Hello fellow risk-takers!
GBPUSD is setting up an interesting idea. Although many may wish to be bearish on this pair, however, price is still adamant to extent its rally.
Sellers may proceed cautiously. Buyers may want to add more positions.
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
Hello fellow risk-takers!
A simple trade idea on USDJPY. Happy trading and take care!
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
It is more probable than not that GBPJPY will gravitate upwards.
Happy Trading & Take Care
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
Previously, I mentioned how the pair was bullish (temporarily) but bearish (in the long-term).
The bullish move seem to have ended. Buckle up for some plummeting.
Happy Trading & Take Care
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
Hello fellow risk-takers
Watch out and take care
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
CADJPY can expected to rally from next week. Demand is beginning to pile up on this pair
Happy Trading & Take Care
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
Hello fellow risk-takers.
CADCHF is caroming off a high-liquidity demand area and buyers will soon be in charge as they already are.
Happy Trading & Take Care
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
Hello fellow risk-takers.
EURAUD is still roaring bullishly and may be costly to those accounts currently holding sell positions. I'm currently only interested in selling this pair but at the moment I will sit on my hands and wait for buyers to exhaust their remaining momentum.
Those who are looking to buy, may want to do so now whilst price is set to resume...
Hello fellow risk-takers,
In the immediate preceding idea, which panned out perfectly, I mentioned how EURNZD is still very bullish but had to fall first to gather renewed momentum present at key support areas to break into new higher highs.
EURNZD has reached a VERY liquid support and ready to resume its rally. I expect the rally to be massive, immediate, and...
Hello fellow risk-takers,
The pair is EURNZD and buyers looks exhausted to penetrate key resistance levels in bid to form new higher highs (HH). Instead, what we see is the formation of lower highs (LH) indicating loss of bullish momentum AND impending sell-off. This sell-off is needed for bulls to gather new momentum needed to penetrate the price level 1.71240...
Hello fellow risk-takers!
An interesting idea is in the works on NZDUSD. The pair is, overall, still bearish despite the consolidation and the high-probability for bull-run.
My assessment concludes that the pair should heavily go down again but not before a deep bullish retracement could happen. In other words, to continue down, the pair needs a vital momentum...
Hello fellow risk-takers.
The pair is still bearish in my books and extremely so!
What is currently happening is retracement that is needed to propel price even further downwards. I expect this retracement to be deep and reach the shaded area of supply zone.
The probability is quite high for price to touch this area of supply & demand imbalance and then...
Hello fellow risk-takers
EURCAD has been in a consolidation for quite sometime and it might just be ready to breakout. I favor breakout to the upside based on the overall structure of the of the price action.
Happy Trading
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
Hello fellow risk-takers
GBPCAD's bias is bullish in my books. The red descending trendline is unreliable and prone for breakouts; I call these types of trendlines "even trendlines— i.e., AB = BC" and data shows that, more often than not, these trendlines break.
I am bullish on this pair, and already opened a long position on Thursday of last week. If this...
Hello fellow risk-takers
EURGBP is still bearish but is currently struggling to continue the bear momentum. The bears are exhausted at this point and needs a fresh or renewed momentum to continue going down; for this to happen, one of two things must happen, or both:
very bearish news,
or, most likely, a retracement to the upside as indicated on the...
Greetings fellow risk-takers!
The pair is GBPCHF, and buyers are getting exhausted around this strong resistance line. Two things are needed to break through this resistance: High-impact news or another bear run to collect momentum need to violate this resistance: the latter is likely.
It may be safe to ignore any buy opportunities at the moment until decisive...
Hello fellow risk-takers!
USDJPY is one pair on my radar. Looking at this pair, buyers aren't done yet. There is still a bullish momentum going on in this pair before we can call for shorts. At this point, I believe the bears are exhausted and are giving way for bulls to make a decisive rally upward which rally might happen this week.
Happy Trading
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*This...
