Amanjuri

Amanjuri Updated 

Wonderful reversal coming along in the EURUSD chart, although this will be largely dependent on developments in the UKs Brexit discussions. This is very inconvenient to the success of this trade, as the results are binary in nature. The H&S patterns are high probability trades with an optimal Risk:Reward. Seeing the EURUSD chart, this trade may generate 2%+ while...

Amanjuri Updated 

In looking at the XAUUSD using multi-time frames (mostly weekly and daily) this longer-term trade is built on the basis of greater uncertainty in the near future. As the VIX bottoms out and begins its ascent, traders are bracing for increasing volatility in the months up until the US elections. This, coupled with seasonality factors attributed to rising XAUUSD...

Amanjuri Updated 

A rarely noticed chart pattern has formed on the Weekly S&P 500 Index called the Megaphone or Broadening Triangle, among other names. This pattern formation isn't the usual consolidation and continuation we are accustomed to, this one only happens at the end of long-term market rally's. This pattern depicts a period of great uncertainty where markets reach new...