I don't have to spell it out. Pullback channel (reversal), in a down trend, impulsive candles down. That's enough for me to enter and rife it but because it's Friday I won't hold for long. Not a fan of holding trades over a weekend.
The charts never lie! I posted this trade alert in October 2022 with the massive Falling Wedge on the Weekly. It broke above the R20.35 and it showed the next strong resistance at R25.00. target will be R25.00. I called it a long term analysis but changing it to a MEDIUM term analysis because of how quickly it's accelerated. I guess we can only wait for the...
After the yesterday's pullback, EURGBP reached a wide horizontal zone of supply. 0.873 - 0.8765 is the area from where the next bearish move will most likely initiate. The next goal for the sellers will be 0.866 Because the underlined area is quite wide, look for an intraday confirmation before you sell. ❤️Please, support my work with like, thank you!❤️
• Despite hawkish message delivered by the BOE today, recent USD strength is putting pressure on the pound and all the majors • We have a couple of Dojis in the recent past sessions which showed a slowing bullish momentum followed by a big bearish candlestick today • Bears are testing the 20 SMA which has been supporting the prices for a while • While there is a...
You tell me. But the skill will get sharper and we will be better.
Hello,Traders! GBP-USD make a pullback From the strong horizontal Resistance of 1.2677 just As I predicted but now The pair is about to Retest a rising support And despite my bearish Bias I think that we will See a local bullish Rebound from the support Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hy team we are here to update about EURUSD. EURUSD is making Rising Wedge Pattern. Here we can see a good drop in price after this Wedge Breakout. Keep in touch we will update further soon
EURGBP formed a bullish harmonic abcd pattern on a daily. Approaching its completion point, the price bounced and broke a resistance line of a falling wedge pattern on 1H time frame. I expect a pullback to 0.871 / 0.8727 ❤️Please, support my work with like, thank you!❤️
Bullish Setup The next HH HL is the sinal of the Bullish Trend start Here’s the 4hr Elliott wave Chart from the 4/14/2022 New York update. In which, the rally to 1.6866 high ended 5 waves from the 2/10/2023 low in wave (1) & made a pullback in wave (2). The internals of that pullback unfolded as Elliott wave double three correction where wave W ended at...
I've been quiet in that I haven't posted in a while but I have been monitoring the charts. So now I would like to firstly apologise to myself for not committing and doubting the work needed to be done. Secondly, I would like to apologise to anyone that does follow me and gets any value from what I do. This is my current vision of what I see and where I believe...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDJPY. USDJPY is trying for a good bearish wave. In this bearish wave we can see Drop around 100 to 150Pips. Keep in touch we will update further soon.
Hy team hope you all are enjoying our ideas and analysis. Now we are here to update about EURJPY. EURJPY has completed the retesting. Now it has maximum Chances we can see a good drop in price. In this drop we can see a good Drop in price. We can see drop around 100 Pips. Keep in touch we will update further soon.
GBPNZD is trading in a bullish trend. After the price set a new higher high on a daily, it retraced to a rising trend line. Approaching that, the pair formed an inverted h&s pattern on 1H time frame. Its neckline was broken then. I expect a bullish continuation. Goals: 2.1045 / 2.02 ❤️Please, support my work with like, thank you!❤️
Hello traders i like to trade this currency pairs on a bigger time frame to catch massive pips .gbpjpy is setting for nice sell movement as you can see we have a confirmed trendline we mix it up with zone to have confluence this is a nice setup wait for 4 hr candle to close to confirm gbpjpy want to sell let me know what you think in the comment
Hello traders Gbpusd is in a key zone to break it to reverse from it so i tried to look what dxy is doing and it has high probable we might see higher prices that will result in lower prices on the pound as long as we wait the breakout it will show us the direction make sure to mark up your false zone when you are trading breakouts to identify eerily reversals
Hy team we are here to update about USDJPY. USDJPY has completed the retesting. Now this is trying to bounce. In this bounce it has maximum Chances we can see Price around 140 When market will open we will will update further with Proper Chart TP and SL.