HossanaChikwado

HossanaChikwado

Market Structure is to the Upside and I'll be looking to take Long trades for one more push into the DBD which is where I'll be expecting to see a Major Reinjection of Bearish Pressure

HossanaChikwado

Market Structure is to the Upside on USOIL and as long as the ascending Channel is valid, I'll continue to look for Buying Opportunities. Expecting one more Bullish Pressure to Push us into the DBD Zone before we see a Major Reinjection of Bearish Pressure.

HossanaChikwado

From experience we can all agree that it is unsustainable for the Market to Keep pushing up without taking a deep at some point. Here we see the massive Rally on the SPX500. Going by Historical Price Action, I expect to see the Market retest $2,200 sometime in 2021 or 2022. Until then let's ride the Uptrend while it lasts.

HossanaChikwado

On USDCAD we see Price flirting with Major Lows with Bears failing to print a new low on the third attempt. This could be an indication that Bulls are finally here and we might see a rotation. I'll prefer to see price break out of the Falling Wedge Pattern before looking for Buying Opportunities on this one.

HossanaChikwado

Pound Kiwi is moving inside a long term descending channel and has just touched the top of the channel for the second time. Right now price is correcting after the impulsive move from the second touch and we are looking to capitalize of the continuation move

HossanaChikwado

GBPUSD has failed to break higher for 3 Consecutive trading days. A breakout to the downside could expose 1.2000 while a break to the upside could see us heading to 1.3000. You should be really patient with this one and not jump into anything, let the market decide.