Hi All, Following on from my previous analysis on this pair, with price retracing a good 50% of the long pips, we are now in the position to open our new long term positions on this pair, with a swing anticipation in mind. I tend to use CHFJPY to follow the flow of price action on this pair, as we are now in a top of the range on CHFJPY and my forecast for a...
Hi All, Updated analysis on this pair. Further studies shows we are still very much inside an rectangle range from Dec 2013 till Date April 2021. Price Broken this range only in 2014-2015 and ever since price has been stuck inside the range with Buyer and sellers battling out. I'm on the Bearish Camp and have been since Early 2021. If our forecast is accurate...
Hi All, We are adding our final sell position on this pair and making this our Final Analysis on this pair. 117.522 is acting as a strong weekly support! Once we break this expect price to complete the Head pattern of H&S and the right shoulder would stop at 117.522 which would act as resistance, if Price fails to fall deeper!. Many Thanks
Hi All, We are opening our short term sell position on this pair. This technical analysis is similar to the GBPUSD! We are selling the Bullish flag on D1 & W1, Hence the Short term sell, only a break of support and retest of the trendline could we see a further decline. As a principal we sell the top of the range on this occasion using TS. Entry and sl...
Hi All, We are in the anticipation to open a sell on GOLD. Whilst we understand price action is still bullish inside the channel , we expect a rejection from 1799 to complete the head of the H&S. Entry and Sl marked FYI. Likes and comments welcome. Many Thanks
Hi All, we are looking for sell opportunity on the CJ correction phase and not to be too aggressive we have to monitor price action on the monthly resistance level. Entry and sl marked. Many Thanks
Hi All, We are looking to open a short term buy on this pair, with a possible retracement towards previous high. Entry and Sl Marked. Many Thanks
Hi All, As you are aware last week we closed our buy position on this pair was we saw some bearish pressure affecting the dollar from a fundamental point of view. This week it seems like we should find some support on the dollar with bullish momentum for a short while. Technically price has failed to move lower which gives us a possible short term buy entry....
Hi All, We are now looking to sell this pair on a short term. The break and retest of the trendline looks valid for an entry inside the range. Entry and SL marked. Many Thanks
Hi All, We opening our continuation bearish trade on this pair. As you can see we are still very much inside the downtrend channel!. Entry and sL marked. Many Thanks
Hi All, We are looking to sell the M formation on this pair. This is a swing trade so, day traders should trade with trailing stops . Entry and Sl Marked. Many thanks
Hi All, We are opening our long position on this pair as the previous uptrend trendline was broken and now we have a retest of structure. Entry and SL marked. Many Thanks
Hi All , As you can see a perfect breakout of the triangle and retest. we should look to take the opportunity to buy. entry and sl marked. Many Thanks
Hi All, As you can see we have an H&S pattern on W1, With this pattern we should look to sell the right shoulder. Entry and Sl marked. Many Thanks
Hi All, We have a clear breakout from the triangle pattern. We will open our long position on this pair with entry and sl marked for your ref. Many Thanks
Hi All, This a bullish setup presenting itself on this pair. As you can see from the chart, Oil price influence the price action on this pair after breaking out of the bullish flag! . 1.48xxx is now acting as some support in some sort, so we can open our first buy entry without been too aggressive with a possibility of a long-term view hence the bigger SL. Day...
Hi All, Looking at this pair we have sell opportunity inside the a triangle pattern which can also be classed as incoming correction on the bullish trend. Entry and SL marked. Many Thanks
Hi All , We opening our buy positions on this pair. SL and Entry Marked. Many thanks