alphalicious

alphalicious

It appears that GBP/JPY is in a very interesting situation. From one perspective, price is approaching both major resistance and a major trendline which signals a potential bearish entry. However, in a different perspective, price now has the opportunity to have a major bullish breakout being that bearish price action has weakened throughout the months and no...

alphalicious

Could it be possible that if the U.S. isn't able to raise the "Debt Ceiling" and potentially enters into a Recession because it defaults on its debt, AUD/USD would drop dramatically? Keep your eyes open for this Thursday and weeks to come! Ex: The 2008 Financial Crisis What do you think? Let me know in the comments! :) Disclaimer: I am NOT a financial...

alphalicious

Hello everyone, it appears that USDCAD is reversing into the upside and potentially heading toward . If that's the case it'll hit the Fibonacci Retracement "Golden Zone". After a huge sell-off, it's possible that USDCAD is now correcting itself which means there could be many potential buying entries coming up! What do you think? Do you agree or disagree with...

alphalicious

Time Frame: MONTHLY Possible Trade: SELL Quick Technical Analysis: Possible strong Bearish Reversal coming up? GBPUSD seems to be in a significant Area of Resistance compared to price levels of March 2018. The Area of Support from 2009-2016 has now transformed into an Area of Resistance which, if respected, could signal a possible Bearish Reversal. GBPUSD has...

alphalicious

Time Frame: MONTHLY Possible Trade: SELL Quick Technical Analysis: Hmm... possible strong Bearish Reversal coming up? GBPUSD seems to be in a significant Area of Resistance compared to price levels of March 2018. The Area of Support from 2009-2016 has now transformed into an Area of Resistance which, if respected, could signal a possible Bearish Reversal. GBPUSD...

alphalicious Updated 

Hello everyone! The British Pound has now hit an extremely important resistance zone at 1.25000. We're currently seeing a reversal starting to form but we need to wait for further weakening of the GBP in order to confirm a true bearish reversal. So how are we going to do for our upcoming move? Well, we need to look at our current situation. We currently have...

alphalicious Updated 

Hello Traders! Hopefully you took advantage of that beautiful bullish movement that we forecasted last time. Now, we are in a VERY important zone! We are possibly looking at a huge bearish momentum coming up. The chart is clearly forming a Head-and-Shoulder pattern and seems to be respecting it. You can clearly see this pattern in a 4H and Daily timeframe. Now,...

alphalicious Updated 

Hello Traders! Hopefully you took advantage of the HUGE movement that I forecasted yesterday! GBP/USD is respecting the "Head and Shoulders" pattern which means we're going to see big opportunities to make big money. For now, we might have a possible reversal to the upside as prices have reached close to a key area around 1.22235. Markets might continue downward...

alphalicious Updated 

Hello Traders! Considering the current status of COVID-19 and the upcoming UK Claimant Count Change (Unemployment Claims) that will be released in a few hours (Around 1 a.m. Central Time), we could expect to see a downward movement of the GBP. If unemployment rates are worse than expected, we can take this opportunity to make a profit by selling the British Pound....

alphalicious Updated 

AUG/USD is approaching a very significant Resistance Zone. This indicates a possible Strong Bullish Reversal. Keep a lookout! I don't personally trade these but I did notice a possible setup for major pips! What's your opinion? Let me know in the comments! Much love, - ALPHALICIOUS Disclaimer: This is my personal opinion of the current market. I am not...

alphalicious

GOLD is approaching a possible Strong Bearish Reversal. GOLD is inside of a Strong Resistance Zone/Double Top and RSI/Bollinger Bands are indicating an Over Bought Market. Using Fibonacci Retracement, I would place a take profit between the "Golden Zone" (0.50 and 0.618), then I would place Stop Loss right above the previous Resistance Zone. What do you think...

alphalicious

USD/JPY is heading for a possible Bullish Reversal soon. USD/JPY is heading towards a Strong Resistance Zone and Bollinger Bands along with RSI are approaching close to an Over-Sold Market. Lookout for a possible Reversal! What do you think about my idea? Do you agree or disagree? Let me know in the comments! Much love, - ALPHALICIOUS Disclaimer: This is my...

alphalicious

GBP/USD possible approaching Strong Bearish Reversal. Bollinger Bands and RSI are indicating a soon-to-be Over Bought Market. GBP/USD is also approaching a very significant Resistance Zone. Be on the lookout for a possible Bearish Reversal! What's your opinion on GBP/USD? Do you agree or disagree? Let me know in the comments! Much love, -...

alphalicious

Hello Traders! USD/CHF could experience a very strong Bullish Reversal. Bollinger Bands and RSI are approaching an Over Sold Market and USD/CHF is approaching an important Resistance Zone. Look out for a strong Bullish Reversal! Do you agree or disagree? Let me know in the comments! Much love, - ALPHALICIOUS Disclaimer: This is my personal opinion of the...

alphalicious

Hello Traders! EUR/USD might be heading towards a strong bearish reversal very soon. Bollinger Bands and RSI both indicate an Over Bought Market and we are now approaching a significant Resistance Zone. That's three different confirmations. Keep a lookout for a reversal happening soon! What's your opinion on EUR/USD? Do you agree or do you have a different...