SpaceWalkerUG

SpaceWalkerUG

We've see a big drop in GU this week, and this is usually a sign to me that the market was searching for liquidity. With confluence in USDJPY reaching a new maximum of 134, which acted as previous resistance, We can expect a potential drop in DXY after NFP and a reversal on Correlating pairs like GBPUSD.

SpaceWalkerUG

With the upcoming CAD CPI news in expectation, We could see CAD fall to the downside. And With the current Currency strength index in favor of the USD at a ration of 3:1, We could use this as more confluence with which to place a trade. Lets see how it goes

SpaceWalkerUG

After Price action respecting the previous resistance and support zones, We see the formation of a Triple-Top Bearish Reversal chart pattern which indicates that the price shall continue to respect the general Weekly Downtrend and Reverse. I've set my Sell stop at the bottom of the Wedge formed by the Tripple top, with the expectation of a price drop. Do your own...

SpaceWalkerUG

Based on the current retracement to meet the previous Monthly High, We could say that this month has a Wick to fill. -The Lower wicks From the previous Two weeks formed a Higher Low and a Bullish reversal pattern that we can observe when we go into the Lower Timeframes. - In the Daily Timeframe, We can observe strong Bullish candles that can be used to confirm...

SpaceWalkerUG

A new month in the markets and GJ, Looking for a potential formation of Head and Shoulder on the higher timeframes. But the Recent monthly high gives room for a move to the upside before we see a major retracement throughout the month of June.

SpaceWalkerUG

Because XAUUSD tends to range in the day, one of the easiest strategies is to identify buy or sell opportunities within previous highs and lows for the higher timeframes, and look for execution orders on the lower timeframes. Traders can open a position on gold when the confluence for an uptrend on the lower timeframes occur, for example, on the 15Mins chart,...

SpaceWalkerUG

Did this based on technical analysis and price action justification. China urged some of her country's investors to buy more stocks in an effort to step-up their economy's slip towards a two-year low. The Hang Seng China Enterprises Index shed 5.6% last week, the biggest drop in more than a month. Funds have been on the sidelines as they await the market to form a...

SpaceWalkerUG

Tsup Traders here is the LONG analysis for USOIL, let me know in the comment section below if you have any I don't, the entry is based on the H1 timeframe, and one of my strategies looking for entries based on RSI(200). I deeply suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.

SpaceWalkerUG

Hello Traders, here is the LONG analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if a rejection from the 123.626 area is obeyed. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.