BryceAkwo

BryceAkwo

Price has broken below the descending channel and we see it also respecting the blue trendline as resistance , we also have a divergence at the top where the previous highs are so with all these confluences I am a bit confident that we may see price drop, my first target on this trade is 0.86231

BryceAkwo

Nasdaq has Come back into a previous support zone and has treated it as resistace also we see price deflecting off the upper diagonal channel, we could expet to see price roll down al the way to create lower lows

BryceAkwo

after being bearish for a while Egold has finally broken out of the desceding trendline and has also broken above the upward trendline and has come to retest it leaving a bullish hammer as a confirmation to more upside

BryceAkwo

Retest of previous lows, we could see the market following this channel for more downside

BryceAkwo

Update from previous post after looking at the charts again, I see price going against my previous sentiment, losses have been cut quickly and will be trading in the direction the market is giving me

BryceAkwo Updated 

CADCHF is hinting of more bearish action after a series of lower lows and lower highs we see price coming to test the 0.74822 price range as resistance after that price has been a played a vital support and resistance in the past, we can expect to see a bearish push lower on CADCHF.

BryceAkwo

Usdpy has given a huge bearish engulfing candle and has broken out of the retracement price also retested the previous lows on the H4 timeframe so we could expect more bearish pressure on USDJPY,to add more confluence the Dollar index is also bearish

BryceAkwo

We can see aussie yen giving us signs to complete a possible ABC pattern, with this we look to see more bearish momentum taking out the previous lows and creating lower lows as illutrated on the graph

BryceAkwo

i see further downside on egold for a further drop, following this chanel we can see price repespecting the diagonal support and resistance

BryceAkwo

From this point onwards we could expect a downward bearish push on Egold to futher complete an ABCD pattern

BryceAkwo

Expecting to see a drop on USDCAD , after making a decent rertracement from the previous lows to a new lower higher point and forminga huge bearish candle on the 1h signaling a bearish pressure incoming

BryceAkwo

Expecting bulls on gold after 3 touch confirmation

BryceAkwo

After giving us a strong reversal at 102.062. We saw a huge push to the upside in price and after that push we see price coming to the trendline for a minor retracement. At this point We can expect to see more upside on CADJPY with targets at TP 1 -104.514 and TP 2- 105.158

BryceAkwo

After price faked out at 0.76583 we saw a huge bullish push from that point onwards we also see an inverted head an shoulders pattern that formed giving us a hint of more bullish strength in store for CADCHF. We could expect to see Take profits at TP 1- 0.77991, TP 2- 0.78631 TP 3- 0.79462

BryceAkwo

GBPAUD is setting up for a possible sell based on the daily timeframe we see price giving us 3 touches on the daily trendline, whilst also failing to stay above 1.75673 on the 9-10th June and coming back to test that same line as resistance on the 14th of June giving us a hint of bearish pressure. We can expect to see possible take profits at TP 1-1.72721, TP 2-...

BryceAkwo

After giving us a perfect triple bottom we can expect to see a bit of a rally in price on EURCAD. With the first take profit at 1.35932 and the final TP at 1.36490

BryceAkwo

After a getting a huge rejection to the down side and leaving a long wick on the 7th of June. this gave us a lot of indication of exhaustion. We could expect to see a rally in price to the 1.50090 price level as a target

BryceAkwo

After breaking the weekly trendline we can expect to see a drop in price to the 0.87144 price range after a huge upside wick showing rejection.