morningstarpips

morningstarpips

Bitcoin is scary for most, that is because most are not aware of who runs literally everything. Crowds are eager for the "bullrun" less than 20% of traders see the main trend which is to the downside. However the downtrend is becoming more noticeable to the public, this is when dumb money is given to the 81% of buyers. We can expect bitcoin to reverse aggressively...

morningstarpips

I have broken down a very energetic area of us30. This specific index loves to move in whole numbers. We can see a completion from a quarter level analysis I did a few days ago. However I did not brake it down to the pipette. This time I took the time to break it down in depth. The psychology behind this analysis is very simple. Smart money has played out nicely...

morningstarpips

As the Dollar losses value, it is likely to see commodities reach new levels, therefore the divergence with gold.

morningstarpips

We will see Gold reaching newer levels, the hourly double tops have been obliterated. My Target is 1500

morningstarpips Updated 

The move has been made, we saw a strong push to the level I was initially aiming for, however I did not think they would pressure the agenda. If we take a look from the initial sky rocketing it was at around 26500 area using quarter theory to 27500. it falls right on it. The market close earlier than anticipated closing on a bearish candle, it was a weak bearish...

morningstarpips Updated 

We could potentially see USOIL reaching the yellow target, even though the sentiment is 50/50 we can expect it to see to the downside. As I've mentioned before these markets are algorithmic that can easily be manipulated. our green zone lies below a very strong quarter zone. It is also an imbalance in the market which leads to unhealthy price action as it has also...

morningstarpips Updated 

Despite everyone expecting a bullrun, "big money" has to find a better position. There's no way they will long BTC that high. Green zones are imbalances dound in the market, algorithms hate that. Props to the 23% of shorters.

morningstarpips Updated 

The dow Jones is getting ready to run up. If the pink line gets touched again its your 2nd opportunity to enter the buy.

morningstarpips Updated 

GBP pairs have been having all traders in dispair, again everyone looking for the buys. Trade what you see, not what you WANT the market to do. Easy trapped trendline.

morningstarpips Updated 

As the DXY tanks Gold rises, we can expect the double tops to be blown by the US news coming up tomorrow, Gold has tricked people this past month. However if you are looking for the sell there is not enough data showing a long term short, I highly believe we were in a 5 year accumulation period (Wyckoff logic) and we are ready to go up, we all know Gold has a...

morningstarpips

The open of the month has significantly show bearish movement, despite everyone trying to push its way up trying to fill up the gap we initially saw at the beginning of May, it seems UJ is not quiet ready to make its way up. Let us see what the market plays out.