JanKoristka

JanKoristka

Hello traders, I made this analysis based on weekly market cycles. As you can see, monday was very bullish for GU. In theory, mondays usually give false signals. Actually, on tuesday, we have some form of consolidation which is healthy for this type of market. But we are not selling, not yet. Firts I expect some stop hunts and liquidity grabs above our latest...

JanKoristka

Hello,as you know I am trading XRP for some time and now I would like to show you one of my confluences in this investment. If we don‘t mention fundamentals like Flare network, lawsuit case etc., we can clearly see on the technical side that XRP has made many 1000% and more pumps in the past. So I personally believe and I expect XRP to win the lawsuit, relist on...

JanKoristka

As you can see, we are reaching previous all time high. I expect some bearish reaction and correction. You can also see the POC line which is a zone with the highest volume. This POC also fits with The Golden Zone (0.5-0.618 fibonacci retracement). Possible entry can be in touch with the lower trendline and POC.

JanKoristka

Hello traders ! AUDUSD is in a consolidation box so we don‘t have a clear expectations. I personally expect to AUDUSD go up because I am short on USD this week. But based on price action we are stuck in a ranging market so it would be better to do nothing.

JanKoristka

Hello traders ! Well,this pair is really strange these days - a lot of long moves and no calm price action. I am not really confident with this pair this week so I will turn on lower timeframes. But from higher view I see this - Bat harmonic pattern and not retested POC. I don‘t usually include harmonic patterns and volume profile in my analyses but this time I...

JanKoristka

Hello traders ! As you can see, price was rising for a very long time. Now we are reaching a resistance level. If price rejects this zone then we can count this scenario as possible Double Top and more of bearish pressure. BUT ! I am short on USD this week so this is going against my overall market bias. So I am also focused on possible breakout and more of...

JanKoristka

Hello traders ! GBPUSD is in a downtrend but I expect some bullish momentum in the near future. We are at the support level so I am waiting for some type of rejection. If price come back to its resistance level, we could see a Double Top pattern and another bearish wave with this pattern.

JanKoristka

Hello traders ! USDJPY has been rising for a long time but now we can see some bearish pressure kicking in. Price was falling, made a resistance level and came back again. Now we can see a Double Top continuation pattern so I expect more of this bearish pressure.

JanKoristka

Hello ! AUDUSD is showing some bullish pressure and we can definitely see more. Wait for a retracement and execute your trade on lower timeframe. This is my plan and I will stick to it. USD is a bit weak this week so we can count this fundamental data as another confirmation.

JanKoristka

Hello Traders ! As you can see, EG is falling down in a descending channel. We know that EUR and GBP are strong pairs this week so we can definitely expect some type of consolidation. I personally expect price to confirm our latest lower low, then some consolidation and maybe we could see a breakout to the upside. But this is not clear.

JanKoristka

Hello Everyone ! EURUSD is showing us the similar scenario as in our latest analysis on GBPUSD (Linked below). We can aslo expect a retracement before another rally to the upside. USD is also weak this week so this is another confluence to our trading.

JanKoristka

Hello Traders ! GU is showing some bullish pressure so we can definitely join this event. How can we do that ? Easily wait for the price to retrace to our 0.618 fibonacci level and then execute your trade on lower timeframe. We can expect more of the upside move very soon. USD also seems to me a bit weak this week so this is another confirmation for our setup.

JanKoristka

Hello traders ! After very long upward move we can finally see some type of weakness. I expect price to retrace to our Supply level which also fits with the fibonacci golden zone. After that we can see some pressure to the downside.

JanKoristka

Hello traders ! We have a Triple Bottom formed and also a resistance level breakout. Now we are waiting for a retest so we can confirm this zone, our fibo levels and VWAP -> that means we can see a shift in the market direction. Also fundamentals are more into USD because our 10-y yields are rising and investors are putting their money into USD. Thank you for reading !

JanKoristka Updated 

Hello everyone I was doing a research about market crashes in history (what was the reason, what happened next and how it was solved) ...So I read many titles about financial instruments in US (Loans,credit cards,mortgages etc) ...yeah and those freaking BONDS...we have two types of bonds - short-term and long-term..and here comes the trouble. They should go in...

JanKoristka

Hello everyone I was doing a research about market crashes in history (what was the reason, what happened next and how it was solved) ...So I read many titles about financial instruments in US (Loans,credit cards,mortgages etc) ...yeah and those freaking BONDS...we have two types of bonds - short-term and long-term..and here comes the trouble. They should go in...

JanKoristka

Hello traders, Today we can see something beautiful - clear consolidation. I recommend you to avoid trading this analysis before it breaks above/below the consolidation. I am personally waiting for a breakout,no matter in what direction. All I want to see is a breakout with a good momentum, then exhaustion which will cause a retracement and retest. After that I...

JanKoristka

Hello traders, Price was rallying with a strong momentum but we can see some signs of exhaustion. I personally expect price to retrace and test its resistance level before any type of fall. USD seems to me like it is gaining some strength so maybe we can catch a homerun in AUDUSD. Thank you for reading this ! Good luck!