after the violent movement on friday the usd get weak and went on selloff the gbpnzd pair has broken his trendline o daily next move the sell continue to the zone between 1.9470 and 1.9523 where it could be a good opportunity to go long note the broken trend line didnt make it correction yet and it shoud do it so i will be waiting that zone above to...
GBPNZD is in rising channel we will wait to break the downtend in the chart and then enter long position you can also set buy stop position at 1.9810 and grow up to the lastest point
the pair has formed tripple top trend broken next move retest to the neckline fall back again look at chart for levels
i predicted the fall of bitcoin on the top of this chart my general expectation and on the short/medium term 10000 level is closer a small wave up to 43770$ level could occur but cannot go more than it preparing the next big drop wait for proper moment watch close before taking an action I will be waiting for the sell opportunity
buy nasdaq then sell then buy nasdaq is extemely bullish and we will see more new levels my chart giving me 15600 level in the near future
eurusd still under bearish pressure we have a doble top on daily and the neckline is at 1.1700 breaking we will see the last stand at 1.1603 im sure it will test it this week daily candle close below the neckline aurevoir eurusd :)
breaking the falling wedge GOLD MAY GO UP this week to test the sell area in red before ggoing down again to watch closely
we expect extra upside move for the dollar index to the upside channel supported by inside channel line so the usd may gain more power on other currencies
we expect a down movement as we maintain the bearish downside with lower highs watch 150.65 and 149.10 here we will look for long positions again i will go short on monday london session preferred entry 152.50
FIRST MOVE TESTING THE FALLING CHANNEL ON CHART GO TO BUY AREA MENTIONED IN BLUE THEN BULLISH FROM THAT ZONE
my outlook is bullish for GBPCAD its supported by the 3 channel lines blue red and purple last move retraced for 0.618 fibo buying this pair is preffered unless an h4 candle close inside the channel
gbpcad retest and go long last move retraced at 50% fibo expected to go up now
i expect more upside after channel restest on h1 on h4 trend line is tested on h4 we have a pin bar wich is still valid i will go long until a candle close below that pin bar on h4
cup and handle pattern or saucer cuo pattern has been formed on H4 i suggest to place buy orders above the handle its mean above 130.30 with tp1 at 131.30 good luck
GOLD SELL OFF WILL START TO DEEP AREA prseting head and shoulders on h4 bearish engulfing candle on weekly lower low on weekly tp1 1600
i suggest seting up a buy limit @1.9530 we have a double top on h4 1.9530 should be the neck line of this double top pattern if h4 candle close below 1.9530 the buy setup will be invalidated
inverted head and shoulders on M15 neck line has just been broken suggested trade buy at 1.4983 target 151.30 Good luck Trade at your analysis and risk also our anlysis belong to us only we publish it as educational purpose only
waiting a breakout from any side to enter position the chart is very clear and dont need any comment place you trade on breakout