joshuasiloam

joshuasiloam

From the view if the BTCUSD chart on a 4H , There is a tendency for price to fall below the current price of 51749 to about 47109 and probably further to 43091. The current support level on fib retracement extension is currently holding at 50263, if broken we might encounter 47109. If prices rises from the support level, we push to 54693 and further. I advice to...

joshuasiloam

After a long rest from the bullish rally, it may seem as though the movement wants to continue up north. Price is anticipated to break through 1983.39 resistance level and retest it to support the success of the bullish rally. Buy= 1983.39 Stop loss= 1910.72 TP= infinite. Wait and take proper risk . Like, share and leave comments below.

joshuasiloam Updated 

This analysis was concluded on a DAILY time frame, lower timeframe shows consolidations but we have possible TRIPLE TOP here and most likely sell off to hit the trendline below again, alot of consolidation on lower timeframes. Sell limit= 1.80930 TP= 1.73116 Take your risk and confirm with your analysis.

joshuasiloam

State your bias, although rally might continue.

joshuasiloam

An inverted head and shoulder is formed, anticipating a bullish rally. Entry 1.18359 SL 1.17130 TP 1.20359 In case the price action invalidate the pattern formed above, then it might rally south to test that point as indicated. Find your best entry here. Drop your comment, let's share views...wink

joshuasiloam

Congratulations to you my friends that traded GBPCHF last week with me, it hit my target accurately. Today is EURUSD, a bullish flag is formed presently and better viewed on a daily time frame. I anticipate price action to rally north again beginning from tomorrow . Price to break through the resistance level @1.12625 to test the first fib ext level 1, then if...

joshuasiloam

In my last post, i anticipated price going bearish but went bullish to retest the same resistance and couldn't break through again eventually. Immediately after A BEARISH ENGULFING CANDLE was formed and now eventually tested the trend line ... There is another opportunity forming to go short. Sell limit is advisable just after the price breaks the 1.17622 to...

joshuasiloam

Looking at the chart on a H4 time frame, There is a support level holding at 1.8399, Which helped in forming a descending triangle indicating that price can either be bullish or go bear. The price broke to the down side and has just recently retraced back to the support level now turning to a resistance. Price has been bearish progressively in the...