joshbayelyy

joshbayelyy

.

joshbayelyy

.

joshbayelyy

Weekly Chart -Market is clearly oscillating - pulling back with clear deceleration - More than 3 touches of the resistance line -Ranging with the 20/50 EMA zone -Below 50EMA Aiming for 3% with this trade only only risking a maximum of 1%

joshbayelyy

As we are currently coming to the end of a bullish peasant, we should see a big breakout creating some HH next week Target 1: 133.000 Target 2: 136.840

joshbayelyy

-Currently sitting under monthly support -Made LH on 26th -bearish triangle -Sitting on upward trendline currently looking for this setup on this pair and to see price go even lower to the next support line which is around the 109.000 area.

joshbayelyy

Remaining bullish with this pair atm, due to getting close to a previous resistance which was created back in may 2015 and was never broken. bit of a slow week with the market consolidating for most of it, but there could be a possible head and shoulders that might be forming. this is definatly a pair to look out for next week

joshbayelyy

Waiting for a clear indication that the monthly support will be a strong area for price to bounce off.

joshbayelyy

Looking at price move down to the 61.8 fib level then consolidate around that area for a while depending on the fundamentals of audusd

joshbayelyy

After the big bearish downtrend we may see the bears get exhausted and could see price consolidate fora bit the take a big drive to the upside eventually

joshbayelyy

If we see the price retrace down to the 61.8 retracement level the we should possibly see price break new highs and smash the 1.1700 area. long setup has been placed on the chart. you wanna wait for price to make a test of that 61.8 level and keep a close eye for price to use that area for a support.

joshbayelyy

We are probably looking to see price retrace down to the 61.8 area 1.1400 - 1.14800, If we see the pair fulfil this move then we will probably be looking at HH in the coming weeks.

joshbayelyy

predictions are that we will see see price retrace back up to the 382 level then if we see that as an area as resistance then we should then be aiming for the 1.272 extension.

joshbayelyy

if we see this wedge pattern set up nicely then just watch put when its about to break to through

joshbayelyy

possible 2 setups

joshbayelyy

here with have a nice bullish outlook with usdjpy should hopefully see price reach or eith break the 114.000 resistance level

joshbayelyy

if we see price stay above the resistance area then we should see some HH so just be on the lookout

joshbayelyy

since the middle of April we have seen this pair climb and climb looking at about a 254 pip increase which if you caught that you will be smiling. we could potentially see price consolidate again as you can see from the previous bits of price action from the uptrend which are highlighted in red, so if it does do that then look out for the breakout. another idea...

joshbayelyy

so i have now entered a short trade on GU following from my recent post waiting for confirmation for a trade. still looking to hit the circled area