Ochlokrat

Ochlokrat

WTI seemed to collapse. Many traders (me too) waited for the 65 USD, but the market reversed. The upward trend accelerated recently. A look at the retail trader sentiment shows that many private traders have opened short positions in the last few days. It is clear that the Big Boys need to shake this out before the overriding trend can continue. This idea includes...

Ochlokrat

It was bound to happen, but the vehemence was surprising. USDJPY lost almost 200 pips within a day and made little effort to defend itself against the raging bears. By evening, the pair was literally down - exhausted and beaten. The last trading hours seem to take away any hope for the bulls. The price knew only one direction in the past weeks - up. It is clear...

Ochlokrat

The Japanese yen has gained strength in recent days. Nevertheless, the upward trend has remained intact so far. Long entries are therefore still preferable. A further retracement is to be expected, after which a renewed attempt at the recently reached highs should take place.

Ochlokrat

For weeks, the gold price has been consolidating between 1,900 and 2,000 US dollars. Most recently, the range narrowed to between 1,960 and 1,930 US dollars. In the past two trading days, there seemed to be a downward breakout, but the price recovered quickly. The chatter seems clear: at the bottom, the range between 1,870 and 1,830 US dollars must be worked...

Ochlokrat

USDCAD is in a clear downtrend. No one seemed to be able to counter the buzzing bears lately. Recently, speculators have significantly increased their short positions - perhaps too late. It is to be expected that the late bears will first be thrown out of the market before the downward trend continues. I expect a further fall to the blue order block. There is a...

Ochlokrat

The TecDAX is something like the German NASDAQ (excuse the insult). The index was in a downward trend for a long time and has made up a lot of ground in recent months. Currently, the market is in a consolidation phase. Between March 2022 and January 2023, an inverse shoulder-head-shoulder formation was formed. A price increase up to the order block is expected. We...

Ochlokrat

In the USDJPY, the bulls are overrunning every obstacle to the north. A look at the daily chart helps to identify the potential target zone. It is a conservative setup where we first wait for a pullback to 142.90/80 before entering a long position. We target the area of the late October 2022 highs.

Ochlokrat

The downward trend in AUDUSD continues. The price decline has accelerated recently and a trend reversal is not in sight - rather, the price is likely to head for the area of the lows of late May 2023. However, the downtrend is already further advanced. I would not open a direct short position, but wait for a pullback to the 0.6730/40 area and enter there via a...

Ochlokrat

As we know, trends last longer than traders would like. Silver is currently resisting all attempts by the bulls to bring about a recovery. Most recently, the price was rejected right at a balance price zone. I therefore assume that the downward trend will continue. The price should reach the area around 21.10/21.00 dollars soon. It is conceivable that silver will...

Ochlokrat

The downward trend in oil is unbroken. Pullbacks are short-lived. I expect the price to head for the lows of 2021.

Ochlokrat Updated 

Wolfe Wave detected in German DAX. ETA 18.01.2020 EPA ~ 13.350

Ochlokrat

After weeks of consolidation, we might wait for are break out above 46.30$ in order to do a quick long trade

Ochlokrat

After the huge up move, Gold may drop sharply within the next days

Ochlokrat

After a short correction, TSLA will reach ~2.260$

Ochlokrat

Possible new short entry in GBPUSD having identified this Bearish Butterfly Pattern

Ochlokrat

AMZN facing major resistance, coming along with a Bearish Deep Crab-Pattern and an inverted divergence in the accumulation/distribution. Targets are: 1.737$ 1.672$ 1.598$ Stop loss can be either placed above the downtrend or around 1.950$.

Ochlokrat

Bearish Black Swan-Pattern on AUDUSD comes along with bearish divergences Targets are: 0.71340 0.71030 0.70680 Stop Loss can be placed @0.72360

Ochlokrat

As we can see in the chart, AUDCHF shows a Bearish Black Swan-Pattern with strong bearish divergences in the A/D. Targets are: -0,71520 -0,71230 -0,70910 Stop Loss can be placed @0,72650