The continuation of bearish pressures appears to be emphasized at the AU$1.89150/1.89550 area. Since late August 2021, it can be observed that price continue to reject this area as buyers find it difficult to push prices further. Following a continued rejection of AU$1.8950 which also makes a confluence at exactly 61.8% retracement of prior bearish momentum and...
It took a whole 3 months for the price to move over 17,000 pips in our direction since my last publication on this pair (see link below for reference purposes); that is approximately 83.7% growth in 3months! And following the sudden loss of $10,000 during last week trading session (7th of Sept 2021 to be precise), the price has remained untypically stable with...
It's over 300pips move in our direction since my last publication on this pair (see link below for reference purposes) and the appearance of a Double Top pattern is leaving me with no choice but to look out for Bearish momentum in the coming week(s). There is high hope for the Greenback in the nearest future as the focus remains on the Fed tapering timeline ...
The price dipped over 200pips in our direction since the last speculation before the rally began (see link below for reference purposes) and following an emphatic downward spiral that lasted 3 weeks, it appears we are at a juncture in the market that suggests that price is on the verge to reverse. Tendency: Uptrend (Bullish) Structure: Breakout |...
Price reverse from support area and create double bottom. currently price is still correction. find a buy setup once price break this correction to get the next impulse
Neckline has just been break up 😎 so buy now 💯 Keep holding the buy 🥶 Bullish candlestick just fom Great buy 😎
On the daily time frame we can see price retesting resistance area and created bearish candle however, we need some consolidation after break trendline to make sure this bearish movement. sell on break consolidation area will be the best choice
Even though we held on to a 400pips move in our direction since my last publication on this pair; a sudden breakdown of Channel and Trendline coupled with the appearance of a Head & Shoulder pattern (see previous publication in the link below for reference purposes) insinuates a bearish momentum is imminent. Further consolidation amidst a mixed outlook remains the...
CHR breaking the neckline currently Retesting support we could pump! Entry possible 0.4710-0.4740 6% Pump maybe next 12 hours
It is over 250pips move in our direction since my last publication (see link below for reference purposes) and the appearance of a strong reversal pattern (Double Bottom) at this juncture in the market suggest a trend reversal is unfolding as price continue to find higher-high since hitting a bottom @ $1.36000 a couple of times. The British pound spiked a bit on...
It is over 200pips move in our direction since my last publication on this pair (see link below for reference purposes - the positive outcome from this speculation is indeed interesting as one of my client did not believe in our sell position hence he closed the trade😄and lost the opportunity to recover his account ) and it appears that we have milked the Bearish...
The price formed 2 harmonic patterns in the support area. In this complete pattern, there are several Fibonacci levels that coincide with the support area. So that it is possible to become a cluster as an area reversal. If the price stays above this level, it will go to 38.2 and 61.8 level as default targets for the harmonic pattern
A Breakout of channel negated my speculation on this pair as price continued to find new highs (see link below for reference purposes) and the appearance of a Double Top structure at this juncture in the market insinuates a risk of further decline if price successful breakdown Neckline @ AU$1.87800. Positive development unfolding as the Reserve Bank of Australia...
With over 60pips move in our direction since my last publication, the character of price action during the course of last week trading session appears to have shed more light on the direction that the majority are heading as price broke and closed below our previous key level @ $1.39850. As multiple rejections of our previous neckline @ $1.39400 (see link below...
With a break-even position on this pair and considering the appearance of a Double top structure, I suspect that price is going through a correction phase in anticipation of a rally in the coming week hence an opportunity to take a quick trade in the opposite direction of my last speculation arises (see link below for reference purposes). Tendency: ...
Since my last publication on this pair (see link below for reference purposes; the price has moved a little above 50pips in our direction as we witnessed a transition into a consolidation phase which also explains the doubt/indecision in the market in the last 3 weeks. Despite observing multiple rejections from the $0.69200 area in the last week, I suspect that...
It has been a while since I looked at this pair from a long term perspective but the temptation in the present contraction in the market can not be resisted as I identify a trading opportunity building up for an explosion! The British pound rallied from the Demand zone during the course of the last two weeks but since the 9th of July 2021, I have noticed that the...
We are yet to take a position since price action negates the Bearish expectation projected in my last publication on this pair (see link below for reference purposes) as price broke out of the Bearish trendline to find a new high. The current structure appears to have clues that support selling opportunities as the price is at a zone that has accumulated bearish...