A break above 68300 will invalidate (c) leg... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Gold's corrections continue. For the metal to make new highs, the price needs to breakout of the declining trendline AND rally above 1915 swing high. Failure to accomplish this will possibly drag gold's price down towards the trendline that has been keeping gold price high since 2018! N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk...
We saw NASDAQ making indecision on whether to take price higher or pullback last trading day for the week ended. A close below the low of the indecision candle will possibly drag the index to its mean value before testing 16460 high again. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
USOIL rallied above 3 year high in October and since then has been making corrections on H4. Having completed WXY corrective wave, crude oil has potential for bullish continuation (1). However, buyers would be interested to buy at a lower price. The bulls are lurking at levels (2) and (3) N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk...
CADJPY started corrections after attaining a 4 year high. A shallow correction likely to drag the pair to 38.2% fib level while more complex one maybe deeper than 61.8% fib region. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Analysis on GBPUSD medium term remains bullish. Expecting the pair to continue its pullback towards at least 1.36300 with the value area located below 1.35800 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
First attempt by BTCUSD to rise above April 2021 Swing high met bears that drag the price down. Price rejections at 59k may invite bulls to send Bitcoin price to re-test its recent high above 66800. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
The stock price for BIDU may have found a bottom at 140 and ready to re-test its 260 level! N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Gold is now within the upper section of its value area having pullback from its high at 2075 reached in August 2020. Expecting more decline deep into the value area below 38.20% fib level. There is a good support at 1673 or the metal may also touch the ascinding trendline that has been holding the bullish trend since August 2018! N.B - Let emotions and sentiments...
GBPUSD has been on complex corrections after reaching 1.42500 high. The currency pair corrections' is taking the form of a bullish wedge. Is the corrective wave almost over for another trend to commence? A pullback is expected to 50% - 61.8% fib level... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Still following our Sept 4 analysis... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
GBPUSD again rejected below 1.37000 with on-going buying pressure observed on H4 on 2 levels (green highlights). Price rejection at either these levels will see the pair re-testing recent swing high at 1.37502 (or above). However, failure to rally above 1.37502 will likely cause cable to continue going further down. N.B - Let emotions and sentiments work for...
Apple likely to retest bearish order level at 154. If price is unable to hold then apple stock price would likely be in search of its mean value presently situated between 133 - 137 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
There are buying pressures on CAT stock price below 207. Rejection within this zone may indicate possibility of the stock to re-test the recent swing high above 246. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
BLK stock price is now coming down to the value zone. Rejection is anticipated around 50% fib level (or slightly below)... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
EURCAD pullback to the H4 ascending trendline and now prepared to re-test bearish order candle at 1.50256 (or above) N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Nasdaq uptrend continues with another bullish bar added last week to rally above the swing high at 15200. I expect more bullish run, albeit a pullback to re-test 15200 level, but overall uptrend most likely to continue for more weeks. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
After the recent selling pressure, bitcoin has since rallied towards previous swing high. However, selling pressure may commence anytime soon with almost 61.8% have been retraced from 65K high. If BTCUSD is able to close above 58K, then there is a high chance for the crypto- to rally towards 70K and above. N.B - Let emotions and sentiments work for you -ALWAYS...