Showboi-fx

Showboi-fx

we are currently in a downtrend as we can see a bearish momentum in confluences with trendline and Fibonacci and double top indicating bearish bias

Showboi-fx

market have currently hit a 50/50 level once we start breaking lower we should see gold drop to 1800 or we can stall at the support zone and start trending to the upside

Showboi-fx

Market is currently bullish as we can see on the current price action market is respecting the trendline and a possible continuation chart pattern once it break above we can see market keep projecting higher

Showboi-fx

eurusd has invalidated the weekly equal highs and has broke out to the upside we anticipating a pullback into the trendline fib and trendline for all edge to be in place then once entry trigger has been found we pull the buy trade

Showboi-fx

dxy has broken and invalidated the equal low so we now in a bearish trend as we can see the clear breakout as long put in this bearish projection we heading down to 94 target

Showboi-fx

usoil third touch of the trendline and overall bullish trend

Showboi-fx

audusd will need to brak the current minor support that holding for further sells all the way down to the first level target

Showboi-fx

Gold is currently holding a major trendline i would need to see a clear break for more sells to come and take place if not we canbounce from there as there is a possible third touch holding

Showboi-fx

gbpusd is currently testing the fib level and minor level on the monthly timeframe and a breakout has occur on weekly timeframe now we shall be waiting for further confirmation on the weekly to determine either gbpusd breakout was a false breakout or a trend reversal all the way to the upside 50:50 at the region

Showboi-fx

Price is still overall bullish and we can see very clearly a push to 4800 is imminent

Showboi-fx

Gbpusd has broken a major trendline and a minor level and given a bullish engulfing candle I am seeing a 640 pips movement to the upside on gbpusd to 1.34000