RandyFuego

RandyFuego

The price of the Euro has been fighting to break to the upside with little luck. The supply is heavier than the demand despite the Euro's attempts to recover value against other currencies. After failing to settle new highs against the NZD, we can expect the EUR to drop back down to support before we can see demand rise again. This Idea can be better viewed on...

RandyFuego

The price of the Aussie dollar is currently on a uptrend against the US dollar. A heads and shoulders pattern has been formed on the 4 hours chart, indicating a possible continuation to the upside. We should expect a breakout of the neckline indicating a change of character, combined with bullish momentum to confirm the pattern. The targets of this trade are as...

RandyFuego Updated 

The price of Solana has been consolidating on the 4H chart, forming a triangle. Price has broken out of the triangle possibly indicating bullish momentum. TP - 1 - 14.32 TP - 2 - 15.00 TP - 3 - 16.07 S/L - 13.08

RandyFuego Updated 

The price of Bitcoin has broken out of the range, creating an uptrend. We have now created a bullish flag which was followed by bullish momentum. As further support of this theory, the price of bitcoin have retested the breakout area at around $17250, creating an opportunity to buy. TP - 1 - 17572.88 TP - 2 - 17974.72 Stop trade at - 16882.19

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The price of the dollar has been on a downtrend, showing signs of further downtrend continuation. We could find a good entry for a short once a breakout of the yellow trend line is confirmed. A breakout of the channel to the upside would indicate a change of character, invalidating the idea. TP 1 - 133.633 TP 2 - 131.907 Stop trade at - 138.500

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The price of the Euro has been on a steep decline of -3.11% on the 4H chart for the last week. We're expecting to see a short recovery back to resistance levels at 1.10 where strong sell pressure could resume and push the price back down. Take profit targets { #1 - 1.10 #2 - 1.11 (if price break out of resistance levels) } Bearish retracement targets { #1 -...

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Looking at the 1 Day chart, CRO spiked to the $0.97 price mark following a historical token burn. What followed after the token burn was a price decline of -66.06% on the price, back to the demand area, where bullish investors benefited from a much lower entry at $0.32. Since its decline, selling pressure has remained, the price of CRO has been trading within...

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We've had a strong bounce off the demand area at $12.98 (0), with a weekly engulfing candle marking the bottom. This is a great indicator of a potential reversal. Taking in count that the downtrend structure is a falling wedge, we can expect a retest of the upper trendline at $28.68 (1) followed by a price drop back down to the demand zone at $16.03 (2). After...

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Support and resistance, Shown on the chart.

RandyFuego Updated 

GBPJPY Simple analysis. GBPJPY struggled to break weekly Supply, therefore it has been deflected twice, creating a nice double top around 137.617. We expect heavy volumes of sells Below 137.617 and 135.573. Wait for a breakout below 135.573 which is also the double top's neckline before a safe short down to 133.498.

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We've reached a double bottom on the USDJPY! . As many of you traders with pattern knowledge know, a double bottom is a very likely price reversal. Even though we're looking at the daily chart, this will reflect on the lower time frames, we're you'll find the chance to hop in at the time that suits you best. There's potential of hitting 109.907 before going...

RandyFuego

We will see an increase of over 7.48% in gold in the following days after market opening next week. Gold made a strong base around 1922.79 and it has now slammed the bottom of the trend-line confirming that we've touched the very bottom. we're expecting to see a solid bullish run towards 2068.95 to retest previous levels and possibly break above. Good luck and...

RandyFuego

EURUSD keeps gaining ground against the Dollar, just as it's being shown on the chart, We've got a breakout and price settled above the breakout line. This could be a great opportunity to long EURUSD on market opening as It will retest higher levels before any significant bearish movement can be seen.

RandyFuego Updated 

We could see the Cable recover against the Kiwi starting from next week. The currency has found itself on a downward trend for some time now, we could potentially bounce up from here as price has found a bottom on the daily chart. Daily Targets -> TP 1 > 2.00192 TP 2 > 2.02113 TP 3 > 2.04069

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Very simple.. EURNZD has been bouncing up and down the same channel for a while now. Looking back, we can see how price chose to stay within the same range for quite some time now and we believe it'll stay like it until further notice. We've got a W pattern forming to the upside. Entries will be provided on the caption. Feel free to Comment and like if you agree.

RandyFuego

We've reached a key level resistance on the EURUSD chart. a channel up its indicating that we need a retracement so we do expect the EURUSD to make a retracement around 1.09917 area just as shown on the chart. SL - 1.12020 ENTRY BELOW - 1.11469 TP - 1.09917 Feel free to comment and ask questions. Like if you agree with the idea.

RandyFuego Updated 

As shown on the chart, we've got a breakout and now a confirmation. green candles indicates the reversal confirmation.

RandyFuego

As shown on the charts,we're due a bullish reversal on the EURNZD. a falling wedge indicates our entry point on the 1H chart.