Hamza-Malik

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Hamza-Malik

hi there i hope u guys are all fine. Let it show confirmation of upside then wait for price to retrace for nice longer-term buy watch out closely this will be a home run trade if you catch it

Hamza-Malik

gbpjpy is on bigger timeframe is in the correction phase when we see a four-hour channel it's more like a pullback rather than an uptrend. short term up move is possible but big move is to the down side as we are already in the mid of bigger correction

Hamza-Malik

USCAD it will be a good trade if it shows some bullish momentum to the upside. wait for some bullish rally before jump in it will be a good risk to reward trade.

Hamza-Malik

on a daily it look like silver will go back to the previous high of this channel but it is too soon to guess if this current move which will go to top or either its possible for it to retest the low before it goes i think i will go down one more before it can go.

Hamza-Malik

on daily chart eurgbp is in a correction overhaul im guess if the pullback which it did will be a nice trade for potential long opportunities all the way to the previous top as mentioned on the chart until then plan your trades and trade your plans.

Hamza-Malik

eurusd is at the bottom of pattern i will not surprised to see one more more upward to make a bigger correction on daily chart i am expected from market to make bigger side way move or bigger range markets.

Hamza-Malik

i m looking for one more move down to atleast to previous weekly lows beacuse its made a noce bid correction i will wait for it to make a nice daily or at least four hour flag them im interested in to sell lower let see how its goes.

Hamza-Malik

Please have a look at this new buying opportunity is developing it too soon to tell its direction because the pattern is not completed yet. but long term it's a confirm buy let this pattern completes its selves.

Hamza-Malik

2nd entry to sell if you are not in the sell already its your chance to sell it again with good price.

Hamza-Malik

best opportunity for my trading rules only look for buy on this pair

Hamza-Malik

if price broke aggressively then I am interested to buy otherwise I need a nice big retracement to green box to buy at best price.

Hamza-Malik

a nice sell we can have if price broke below the support level

Hamza-Malik

gold is a very very critical level of indecision it is also possible for gold to retest the 1600 level before going upward.

Hamza-Malik

a nice sell setup is ready for usdjpy to sell this pair but because about the target don't shoot for longer targets because of USD strength

Hamza-Malik

gold is now moving bullish because of fed decision to stabilize the economy

Hamza-Malik

I will be very likely to see a retest nice move down to previous lows.

Hamza-Malik

as we see significant strength on GBP pair all around and Eur is week as pair to GBP we may have a nice long trade on this area look for your conformations criteria for a long entry . will update you soon on this pair again Enjoy............ :)

Hamza-Malik Updated 

GBPUSD, as we see, is in 1 and 4-hour consolidation currently we are at the bottom of the range I nice pin bar or a bullish engulfing candle at the bottom we can enter to trade it up to the ceiling of the range. if price break and close below the range line the trade is invalid for me. Hope you guys can a nice move there.