isthatjm1

isthatjm1

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isthatjm1

BUY if it breaks through and closes with strong bullish candles above the second grey area.

isthatjm1

Potential Buy if it breaks resistance shown as grey area with strong bullish pressure

isthatjm1

Sell

isthatjm1 Updated 

Long

isthatjm1 Updated 

Gold is currently in an upwards trend and should continue to follow the trend until it hits my resistance zone as illustrated, once it hits my zone, price should come back down or a correction could potentially occur. (XAUUSD is currently portraying higher highs and has no sign of a retracement so far). What does everyone else think ?

isthatjm1

USDCAD has potential to reach the purple box as illustrated on my charts but only if it keeps going in downwards trend and two strong bearish candles eventually close underneath my 50 period moving average. What does everyone else think ?

isthatjm1

GBPCAD has pøtential to reach a high in the purple box as illustrated as it is currently in an upwards trend, it is also above both my 50 period and 20 period moving averages indicating that a long signal is relatively likely to occur, however if two strong bearish candles are next there is a possibility for it to retrace and become a downwards trend or for a...

isthatjm1 Updated 

It is currently in an upwards trend and could potentially continue to purple zone as long as next candle is bullish and closes above the previous bearish candle at 12:30, its also currently above both my 50 period and 20 period moving averages, if not it could potentially retrace to my support level or break through that level. *trend could retrace or correct...

isthatjm1

GBPCAD has potential to reach the high as illustrated but only if the next daily candle closes as strong bullish candle with minimal seller resistance. What does everyone else think ?

isthatjm1 Updated 

US30USD has potential to reach the purple zone if these conditions are met; If it breaks through my two upper resistance levels with a strong bullish upwards trend and if price is showing a strong bullish trend above my 50 period moving average as illustrated on my charts. However it could also potentially retrace or become a downwards trend if it doesn't...

isthatjm1

The trend for USDCAD is currently not clear, I'm refraining from trading it until it reaches either one of my support or resistance levels again as the markets are relatively indecisive at these hours.

isthatjm1

Candles didn't break through my resistance as previously illustrated so down trend will continue towards my resistance, could potentially break through again or retrace and a new trend could start. *UPDATE FROM PREVIOUS ANALYSIS* What does everyone else think?

isthatjm1

If the next candle is a bullish candle that opens and closes above my resistance at 134.403, then the upwards trend could potentially continue until my purple as illustrated on my charts. However it the candles close under my resistance it could potentially become a correction and continue or the trend could potentially change direction. ( heads and shoulders...

isthatjm1

USDCAD previous down trend has ended, potential uptrend can occur if it breaks through my resistance levels as illustrated on the diagram until reaches high at the purple rectangle. *note* - uptrend could also become a correction if the market doesn't break through my resistance levels but could retrace back to original direction and then continue as an...

isthatjm1

EURUSD has potential to reach high as illustrated in the purple zone overlapping top section of my fibonacci retracement, once zone is hit there is potential for a correction of a downwards trend. What does everyone else think ?

isthatjm1

USDCAD market is currently in a downwards trend and could continue to be in one unless unexpected news event occurs or if it hits my resistance at 1.40724 or potentially my resistance at 1.40126 ( it still could potentially go down if it hits my resistance at 1.40724 ). What does everyone else think ?

isthatjm1

BUY TREND, could potentially break through my resistance and reach initial target or Sell if it hits my resistance at 133.251