WicktatorFX

WicktatorFX Updated 

Gold is at a pivotal area which could determine the next big move for Gold. We are approaching the high value area where it would be ideal to take SHORT as there are multiple confluences, which back our reasons for going short. IF we do break the trendline, we can easily flip our bias to buys. See chart below for lower timeframe analysis for confirmation for...

WicktatorFX

We had a breakout of a descending wedge on the daily timeframe at the start of this year, which indicated that we are on the verge of a reversal from bearish to bullish . We could be making a double bottom before moving up. Safest thing to do is to monitor to the descending trendline and wait for a break. DXY is used to anticipate US dollar strength and is...

WicktatorFX

We had a breakout of a descending wedge on the daily timeframe at the start of this year, which indicated that we are on the verge of a reversal from bearish to bullish. We could be making a double bottom before moving up. Safest thing to do is to monitor to the descending trendline and wait for a break. DXY is used to anticipate US dollar strength and is...

WicktatorFX Updated 

From the chart, you can see that bitcoin has been creating multiple clear impulses and corrections. We might be in an ABC correction taking us down to the $42K area where we can look for the next impulse up taking us to $75K. The $42K also has major trend line confluence as well as previous key area AND 61.8% fibonacci! Multiple reasons why it would be the best...

WicktatorFX Updated 

From the chart, you can see that bitcoin has been creating multiple clear impulses and corrections. We might be in an ABC correction taking us down to the $42K area where we can look for the next impulse up taking us to $75K. The $42K also has major trend line confluence as well as previous key area AND 61.8% fibonacci! Multiple reasons why it would be the best...

WicktatorFX Updated 

EURNZD has been incredibly messy recently with the correction being very difficult to understand. The best way to trade a correction is to not trade it at all. Instead, we should try and understand the correction and anticipate the impulse phase where we can gain the most pips in the shortest period of time. We're anticipating NZD weakness across the board which...

WicktatorFX Updated 

EURNZD has been incredibly messy recently with the correction being very difficult to understand. The best way to trade a correction is to not trade it at all. Instead, we should try and understand the correction and anticipate the impulse phase where we can gain the most pips in the shortest period of time. We're anticipating NZD weakness across the board which...

WicktatorFX Updated 

Gold looks to be breaking right now but it's in the middle of nowhere at the moment. If we want to go for a high probability area, it would be the 1850-1860 region where we have the descending trendline swell as the 61.8 fibonacci. DXY and Gold are inversely correlated and DXY looks as if it has one more move down before moving up. See chart below. Goodluck and...

WicktatorFX Updated 

Gold looks to be breaking right now but it's in the middle of nowhere at the moment. If we want to go for a high probability area, it would be the 1850-1860 region where we have the descending trendline swell as the 61.8 fibonacci. DXY and Gold are inversely correlated and DXY looks as if it has one more move down before moving up. See chart below. Goodluck and...

WicktatorFX

This is just an overview of what price has done and where price may react. Will be looking to short if there's a trendline break as we're waiting for JPY strength. However, at the same time we are anticipating USD strength which makes this a bit tricky. Will be watching to see which currency manages to best the other! The key area to look for price action is...

WicktatorFX

This is just an overview of what price has done and where price may react. Will be looking to short if there's a trendline break as we're waiting for JPY strength. However, at the same time we are anticipating USD strength which makes this a bit tricky. Will be watching to see which currency manages to best the other! The key area to look for price action is...

WicktatorFX Updated 

USDCNH has been technically sound. Been following all the rules of technical patterns. As we're anticipating USD strength, we may see a push up for this pair. It looks to have reversed at the perfect place where it created a double bottom Please note that trading exotic pairs carries bigger risks than trading major pairs. Goodluck and trade safe!

WicktatorFX Updated 

USDCNH has been technically sound. Been following all the rules of technical patterns. As we're anticipating USD strength, we may see a push up for this pair. It looks to have reversed at the perfect place where it created a double bottom Please note that trading exotic pairs carries bigger risks than trading major pairs. Goodluck and trade safe!

WicktatorFX

You can see that the ascending correction we had recently is almost exactly the same as the one we had previously. Price broke down out of the correction and retested and made its way to the trendline for another move up. Could we get that this time round?

WicktatorFX

You can see that the ascending correction we had recently is almost exactly the same as the one we had previously. Price broke down out of the correction and retested and made its way to the trendline for another move up. Could we get that this time round?

WicktatorFX Updated 

AUDJPY broke out of the major ascending trendline but failed to break a significant level which is why this is a corrective break. After the break of trendline, we are now in an ABC correction and almost at the completion of wave C. See chart update for lower timeframe analysis. Goodluck and trade safe!

WicktatorFX Updated 

We are expecting JPY strength and CAD weakness this week, which would make this a really good trade! We are almost at the completion of the major ABC correction which will set us up nicely for another impulse down. Watch lower timeframe for confirmation. See below as to what confirmation we should look out for. Goodluck and trade safe!

WicktatorFX Updated 

We are expecting JPY strength and CAD weakness this week, which would make this a really good trade! We are almost at the completion of the major ABC correction which will set us up nicely for another impulse down. Watch lower timeframe for confirmation. See below as to what confirmation we should look out for. Goodluck and trade safe!