascending trendline,...
USD/JPY is exhibiting bearish momentum after a rejection at a key resistance level, with multiple upper wicks indicating strong selling pressure. Earlier in the session, a liquidity grab above a prior high triggered buy stops, but the sharp reversal suggests sellers used this opportunity to enter short positions. The pair has broken below an intraday trendline,...
GBP/USD is showing bullish momentum, supported by a decisive breakout above a key resistance level, accompanied by strong bullish candles and increased volume, signaling robust buying interest. Earlier in the session, a liquidity sweep below a major support level likely triggered sell stops, followed by a sharp reversal, indicating accumulation by smart money. The...
EUR/USD appears poised for a bearish move, supported by key technical indicators and chart structures. Price action has rejected a significant liquidity zone, suggesting strong selling pressure and the inability of buyers to hold higher levels. A confluence of resistance from a descending trendline and the 50-day EMA strengthens the bearish outlook. On higher...
AUD/JPY appears poised for a bullish breakout, supported by key technical indicators and chart structures. Price action has reclaimed a significant liquidity zone, indicating strong buyer interest and the absorption of supply. A confluence of dynamic support from an ascending trendline and the 50-day EMA further reinforces the bullish setup. On higher timeframes,...
Gold appears poised for a bullish breakout, supported by key technical indicators and chart structures. Price action has reclaimed a significant liquidity zone, suggesting strong buyer interest and absorption of supply. A confluence of dynamic support from an ascending trendline and the 50-day EMA further strengthens the bullish case. On higher timeframes, a...
The Nasdaq may face a correction in the coming hours, based on technical signals from the charts. The index is approaching a key resistance zone, coupled with an overbought RSI (Relative Strength Index), indicating potential short-term reversal. Additionally, a bearish divergence between price action and the MACD (Moving Average Convergence Divergence) suggests...
After breaking so many levels and reaching such a high price, nasdaq should stop soon to correct ; we think it could go up to 22K max, then come back to the red KL, which are the ones that never were corrected ; not exactly sure when or how, but this round top seems like a realistic way to end the year for US100.
Huge trade opportunity tonight with a gap so huge that it got filled right away ; bulls took their chance, nice job, now it should head back to the original configuration towards 2600s, then 2550s later this month ; the first week price is always the most important, here anyone could have made a huge trade by simply aiming at filling the gap by selling.
After make such a sudden hard uptrend, Gold seems ready to come down again ; in a liquidity slow pattern this time, as it seems to have already started yesterday ; just like BTC, gold sometimes like to come back where it started but in a slow way compared to the huge candlebox it just did ; so this seems like a plunging pattern looking at aiming for 2550s.
After a long uptrend which we could not wait would stop, seems like yesterday's move set the tone for next days ; it seems thanks to Trump that it is going up for real in a super bullish trend that wants to break 22K ; and as BTC just blew 102-103K, we never know what could happen. More precisely, this seems like a triangle pattern which will either make the...
We think there's going to be a huge psychological effect when it reaches the 100K, leading the price to the previous ground ; after reaching 100K, it could bounce the way we drew, but then it will severely come back to more stable KL such as 80s or even 70s.
Today is a calm day for US100 until the 3:30 PM pull ; today, it seems like it ll be going down after a lot of hesitations, a lot of reticence to get over 21K ; we managed to get the descent the other day (orange lines), today seems like either a big pull out, going towards 22K, but pretty unlikely to happen, or a big drawdown like that, reinitializing RSI for...
Still going down after already a huge drawdown ; the blue lines are the main recent interesting KL, reaching it one by one, slightly bouncing then still going down seems like the next move ; but it s the same as fibonacci, it might bounce harder on one and even change the whole trend to a new uptrend.
At first we thought it would keep going up, but it broke an important line on Friday before closing, which tends to show it keeps the bearish position ; not sure about that tbh, but it seems too early to call a bearish trend for this pair, even though it might happen at some point soon ; the next KL, LL and key lines will tell us if we're right or no.
We thought it would go back up right now, but it turns out it made an unexpected line cutting (white cut line) ; it s going towards the next LL KL, hitting some key points then going back up pretty quick before wednesday ; it is now a smooth drawdown pattern, where it falls smoothly and calmly before hitting one big red candle.