Usdjpy has been pushing up and has failed to make a higher high thus halting the uptrend it was in.....there is also a lot of bearish divergence from the beginning of the uptrend...im going short with a sl above the recent high...plz share your analysis of usdjpy it would be much appreciated. :)
Gbjpy has made a very strong push up but the market is exhausted....as mentioned in my previous posts I strongly believe it will drop back to the support zone. From there however I don't think there will be further bearish pressure and we can start buying again and it will hopefully bounce up higher than this bullish impulse move.
Price is currently below a strong support line. if price closes above the line I am expecting a bullish response and if it closes below im expecting a bearish move. There is slight bearish divergence present.
AudUsd 1h chart bearish scenario. im expecting a drop back to the support level …. wait for bearish breakout and retest. Plus Bearish Divergence is present.
GbpUsd has made a strong push up and is in a phase of consolidation. I strongly fell the market will reverse from here... and anyways I don't think the situation in Britain in regards to this Covid-19 is getting any better so it might be a good idea to hold long term gbp sells
Update on my Eurgbp post plz close now its close enough to the tp :)
GbpJpy has made a strong push up but has lost its bullish momentum and has reached a strong resistance zone + the 50% fib retracement level. Im expecting a push down to the recent low and possibly a down trend continuation. Trail profits.
Xauusd has made a sharp move down...can we see a continued down trend after a retracement? let me know what u think, share your analysis in the comments
BTCUSD is at a structural resistance level and doesn't look like it will break it....im expecting it to drop to the recent support with a good sl level just above the resistance zone.
Usdcad is now retesting a previous support level (resistance) and im expecting a fall to the first green line (tp1) I will close hold my lots and hold the rest to tp 2 and 3
EURGBP nice rejection on weekly/monthly resistance eurgbp seems to have lost its bullish momentum and im looking to sell now.....it should fall to the near support levels in my opinion.
Ive been watching cadchf and its looking like its making a triangle pattern.....im going to go long but I want yall to think...will it breakout and be bullish or bearish? plz follow proper risk management. Dotted lines Blue : entry Green : tp Red : sl
Gold 1h timeframe analysis The range and Important levels to look out for have been identified. watch out for gap
EURNZD 1h tf analysis …...im looking to go short soon I see a nice rejection but I will not enter immediately, watch out for market gap
Gbpjpy has made a strong push up and im expecting a retracement/push down to the recent support....please not it might not reach the target zone so it is important to follow proper risk management and trailing profits.
eurusd has pushed up a lot recently and the market looks exhausted...im expecting it to fall back to the original support line and possibly further down it has also taken a strong resistance zone and the 50% fib retracement level. there is also huge bearish divergence.
Im looking to short UsdChf as I strongly feel it has broken the strong support lines and will now start reversing down. I have no tp as of now just trail profits sl is a bit tight but u can enter small lots and just trail if u want.
usdjpy bearish breakout : im waiting for a retest so I can enter a sell.....I see this as a possible reversal markets r very volatile plz let u me know your ideas