After an impulse move off the monthly proximal line, Bull try to regain control but met the resistance off a flip zone and immediately gives up all its gain with a daily Bearish closed the next day. I am expecting a shallow pull back before Bears take control. Will be looking to go SHORT targeting the D1 DZ below which coincide with a previous structure...
After some consolidation, price finally make a bullish impulse move. Will be looking to go LONG on pull back. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise...
Will be looking for confirmation LONG at the QML for Bullish continuation DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of...
After a daily Bearish close, price didn't follow through with 2 daily inverse hammer seen at a flip zone. Could this be accumulation in progress with the upper wick a test of supply? Will be looking for confirmation to go LONG for continuation of the Bullish impulse that started the week before. DISCLAIMER: Any opinions, analyses discussed in this presentation...
Price reacted to a flip zone with a daily bullish close. Will be looking to go LONG on lower time frame for Bullish continuation. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of...
Volume has been building up in the last 2 days of trading as evidence in the volume profile. This is happening right under a supply zone. Is this distribution in progress in anticipation of a Bearish reversal? Will be looking at this pair closely for a SHORT opportunity. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal...
Price been making higher high/higher low since breaking outta a bull flag. Will be looking to go LONG on pull back for Bullish continuation. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any...
After 3 weeks of consolidation, price finally make a breakout to the downside with a D1 bearish candle. Notice that this candle is the strongest D1 move in the past 3 weeks. Will be looking to go SHORT on pull back. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not...
I don't usually do harmonic pattern but this looks too good to be true. The PRZ(Potential Reversal Zone, Lime green box) is a confluence of QML, Fib ext 1.27 of the last minor swing(as indicated) and 0.786 of XC swing. Will be looking out for a SHORT opportunity on this pair. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal...
Price has made a decisive break above a strong resistance. Will be looking to go LONG on retest. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or...
A weekly hammer candle and a strong daily candle that took out 3 daily candle high. A look at the weekly chart and we can see the reason why. Price actually reacted to a strong weekly support. A weekly hammer candle near a structure low usually is a strong sign of more bullish move to come. Will be looking for LONG opportunity. DISCLAIMER: Any opinions, analyses...
We are starting to see every upthrust losing steam and getting shallower. At the same times, they have been testing the low. And last Fri we see the strongest bearish closed in the last 7 days with the weekly candle closing as inverse hammer. Is this a sign of NZDUSD turning Bearish? Will be looking for confirmation to go SHORT on this pair. DISCLAIMER: Any...
Price has stalled near a daily structure high. What caught my attention is the higher daily volume but price didn't make a new high from Thu. In fact, it also struggle to close beyond recent high(27th Jul). That to me is a sign of weakness. Will be looking for confirmation to go SHORT. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my...
For the past 2 weeks, price has been testing the monthly proximal line but fail to breach it. Finally, on Thu, there was a strong push ending with a daily close above the proximal line. But the next day, an equally strong bearish push erased all the gains made on Thu. I see this as a sign of weakness. Further confirmation needed. Will be watching this closely for...
The Bullish tone in my last analysis has changed after recent price action. On Mon, we see price tested a SZ, fail to breach and has since reverse the Bullish tone with a D1 Bearish close. Yesterday NY session see a possible sign of weakness. Will be looking to go SHORT to target the swing low with a decent 1:2.5 R/R DISCLAIMER: Any opinions, analyses discussed...
Like GBPJPY (), yesterday price action/volume is showing a potential sign of weakness. Will be looking for further confirmation to go SHORT. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any...
I am seeing sign of a potential Bearish reversal in yesterday price action/volume. Will be looking for further confirmation to go SHORT. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss...
Price reacted to a DZ with a strong bullish impulse without any pull back, taking out 3 swing high in the process. After such a strong bullish impulse, I am expecting a ABCD pull back to the FZ(Fib 50) or Fib 61.8. Will be looking out for price action in this area to go LONG. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal...