This is a personalized analysis based on trends, strength of drives and potential moves.
- Price wicked up to Previous Week Open - Now broken lower out of wedge on High Volume - Price is at Monthly Pivot begin of Month - Looking for a drop to Monthly S2 = 80.00 - Looks ready to drop next week
USDCAD D1 28-1-23 = SD + PP + GAPS - Seasonally FEB/MAR/APR should be bullish - COT however is in favor of lower prices - Technically it looks very bearish - Lower Highs > Lower Lows on HTF - Pivots: Price started the Quarterly at QPP, now moving to QS1 = 1.3250 - 1.3250 = QS1 = Demand-Zone = GAP = Imbalance = 50% Upswing / very likely to be hit - 1.3000 =...
• The SPX did correct to the 21 ema, exactly as we expected in my previous analysis (link below this post, as usual); • Now it is going up again, trying to resume the bullish sentiment, but in order to confirm that, it must break the red line at 4,015; • If the SPX breaks this red line, it’ll trigger a pivot point, and in this scenario, the next resistance around...
Looking for a drop to 1.30 big figure COT: Looks like Institutional switching from acc. to dist. CAD shorts COT: USD longs in dist. mode since Q4-22 COT: Both developments spell more downside for USDCAD Pivots: Q1-23 starts with selling the Qarterly Pivot Pivots this predicts Quarterly S2 TA: Daily downtrend evolving with a HH > HL > HH > HL...
Expect lower prices based on: Seasonality (JAN/FEB down) Pivots )Monthly Pivot to Monthly S2) COT (EUR doWn, AUD up) Techicals (Break of Structure, Lower High) Relative Strength (EUR weaker, AUD stronger) 1.5000 as downside target for Q1
Hello Traders! In the Descending Channel the price pullup it self from the ground to the top of the channel by correction way. I think it will fake breakout and retest 99.450 and fall down to middle of the Channel and MAYBE even the bottom. What do you think? Please Like and Comments to this post and let's talk technically on this matter. love you all Let's...
AUDJPY. Enter a long position at 91.683. Pin Bar occurred at Support Level using Pivot Point Indicator.
Entry Price 0.63900. Target Price 0.64220.
- RSA W1: GBP strong, CHF weakening - COT: GBP buying longs AND selling shorts, CHF only selling shorts - LVL: PMH & PWH at 1.1540, CQH at 1.1570, levels approached but not yet purged - PP: MPP predicts MR2 = 1.1810 - TA: Price makes HH > HL since mid NOV - PTRN: W + 1st push completed - VOL: Volume preceeds price on H4, Price above QVWAP but BELOW MVWAP & WVWAP -...
- RUSSEL back to 2000 - Seasonally Russel is strong in DEC - Seasonally Dollar is weak in DEC - W-pattern + 1st Push unfolded - Looking for stophunt high and low, then 2nd Push - 2nd Push is run from 1850 to 2000 = MPP to MR2 - Also Demand-zone and 2 Deviation of Channel - COT supportive of move higher, Dealers more short and less long
Enter at 0.89734. Exit at 0.90351.
- Seasonally MXN is strong in NOC/DEC - Seasonally USD is weak in DEC - COT supports this outlook - Asset Managers + Leveraged Money accumulating Longs - Leveraged Money also distributing Shorts - Looking for a drop from DEC Pivot to DEC S2 - Higher Timeframe objective is Weekly Bullish Orderblock at 18.80 COT: images2.imgbox.com
Seasonally Gold is strong in DEC Seasonally USD is weak in DEC GOLD Speculators COT-data supports this outlook Speculators accumulating longs while distributing shorts Looking for a run from DEC PP to DEC R1 = 2022 Yearly Open COT: images2.imgbox.com
- Looking for US5Y-Yield to move above DEC Monthly Pivot - Followed by a drop to DEC S1 = GAP - Dollar-Index should follow Yield and weaken after 1st week of DEC
- Price is back above 2022 Mid-level - 2022 Open = 2022 High = 2023 Yearly R1 = Imbalance - If Dollar-weakness continues in DEC a rally higher is likely - Wyckoff accumulation-pattern completed - Look to buy the retrace begin DEC
- Wyckoff accumulation in down-sloping channel unfolding - Looking for a run on 1.00 big figure - 1.00 = Weekly R2
- Looking for GBPAUD to weaken - First target is 2nd deviation - Second target is 1.7000