from the 4hr stand point i cna see maybe a future " w " also known as the double bottom formation happening on GBPCHF. with the pound gaining some weakness we could either expect maybe a continuation on the sell trend or finally some healing to the pound.
Looking Bitcoin from the 1hr time frame. we can see a rejection at a current support level 10816.56. if price respects the level as it is we could expect a retracement to the resistance and maybe a continuation to the downside or price could break through support and head towards support level 10207.14
Simple chart analysis on CAD/JPY on the 4 hr time frame. Double top formation A.K.A ''M"' formation on at a resistance level. could be expecting a strong move to the downside later on this week
strong rejection at resistance zone. A double top formation at the resistance zone as well showing that price can't break pass that level. we should expecting in the next few candles full momentum to the down side. maybe one more touch at the levle for a triple top to confirm full reversal.
Another simple analysis on GER30 4 hour time. as you can see on the chart with a rejection at resistance level i am seeing a double top formation or a small head and shoulders formation happening on the chart. could be expecting a down side shift to the current support level.
Another simple analysis coming to you guys on CAD/SGD 4 hour time frame. As you can see the small double top/''M'' formation on the 4hr showing there is a strong resistance to the up side. also to the area circled at the top a couple candle rejections at resistance level 1.04125. My opinion/prediction is the double top formation will be a continuation of the...
Another simple analysis coming to you guys on USDZAR. Price showing resistance to what was once previous support. as you can see the wick that touched the zone indicating price respecting it as resistance in the 4hr Time Frame. What we could be expecting is a nice reversal candle on the 4hr and then strong momentum to the downside following right after
Here we have on GBP/AUD is a Head and Shoulders formation happening on the 4hr Time Frame. what we could expect to happen is the completion of the last shoulder and then a full candle to the down side to a support zone o have marked up
As you can see on the 4hr time frame. could be expecting a buy opportunity to happen on the retest of the previous resistance level to son later buy up to the next resistance level
Simple analysis on GBPJPY. Break and Retest on the 4hr time Frame to a relevant support on the 4hr time frame. expecting price to bouce off support retest trend line and continue to fall starting the long term downtrend.
Price on NZDUSD after its forever fall reached a previous support. a possible reversal. I'm in a long position to a predicted target before maybe a continuous fall. this long might continue on to next week with a small retrace. any criticism is good to help better my trading. Thank you
double top formation on the 1hr time frame for GBPCHF at resistance zone. if price closes under that zone i would expect a reversal candle to appear and price following after that. any critcism is fine to help improve my trading. thank you all
price as started to sell for a short. this would be a retracement entry off the 1hr with the boilinger band and the ichumok clould. strateg taught to me by the guys over at FXcapitol. shout out to them boys @jackpotpmg and @pmgzo
