HKGan

HKGan Updated 

Monthly -Pound reach all time low $1.1940 back in Sept 2019, last time at this level was October 2016. -If current momentum continue price push higher, this double bottom will probably be valid & solid. -Now price has trending upward of 700+ pips and reach M1 supply zone. Weekly -W1 supply zone coincide with M1 supply zone. Daily -D1 supply zone also coincide...

HKGan Updated 

Monthly -Price move from Demand to Supply, bias is bullish -Along the uptrend, a supply zone was tested and price manage to break above so indicate trend continuation -Now price very close to supply zone and consolidated below, bull momentum is fading, may expect a trend reversal Weekly -Monthly supply zone coincide with Weekly, high probability for a reversal...

HKGan Updated 

HTF chart for oil has been very bearish since the large gap up ($7+) due to attack on SA key oil facilities Daily -On the SA event, price gap up & went right into Supply zone and reverse -Price has been very weak afterward as it didn't have meaningful retracement, basically drop and consolidate & continue sliding lower -Last week price develop a fresh Supply...

HKGan Updated 

Monthly -Price move from Supply to Demand zone, bias is bearish Weekly -Previous weekly candle was engulf, indicate price may bounce higher -But overall trend still bearish Daily -Strong bullish close on 02th Oct -Price break classic S&R level $1.4560 and manage to stay above -Deeper retracement was expected Summary: -Similar to EURUSD idea, bearish sentiment...

HKGan Updated 

Possible short for SPX500 near 2781 area with uptrend line broken: -fib 61.8 pullback -key structure broken -may form AB=CD pattern that complete near 2680 which are previous key sensitive area

HKGan

Possible short for DXY near 100 key level which coincide with: -top of Weekly Downtrend Channel -key structure -possible gap fill since Apr 2017 Short confirmation can based on Daily or Hourly reversal price action: -pin bar formation -bearish engulfing candle -double top -breakdown of previous low/support -bearish harmonic pattern Current price seem to move in...