GBPUSD Short + Weekly: Last week candle closed bearish and closed below 1.1360. Ascending trendline also broken swinging momentum from bullish to bearish. + Daily: After 4 days of rejecting off 1.3200 monthly & forming 2 shooting strars price finally fell breaking through 1.3160 and closed below 1.3097. Moving averages have now crossed bearish. + 4hr: ...
USDJPY Long + Weekly: Last week closed as a engulfing candle breaking through multiple levels closing below 110.40 + broke outter trendline ascending trendline. + Daily: Price has now rejected off 109.66 & ascending trendline for 3rd time. Daily candle closed bullish breaking above 110.40. + 4hr: Price is now rejecting off 110.40 for retest. Head and...
EURUSD Short Update + Daily: Strong break below 1.1300 monthly to the downside. Moving averages have now crossed over bearish. + 4hr: New lows formed at 1.1250 with price now likely to pullback and retest 1.1300 before selling off down to 1.1188 for new bearish leg south. Private message me for link to my free telegram.
GBPUSD Neutral + Weekly: Last week candle closed as a hammer candle above 1.3200 monthly after a very long rejection. Pair still looks bullish. Moving averages bullish. + Daily: The long-term ascending trendline 4th bounce just occurred. Price tried to break 1.3225 but rejected for a 3rd day and closed as a possible shooting star. Price trapped in a...
EURUSD Short + Weekly: Last week candle closed as a shooting star below 1.1340 after huge rejection signalling bear strength to come. Moving averages also bearish. + Daily: Strong break below 1.1340 and is now at .1300 monthly with small rejection signalling bull pressure coming in. Moving averages havent crossed bearish yet. + 4hr: I do now expect...
GBPUSD Long - Monthly: Last month candle closed as a bullish hammer and closed above monthly level 1.3200. - Weekly: Price is in an uptrend with last week candle closing above 1.3200 as a bullish engulfing. - Daily: Price made new high at 1.3400 and has made way down to 1.3150 for higher low. - 4hr: Need price to drive back into 1.3150 support, (Price may...
EURUSD Short Thesis - On the weekly price is still in a strong bear trend with lower highs & lower lows. Price currently below 1.1360. - Price on daily is currently at 0.71 fib, 1.1360 & 4th bounce off descending trendline. - Expecting a strong descend from here down to 1.1150 as a long term target. - Right now 1st target for me is 1.1300 monthly.
USDJPY Long Thesis - On monthly timeframe the last 2 months candles closed as a hammer and bullish engulfing signalling bullish momentum. - 2weeks ago on weekly timeframe price broke through 111.03 with strong bull candle. - On daily timeframe there was a clean break of 111.44 & 111.50 weekly. - On the 4hr timeframe we can now enter long as price has...
GBPUSD Short Thesis - On the weekly price has rejected off 1.3200 monthly for a 4th week with last week candle closing as a bearish engulfing. - Double top on the weekly timeframe from here I do see price reaching monthly support 1.2800. - After making new low at 1.2960 price has now pulled back to 1.3268 & 0.79 Fibonacci level. - If this 1.3268 holds...
EURUSD Short Thesis - On the monthly February candle closed as a hammer candle, however pair looks very bearish with trend & moving averages. - On weekly previous candle closed as a bearish engulfing signalling bear strength to come, Moving averages bearish. - On daily clean break of 1.1234. - On 4hr price is forming low highs & low lows.1.1234 has been...
EURUSD Short Thesis - On the weekly last week candle made way up to 1.1406 and rejected off it closing below 1.1367 as a shooting star signalling bear strength. - 3rd bounce off descending trendline on daily timeframe. - Reversal is now on the cards with 2 shooting star candles forming at 1.1406. - Previous lows at 1.1321 have been taken out with a...
AUDUSD Short Thesis - On the weekly timeframe price tired to break through 0.7150 monthly but rejected off & closed below forming lower highs. - On the daily fridays candle closed as a shooting star breaking through 0.7105 signalling bear strength. - Both daily & weekly moving averages are bearish. - Now waiting for retest of 0.7105 & ascending trendline...
USDJPY Short Thesis - For a 2nd week price rejected off 110.82 on the weekly timeframe signalling bears entering the market. - On the daily tuesdays candle closed as a bearish engulfing candle breaking through 110.82. - On 4hr timeframe after break of 110.82 price took out previous lows starting bear trend. - Now waiting for pullback, If 111.03 holds...
EURUSD Long Thesis - On weekly timeframe last week candle closed as a hammer candle at 1.1300 monthly support. - 1.1347 had a clean break through and created a new high at 1.1398. - Moving averages are about to crossover to bullish. - After break of 1.1347 I do now expect price to pullback to retest 1.1347. - If 1.1347 level holds can enter long...
AUDUSD Long Thesis - On the weekly timeframe price is in uptrend from double bottom at 0.7050 weekly. - Although last weeks candle closed as spinning top the markets gapped to the upside upon open. - Price has come to a halt at 0.7180 and is struggling to break through because of descending trendline. - Before we think about continuing higher we need a...
[/image ] GBPUSD Long Thesis: - New higher low has been formed on weekly after 1.2800 monthly held and closed as a hammer candle. - On daily timeframe previous highs where taken out which was a bearish shooting star candle. - Candle broke through 1.2970 and closed above 1.3000 weekly signalling bull strength. - On the 4hr after break of 1.2970 now...
EURUSD Long Thesis: - On weekly timeframe last week candle closed as a hammer candle at 1.1300 monthly support. - Price has been stuck in a range for 16weeks. - Previous highs was taken out and new highs was formed after a clean break of 1.1320. - Now expecting a retest of 1.1320 for a 3rd bounce off ascending trendline before rally up to 1.1398. Active...
AUDUSD Long Thesis - On weekly timeframe previous low which was a hammer candle wasn't taken out so this pair is still bullish for me. - Price took out previous highs on daily and is now currently at 0.7150 monthly. - Price was able to close above 0.7120 signalling this pair could move higher to visit 0.7182. - If 0.7120 holds then price is expected to rally...