The footsie is still holding the previous highs as support around the 6680-6700 level in confluence with the 50% retracement of the last leg up and the 1.618 retracement of the first leg down from the highs. Very thick level whilst trading inside an immediate bearish structure that, in the higher time frames could be […]
The EU has broken with a reversal pattern on the daily-weekly whilst dipping lower inside a nice bearish structure. The idea is to sell into strength at the retest of the previous base (key level) Validation level: 1.2125 Invalidation level: 1.2170 Broker Benefits Min Deposit Score Visit Broker Award-winning Cryptocurrency trading platform $100 minimum deposit, […]
After breaking with the mid term bullish structure we retraced back 61.8% of last week’s range and printed a new fresh higher low.Price is trading inside of a bullish flag and a break of the flag could catapult price to retest the structure highs at around the 37750 level which confluences with the 1.618% […]
The USDJPY rallied last week 1.75% (180 pips) on some USD strength and whilst the DXY is still rallying we could see the next leg up in the UJ. Technically speaking we have pulled back from the highs 50% and are trading inside of a triangle (continuation pattern) which just retested the immediate bullish structure. […]
Bitcoin has rallied more than 32% since it bounced from the $32,000 level on Monday all trading inside of a very structured move. We have pulled back to the previous broken level inside of a bullish flag printing massive hidden bullish divergence on the way. Should this flag breakout we could see BTC rally to […]
The footsie has been in a massive rally since the beginning of November 2020 with no real deep pullbacks. We are now above the December 2018 lows which were the big key level to the upside and are looking for a long opportunity. My real buy zone is lower around the 6670 but if price […]
The EURUSD is still very much n a bullish structure and is now retesting the previous lows at the 1.2140 level which is also the 76.4% pullback of the last leg up. We have also hit important short term bearish targets at the 1.618 whilst printing a big bullish divergence at the lows. Should the […]
The GU retested and rejected a big key level and the bottom of the current structure which happens to be a a bullish flag. The DXY rallied to the 90.70 level and reversed as predicted on today’s video. This was our sell level for the USD which will push price in the GBPUSD up. Broker […]
Fundamentally speaking I like the upside in Gold A LOT. With this Blue Wave coming in the US (Big Democratic Control) we are going to see a lot more social based bills passed and more liquidity injection, a.k.a QE. This will kick the US Dollar down and metals, all safe heavens like the Yen actually, […]
