jeremyankamah161

jeremyankamah161 Updated 

Evident downward channel with a break in the counter trend. Now to continue respecting this downward channel, we might be looking at some bull run to any where between 0.68600 to 0.68800

jeremyankamah161 Updated 

On the over trend a downward trend a counter upward channel. The biggest BUT here would be for price to break above 140.000. Then the bias is likely to change. but Im looking for this to form a head and shoulders below 140.000. When this happens we can ride the price to the zone around 138.000. **price has to stay below 140.000**

jeremyankamah161

As we can see that price has rejected 1.47000 three times and broken an upward trend, retesting the the back end of 1.46250, which is a quarter level. If price breaks below our blue zone, we will be in sells to the area at 1.44000. let me know what you think.

jeremyankamah161

we have a downward channel in a downward trend. Price could have some rejection at 1.17500 and then rocket down to 1.15000. However, looking at the fib, price has the freedom to rally to the zone around 1.1800 before making a reversal to the downside. We can start by targeting 1.1600 and then depending on market reaction, we will take it to 1.1500 or otherwise.

jeremyankamah161

On an intraday hourly time frame, we have an upward structure broken. Which means there's a change in character with the trend. This is followed by a flag pennant closing in. Now if we are able to break below 136.650 with a good bearish candle, Price is getting back t0 136.000. Not to rule out the fact that we could face a rejection at 136.650. but I am sell...

jeremyankamah161 Updated 

On the daily, we can see a good resistance forming at 138.00, right on the bodies. We will be looking for shorts if we have some wicks thrown at that level followed by a strong bearish momentum. We could potentially sell to 135.00. 200 pip plus. However, if there's a break above, depending on the momentum, the story will be different. we could then be looking for...

jeremyankamah161

USDCAD has had some bullish momentum for a while. Price might try to relax and retrace back to 1.29500 before having an impulse to 1.30400 zone. We will be taking usdcad zone by zone until all our targets have been smashed. let me know what you think about this.

jeremyankamah161

Clean downward channel forms. We do have a lot of wick rejections through 0.87000 on the daily. Case 1- We are expecting a break in counter trend with a good or strong bearish candle or confirmation. Once there is a break in trend and price breaking through 0.86000. We will be looking for long term shorts. Case 2- An inverted head a shoulder is being formed. A...

jeremyankamah161

On the daily, we have a nice downward trend. Going down to a lower timeframe, I realized it formed a reasonable ranging/consolidation pattern that was tradable (Not all ranging patterns should be ignored). Price will definitely want to react at 1.14000. SO Will be expecting a change in direction after price hitting 1.14000. However, Price could finally break out...

jeremyankamah161

On the daily TF, We have a downward trend. On intraday trading level, we can tell that using the fib levels, price is currently in a correction mode till a zone around 1820.00 to 1825.00 or possibly 1840 before Melting down back to the zone around 1720.00. This will take a couple of weeks to play out. *On an intraday level, we could be riding a quick buy to...

jeremyankamah161

Forming a downtrend, I am looking for price to currently break below 0.92500 which will give us the confluence we need to sell to a target zone around 0.91000. * I would look for a break and retest in lower timeframes with strong bearish prints.

jeremyankamah161

downward channel being created, we have a bullish engulfing being created at 0.67000 which is a reversal due to the bullish momentum that followed. Looking at a price to break past 0.68500 and then a final target @0.70000 or 0.70500. ****Lowering the timeframe will give us good entries for bullish opportunities. *** Not financial advice, trade at your own...

jeremyankamah161

NZDCAD currently forming a downward channel. Case 1: Rejection pins form at 0.87500 twice which means we could have a reversal there melt to 0.86000. Case 2 : we can also have price push to 0.88000 before taking a turn to a downside around 0.86000 and possibly breaking below. Either way, we can't go for long-term buys in this setup.

jeremyankamah161

looking at EJ, it has currently initiated a downward channel. I am currently anticipating 2 things to happen. CASE 1 -Studying the pattern closely, a head and shoulders pattern could be forming which could cause a rejection and change in direction at @130.500 , dropping down to 128.000 and below. CASE 2 - we could have this bullish momentum continue to zones...

jeremyankamah161

As an upward trend is evident, we are looking at price to rally to about 0.88500 totaling about 70 pips. I actually missed my entry which would have had me about 25 pips by now. Opportunity for a re-entry will be if price breaks above 0.87900 with a strong bullish candle stick.

jeremyankamah161

Following this downward trend, price looks to be closing in on the end of this triangular pattern. * We can have price dip down back to 1.36 to test that level, or break above 1.38 and if that happens, we can expect a retest and bullish move to 1.39. Waiting on a confirmation and signal on direction.

jeremyankamah161

Currently eyeing a breakout in the counter-trend to go shorts on UJ. Looking to sell to about @ 109.800 and if we have some more downward momentum, we can push through to 109.200. All we need now is a push to the down side, a good momentum. Daily looks bullish tho, so this is a trade to monitor and go where the market leads.

jeremyankamah161

Price at 1.40000 looks very solid for the market to fall back on following this upward channel. Now of course, we have to wait for confirmations and stronger bearish confirmations to ride this to the downside. And yes, this pair is very bullish but we are definitely trying to catch the correction if we get the confirmation we need.