Mission log : GBPJPY WEEKLY LOW
ETA : THIS WEEK
4h : Has to tap area of supply. Area of supply inline with daily resistance. retest on the structural trend area. Has to fulfil the weekly lows last week
Mission log : GOLD WEEKLY HIGH
ETA : Tonight
Explanation made via visuals , am anticipating an area of 1480 - 1485 for the price to consolidate ( sideway ) before we see an upside movement .
Gold has to tap $1600 to fulfil the worlds destiny LOL. Goodluck !
Gold has made new highs this week and has seen to went back to its original consolidation region. Had a bearish momentum as we can see on yesterdays candle and price is currently retesting area of resistance. Main target still remains at 1450 our weekly support level
Good morning from the other side of the world !
GBPUSD hourly :
Intraday setup in play. By looking at price action we can see that the current state of the pair is that it is currently consolidating at its shadow area . Notice that there is a mini ascending channel that is being respected . In motion with the above, price is also consolidating at a minor...
Perfect break out of the structural consolidation area. Retest on the break and retest on the EMA20. Looking for a downside target for this week of 1441-1440 area. Due to no news factor from USD on last Friday i strongly see heavy movements on any USD related pair. All USD pairs have been cross checked with DXY chart
Respecting the Hourly ascending channel , attempted to break it a bearish drive however failed to close below and close above the ascending trend line. Has significantly showed bullish drive on the previous high as it has broke the resistance giving it clear momentum and way for a rally . Has to take out the highs to see further climbs in the USD index.
EURUSD Hourly (midterm) :
Has been consolidating at a descending channel and rejecting that channel it self. In line the with hourly S&R area. anticipating price to tap the area of 1.10400 area once more to retest last weeks low . This pair would have to break the area of 1.11800 minor support to see further downside movement.
Price has tapped into the area of a minor monthly support . We can see that GBPCAD actually made an extension Can see that market has given us a intraday opportunity to 1.60800. more ideas and analysis will drop by later on the day !
BTCUSD H1 :
Holding strong on the ascending trendline. Price can be seen to be sitting below the ema20. Top region showing multiple rejections as price failed to make higher highs. am projecting BTCUSD to tap below to last weeks shadow area before making any further moves.
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GBPJPY H1 intraday :
Perfect descending pattern formed looking to break the structural support. Blue region is marked as the supply zone + minor resistance. Would patiently wait for price to come to my area as it is inline with the Descending channel. We are looking to break this low to be looking for 127.000 area. No signs of any bullish calls.
Hello everyone sorry for the long haul as we have been waiting for quality market setups. This week we have notice that Gold have made new highs and have broken its structure. On top of that also we can also see that it has broke the weekly Resistance and has not retested it. We may notice price failing to break or gain momentum on yesterdays high. I...
Gold H1 :
successfully tapped into our 3rd touch on the top resistance channel. Sell positions maybe placed. Risk to reward ratio is your number 1 priority. Please be advised if the market goes out of way by a couple of pips do not hesitate as it could just be a extension of the pattern. good luck !
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BTCUSD h4 :
Price has broke the 4H resistance market at $11000, and has pushed price higher to $12000, perfectly tapping into the area of the next resistance. We may see a slight pull back towards the area of $11000 before seeing a bullish momentum towards the target region of $13000 +++ as mentioned last week . It has failed to hold the area of $11000 hence we...
USDCAD Daily :
Market structure is showing ascending channel. With the last 3rd region to tap on the lower channel at the area of 1.29800 area which is perfectly inline with daily support. The most logical movement we may see for this pair is to see it chase towards the upside region of 1.45700 area. to retest the high of 2016. Alert for the area of 1.29800 as...
EURUSD Daily :
Chart is showing a clear descending channel, finding its lower 3rd area to tap and fulfill. Price has successfully broke the area of support and has retested that area and failed to go above indicating a valid break to the downside. first stop would be 1.09797 area. From that lower channel of support we may see a possible bounce back up or a pull...
GBPJPY Daily :
We can clearly observe a structure made on the daily time frame with a descending channel to the downside targeting the point of 127.200-127.00 area. That area is in line with the daily support as well. On this specific time frame we can see the overall movement as we have been seeing a downside rally since March. Please await for the price to tap...
Gold has tapped once again to 1450 region and has seen to struggle to break that area despite of of NFE news on Friday. Looking at the formation based on our chart, we could clearly see that gold can be seen making an 3 pattern tap and go channel. Most likely seeing price tapping once more at 1450 before breaking the mini structure and descending down...