This is a very good opportunity to understand how market behavior display of a momentum transitioning.
Bullish + Bearish + Bearish + Bullish = Momentum switch.
The question is, would the market agree?
the idea you see here is just Fair Price Prediction Model (FPPM).
This model is part of a large system within systems.
"The known may be known by delving...
when the market was at resistance level, it was rejected against direction leading to a downside move. However, because the level was rejected against direction, we are now at the breaking point to the upside move.
the idea you see here is just Fair Price Prediction Model (FPPM). This model is part of a large system within systems.
"The known may be known by...
i have a few reasons to believe that USDCAD is ready to look for buys.
- Bullish momentum uptrend, this is very crucial because although its momentum is bullish, the overall trend indicating bearish sentiment.
This upcoming week will lead us to understand if the dollar has enough strength to continue bullish.
AJ has been in a strong bullish momentum.
it made a pullback creating a bullish pattern. However, there is also a strong probability that it may fall to the downside.
This is just an idea and once the daily candle closes on Monday will tell us the story.
this aet up has a huge potential to continue to the upside.
We have 4 confluences on this set up.
Break of structure.
50% fibs
APEX
Corrective -27.
With these confluences give us a better odd to place a position.
This is a high probability set-up.
AJ has broken out of a major bullish trend.
have a nice W formation pattern forming.
fibs 61.8
According to this set up, we have 4 confluences validating.
this set up.
This idea comes from the understanding that by the end of week there will be 2 options.
1: it is going to Retrace to create momentum from the following week.
2: it is going to leave lil to no retracements.
based on these options I can decide which direction it may go.
This set up in specific, M15 has change momentum by breaking a LH.
this is an anticipation how...
after failing to create a new low, GJ has regain bullish momentum. By the application of all the tools available in the arsenal, plus the combination of 3 dots or more, this gives us a good understanding of where GJ may go next. A new high.
AUD has gained bullish momentum. By the application of the tools in the arsenal, we can conclude that AU may continue to the upside to create a new high.
