Did the initial breakdown for this asset January 6, 2021. Price retraced as fundamentals started to align. When price came back to the same level and showed bullish confirmation on 4hr and Daily, I took the same entry with same Stop Loss and Take Profit. This was supposed to be a position trade but the rallies from the retail investors completed the trade earlier...
Price is in bearish structure, retraced to correct the downward pressure, and moved down. Fundamentals: The gameplan to turn the company around is to attract customers via low prices and package deals (flight + hotel + cruise lines). However, the CEO does state all of this is dependent on the vaccine rollouts. The US is behind other nations when it comes to...
Following general LH/LL structure, Monthly --> Daily are all bearish structure. 2hr and 4hr consolidated for some time so there are large sell orders generated and can bring in volume. Huge emphasis on the fundamentals; currently, there is investor optimism sentiment regarding the vaccine production (more and more companies producing vaccines and filing for EUA -...
This is the Dow Industrial Average - Weekly. (Price & Time)
This is only a 2-D Time Slice of a high(er) dimensional wave analysis (see - attachment), with standard Price projection onto the Time axes. (Will add the rest as time allows.)
GBPUSD H4 - Rejected 1.35 as expected yesterday, hopefully we pull down enough to hit 1.34 support, find support and then we can look to scout out rejections and potential bid opportunity, NFP and USD data later, so this may completely thrown things all of the place, once the dust settles we can see where we are and re-evaluate.
Not having a bias on silver at the moment but, Considering the price rise of 162% in 140 Days from the lows in March was quite a large move for Silver, When looking at past prices it took 819 days to reach the $30 mark.
But overall I think a pullback to the 61.8 fib level of $18 would be a healthy correction before we start moving up.
That gives us time to buy...
GBPUSD H1 - Support at 1.27 is a big number, very interested to see if we break downside or see and double bottom break with HH's being set and a retest for market reversals. I'll mark the reversal setup now.
AUDCAD H4 - I've marked on the bullish structure here because of the support significance, I think we should see a bullish reaction before breaking the neckline and potentially filling the double bottom, big fan of buying from support more so than selling from resistance, so usually catch an eye for these setups more than short setups. Just need to be patient for...
USDWTI H4 - Nice breakout finally seen on WTI, been waiting for this for week, a nice retest of our intersection point at 40.80 region would be good, ascending triangle ended up playing out and technicals broke upside.
EURJPY H4 - Flag break finally been seen, looking for that retest to get involved with long entries. We were watching this all week last week and it's finally broken.
Hello Guys, This is a quick break down of the pair and my perspective on the market, let me know in the comment section below if you have any questions, what you would like to learn from me, or anything of value that you wanna share,All entry will be based on multiple confirmation as stated on the videos, I suggest you keep this pair on your watchlist & use...
USDWTI H4 - Plenty of time left on the H4, still an hour to go, but a break would be nice, we have been ranging far too long on WTI and some other pairs. Sideways markets are horrible. A break of $41.00, retest and then break of $41.50 should clear some space. Wishful thinking though, given the fact we have been moving sideways for over 5 weeks
NZDCAD H4 - Pushing resistance, now, looking to see a rejection and selloff back downside. This has always been a better setup to buy from support, rather than to sell from resistance. Purely because it's bullish consolidation and the wick zone is clearer from support than resistance.
USDWTI H1 - Ultimately long bias on WTI for obviously and explained reasons over the last few weeks. Pulling back to this trendline support so we could see a bounce here to break the higher timeframe resistance. More noteable support zone at 31.30, so in the case we pullback this far, it could be wise to load up on positions.
The Three Pronged Approach to Kick-Start The Ecomomy
Welp... I called the dump.... which isnt hard when everyone else was saying it... and now I wanna call the DOWS Legendary pump I expect to happen tomorrow. This may be a V recovery... of course we have the check market structure for weakening at key resistance levels.. and to be honest the monthly chart looks...
