SIMPLE EASY TO UNDERSTAND TRIPLE TOP PREVIOUS LEVEL OF SUPPORT 15M TIME FRAME 50EMA BREAKUP
GBPJPY We talk about impulse pairs and how to trade them with 0 drawdown in the advanced system which is coming out very soon! Wick and risk free trading effectively, lets see if this holds without bottoming out again.
Gold H1 - Saw a heavy gold selloff yesterday after rejecting that double top resistance. Caused a break of trendline and a support break too. A potential retest of resistance at 1953.00 could see us gear up for a possible second wave downside.
Welcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on GBPUSD, if you any questions on the pair let me know in the comment section below. As we can all see the pair has provided some great moves this week and I have highlighted some areas in the chart that you can all look at and find value in. Once the pair gives us a...
GBPUSD H1 - That big 1.30 handle is back in sight, seen some big GBP corrections today, GBPJPY also nearing resistance level. Could see some rejections from this price level.
GBPJPY H1 - Here is the analysis update for GJ too. Eyes peeled for those rejections.
Rejected nicely of the .5 fib this morning for a bullish movement. Liquidity pool on the upside with an order block. Smart money trapping sellers into a buy before a dump. Looking for 3pm reversal and rejection off key levels. RR3
GOLD H4 - Huge dump at the trendline resistance, dumped circa 200 pips down to the next S/R zone, could be a region where we start to gear up for a second attempt to break the descending structure/resistance.
I have broken down and highlighted the reason I am looking for a possible long trade to the upside. Everyone inside of the Alpha community I will notify you when we should get in this possible trade. I would suggest keeping this pair in your watchlist to see if your own rules are met. If you take a trade from the analysis leave a comment in the section...
GBPUSD H1 - Another H1 chart here for a GBP pair. If we can push up again to test 1.29 possibly, that could warrant a good rejection to see us back down to the previous low region again and then possibly beyond.
EURJPY H4 - Seen a little lift here on EURJPY, bounced from support initially, not sure how much mileage this has, but we need to break that sequence on lower highs shown from between 10th and current date.
Looking at my chart analysis we can see a new trend beginning to start on audchf which is a downtrend could be a good sell potential.