GBP/CAD has a nice rising wedge at a major supply zone. Price has failed to make a Higher High and is now starting to make Lower Highs. Looking to catch 300-400 pips to the downside over the next week or so.
Ethereum is coming from a major demand area after sweeping liquidity. I am taking a buy limit order on ETH looking to catch price rising to the previous highs. Over 500-600 points.
Ethereum has a nice falling wedge into a major demand zone. I will be taking ETH as a market buy now looking for price to reach 5000 making over 500 points to the previous High.
US30 has given us a CHOC to the downside after a long time run up. I will be selling US30 to the consolidation zone looking to catch 1000 points over the next few days.
USD/CAD is in a Major Demand Zone and has rejected it nicely. I will be buying USD/CAD looking for price to reach the previous high for about 100 pips.
EUR/NZD has taken out a previous swing high and has started to consolidate. There is plenty of liquidity to be collected to the downside. I will be selling EUR/NZD to the next demand level looking to catch 300-400 pips.
GBP/CHF has a nice double top and has just created a lower high confirming the pattern to complete price reversal to the downside. Looking to catch 100-200 pips to the next level of demand.
GU is ready to fall after a CHOC to the downside from a major supply area. Dollar is also strong pushing to the upside which will cause pound to fall in this pair. Looking to catch 200-400 pips on GU.
GBP/AUD has pulled back to a key supply zone and is currently respecting it with wick rejections. I expect price to seek out buy side liquidity to the next demand level.
SILVER has completed its pullback to a major supply zone. I will be selling silver to the next demand level.
NAS has retested a major supply zone after a nice CHOC (Change Of Character) I will be selling NAS looking to catch over 800-100 points. DXY (USD) CPI economic news will also be a catalyst to more this trade this morning after 8:30am.
Natural gas has given us a nice CHOC (change of character) to the upside to start a upward move from a major demand zone. I will be buying natural gas to the next level of supply.
GOLD has a nice rising channel which is a (BEARISH) reversal pattern with plenty of sell side liquidity to be captured to the downside. I sold GOLD at 3397 and expect Gold to fall over $80-$100 which is 800-1000 pips.
Spy has created a Double top followed by a CHOC and retest to the downside. Their is plenty sell side liquidity to be collected as I expect a major drop on spy. Looking to catch 300-400 points on SPY.
US30 Has given us a nice CHOC (Change of Character) to the downside. This indicates a huge potential of US30 dropping more after it pulls back into the supply zone that created the change. Dollar news is also a catalyst today for this play. If news comes out good for PMI and makes the dollar rise... US30 could fall almost 3000 points over the next few days....
NZD/JPY has given us a CHOC (change of character) on the lower timeframe after finding support. I expect NJ to pullback to demand and then rise to the next level of supply for over 100 pips.
EUR/USD is currently at a major demand level after sweeping sell side liquidity. The Dxy (Dollar) is overall bearish. I expect the dollar to fall and EUR/USD to rise to the previous high / supply level for over 200-300 pips. News most likely will affect this pair in terms of volatility.
NZD/USD is at a major demand level. Dollar is bearish. Economic News this afternoon should assist and pushing this pair up. Looking to catch 200 pips to the previous high.