FXMandalorian

FXMandalorian Updated 

AUDUSD is set to commence on a bearish market run based on the below fundamental and technical analysis. Fundamental Analysis: -China's negative trade policy on Australia products coal wine among others and accusations of dumping -Australia Covid 19 lockdown -According to COT Commitment of traders report, Dealers have taken short positions and changed form...

FXMandalorian Updated 

Bitcoin on the 4H chart shows a formation of a bearish pennant. The current fake bullish rally is about to face exhaustion and will trap long retail traders. This will cause the price to fall further and in the process complete a Bearish Cup and Handle formation. Bitcoin price will tumble to a low of 15,900. Brace yourselves. Note: 1. A bearish pennant is...

FXMandalorian

Gold has broken the upper channel of the bullish flag. Fundamental Analysis: Disappointing Employment report will support Gold up Federal Reserve to maintain its ultra-loose monetary policies. Of Concern low demand for Gold Technical Analysis: Profit taking resulted in the pullback after breaking the Bullish Flag channel. Formation of bullish flag and break to...

FXMandalorian Updated 

Flag formation and buy idea

FXMandalorian Updated 

A rising bearish wedge formation can be seen from bitcoins price movement. This suggest bullish trend exhaustion. Expect a bear movement from 25th April going into May and bullish from Mid May going into June. Rising wedges are one of the strongest price action pattern indicators. Bitcoin appears not to have enough buyers to push the price beyond 63k.

FXMandalorian Updated 

Be guided by drawn lines.

FXMandalorian

EURAUD Go long after price breaks resistance of the upper channel. Bullish flag formation in place.

FXMandalorian

Bitcoin idea

FXMandalorian Updated 

the 4hr and 5hr chart show a bearish rising wedge chart pattern formation indicating bullish fatigue and low volume to push BTC over 60k. This will result in correction to 45k and formation of a bullish flag via channels to higher highs. Its presumed that when btc corrects to 45k more retail traders and investors will take up positions and will push it to a new of...

FXMandalorian

On the H4 there is a rising wedge signaling a bearish future setup.