Yearly Archives: 2018

Morning, Traders. Check out Bitcoin on the weekly chart. In this case, I’m using the BTCUSD chart, but you could just as easily be trading actual BTC instead of CFDs. I never thought I’d say this but it looks as though Bitcoin is working on putting in a low here. It still has a lot […]

Hey there Folks, Happy Friday! A quick little post to bring to attention the formation of a potential H&S pattern on the DAX, weekly chart as per below. You’ll remember we covered the H&S pattern here. What I like about this, is that it’s on the longer time frame, and should it complete, we can […]

Good afternoon, Traders. A quick post to bring to attention what’s happening in the US indexes, specifically the NASDAQ. At a glance the chart looks to be tightening up and could be getting set for a move. Looking at the chart below, what we’re seeing is a contraction in volatility, shown very loosely by the […]

Happy Monday, Traders! One of the first things i stumbled into this morning was a potential setup on the USDSGD pair. After a lengthy downtrend we’ve seeing price stall/consolidate for a couple of months now. Consider the daily chart below. You can see that our red supply zone has been tested numerous times in the […]

Happy Friday, traders. A quick note today to bring a potential short-term setup in the USDCAD hourly chart. You can see in the chart below that price has been rebounding in a horizontal range for several days now, with both the upper and lower boundaries being respected by price. Now, these kind of consolidation zones, […]

Morning traders, Sometime back we posted about Gold setting up for a potential bullish breakout which you can catch up on here . Since then, price has been playing out brilliantly and gold continues to tighten up as shown on the XAUUSD weekly chart below. You can see we’re at the point now where price looks […]