asadalizz1997

asadalizz1997

Last week I predicted the downfall of EURAUD and it indeed dropped 300+ pips. Now price is nearing long term support again where we could see another swing up worth over 300 pips. Other confluences that further confirm my bias for buys is that this pair is in a bullish trend along with price being confined in a bullish channel on the weekly timeframe, where our...

asadalizz1997

GBPNZD is at a key weekly zone where we have recently seen rejections multiple times and could see price move further down to its next key support zone. I will be entering this trade if price breaks below the ascending trendline and gives us a clean retest on smaller timeframes.

asadalizz1997

GBPJPY buying opportunity worth 200 pips if price manages to retest our descending trendline.

asadalizz1997

EURGBP has returned to our key long term support which has been actively showing price rejections and bounces since mid 2016 so I wouldn't be surprised if price bounces once again and moves to it's higher key zones. This is a weekly chart so wait for price action such as a rejection candlestick and/or a bullish engulfing candlestick ideally on the daily timeframe...

asadalizz1997

GBPUSD could potentially drop from 3 areas of interest. Watch the zones, trendlines and arrows and look at previous price action on the chart to see why the latter could be possible. Bare in mind the trend has been bullish since mid 2019 so don't be surprised if price breaks out to the upside. Keep eyes out for price action on smaller time frames and enter with...

asadalizz1997

After a few weeks below our daily zone, USDCHF has managed to come back above our key zone where we can expect price to move higher after retest of the zone. (Tp1 - 0.98482, 110 pips) (Tp2 - 0.99581, 230 pips) *Watch price action on lower timeframes whilst price is retesting our key daily zone before buying*

asadalizz1997

After a breakout to the downside, or a fakeout if you will, price seems to have re-entered our daily zone where it has potential to move 160 pips above to test our descending trendline once again.

asadalizz1997

Rejection shown at support/double bottom meaning buyers taking control. Target is to the next daily zone 90 pips above.

asadalizz1997 Updated 

After last week's extremely bullish close, EURAUD managed to close back below our daily key zone presented by the red rectangle and also have a rejection of that zone with somewhat of a rejection candlestick on the daily chart. I will now be looking for shorts back down to the weekly zone with a potential of 300+ pips.

asadalizz1997

EURCHF has completed its third touch at current support. I will look for buys after price breaks out of the descending trendline with my take profit 160 pips above at 108.449 shown by the red zone.

asadalizz1997

AUDUSD has recently broke below the lowest daily zone/support. With it, throwing away any chances of buying this pair. With the weakening Aussie economy price will most likely test the bottom of the channel at 0.65000 before any chances of this pair moving up again.

asadalizz1997

GBPCAD is being squeezed below resistance and the ascending trendline in a rising triangle pattern where we should soon see price break below the ascending trendline and move below to the weekly zone in a move worth over 400 pips.

asadalizz1997

I will enter a trade on this pair only if price can reach our weekly resistance of 82.985 where if I see rejections on smaller time frames I will look to short approximately 110 pips to the support level (red zone)

asadalizz1997

AUDCAD is at a key support zone where it could potentially bounce from the triple bottom and reach 2 potential targets. TP1:0.90060 (130 pips, first blue arrow) TP2:0.91430 (260 pips, second blue arrow)

asadalizz1997

EURJPY is currently moving within a ascending channel where its testing the trendline along with the daily support zone where we could see a potential 300+ pip move to the top of the channel.

asadalizz1997

A simple bounce or break scenario where price could either move up 120 pips or break current support where we could look to sell to the next daily support/zone 200 pips below.

asadalizz1997

GBPAUD is creating a head & shoulders pattern where we could see price move down 200+ pips to the daily support and long term ascending trendline.

asadalizz1997

Massive potential in USDCAD for a long term drop of over 350 pips as it is currently testing a key longterm descending trendline and is simultaneously sitting below a key weekly resistance.