I know I mentioned a buy, but it made a nice abc, dollar is reversing, short to break the low.
Don't forget about this one. Hoping for a wick off the trend line...
Happy NFP week. The left is my Dollar projection for this NFP. I consider that forecast fairly solid. As long as that plays out its shooting fish in a barrel.
I'm expecting the Dollar index to bounce from 200-800 MA's on 1 hour time frame. Considering am in AUDNZD sell and see Gold as a sell scalp, I will look to scalp AUDUSD from the .618 to the 200MA on 1hr. Then when DXY hits the 800MA I will probably be getting back in NZDUSD buy.
If u saw my markup earlier u should have bought it if anything. Just pointing out that if u trade this pair (especially if u scalp), u might want to mark those levels and times to scalp reactions.
I played point guard in High School, and this buy call feels like a no look pass. Even if I all of a sudden saw a huge 4hr red candle appear (I doubt it), but even if I did, I would buy more. I understand it might look scary, but it's enticing as many sell entries as possible. Just keep in mind I blew a playoff game the day after I pulled a rave party in Tampa.
I mentioned a selling opportunity from the supply zone, but when I consider EURUSD, and also this bars pattern taken from GPBCAD, I feel like Ecad will fill out fork. Another huge sell coming but not yet.
Price action lines up pretty close, that's why I would like to see more of a consolidation here, and a break of 3000.00 low, but very momentarily if it happens.
That entry would potentially be the largest long term trade u could imagine, but regardless, good for at least some nice short term pips, but refer to my weekly markup if u are interested in Echf. Right now NZDCHF is a better buy for time being.
Those patterns were taken from Ucad. We may not reach 1.3800. But I would just say considering the time, if u have a smaller flag to the side here, consider that a short entry.
I took that bars pattern from AudNzd back in 2019. This flat which measures exact occurred in May 2019. Nice ending diagonal, now we have our completed flat and I expect it to keep chopping down for a while.
I just copied the previous correction and adjusted the size so you can see DXY more like I do. We are in correction to continue down more. This corrective structure can become much more complex, but we may have already established a high. Wave 4 retraces 23-38%...
If you haven't watched the video yet (in comments section) please do. Not only do I give you exact entry on massive trades, I tell you what the SandP should do, cent to cent. I'm not selling anything, just being nice, so for crying out loud, whether you trade equities, currencies, or commodities, that 20 minute video will change how you look at the markets so...
Refer to my higher time frame analysis... Reasonable TP is .6640, then we sell back down to this level, then we get HUGE buy from here.
I'm expecting more downside on Ucad. I feel like it is in the process of constructing one of it's patented trap patterns here, which will produce a very large sell. I'm staying out for time being, but watch that 1.3800 level should it hit it. If it meets it with the 50MA on Daily, sell that mofo.
This is the bars pattern from XAU/USD. You can see where Ford is in the pattern. Since it broke the pattern, all it has done is completed an exact WXY swing pattern with a flat in the middle. See the channel? Broke top, broke bottom, now up.