racyrace

racyrace

Wheat has formed a very strong Head and Shoulder with a bearish wedge or descending triangle . This can be seen from both monthly, weekly and daily timeframes. All these points to lower prices in the weeks ahead. In this market you can risk a 1:3 Remember to always adapt or make changes as the market changes. Let me know your thoughts.

racyrace

Daily chart Observations: TSLA has tested a key level turning resistance into support with a double bottom, head and shoulder as seen from the W formation. If you zoom the chart properly, you'd see TSLA direction is uptrend and the above indicators show TSLA moving higher. Always adapt to the market as it changes. The analysis done here is more of a guidance...

racyrace

Pair has formed invest neck and shoulder (same formation as XRP). A bullish wedge is also indicated on the chart. In addition, the market tested a very strong resistance become support level or zone. All these indicators point to a bullish move. NB: Always check your entries and make necessary adjustments. Let me know your thoughts. Please let me your...

racyrace

Pair has formed an inverse neck and shoulder and broken through the neckline. In addition, a bullish wedge is formed as shown. More so, the market respected a very strong resistance become support zone which has just made a LH. All these indicators point to the fact that the market is bullish. NB: Always monitor entry and stop loss entries to make adjustments....

racyrace

Pair has tested demand zone with resistance becoming support as shown. A wedge is shown showing in this case a bullish reversal. All these confirms a bullish move to the upside. Let me know your thoughts. Thank you.

racyrace

This pair fell below its previous demand zone if you zoom the chart to the left. This confirms price to be at a demand zone. The second important factor here is seen from the two strong bullish candles insinuating the bulls have entered the market strongly. These two factors qualify for my analysis to say the market is moving upward. Let me know your thoughts. Thank you.

racyrace

Pair has currently formed a double top (R1, R2) with R2 on the lower side showing bull weakness. If this chart is zoomed in, we see that price has been in a downtrend. The big bull candle on R2 is a buy climax with bulls last push. The last 3 handles on R2 could not make it back to the top still confirming bull weakness. Watch entry level if price changes and...

racyrace

Pair is currently at demand zone acting as a strong support become resistance zone as shown. Price has also made it first LH at current price. In addition, a wedge is formed which is usually a reversal pattern as shown. All these factors point to the fact that this pair is done shorting and the bulls are ready to take the market up. Let me know your thoughts. Thank you.

02:55

racyrace

Hi guys, this is my review for USDMXN for the days ahead. Please watch and comment. Thank you.

02:28

racyrace

This video describes my analysis of Gold in the coming days. Please watch and share your thoughts. Thank you.

racyrace

US 30 1/30/25 Bullish activity diminished as seen from the three last candles. In addition, the market is currently at a resistance as seen (R1 and R2). However, understand that this is a retracement trade as the main trend is currently bullish. Please your thoughts. Thank you.

racyrace

1/09/2025 WTI is currently making LHs as seen from 0-2. At point 2, support becomes resistance to the left. In addition, the 50 EMA has crossed the 22 EMA all further confirming a bullish activity. If structure 2 is not broken to the downside side, then OP1 holds, however, if structure 2 is broken, then look for OP2. What are your thoughts?

racyrace

AUDNZD Weekly Monthly confirms uptrend. Weekly shows market is currently in an uptrend as seen from structure 1 -4. At structure 4, we get support turned resistance to the left. If structure 4 is broken to the downside, the trade is nullified otherwise, I’m looking to go long. What are your thoughts?

racyrace

GBPCAD 12/24/2024 This trade is for those looking to invest in a currency. This is a long-term trade (investment). This pair entered consolidation or has been in accumulation since 2016 (PS) . It created a Spring (SP) sometime in 2022 and finally the l ast point of support (LPS) in 2024 . It has taken approximately nine years of accumulation to reach LPS....

racyrace Updated 

AUDCHF 12/24/2024 Bears are currently in control as seen from the LH (0-2) . If structure 2 is maintained (not broken to the upside) and respects the support to the left i.e support becomes resistance, then Option 1 stands. However, if structure 2 is broken, we look for a reversal at point 1 for the Option 2 to hold. However, if structure 1 is broken (price...

racyrace

GBPJPY 12/24/2024 Bulls are currently in control as seen from the LH (0-2). Bulls still in control after the retracement following the long move from 1 to 2. If structure 3 (support becomes resistance) is broken to the downside, this trade is nulled. However, strong bullish presence is shown with the large bullish rejection candle. Remember, the market is...

racyrace

Point 2 was retracement from 1. Market is creating a structure at 3 and if this point is not broken to the downside, then I look to buy. For educational purposes only. Let me know your thoughts.

racyrace

Market is creating downward structures and seen 1-3. At point 3, the market is creating a new structure with support for becoming resistant. If structure 3 is not broken to the upward side, I look forward to keeping this pair short. Let me know your thoughts. For educational purposes only. Let me know your thoughts.