WicktatorFX

WicktatorFX Updated 

CADJPY has approached a really good area to look for shorts. We need things to line up on the lower timeframe before we jump into this trade. See chart below for lower timeframe. Goodluck and trade safe!

WicktatorFX

This pair has been on our radar for a while now. Initially we thought that the bigger timeframe parallel channel would create resistance causing CHFJPY to fall down. In hindsight, we should have been focusing on the lower timeframe patterns to tell us what price will do next. If we look at the patterns in this current timeframe, we can see that we had various...

WicktatorFX

This pair has been on our radar for a while now. Initially we thought that the bigger timeframe parallel channel would create resistance causing CHFJPY to fall down. In hindsight, we should have been focusing on the lower timeframe patterns to tell us what price will do next. If we look at the patterns in this current timeframe, we can see that we had various...

WicktatorFX Updated 

We have been focusing on JPY for a while now and after the spike last week, we may be seeing a reversal finally happening. GBPJPY appears to be in the perfect place to reverse (see bigger timeframe chart below). For confirmation, will wait for a break of the ascending correction. Good luck and trade safe!

WicktatorFX Updated 

We have been focusing on JPY for a while now and after the spike last week, we may be seeing a reversal finally happening. GBPJPY appears to be in the perfect place to reverse (see bigger timeframe chart below). For confirmation, will wait for a break of the ascending correction. Good luck and trade safe!

WicktatorFX

In our last Bitcoin analysis, we were anticipating a drop from the $56K region. We got more than we bargained for as price plummeted almost 50%! That big impulse caused structural changes to Bitcoin. We were seeing a series of higher highs and higher lows until early May when we got a lower high (May 8th - $59,600) followers by a lower low (May 19th - $30K)....

WicktatorFX

In our last Bitcoin analysis, we were anticipating a drop from the $56K region. We got more than we bargained for as price plummeted almost 50%! That big impulse caused structural changes to Bitcoin. We were seeing a series of higher highs and higher lows until early May when we got a lower high (May 8th - $59,600) followers by a lower low (May 19th - $30K)....

WicktatorFX

The last time we analysed USDCHF was at the very top where we got a break of the ascending correction, followed by a massive 400+ pip drop to where we are now. Price looks to be in a falling descending wedge , which is also approaching a key structure. Watching for buying pressure near the structure to get in early OR a break of the wedge for a safe entry.

WicktatorFX

The last time we analysed USDCHF was at the very top where we got a break of the ascending correction, followed by a massive 400+ pip drop to where we are now. Price looks to be in a falling descending wedge, which is also approaching a key structure. Watching for buying pressure near the structure to get in early OR a break of the wedge for a safe...

WicktatorFX Updated 

We were anticipating a bullish run for EURNZD but the NZD news event caused EURNZD to come down and almost retest the major ascending trendline. There was a bear flag just before structure was broken, which can be seen on the lower timeframe (See chart update below) Will be waiting for buying pressure to confirm that EURNZD is still in a bull run and then find...

WicktatorFX Updated 

We were anticipating a bullish run for EURNZD but the NZD news event caused EURNZD to come down and almost retest the major ascending trendline. There was a bear flag just before structure was broken, which can be seen on the lower timeframe (See chart update below) Will be waiting for buying pressure to confirm that EURNZD is still in a bull run and then find...

WicktatorFX Updated 

Recently we had a break out of the descending wedge after getting a higher low. The breakout failed to break a significant level (94.6) level which is why this was a corrective break set up. As it was a corrective break, we saw a deeper complex correction. Deeper correction: Price is currently testing the higher significant low (indicated on the chart), which...

WicktatorFX Updated 

Recently we had a break out of the descending wedge after getting a higher low. The breakout failed to break a significant level (94.6) level which is why this was a corrective break set up. As it was a corrective break, we saw a deeper complex correction. Deeper correction: Price is currently testing the higher significant low (indicated on the chart), which...

WicktatorFX Updated 

The last time we analysed AUDUSD, we thought it was making an impulsive break but turns out it was a corrective break which is why we are in an ascending parallel correction at the moment. Within that correction, we can see a head and shoulder pattern (see chart below) which often forms at the end of a trend, signalling that a trend reversal may be taking place....

WicktatorFX Updated 

The last time we analysed AUDUSD, we thought it was making an impulsive break but turns out it was a corrective break which is why we are in an ascending parallel correction at the moment. Within that correction, we can see a head and shoulder pattern (see chart below) which often forms at the end of a trend, signalling that a trend reversal may be taking place....

WicktatorFX Updated 

Following our last NZDUSD analysis which was posted last month, we got a messy breakdown but we had our entry right at the top. The next entry would be after a break of the 0.71 level followed by a retest or a bear flag. It is possible that we can move up once more. See lower timeframe chart below. Goodluck and trade safe!

WicktatorFX Updated 

Following our last NZDUSD analysis which was posted last month, we got a messy breakdown but we had our entry right at the top. The next entry would be after a break of the 0.71 level followed by a retest or a bear flag. It is possible that we can move up once more. See lower timeframe chart below. Goodluck and trade safe!

WicktatorFX

GBPUSD created a double top perfectly. The way we got there was with an ending diagonal within an ascending wedge, which all means reversal! Look for bear flags on the 4H and 1H and get in with stops above the correction. Like this idea for updates throughout the week. Goodluck and trade safe!