Our short trade idea form last week is running great but at today’s open price started to trade down to a massive key level in the short term. The 141.60 is the end of wave 1 AND wave 4 in the former bullish structure that we traded the reversal on. This means that there will […]
Last month the US substracted 140K jobs on the worst Non-Farm Payrolls since April. Gold failed to climb higher but is now retesting the 1860 level which is also the 2.618 of the last pullback. This finished the ABC pullback of the previous bullish move. This long signal is risky since we are facing an […]
পাউন্ড-ইয়েন একটি বুলিশ কাঠামোর শেষে তৃতীয়বারের মতো মূল স্তরের জন্য পুনরায় পরীক্ষা করছে। এই কাঠামোটি একটি গুরুত্বপূর্ণ বিয়ারিশ ডাইভারজেন্স প্রিন্ট করে রেঞ্জের শীর্ষে স্বল্পমেয়াদী বুলিশ লক্ষ্যকে আঘাত করেছে। এই স্তরটি অত্যন্ত গুরুত্বপূর্ণ কারণ এটি সেই স্তর যা 90 দিনের জন্য মূল্য ধরে রেখেছিল (নভেম্বর 2019 […]
Gold has rallied to a massive level which was where seller jumped in and Gold dipped 6% and 10% respectively after (Sept 15 & Nov 09 2020). Technically speaking this level confluences with the retest of the current structure, major short term bullish target and massive bearish divergence. This short idea is risky and should […]
The Dow crashed more than 3% Yesterday on the first Monday of trading in 2021. This move is by no means a Bearish signal but more of a dip buying opportunity if the next scenario plays out: The Georgia election for Senate are undergoing and this is SO important for stocks. A Democrat win would […]
The GU is testing and rejecting a massive level in historic price action. The 1.3670-1.3680 is the lows of February 2018, level that after price broke to the downside the Pound went on a -16.80% move (-2300 pips) until it bounced from the 1.14 level back in March 2020. Prime Minister Boris Johnson just commented […]
ETH crashed 24.3% from the highs around 1170 to retest and reject the 900 level inside a flag hitting short term sell targets and creating bullish divergence at the bottom. Possibilities for a long continuation are in play if the immediate structure breaks This level is physiologically important but also the level that supported price […]
Ripple started the New year flat but is still under a lot of pressure because of the delisting processes it has taken on the biggest exchanges but also for the still ongoing SEC lawsuit for the illegal sale of $1.3 Billion worth of tokens according to them. Technically speaking XRPUSD is retesting the previous broken […]
After old hit and rejected 1900 it pulled back to retest 1870 and has been trading inside of a 150 pip range for the past 2 sessions. We are still trading inside of the mid term bullish structure and should price break with today and yesterday’s highs a retest of the 1900-1905 zone would be […]
