kartier

kartier

We can see that price recently broke below a previous support, now resistance, before correcting and is likely to push even lower. A confirmed bearish trend will be established only when price breaks below the higher low.

kartier

In the price you see above, we can easily spot that price broke out a descending channel and has already established an ascending channel. within our channel price broke out of a descending wedge pattern and is currently on its way to hitting the first target at level.

kartier

In the analysis you see above, price not only broke out the descending channel, depicted by the descending trendline, but it also broke out above the previous lower higher. Normally I wait for additional confirmation especially with a pair like gold. Price has shown me a common setup of mine however the bars and patterns aren't developed to my liking hence this...

kartier

As we can see from the chart above, price broke out our descending channel in favour of a possible bullish trend. Price has been correcting ever since not giving clear direction. My Prediction on the DXY is that price could test 101.474 , reject it, and push higher in favour of the bullish trend. However if price fails to reject this level, it'll be safe to say...

kartier

On the chart we see that price has been ascending in a corrective manner for a couple of weeks and has recently tested a significant resistance zone. Price hasn't yet shown me my entry signals, however, judging by my analysis on the DXY price could be dropping. Note GBP/USD has tendencies of Stoploss hunting, be careful and always use a Stoploss. you wont win them all.

kartier

On the charts we can see that price has been correcting within a descending channel and has recently tested a significant support zone. My prediction on price is that, we'll likely see price drop below the zone for a few days before rising to reach 114,750

kartier

In the picture above, We can see that price recently formed a potential bull flag. This potential bull flag was created after price tested a minor resistance zone. I also noticed that price corrected to the nearest support structure, showing us a potential double bottom. This is a scalp opportunity as my overall view of GBP/USD is bearish.

kartier

In the picture above, we can see that price broke out of the descending channel in an impulsive manner strengthening the breakout. Price is still in a corrective phase, however i will be looking for bullish opportunities entering the week.

kartier

In the picture above, we can see that price broke out the descending channel in an impulsive manner and is currently retesting the breakout area. Another thing i noticed from price is that it broke structure (bearish structure to be specific) and its common for price to retest the earliest support or resistance zone before the breakout, pin bar/doji candle stick...

kartier

In the picture above, we can see that price has recently created a new higher high. I also noticed that price did not retest the previous higher high structure after breaking above it, currently i expect price to drop to the nearest support structure.

kartier

In the picture above, we can see that price broke out the bull flag and finished its move. However, we can also see that price reversed to retest the breakout area, forming a possible double bottom. Currently am bullish on the DXY, However that bias will change when price breaks below the support zone price created.

kartier

In the picture above, we can see that price broke out of the bear flag in an impulsive manner, which often strengthens the breakout, price is due to enter a correction phase before continuing its move. I am currently waiting for a retest on the pivotal zone before looking for entry signals. With such instruments, you need to think cheap. Text me privately if you...

kartier

In the picture above, we can see that price broke above the resistance zone from last week. Before i can confirm a bullish sentiment price needs to do 3 things: 1) breakout 2) correct 3) confirm. Price is currently correcting and once price pushes higher above the high created before the correction will i be bullish on the DXY.

kartier

In the picture above we can see that price is currently at a resistance area and could sell to the previous support structure if it rejects the area. However, if price breaks above the resistance area we can expect price to rise to at least 99.200. To be safe lets wait for news to released before we make any assumptions.

kartier

In the picture above, we can see that price has been moving correctly in an ascending channel. We also noticed that price has tested a pivotal zone, price has rejected this area multiple times in the past and could do so again. At the moment price hasn't shown us any strong entry signals, however, if price does reject the resistance zone we can expect price to...

kartier

In the picture above, we see price previously broke out of a bearish trend and has recently retested the breakout area. We can also see that price has rejected that area strongly. Note that after price rejected the breakout area we can see a possible inverted head and shoulder pattern (it'll be confirmed once price breaks above the neckline). I expect price to bullish.

kartier

In the picture above, we see price broke out of the ascending channel and has currently retested the broken support now resistance before being rejected it (on the 15 minute chart we can see a strong bearish engulfing candle). I expect price to drop.

kartier

In the picture above, we see price previously broke out an ascending channel to start a bearish trend making lower highs and lower lows. Currently we see price moving accordingly in the downward direction. If GBP/USD continues lower I expect price to reach 1.20000. However, my bias will change only when price breaks above the pivotal zone I have drawn.