WEEKLY
DAILY
4 HOURLY
Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.
Weekly: expecting upper COD, with WKLY RED trendline already breaks. we are expecting a minor retrace before it moves further up. Retracement can provide good potential for profit on the long trade.
Daily: Expecting lower CGD with Gray trendline break, our expectation is that market may retest the trendline before it is final journey till lower CGD. This is in line with our weekly analysis where we are expecting a retrace to the south before moving up for COD.
H4: we expecting the completion of C-3 trade, this will shift existing COD on the H4 to the right.
Next trade setup: Aim for Daily timeframe to retest the DLY GRAY trendline, then short til lower CGD. Once this completed. H4 should also mark the completion of the C-3 trade.
After Trendline breakout trade on Daily we can aim for PC-2 trade on Daily which will lead us to the upper COD needed in weekly timeframe