Technical anaysis for GBPJPY. This pair is currently broke the triangle or sideways movement. retest it and countinued to sell off. Right now the price is sitting on a solid 4h level, i will be waiting to see the break and retest of this level.
Technical analysis for GBPCAD. Gbp cad was in sideways movement and broke it to the downside, than it went to daily trenline. and bounce of it to the upside. Will be waiting for break and retest.
Technical analysis for EURUSD currceny pair. The price is right now on sideway movement and right now it is not ready to trade. i expect it to break outisde of triangle and retest some of the major supp/res level and than bounce.
THIS PAIR IS ON VERY NICE UPTREND, ALSO CROSED THAT 4H TREND LINE AND DAILY LEVEL, WILL BE WAITING FORA RETEST OF LEVEL AND THAN RALLY TO THE UPSIDE
WILL BE WATCHING THIS PAIR , EXPECTING IT TO RALLY OFF OF THIS 4H RESISTANCE LEVEL ON EACH WAY, EATHER WAY I WILL WHAIT FOR THE RALLY AND RETEST THE LEVEL AND THAN ENTER A TRADE.
EURUSD IS ON VERY IMPORTANT HOURLY LEVEL, THERE IS ALSO A CROSS OF 4H TREND LINE. DEFINITLY WILL WHAIT FOR A RALLY TO HAPPEN AND RETEST THIS LEVEL TO ENTER A TRADE ON EACH SIDE.
PRICE WENT TO THE MONTHLY TRENDLINE AND START TO BOUNCE OF IT, IT ALSO TESTED A DAILY TRENDLINE FROM BELOW, WHICH IS ALSO A CONFIRMATION FOR DROP. I EXPECT THIS PAIR TO SELL OFF...
Aussie wen from a consolidation phase to a nice up rally, will be looking for a nice buy setup if price is going to break 4h (blue) level and retest it as a resistance.
Price broke trough EMA 200 which is known as a stron resistance and closed above it. I am going to look at this pair next week, if it is going to continue a solid up trend i am going to look for a buy.
Watching price action if the price go over a 4h level and than retest it, i am going to look for a buy.
ANALIZING THIS PAIR TODAY, EXPECTING THAT PRICE WILL DROP OFF 4H LEVEL BECAUSE OF STRONG SUPPORT AND A NICE TOUCH WITH EMA200.
EXPECTING PRICE TO GO UP TO THE MONTHLY TRENDLINE, THAN I WILL CLOSE THE TRADE AND LOOK AT THE PRICE ACTION, IF IT IS GOING TO BREAK THE TRENDLINE AND RETEST IT OR ANY OTHER SIGNIFICANT LEVEL, I WILL BE LOOKING FOR A BUY
ANALIZING EURUSD TODAY. EXPECTING A DROP OF PRICE BECAUSE OF DAILY LEVEL AND MONTHLY TREND.
MADE SOME ANALYSIS FOR GBPUSD, AND ASSUMING THAT HIGHER TIME FRAME RETRACEMENT IS OVER AND THE PRICE IS GOING TO SELL OFF, WE ARE GOING WITH THE DOWN TREND. WATCHING THIS GREEN HOURLY LEVEL TO BE BROKE AND TESTED AS A RESISTANCE.
Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. The post is for educational purposes only. I see here a third touch of a down trendline, so my prediction for EUR/AUD is to go down for at least 50 pips to...
Here is traditional pitchfork for GBP/USD on a 4h chart. Andrews observed that the pitchfork from a swing low to swing high attached to a previous swin low wil touch median 80% of the time. Here is one to the pip touch of a median.
Here is my pitchfork for today, we have nice median touch from downside and one pass and touch on a median line.