Guissoul

Guissoul

Gold is currently trending bearish. A strong resistance level has been identified with the possibility of Gold to continue bearish. FOMC later in the day might play a huge role in the behaviour of Gold.

Guissoul

AudChf has been trending bearish within a daily channel. It has reached a level of a daily resistance. H4 shows a bullish channel that might break. Possible continuation to the downside is possible given the overall structure of the market towards the strong support where liquidity lies.

Guissoul

Major support level broken due to fundamentals that favoured sells. Bearish momentum has been created and a retest of this broken support (now resistance) will give possibilities to sell should selling confluences appear. Overall EudUsd has been trending bearish giving an extra confluence to sell.

Guissoul

AudJpy is currently ranging on the daily. Possible sells are underway should it fail to break the resistance.

Guissoul

CadJpy broke a major resistance zone. HHs and HLs suggests the market is bullish. Given the current bullish momentum on the H4 could lead the market heading up. A retest of the current support level with rejection candles and other confluences would give an opportunity to buy.

Guissoul

EurAud is currently trending bearish in a daily channel. With a resistance level on the daily identified, possible rejections is expected to occur around there.

Guissoul

An opportunity for GbpUsd sells as explained on the chart. Waiting for further confirmations for entries

Guissoul

An update on the previous GbpAud ideas posted yesterday. Now the price is retesting the broken support for sells. Furter confirmations will lead to a selling signal for a 1:3 R:R.

Guissoul

AudUsd is currently bearish. Support has been broken and turned into a resistance. With the bearish momentum currently in play, a retest of the identified resistance with other confluences would give an opportunity to sell.

Guissoul

The overall trend on the H4 is currently bearish. Bullish moment is formed due to NFP which favoured the USD. A strong resistance is formed where price could head to and react to. For buys, the H4 candle needs to break cleanly for this pair to continue bullish. But rejections around this area would give indications that it might continue bearish. I'm looking...

Guissoul

GBPAUD fails to break the resistance to continue bullish. It's safe to say GBPAUD is ranging. Waiting for a bearish momentum to break the previous support/low would give an opportunity to sell given that selling signal occurs.

Guissoul

2 trading opportunities. 1). Price currently broke a minor bearish structure, waiting for a retest before upward move is projected. 2) Overall market structure is bearish; price might head up a bit before experiencing bearish pressure and eventually continues the overall bearish structure. This remains a waiting game

Guissoul

An overall bullish flag has formed. Price might head down before continuing bullish. Opportunities for sells are expected before price head back up again.

Guissoul

Price has respected the trendline with signs of bullish pressure. A head and shoulders pattern has formed with opportunity of the market to head upwards as shown.

Guissoul

HTF bullish structure has been broken, looking for a new directional movement. Few confirmations for sells are expected to happen before we could see the market heading down. One scenario is that we could see the market rejecting on the marked area and head down. And off course the market might break and continue heading up. This could be a nice trade to take as...

Guissoul

As it stands, a minor bullish structure within the consolidation area has been broken. The market has reached a very strong resistance zone with signs of failure to break to the upside. Sells have been triggered and a potential drop to the next zone and potential further drop to continue with the bearish overall trend might be underway.

Guissoul

A very interesting structure with so many trading opportunities. A potential head and shoulders pattern is forming. The minor bearish Trendline has been broken and the market is at a potential neckline of the head and shoulders pattern, more confirms on the neckline will give a chance to sell. A formation of the right shoulder at a support level with more...

Guissoul

The price has broken a minor bullish correction with the opportunity to see it continue further down. A possible bearish head and shoulders pattern is underway with the right shoulder forming a bearing continuous pattern. The price can either touch the top trendline of the bearish continuous structure and reject or it breaks and continue going up. The price can...