GBPJPY... This pair has been ranging like crazy past few days keeping everyone humble asf lol. Personally i've been very excited waiting for this pair to breakout because either direction it makes it'll be a BIG move. As of right now I see no reason why this pair wont continue to push to the downside but - pullback is needed for profit taking, but wouldn't but...
After a heavy rejection followed by a massive impulse to the downside, I expect some sort of pullback as we get very close to key level of resistance. As well, with any impulse there must be some sort of liquidation/profit taking & the 50% fib zone seems appropriate, - but so does any type of pullback so stay cognitive with prices movement. For all we know the...
AUDUSD.. Very similar movement as NZDUSD So technicals are pretty much identical HH, HL, HH, HL etc . Patience. If i dont get a solid closure we might see it drop back down so dont just jump into a trade. Have a good weekend, Next week setups are almost complete i have a few more pairs but keeping it simple on here. Cheers..
Really loving these USD pairs NZDUSD moving nice Bullish market etc. Keep is nice and simple. HH made, looking for a pullback to continue this climb I do see this pair going higher as this is a very strong reversal and further analysis. Patience tho as anything can happen. Cheers
MASSIVE bullish candle to close the day.. so, whats next? im personally expecting some sort of pullback because all this buying pressure needs some relief (profit taking) so, be patient for the market to present a good entry point. You could sell, grab a few pips etc but im more so waiting to see what the next candle will show. A solid closure will give insight...
quick summary of USDCAD. Charts speak. Be patient, can go either way. Can momentum break below and out of trend, to create a new bearish leg towards LL. Or, will the bulls kick in again to make . a new HH as USDCAD's movement has been a bullish market making plenty of HL & HH's etc. Excited for the next week. Cheers
USDCAD short opportunity. more to my analysis but ill keep it short. this pair has been consolidating around the zone its in throughout the day. Looking for it to breakthrough within' the next few hours. Patience is key. Cheers
EURJPY quick analysis.. many outcomes. await a breakout of the consolidation zone being formed.. patience is key, lets see what the markets give up cheers..
AUDUSD quick analysis Strong bearish momentum on this pair for a good period now. Just broken out of its little consolidation zone, look for a sell to hit lower zone. Buys should be waiting for the bears to die out around the .70000 psychological zone. but nothing is guaranteed. be patient. let the markets come to us and kill on a proper opportunity. overall...
USDAUD analysis... Bulls are taking over? With the breakout of the bearish trend + MA crossover, the new underlying bullish trend line has been doing justice. Breakout of the current zone as well as respect with this bullish trend we can expect a new leg towards the Monthly Resistance level. Once we get to this monthly level, we'll have to wait and see what...
Gold has been very choppy. Waiting for a breakout of this consolidation zone to lower support. People may have caught the breakout of the underlying bullish trend line but if you haven't be patient as we are consolidating. Anything is game, though good insight towards a further drop for a SELL - as we have strong bearish movement on this pair. Cheers...
EURUSD sell opportunity... Awaiting big breakout of this consolidation zone & the little underlying bullish trend line drawn up. Price continuously respecting the daily resistance zone of 1.7790* A lot of pressure building up. Stay tuned. Cheers...
we can expect some sort of pullback from this bullish push. we did have a weekly candle closure outside of the consolidation zone giving some insight that HH may be in store. As well a nice crossover & breakout. Pullback is anticipated for some profit taking to occur so people may see this as a quick sell opportunity. Maybe all the back back down to trend...
NZDUSD Recently we witnessed this pair smash through the bearish trend. Now, - Can we expect this underlying bullish trend line to hold justice & see price make its way back up & potentially past recent resistance to verify this bullish movement into a true trend. - Or, is this simply the bearish trend (as seen on the Daily) coming back into play. Save to say...
last post was stated that we must wait to see if price respects resistance zone. As it did and collapsed right after, making a strong bearish push to new lower low's. As we now witness it has broken through the next level of support. We now wait to see if she'll decide to make this a new resistance level, making a further bearish push. Or, is this a false break...
Waiting to see if it respects or breaks through support. Overall its in a bearish trend but it previously had a strong impulse, so a lot of profit taking is being made with this pullback. We can anticipate that it'll make another touch on the trend line, then continue down. This can go either way so patience is key as soon enough it'll give new opportunity for...
EURCAD sell no crazy analysis just keeping it simple. EUR has became very weak which gives allows the CAD to gain from this. (bearish) if you look on the Daily you have the fib hitting the 50% zone, so be patient as a drop is about to come. support zone approaching for sell opportunity LH was previously made to make its pullback from its previous LL impulse....