iorek65

iorek65

NFP is tomorrow. But frankly it's happening in context of a much larger stray of pattern setups on both major and cross minor pairs that harmonize together along with other macro energetic forces. Timing is key. We have declining strength in a major indicator harmonizing with this Head and Shoulders pattern on the daily of USD-CNH. This lines up with other...

iorek65

Major levels have hit in the global stock indices. In addition to the bat pattern drawn and double top, there are other signs of hidden weakness. Have we reached a top in stocks?

iorek65

Bullish Wolfe Wave -- similar subpatterns to bottoming before. Suggesting US dollar temporary corrective wave across pairs. Trade only with money you can afford to lose Always use a stop loss It's okay to be wrong about anything Think in multiple scenarios

iorek65

Bullish Inverted HS pattern with strong impulse and retest candles. Confluences with momentum of metals cross pairs and Oil. Foreseeing Oil to drop into the 50's and Dollar Index to hit weekly/monthly resistance around 99-100 area. Precious metals need to drop a lot more and when they finish dropping (perhaps September/October?) there may be a strong buy...

iorek65

Price is showing nice respect of the Lower parallel with a historical setup and there is cross confluence with other cryptos and US Dollar moves suggesting a reversal may be under way. Stick a stop at the base of the fork or a few ticks below the previous swing low. Targeting Quarter Line and Median Line.

iorek65

Lots of things coming together on the charts ... not certain, but high probability. Reminders: Trade only with money you can afford to lose It's okay to be wrong about anything Keep growing and expand your mind Think multiple scenarios and perspectives

iorek65

AUDUSD hits weekly multi pivot line and reveals key signs of reversal ... NFP around the corner. AUD/XXX pairs show signs of accumulation as well suggesting confluence.

iorek65

Tons of rejection wicks and subpatterns adding up. This looks likely to go higher.

iorek65

Crypto junkie buyers are washed out from getting in too early. Fear is starting to set in. Bullish Inverted HS pattern is complete and it's a quiet weekend. Dollar Index has massive volume spike and cryptos are beginning to show some correlation with it's movement. Also, this support level this Inv HS pattern has formed at is the 3rd test on the weekly/monthly...

iorek65

Bullish gartley on EUR/JPY confluences with strong rejection of the lower parallel line of the Weekly fork on AUD/JPY (which also forms a third strong wick rejection on the monthly for that pair). At the least, it appears it could be difficult for yen crosses to push significantly lower after responding to key levels the way they have. Trade well and stay healthy.

iorek65

We have many pieces of criteria suggesting to us on the weekly monthly and smaller time frames "Sell in May and go away" US Dollar rally has at the least hit a wall if not stronger reversal potential. This is seen across multiple dollar pairs, but I will just post what I see for AUD/USD in this instance: 1. Large Weekly Bullish Bat pattern with strong wick...

iorek65

MP bullish setup on the weekly chart. Looks good for up next couple months Trade with money you can afford to lose Always use a stop loss Follow your plan It's okay to be wrong about anything Enjoy :) Cheers

iorek65

Triple Bottom Pattern -- Week opened with gap down and a stop run lower of the Asian range. Looks like it has some good upside potential. Trade with money you can afford to lose Always use a stop loss Follow your plan It's okay to be wrong about anything Enjoy :) Cheers

iorek65

Two scenarios lookin at ... breakout higher and retest or a pull back before a break out. Always trade with money you can afford to lose Always use a stop loss Follow your plan It's okay to be wrong about anything.

iorek65

Buy Setup level is this one and 4500 below it -- two shots for good buy areas. lways trade with money you can afford to lose Always use a stop loss Follow your plan It's okay to be wrong about anything.

iorek65

If it retests the area around the line could be a good buy with a stop at the swing low. Always trade with money you can afford to lose Always use a stop loss Follow your plan It's okay to be wrong about anything. Cheers

iorek65

Rejection on Monthly Lower Parallel Line and confluence with Dollar pair movement. Likely a rise up from here. Always use a stop Never trade with money you can't afford to lose Be patient It's okay to be wrong about anything Cheers

iorek65 Updated 

Some pattern key points present -- an inside test and rejection of it within the Trading Range would point to distribution for a sell potential. -Trade only with money you can afford to lose -Always use a stop loss -It's okay to be wrong about anything -Enjoy the process :)