When $VIX SPIKES by more than 5 points and then RETRACES BY 75%, something VERY IMPORTANT HAPPENS. What is important about that? Well, one thing. When $VIX spikes, the market becomes ILLIQUID and options sellers run out of capital to provide liquidity to the market so that the prices of options have to INCREASE to bring more liquidity into the market. Why is...
Looking to short EURUSD to the previous month low, waiting for a solid entry reason. Patience plays!
X marks the Spot. For a Bearish Price Action, I'm looking to open a SELL position on a retracement to 1.90780 Supply Zone with Stops just above the previous bullish candle's High. I expect more SELLing in the coming weeks. For a Bullish Price Action, a break above 1.94509 and I expect a move to test the 2.05085 Resistance. This is quite unlikely. I am more...
X marks the Spot. For a Bullish Price Action, Still in the Range. We head back to 1.14750. We need to close above this Range to begin full Distribution. Daily is much clearer as it shows the False break above. We need a Weekly Close above 1.14750. For a Bearish Price Action, we break below 1.13000 and we may see 1.12000. I remain Bullish on this pair. 1st...
Monthly This candle is printing a massive wick symbolizing sellers' exhaustion. We could see it be filled through the next few months or leave those sellers behind and start to make its push to the upside. 7 more hours until this monthly candle closes. This monthly candle is rejecting a key level of support at 125 (Major Quarterly Level). The flash...
Possible LONG on this pair after it comes down to hit out BLUE BOX! If we do not see this or see an entry reason that means we do not see a trade!
X marks the Spot. For a Bearish Price Action, We may most likely head back down in the coming weeks as the Yen strengthens and pound bulls become exhausted. For a Bullish Price Action, a break above 145 Resistance zone on the Weekly and we may likely see 149.500. I am more bearish than bullish on the cross. Target at 139.800
X marks the Spot. For a Bullish Price Action, I expect this metal to continue its slow climb Higher. 1st Target at 1300 2nd Target at 1365. For a Bearish Price Action, a close below 1236 and I will be looking to open a SELL position. Target at 1196 I'll be looking to BUY every pullback above 1236. I remain Bullish on this commodity.
X marks the Spot. For a Bullish Price Action, I still expect some BUYing around 0.97800 Demand zone. This will be short-lived. For a Bearish Price Action, Liquidity has been tapped up to the 1.00900 region. I expect further SELLing pressure in the coming weeks. A break below 0.98000 and I'll be looking to SELL every Rally. 1st Target at 0.95400 2nd Target at...
X marks the Spot. For a Bullish Price Action, I expect Cable Bulls to resume control in the coming weeks. 1st Target at 1.33000 2nd Target at 1.43500 For a Bearish Price Action, If we don't hold 1.26000, next target will be 1.20400. My bias is Bullish so long as we stay above 1.26000
X marks the Spot. For a Bullish Price Action, I expect Higher Prices in the coming weeks. I'll be looking to BUY any significant pullback. Target at 0.77200 For a Bearish Price Action, I expect a slight rejection at the 0.73950 minor Resistance. This will be quickly faded. I remain Bullish on this pair. Look to BUY every pullback.
X marks the Spot. For a Bullish Price Action, I expected price to close above 1.53650 to show bullish continuation. We had a failed breakout. I am now bearish. For a Bearish Price Action, I flipped my bias to Bearish after last week's close showed price tapping into liquidity at 1.55843 (previous High) and then closing back below. I expect lower prices in the...
X marks the Spot. For a Bearish Price Action, I posted last week on a Bullish setup on this pair, but we had a failed breakout on this cross as Bears drove it back down into the Range. I'm skeptic about taking a SELL as the previous candles are showing Higher lows. If we do break out of the Local Low, look for 1.58380 to scale first profit. 2nd Target at...
X marks the Spot. For a Bullish Price Action, we may experience some BUYing around 0.88300 and target the previous weekly High. For a Bearish Price Action, I expect we continue SELLing down to the 0.83260 region where we meet Weekly Demand. I expect lower prices in the coming weeks and will be looking to SELL rallies. 1st Target at 0.88311. 2nd Target at...
X marks the Spot. For a Bullish Price Action, I expect a push and close back up above the 1.32890. This is unlikely as it appears the bulls are exhausted. For a Bearish Price Action, I will be looking to open a SELL position at 1.32900. 1st Target at 1.27800 2nd Target at 1.25400 I am more Bearish on this pair in the coming weeks.
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Using ICT Concpets, it’s led me to believe EU has a potential rally down, it took out a double top, an area of Liquidity where Smart Money can sell, its retested a breaker used to mitigate orders, so now overall bias is to short EU to the double bottom, another HTF level of Liquidity, maybe EU will reach for the range Low
X marks the Spot. For a Bullish Price Action, Kiwi has more UPside potential with Targets extending to the 0.74300 region. I will be looking to enter a LONG position IF this current Support at 0.67000 holds. 1st Target at 0.69700 2nd Target at 0.70600 3rd Target at 0.74300 For a Bearish Price Action, I will be looking to open a SELL position on a break of this...