KaisMarket

KaisMarket

Gold has had some nice plays with the first proper day of normal trading due to the festive period. Still in this rising wedge currently and we have just rejected the upper trend line. Now would be a good point to sell due to minimum risk and a healthy reward. Targets are shown on the fib but i will close at 1803 or a bottom trend line touch unless we breakout...

KaisMarket

AUDUSD making some jokes huh? I see your inverse Head and Shoulders, now i raise you a Head and Shoulders haha. On a serious note we may see a test of the neckline on the inverse head and shoulders

KaisMarket

GBPJPY still has more down to go. currently we are in a corrective phase. I have highlighted a candle of interest where i look to add to sells. As we can tell we see a large wick up showing nice rejection to buyers. This would be a nice place to sell on a bounce of the trend line. A smaller time frame target would be 154.5 zone but more down would be around the 151.0 area

KaisMarket

Looking as NAS100 we have a breakout of the wedge which hasnt completed its up push and is finding support. Within the wedge we also have a reversal patter an inverse head and shoulder. Both patterns indicate a bullish move but we shall see. Targeting 11278 area for my TP minimum risk with a good risk reward ratio so seems to be worth a shot

KaisMarket Updated 

We can see the chart to the left is on the weekly time frame just plainly showing the trend. Now we have had a breakout we can see on the daily timeframe a clean re-test and we look to buy now as we have stayed above the mental zone of 1.50000. Nice clean rejection should give us a new move up with a great risk reward ratio. The target lines up with the .50% fib retrace

KaisMarket Updated 

Looking at the reversal pattern that is well in play we now have a continuation pattern (bear flag) which hints at more down to come. waiting to see if we can get a breakout of this flag before selling

KaisMarket Updated 

AUDJPY looking like its in full melt down mode for JAN I think. We have had the main major trend broken and cleanly tested. Next support is a long way off bear are in control here.

KaisMarket

We saw EURAUD making this aggressive push to the upside. currently we are stuck in this channel which is forming a bull flag. Now a bullflag if a "continuation pattern" key word in there. Our entry would be on the breakout of the top channel line to test previous resistance. Price may fall into the highlighted demand zone which is where the most volume is for this session

KaisMarket

NAS100 as we can see has a falling wedge pattern which we have broken out of and re-tested. I anticipate a bullish move this week the target of 11400 area

KaisMarket

Looking at USDJPY I see only two options for this week ahead. We can either double bottom here where it reversed last and test the channel again or we continue down in the Channel and find support at the lower Channel trend line. - watch out for reject and double bottom here -if no rejection buy setup on the lower channel but also sell set up if we turn support...

KaisMarket

GBPCHF currently stuck within this falling wedge of the lower timeframe. Looking like we are about to start a wave 5 down and this is why. -BXY(£) Has formed a reversal Head and shoulders pattern which is testing the neckline so we could see the £ fall -Wave 4/5 if correct - previous resistance and key pivot point to short - Long set up almost ready down at the...

KaisMarket

USDCAD has formed a reversal inverse head and shoulders pattern. We can see the down trend that was oppressing USDCAD has finally been broken and the current price has rejected up off of the new uptrend as highlighted. Price just now has a good risk reward ratio for entries so Is worth an entry when we see volume return soon. if not we can enter on the break of...

KaisMarket

NZDCAD currently in this descending channel. Price is at a key highlighted point where we have had previous support. Price has already tested a break of this point but we do have a down side wick to be filled and no support has been tested in this price range hence my target. We have a good RISK REWARD entry here by using the channel

KaisMarket

There is no rush to jump into sells we haven't missed much! We should look to sell on the break of the lower wedge trend line. If possible we could get a better positional sell on the upper wedge tend if price visits here however the rejection @ 1824 seems unlikely to break to me as the very large volume in buyers still failed to break this resistance

KaisMarket

Great risk/reward ratio. Reversal pattern broken and retested. Looking to fill imbalance and test previous support Currently entered on a buy and will close small positions on the way up

KaisMarket

NZDUSD as w see has set a reversal pattern and is currently breaking out of neckline. We are sitting on our hands and watching for the breakout or rejection. Preferably a breakout where we can enter sells to the shown target. NZDUSD reversal indicates DXY strength to come

KaisMarket

Looking for the main uptrend that has maintained for a while now to be tested. - Bear flag -continuation pattern which is the key word here, more down!\ - Key price rejection

KaisMarket

Looking like a test of the previous bottom price is in order @ 133.800 area. - price has slowed since meeting top side channel resistance. - Smaller TF reversal H&S pattern -Key price rejection