TheFxChartist_

TheFxChartist_

Hi traders Here we have our breakdown of the 4hr XauUsd chart. (Gold) We can see price has been trading within the range of this ascending channel for quite some time and we have been anticipating the break out of this ascending trend for some time. We are expecting further bullish momentum for the US Dollar and continued talk and action around interest...

TheFxChartist_

Hi traders Please see our analysis above on GBPUSD where we are expecting to see further bearish momentum. Note we are cautious that we may see a deeper pull back however as we are only risking 1% per trade we are happy to take that risk given the risk to reward for this set up. If this entry fails we will get the deeper correction for an even higher risk...

TheFxChartist_

Hi traders Please see our full breakdown of GBPAUD. We are expecting a bearish reversal here and we have a few trigger points that will allow us to get into the trade nicely and with the correct risk management. I am not dead set on one target zone but will react to how price behaves at the target zones laid out. Don't expect a break of the major daily...

TheFxChartist_

Hi Traders Please see our breakdown on EURUSD. Throughout last week we see a fairly sizable rally across the board for all EURO currency pairs. We can clearly see we have reached a level that has acted as a major supply zone previously and we expect to see the same again. Price is clearly still creating our base to gather enough volume to pull price...

TheFxChartist_ Updated 

Hi Traders Please see our analysis above on GBPJPY. Price has broken our ascending correction and retested our structure and we are now looking for some a nice impulsive move to the downside. Let me know in the comments below your thoughts on this trade. Trade Safely! The Fx Chartist

TheFxChartist_ Updated 

Hi traders Please see our analysis on AUDJPY. We can see a nice Elliot Wave followed by the ascending correction. Price has since broken this ascending correction and we expect to see the next impulsive wave. This trade is not triggered and live. Let me know your thoughts on this trade in the comments below. Trade Safely! The Fx Chartist

TheFxChartist_ Updated 

Hi traders As promised, I have updated my analysis on XAU/USD. I have linked the previous post below where we had a losing trade on gold. Post analysis we can see that we draw the conclusion that in our previous post Leg C of this ABC move was not complete yet. We have hit structure, but we could still move a little higher into the ascending trend or even...

TheFxChartist_ Updated 

Hi Traders We have seen some bearish mometum developing on Eur / Usd last week and we want to see this continue on through into next week. We will be anticipating a break of this bearish flag to confirm the bias where we will then begin looking for shorting opportunities on the 4 hour and 1 hour time frames. Now in the event this flag does not break...

TheFxChartist_ Updated 

Hi Traders Please see our analysis on Aud/Usd. In our previous post we predicted this move up into a key Fibonacci level before seeing a rejection to the downside. As price came into our first level we take a risk on trade which is now running risk free. Previously analysis is linked below so you can see this prediction. We are now waiting on more...

TheFxChartist_

Hi Traders I hope you have managed to get a little down time in over the weekend and are refreshed and ready to go for another week in the markets, lets have a profitable week! Here we have an ascending triangle on the weekly time frame. Now the reason we are not sure if the market will break out to the upside or downside is normally we see this pattern...

TheFxChartist_

Hi Traders In this post we have broken down the most recent price action on Nzd/Cad. I want you to look at this post carefully and really spot all the critical signs that you could have used to get in on the corrections and the next stages of the reversals. On this pair we are currently still in an impulsive phase and we are waiting on seeing a sign of...

TheFxChartist_

Hi traders Hope you are having a profitable week. Please see this beautiful Elliot wave scenario we are anticipating. We are coming to the end of the impulsive wave 3 and we are expecting to see a retracement which will form wave 4. For this set up up we will need to see price retrace to at least one of key Fibonacci levels and then show exhaustion and...

TheFxChartist_

Hi traders! Introduction - I was reading a few articles around risk management, the psychology off a successful trader & common mistakes traders who fail make. I stumbled across a concept which I thought resonated with me and made me really think about my psychology towards risk management and I thought I would share it with you. I hope this is just as...

TheFxChartist_

Hi traders Please see our long term expectation for Eur / Usd. I will be looking for shorting opportunities on this pair on the daily & 4 hour timeframes. Let me know what you think of this breakdown and if your analysis aligns with mine. As always, trade safely. The Fx Chartist

TheFxChartist_ Updated 

Hi Traders Hope your week is off to a flying start. The chart above we have broken down or opinion on the next leg off Gold. We are expecting a bearish move to the downside breaking through the ascending ABC correction. We will then look at market conditions again once we hit major resistance where price have rebound from in the past. The message I hope...

TheFxChartist_

Hi traders Please see our above analysis on BTC/USD. We previously analyzed bitcoin on 20/11/21 and predicted the bearish momentum perfectly down to the 40k handle. I have linked this below. We are currently in the process off completing a full breakdown off bitcoin and will publish in the coming days. Be sure to hit the follow button to receive a...

TheFxChartist_ Updated 

Have a look at our technical levels for bitcoin. Whats your projections bitcoin for the future? Let me know in the comments bellow!! The Fx Chartist