shorting the jpy i multiple pairs not much t say market is turning around regarding the stocks... Therefore the safehaven "jpy" will get weaker
I would like to await the reaction around the marked green square
Atm the cipher is playing out lets se the reaction in the square
Go long look for market struckture around 24.2 and move stop as struckture evolves. We need to hold this weekly dm me for any more questions
Trade the charts eventhough too many are bearish gold and silver. Id am in a short from higher but when long today at the >FOMC I would hold into both positions until market structure change and confirms
Alot of patience is based in this setup The major indicies sp500, us100, DOW, FTSE etc. has made serious gains the last 18 months Even though the evergrande crisis became publicly know whe hk50 was at it bottom it did held op and made massive support at the area. Today we saw our first higher time frame trend reversal - it could offer a bank stuffing trade...
its free money if you got balls enough to take the trade
IM already in from the top quite heavy, i would look for daily close below v´blue line and back into old range... I would like af sfp pf the low before further up.. Anything can happen, my stop is trailed and the loss would be small.. My swing long would either go from down there or a break and retest of the current horisontal support would offer a propper long too
ATM this looks like the perfect short setup We just did a swing failure of the high, liquidity grap, and now is closing a 4 hour candle below the last high. Risk rewars on 10 or 21, depends on the size of your balls. Let it run and look for the trend og higher timeframe.
Could the reversal back to pre corona levels if we form the right shoulder it would be favorable dou to risk reward to get in now
Tapering sooner than expected confluense will dxy pattern - see my latest publishments
Text on chart. Pattern: Inversive head and shoulders left shoulder december 2018, right shoulder today in september 2021
No words to be spoken The chart will reveal wether or not the C ends as a wave 3 instead, and we will be trading above 46k for the weekend
USD breaks out of major bull pattern. Not much to say, i gues the comming news about tapering will come sooner than expected. Be aware of this can be a leading indicator to overall market retracements.. Gold, silver, and usd-pairs also line up to downside movements. Watch out for the DXY to retest the neckline follow by further bullish movements for this to be...
Not a lot to mention, it depends on the monday opens. From technical perspective the pattern played out, and we even get confluens by shorts stepping in. Be aware of it might be longs closing and taking profits but it will also lead to a bigger retracement. Atm watching the open and would look for a better RR, but such a hard sell pressure friday is worth to look...