weirdmoney

weirdmoney

After a local double-bottom on H4 and daily maybe we could take a little breather and could take up to 1880 - 1920ish. If this little trianlge breaks down, well only heaven knows what will happen, but it is gonna be ugly, so be very careful with position taking!

weirdmoney Updated 

Despite some modest HUF strenghtening EURHUF looks always bullish as hell. Hungary's central bank MNB announced bigger steps in rate hikes, projecting 8% by the end of the year. Plus, elections coming ahead and none of the results favouring HUF in the short term. Viktor Orban's 4th consecutive win would give HUF a great pressure, assuming the continuation of the...

weirdmoney

GBPCHF is really undecided nowadays. It has a long lasting trend to fall since the January of 2000. Now it has formed a giant triangle bottoming at around 1.18. Now the Bank of England is in a rate hiking cycle while the Swiss National Bank does not indicate a rate hike any time soon, so a strengthening of the pound is very likely. Besides that, the shockwaves of...

weirdmoney Updated 

FX:GBPCHF found some weak support around 1.211 and looking for some relief rally to the top of the descending channel. SL tight below the last bottom.

weirdmoney Updated 

Sometimes I like to look at the real Big Picture. For the BINANCE:ETHUSD pair, this involves using the logarithmic plot to analyse the entire timeframe. If it manages to close below the 3650 zone during a fall, I expect a correction to the 2400 zone. Of course not in a day, this process can take weeks. If the price bounces back out of this zone, I expect a few...

weirdmoney

Looks like in BITSTAMP:ETHUSD a double top after a small build-up to the next ATH. However, take positions with caution as the international economic sentiment is quite fragile. There are many threats in the deep: Evergrande, Omicron, debt ceiling, inflation and the list goes on and on...

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COINBASE:ETHUSD shows little to no strengths nowadays, despite the positive news recently. In my opinion, we are up for a dive under 2000 and we will see if any rebound is due or we see sub-2000 for a period of time. I marked my targets for my short positions and I will add some longs in this area. Use small positions with crypto always, because they can be tricky.

weirdmoney

TVC:NI225 is in a descending channel, but in a bigger timeframe it looks like a bullish flag to me. Besides that, it hit key Fibonacci levels rebounded from there. I am bullish until above 30000. The fundamentals are still bullish for me as the opening-up party just begun. However expect wild swings, as the speculators tried to "price-in" the opening up with...

weirdmoney

OANDA:GBPJPY is set to a short term fall. GBP got rejected over 152. TP targets are 151.5, 151.3 and 150.88.

weirdmoney

BINANCE:BTCUSD left the rising channel for good now. I believe in BTC so I do not advise anyone to short it, but if you are in green take your money and run until you see something positive. Many problems: Biden, Turkey, Doge, although the positive stuff remains.

weirdmoney Updated 

The FX:EURUSD rise within it's bullish channel. Until it stays there the bull run is ongoing. Keep adding to longs

weirdmoney Updated 

FX:GBPJPY consolidating for a while in a descending manner, but unable to break below 149.5 and stay under it. It looks to me that retesting 153 is a very possible scenario. I have a position from 149.95 and will be adding some more after breaking the hourly down moving trendline. First TP at 152-ish then 153-ish. We have some fundamentals also, the world is...