Caught for next impulsive move. ThankYOu
we have a semicircle that I have shown with purple, if we go beyond the yellow line we sell automatic
as we can see, the surrounded green candle could have broken the vwap with a strong volume so we can now clearly buy
Trend Analysis: The GBPJPY currency pair on the 4 hours chart has been in an uptrend since 04 February 2020 when it registered the lowest price level of the period under study at 140.910. Since then, the currency pair has been successfully forming higher tops and higher bottoms. At time of writing, the GBPJPY is moving around 143.245 above the 20-period and...
Trend Analysis: The GBPAUD currency pair on the 4 hours chart has been in an uptrend since 23 December 2019 when it registered the lowest price level of the period under study at 1.86504. Since then, the currency pair has been successfully forming higher tops and higher bottoms. At time of writing, the GBPAUD is moving around 1.94164 below the 20-period and...
Trend Analysis: The EURCHF currency pair on the 4 hours chart has been in a downtrend since 13 December 2019 when it registered the highest price level of the period under study at 1.10317. Since then, the currency pair has been successfully forming lower bottoms and lower tops. At time of writing, the EURCHF is moving around 1.06239 below the 20-period and...
Trend Analysis: The EURJPY currency pair on the 4 hours chart has been in a downtrend since 07 January 2020 when it registered the highest price level of the period under study at 122.872. Since then, the currency pair has been successfully forming lower bottoms and lower tops. At time of writing, the EURJPY is moving around 119.911 below the 20-period and...
Since mid-October the GBPound has been gaining momentum against the JapenseYuan. Reaching a recent high of 147.900, the price point immediately reverted to retest the previous channel's top trend line near 141.500 (shown in orange). After a showing of strong support, the price point returned to its longstanding uptrend which started August 11th 2019 (shown in...
Long Buy Structure From : 119.373 - 119.450 TP1 : 119.885 TP2 : 120.200 Stop Loss : 119.130 This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the success of the structure or repetition. So please make your decision based...
Volume has been up ticking, price is on the rise , but it looks like PESI is around an area of resistance that it has seen twice in the last 21 months. Wondering if it can firmly lift and establish new support above this level. " Back on September 24, the company announced that it had reached an agreement to work on nuclear service projects. More importantly,...
CADJPY, bearish divergence formed for selling. price testing monthly resistance area march 2019 84.00-84.10. suspect fall reason seasonal strength expected in jpy pairs soon.