The Silver short-squeeze right? Well it´s hard to short squeeze a market so big with much less short interest than those stocks (GME, AMC, etc…) but there is a good opportunity here never the less. Silver started rallying last Thursday and continued to rally throughout Monday to the 30.1365 level (8 year high) breaking through […]
The USDMXN rejected the 20.60 level last week, level that has seen BIG sellers jump in 2 times in the past (December and November 2020) capping the bearish momentum in the MXN against the USD. Now we are looking at a possible short setup at the retest of the previous key level and monthly pivot […]
Gold rallied again at the beginning of the week to retest the top of the range it had been trading since the beginning of the year after the big drop from 1958 back in January 6. This bearish breakout is still not confirmed since the last bullish defense line is intact: the Nov. 26 highs […]
The GJ just retested a massive daily level from February 21st 2020 This level is were sellers took control of the market and pushed price down 14.64% (2125 pips). On the short term we have hit important bullish targets and have made now a lower low at the retest of the previous broken level. We […]
GBPUSD The GU is again retesting and rejecting a MASSIVE level on the daily (1.3750) and we are looking to short the breakout of the reversal structure. This pair has been trading inside of a rising pennant testing time after time this big daily level printing major bearish divergence on its way. The break of […]
The EU is still trading inside of the range it has been trading for the past 2 1/2 weeks but now has broken with a wedge and dropped 36 pips to created wen weekly lows. We missed the move but a pullback to the previous broken level would give us a great short entry with […]
The NU is in a bearish immediate market (with the USD rallying) and we want to take advantage of this. After the last bullish pullback we moved down to the fisrt supply zone and bounced back 61.8% of the move completing the a-b move of an a-b-c pattern We will go short at the break […]
The Nasdaq crashed yesterday 5.30% to a massive key level in confluence with the retest of the mid term bullish structure, the 61.8 of the last rally and the 1.618 of the last leg up of the rally. Hidden bullish divergence detected. Should price break the current high (2 hour candle high) we should be […]
Gold is retesting a big key level where buyers have jumped in the past (Jan. 19,20,22,27 ,28) in confluence with the 61.8% of the Jan 17-20 move but also the 161.8% of the first move of the immediate down move (pink structure) Bullish divergence detected at today´s lows and hidden bullish divergence detected from the […]
