With this month ending in a few days, I'm preparing for May. The yen looks the most definitive heading into may, and it looks bearish overall, with that in mind, combined with EUR strength, EURJPY should rise. When we look at structure you can see that we have what I will call "never ending exhaustion" EURJPY, looks like its getting tired, but it just keeps...
The purple zones are the best spots to buy/sell, if they break at any point look for their purpose to flip, support becomes resistance, etc.
Look for the purple zone to stabilize either UK close, or Asia open today. Good luck.
GBPUSD had a big sell of starting April 6th then found some ground around 1.3680. That price is important because just below it there are potential smart money buy orders sitting at 1.3640. If you zoom out you'll see that 1.3680 has formed equal lows, which implies a lot of traders and funds will see this as potential support. There are most likely pending...
Currently writing the analysis, and adding the screenshots, they will be added in 5 minutes.
Since the start of 2021 we have had consistent higher highs forming on the daily chart. Jan- New High Made Feb - New High Made March - New High Made April - New High Made Here is what I'm seeing, with each new high made, we have seen a decrease in volume. This means that as price is getting higher, less and less money is coming into the market as before. This...
We may see price run for a new high before we get a clean pullback down to $35 that is okay. For my strategy we need an algorithmic pattern to line up with a liquidity pattern. Watch $44 for a short-term sell, which I may just pass on if all other cryptos are rising, it wouldn't make sense from a probability perspective to try and sell against the major...
Alright so, you'll see I have two red zones drawn, I am bullish on this pair but I'm not sold on the idea it is ready to pump 150+ pips upwards yet. This is a riskier sell potential so it's best to wait for the confirmations. Right now a position is being built at 130.20. The question is...is this position going to be truly bullish or is it a manipulation move...
This chart is pure price and market timing, for more analysis like this make sure to follow/subscribe. We will breakdown Gold from an institutional & retail perspective, then discuss the interaction between both parties to hypothesize how this story will unfold. Phase 1: WHAT IS THE TREND? The Weekly chart is currently bearish, as is the Daily. We have lower...
With the news that the CDC is pausing J&J vaccine distribution due to blood clot issues. I'm assuming we should see it tank at the open? You're guess is as good as mine. In my opinion if we see price drop it should be a good time to buy, because everyone else is selling. The level I'm interested in is $147-$150. It is an untested point of control where...
There isn't too much for me to write here. As long as price stays under 1.1840 on the daily keeping looking short. The chart explains it, read the story from left to right. Price wants liquidity, that's the name of the game. The COVID down spike from last year was a MASSIVE move to drain the sell orders out of the market. It was initiated at 1.1500 We have...
My fellow traders!...In this video I am breaking down my thoughts for gold. We may be getting the yearly low. I cover economic drivers, bigger timeframes, historic patterns, and stimulus checks. This video can help tons of traders! THIS MOVE COULD BE HUGE! My gold analysis that hit perfectly -> Gold Repeating History My gold trap move analysis setup -> ...
This isn't necessarily the cleanest setup. The analysis is based on the idea the dollar will get weaker today, but it looks indecisive overall. All Elevated Signals have fired so I'm taking the trade. The idea here is to buy a london open down move, with the thought we are bullish for london session. So right now price may be discounted, I have a very tight...
When price is ranging you want to find where liquidity is at within the range, they usually build and target those little pockets. Full analysis coming in about 5-10 minutes. I have to type it out, GBPUSD will be added shortly as well. What's going on? In my weekly prep we were anticipating a range to start the week, right now it "seems" probably. It all...
Looking for buys within this range at the moment. Things are looking like what we spoke about in this week's market prep. Ideal scenario We attack buy-side liquidity, then we see a minor sell-off from UK close to Asia Open. Right now the activity within this range looks bullish because we have a void above price and the price has been clearing the sell-side...
BTCUSD looks like it wants to test this prior high, will it hold? Will it get smashed? Just gotta wait on price. We are losing volume which means people aren't submitting requests to bid as much, this simply means lack of demand. If we get a new high but maintain this divergence and we don't have volume, it could make for a drop. I'll be adding this to the...
Here is this week's outlook and things to be mindful of: THE US AND CAD CLOCKS MOVED FORWARD ONE HOUR THIS WEEKEND! News: Tuesday: Moderate USD news Wednesday: Lots of USD news Thursday: GBP news I analyzed each currency based on their strength before the video. The way I do this is linked below in related ideas. Each arrow represents the day of the week...