We finally came to the end of 2020. I have been forecasting for big bearish move for several weeks, will 2021 finally start to favor the bear?? This is a hard question to answer, however one thing that I know is from the technical standpoint it says so,.. and it will be a MASSIVE one. In addition, this year we will finally end the brexit story as 2021 mark the end...
Over the last few weeks, GBPUSD correctively and slowly move to the upside while approaching the sell area of TF structure. In addition, it the process, it also form a reversal Rising Wedge Pattern.
Yesterday, finally, GBPUSD gor rejected impulsively from the high value area (top of multi TF structure) that I have marked from a long time.
Now, the price is...
After moving in choppy manner over the last few weeks, GBPJPY correctively and slowly move to the upside while approaching the sell area of TF structure. Now, it finally looks convincing again...
Yesterday, finally, GBPJPY gor rejected impulsively from the high value area (Inflection point / double top) I have marked from a long time.
Now, the price is forming...
2020 finally prove to be the time for USD Bear,.. I have been forecasting for a trend change to bullish for several weeks now, but rarely get a proper entry trigger and the price just continue to slowly trickle to the downside especially in this last 2 month that is quite choppy in my view. Will 2021 finally start to favor the bear?? This is a hard question to...
2020 finally prove to be the time for NZD bull,.. I have been forecasting for a trend change to bearish for several weeks now, but rarely get a proper entry trigger and the price just continue to slowly trickle to the upside especially in this last 2 month that is quite choppy in my view. Will 2021 finally start to favor the bear?? This is a hard question to...
2020 finally prove to be the time for AUDUSD bull,.. I have been forecasting for a trend change to bearish for several weeks, will 2021 finally start to favor the bear?? This is a hard question to answer, however one thing that I know is from the technical standpoint it says so,.. and it will be a MASSIVE one.
This chart that I show is just a portion of a multi...
EURJPY right now is in a interesting area. It has reach the top area in daily TF that got touched at 1st September high (daily inflection point). Whats more interesting is the price got rejected impulsively as soon as it touched the area.
In lower TF,now the price is looking like forming a possibly bearish flag structure. If this this corrective structure...
I have been bearish on NZD pairs since quite long. However, every time we got rejected the pairs quickly came back up to since this pair has a good correlation with US stock and seems like the FED won’t give up keep pumping it.
Eventhough, I still prefer to trade based on technical view and ignore all the fundamental distraction. I have complete faith that sooner...
AUDUSD has reach the top of HTF structure with structural approach (expanding structure) on multi LTF structure.
Its signalling a weakness in how the price reach this area and giving signal for a turn to the downside, at least for short term. Meanwhile, I still hold on to my AUD long term bearish view,..
I set a sell order here with 20 pips sl at 0.76100. Lets...
We have seen massive greenback weakness this year but I’m expecting that to end soon. USDCHF is the best USD realated pair right now with the clearest structure in my opinion. This pair has reach the bottom of HTF corrective descending structure, while forming another perfect descending structure in the LTF. The area that the price sits now is really unreal.
I’m...
As per my analysis before,.. If you follow my analysis from the beginning, maybe you know I’m a long term bear on all this NZD pairs... So Far, this still looking good. NZDCAD has make its 1st impulsive move to the downside lat week. After that,.. I see a decrease in the momentum and i exitmy position at the bottom. After that this pairs continue to move sideways...
GBPNZD sit at the bottom of HTF Falling Wedge pattern right now and it got a little rejected.
I’m expecting this little rejection to continue for a while before forming a bullish continuation pattern. A break from this bullish continuation pattern will be enough to confirm the upcoming bullish move and will trigger my buy entry.
Lets see how will this pair...
The market hasn't over so many opportunities at the moment a that is worth to trade in my opinion. Lately, .. the market has just gone very corrective that has last for several weeks startingin early Novermber. Nevertheless, AUDNZD pair is still something to keep our eyes on, in my opinion.
This pair has reach the daily double bottom area (inflection point) while...
After waiting for seeral weeks, finally now GBPUSD start to looks more promising. Its now has reach the double top area of HTF structure while forming a Rising wedge in the process.
The price is now rejected from the double top area and top of rising wedge structure. Its now starting to form what appear to look like a bearish continuation flag on H1 TF. If the...
Like my forecast before, I’m still waiting for a short opportunity on NZDCAD. After waiting for a several weeks, the short opportunity haven’t present it self to us. Now,.. Looks like it finally ready.
NZDCAD is on the top area of HTF structure while forming an ascending channel while approaching this area. Now, the price has broken back below the ascending...
This pair is at the top of H4 TF Rising Wedge Structure. While reaching this top area, it form another corrective rising wedge structure in H1 TF.
Its now breaking below the Risin wedge in H1, and forming bearich continuation flag pattern. I enter short entry on this pair on the break of the flag, with sl above tha flag, targetting to at least to the bottom area...
NZDUSD has been moving up in a very corrective manner over the last several weeks. Its no secret that from the beginning, when this pair reach the top rea of daily ascending-channel structure, I’ve always been looking for a sell setup.
However, this pair never give me the confirmation to trigger a short entry, instead it keeps moving up inch by inch with little /...
GBPCAD now is at the top of H4 pennant structure. Whats interesting here, is it reach this area with structural approach while forming multi TF ascending channel structure. Its usually signaling for a turn to the downside from this area targeting up to the bottom of the pennant structure.
I’ve already set my sell entry with sl above the pennant structure...
