lobfxempire

lobfxempire

Happy Sunday to you all! *READ ENTIRE ANALYSIS* Price is creating more higher highs, higher lows, and looks to be about to reach the resistance line just above the 78% on the Fibonacci Retracement (Blue Line) which is around the price of 142.825. What I see CAN POSSIBLY happen is price creating a bearish 3 drive strike pattern *Red cirlces* once it reaches...

lobfxempire

What's up traders, GU has reached a strong resistance at 1.35000 which price has gotten to a few other times and immediately turned around just like this go around. Could this be the start of a downtrend for GU? I set a sell stop which has already activated, and i'm going to take profits around the consolidation structure price broke out of a few hours ago....

lobfxempire

I spotted a bullish 3 drive strike pattern, i'm expecting price to rise to the 115.350 area which is somewhere in between the 78% and the 61% on the fib retracement. Price is now at a pivot point, so I am now looking for a new long entry. If your trading this pair let me know what you think! Goodluck Btw I tried making the 3 drive strike pattern the exact...

lobfxempire

Happy Thanksgiving to you all, GJ has reached a peak at 139.850, and started consolidating. I'm expecting price to fall to the 138.000 area within the next few hours, possibly London session. There can possibly be a small pull back to the box of the consolidation zone before the fall, but we will see once the time comes, goodluck!

lobfxempire

GBPJPY has been longing for a rise & break over Key Weekly Level 140.30 & 142.70. A rise towards those levels are supported by a few confluences. Firstly, we've been in a Daily uptrend since the start of November. (Green Channel/White Median/Left) I've identified a possible Cup & Handle Formation from the 4HR, I'm currently waiting for a closure completion...

lobfxempire

There is a double top formed, during London session i'm expecting a push to the downside.

lobfxempire

Here is my bearish sentiments on GJ, its a continuation from my last idea. Marked on the chart is a Sellstop entry @137.75. Following a breach of that level is a possible shift downwards toward 137.27. I've marked that level as Target 1. A breakout to the upside of Trendline 1 will invalidate this trade. Target 1:137.270 Target 2:136.470 I've been...

lobfxempire

A Symmetrical Triangle Pattern has formed on the 1HR Time-frame. It usually indicates solid consolidation until a breakout occurs towards the top or bottom. This particularly sentiment is bullish , so I identified a few key levels with the last price point aiming towards @140.10. I set a Buystop Entry right above Trend Line 1. I predict Intra-week activity that...

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Bitcoin has formed a Double Bottom Pattern along with 3 other confluences signaling early Moonish behavior. Price recently broke & closed above a key weekly level identified with the orange line. ($15979). Price is bound to reach the Double Bottom neckline, but before that happens I see a price shift to the inside of a Minor consolidation zone. A close above...

lobfxempire

GU has broken out of the ascending channel, and now has created a head and shoulder pattern. At the moment I am waiting on more movement to happen before execution. I say sell as soon as price closes back under the previous resistance which it is testing right now. If that happens price will go back down and test the 1.31000-1.30000 zone.

lobfxempire

Tweezer top formed at resistance of ascending channel indicating reversal. Also there is a double top formed on the 4hr as well. Price will retrace to median of the ascending channel. Once price reaches the median price either keep falling, or test the resistance of the ascending channel again.

lobfxempire

GBP has broken support, and can retrace back to support before going down to 1.79000. Over time price could head to 1.76000 which is support for an ascending channel I spotted on the weekly timeframe. Also there is important news coming up in approximately 11Hrs from this post, things like the Bank of England interest rate, Monetary Policy Summary, and more.

lobfxempire Updated 

Whats up Traders! Support this idea with a LIKE if its of any use to you. __________ I predict a rise on Gold to a previously broken support level that turned to resistance. Price has been reacting bullish every since markets open. It failed to break the 9 MA to the downside, along with a failure of Daily Support on November 1st. We've been on a continued 7...

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GA has been ranging back and fourth between 1.85000 and 1.82000 and I believe price is about to make its way back to 1.82000 , if so price will create a double bottom and move up back towards 1.85000. Price could also move down from where it is now 1.83000 to 1.82000, and continue falling. Price reached its resistance at 1.84940, fell, and now is about to test...

lobfxempire

Price has been ranging between 1.31000-1.27000 since the beginning of September, price could be headed towards 1.27000 in the next few days. There is a lot of important news this upcoming week for both GBP and USD, and most importantly the US election is in 2 DAYS . I charted the FIB on the daily timeframe, and what I think will happen is the market will open...

lobfxempire

XRP created a double bottom on the daily timeframe, price could head to 25 cent in the next few days! I'm sure XRP will rise because of the Presidential Election which is November 3rd, of course along with Bitcoin . I'm expecting a PUSH to the upside when the current daily candlestick closes in the next 20 hours along with the current weekly candlestick.

lobfxempire

Welcome back to another one of my analysis. If you like what you see, don't hesitate to gives it a thumbs up. I predict more bullish pressure within the upcoming month. From the Monthly timeframe, I spotted 3 bullish confluences. I can see price either forming a leg down to Monthly Support or continuing its long rally upwards to $16,225. Hence only if...

lobfxempire

Welcome Back Traders. Support My Analysis If You Agree The bulls have been exhausted, & may now face complete elimination. Multiple wick outs occurred in key zone showing the loss of bullish strength. I see a possible drop to $1869 in the works. Comment Your Ideas On XAUUSD