Good Day Everyone A look at the GBPJPY pair from the 4h chart looking for a breakout from the ascending triangle we've had a couple of fake-outs, looking to see if structure will hold or we'll see that volatility we've been waiting for on the pair... pending Oder, buy oders etc. just around 135.604 looking for a break above structure a break below the whole...
Good Day Everyone A look at the CHFJPY seems like we are currently confirming a reversal on the patterns the pair has been net long in the last couple of weeks last week we saw that breakout of an ascending channel and looks like we are currently on the verge of retesting that structure before confirming the reversal to the downside looking for shorts on the...
Price is really struggling to push higher and forming an ascending channel, with the corrective movement i really am expecting some downside momentum to kick in
Good Day Everyone Here's my idea on GOLD looking at it from the 4H chart but overall from multiple time-frames the metal remains net long for example on the monthly GOLD is respecting the Fibonacci extension currently rallying towards Fibonacci ext level 1.618 ( 1855.12 ) which is just below the all time high of resistance level 1926.49 could we see a rise or...
Good day everyone Here's a look at the USOIL which closed within the ascending structure, looking to see if the structure will hold in this coming week so will be looking for continuation signals to the upside. On the monthly we are currently trading at 61.8% Fibonacci retracement level with a strong bullish momentum the sentiment is still the same on the...
Hi Longs... If you did not see this, here it is. Rumor is, NIO has secured an additional $1.4 Billion in funding from 6 Chinese Banks. See link below China "WILL NOT" let NIO fail! cntechpost.com Also, I think today was a major breakout. Why? On September 4, 2018, NIO hit an all time high of $13.80 and today, the stock closed well above that price. With...
EURJPY - Channel Break & Retest! During the last 3 weeks, EURJPY has been moving in an ascending channel formation. Price has now broken this channel and retested a key level of previous support, now resistance. With this being said, I have entered a short trade with a great R:R of 1:5. If price can reach this area, it will result in +100 pips.
We have two scenarios for both buyers and sellers , we expecting upside movement to the anticipated double top area as shown on the on the chart and sellers to come in exactly on the double top or push a bit higher to test the anticipated 3rd touch for sellers to come. #GameOfProbabilities
NZDCAD has just broken the double top region from mid 2019 but price has broken correctively in the form of an ascending channel, with possible sells at the break of the channel with the first correction or at the third touch of the ascending channel!!!
We have some interesting moves in the works right now. Its either time for a Reversal of the Daily ascending channel (currently near support), or the continue of the long upwards battle. For the breakout reversal to occur, price has to go under support levels of 9190 - 9150. Price is currently test 1HR Resistance, so this will be great trading action in either...
Good Day Everyone Here's a look at USDJPY, the pair broke out of a ascending channel pushed up a bit still overbought on most indicators so possibly could still push up a bit or maybe to retest the structure then continuation to the downside look for short opportunities on the pair.. Good luck and happy trading...
Good Day Everyone Here's an idea on the GBPJPY pair, the pair is currently trading in a ascending triangle within a bigger ascending channel on the 4H chart the ascending triangle could be a signal for continuation on the pair. looking for continuation to the upside and for the ascending channel to hold and continuation with the bulls. Good luck and happy...
Stocks are going to be green on Monday considering SPX-500 is so strong and closed above major resistance creating a breakout. Survive the weekend scam wicks & chill out. Staring at price action for 10 hours won't make your TP's come faster, enjoy your weekend.
Ascending channel successfully breakdown and now price doing some retracemnet for the downside movement. Keep watch correctyion and SELL. ThankYoU
MSFT reports earnings on July 22, and has been on a strong bull run since the crash in March. It recently broke out of its rising channel, and has now tested the upper line of the channel as a new support. It should continue to bounce off of the new support as it draws closer to earnings. Earnings are expected to be good as tech is booming and more and more people...
Good Day Everyone Here's an idea on the EURCAD pair looking at it from the 4H chart, the pair is currently trading in a pennant formation which might be signalling continuation to the base of the ascending channel but looking at the fundamental of both currencies looking for the EUR to gain some traction against the CAD but it could go either way so the signal...
Good Day Everyone here's a look at the EURJPY pair the just broke out of a descending channel pushed up the came down to retest structure looks like the bulls are in play at the moment pushing the pair up. looking for continuation to the upside on the pair a significant move to the upside and a shift in momentum in this regard would be a trigger of the signal...