westernshra

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About me Wealth Management
Last visit Joined 2 years ago Coventry, United Kingdom westernshra
We.trade.the.markets
Markets Allocation
76 % forex 2 % cryptocurrency 2 % indices 20 % other
Top Mentioned Symbols
GBPUSD 16% | 8 EURUSD 12% | 6 XAUUSD 10% | 5 EURJPY 8% | 4
westernshra westernshra GBPUSD, 240, Long , 23 days ago
GBPUSD: STERLING BULLISH (2)
36 0 2
GBPUSD, 240 Long
STERLING BULLISH (2)
After a bullish breakout of trend line resistance, the sterling traded side ways forming a pattern know as a head & shoulder. However due to our general bullish bias, we are expecting the trend reversal pattern to be violated and then possibly see new highs @1.29000
westernshra westernshra GBPUSD, 240, Long , a month ago
GBPUSD: GBPUSD - 1.26763 (Medium Term Upside)
68 0 3
GBPUSD, 240 Long
GBPUSD - 1.26763 (Medium Term Upside)
Simple trend line break as explained in our last cable post. This pair has now closed above support and trend line in what seems to be a bullish continuation. First expected targets for this trade is @1.26763 D.Willis
westernshra westernshra XAUUSD, 240, Short , a month ago
XAUUSD: GOLD - "The not so Safe Haven"
61 1 1
XAUUSD, 240 Short
GOLD - "The not so Safe Haven"
As expected, the US general elections spiked Gold well over 500pips in minutes. With the elections now done and dusted, the technical bias of Gold still remains bearish. Looking closely at the charts, we have closed back down below monthly and fibonacci res. With a clear break of temp. counter trend line support, ...
westernshra westernshra XAUUSD, 240, Short , a month ago
XAUUSD: NOISY GOLD
39 0 1
XAUUSD, 240 Short
NOISY GOLD
Just last night was the American elections, trust the market maker the move the markets everywhere. Gold leading the pack as it spiked over 500 pips within minutes. Moving forward, we've close back below monthly res. with new lows in sight. The overall target for this pair would be $1210/Ounce however we have minor ...
westernshra westernshra GBPJPY, D, Short , a month ago
GBPJPY: Whats Next for GBPJPY?
175 0 8
GBPJPY, D Short
Whats Next for GBPJPY?
With all the pound weakness over the past few months, we can safely attempt this simple ABCD setup. We are simply expecting the market to pull back into the willis zone @129- 131 region and collapse downwards. Estimating about 350Pips in decline. However if we break the willis zone region with bullish momentum, ...
westernshra westernshra GBPUSD, 240, Long , a month ago
GBPUSD: BRITISH POUND BULLISH BREAK OUT!!
87 0 1
GBPUSD, 240 Long
BRITISH POUND BULLISH BREAK OUT!!
After 6 months of bearish price action on the sterling we now have what we classify as a trend line break out. This simply means we have broken above a certain level of price acting as resistance. This currency can now climb against the USD with an upside target of 1.2900. However this just a medium term bias - D. ...
westernshra westernshra XAUUSD, D, Long , 2 months ago
XAUUSD: BUY GOLD @1320
33 0 0
XAUUSD, D Long
BUY GOLD @1320
Gold, after rallying off 1060 monthly support the instrument set out on somewhat of a medium up term trend. The market however then ranged into an X-E wave triangle formation which indicates further bullish action. A break of this triangle would lead us back into 1366.65 resistance. Technically, the best to ...
westernshra westernshra EURUSD, 240, Short , 4 months ago
EURUSD: EURUSD
57 0 1
EURUSD, 240 Short
EURUSD
Simple lower swings on the EURUSD with very clear lower highs and lower lows. Willis zone confluence acting as resistance @1.10200 barrier. Clear break of immediate support and bearish engulfing candle close will confirm our bias for further downside.
westernshra westernshra EURUSD, D, Short , 4 months ago
EURUSD: EURUSD SHORTS
29 0 3
EURUSD, D Short
EURUSD SHORTS
EURUSD - Very bearish action on the EURUSD since the brexit news hit the markets. EURUSD showing consecutive lower swings giving traders an opportunity to sell the pull backs. Short positions intiated @1.10761 with overall targets @1.0880
westernshra westernshra USDJPY, D, Short , 6 months ago
USDJPY: USDJPY - BEARSIH
63 0 3
USDJPY, D Short
USDJPY - BEARSIH
USDJPY Lower swing highs indicating bearish trend. Weekly bearish candles also indicating no signs of reversals. We have broken below long term support which is currently acting as resistance.
westernshra westernshra EURJPY, 240, Short , 8 months ago
EURJPY: EURJPY
18 0 1
EURJPY, 240 Short
EURJPY
After a brief retracement back into monthly resistance, this pair has broken and closed below the 126.500 region. In confluence with the willis zone, this pair is evidently in a downtrend with potential short targets of 119.132.
westernshra westernshra GER30, W, Short , 8 months ago
GER30: GER 30
103 0 3
GER30, W Short
GER 30
After the massive rejection at 12400, the GER .30 has been sliding since April and is currently taking a breather. If we stay below Monthly & Trend line Resistance then we have a full proof bearish bias. Lower Lows and Lower highs still indicate we could head lower, a break of the counter trend line would be needed ...
westernshra westernshra GBPUSD, 120, Long , a year ago
GBPUSD: Cable
40 0 1
GBPUSD, 120 Long
Cable
Next Level target 1.56...
westernshra westernshra EURJPY, 120, Long , a year ago
EURJPY: EURJPY
36 0 1
EURJPY, 120 Long
EURJPY
137.20 Next Level Target
westernshra westernshra SPX500, 240, Short , a year ago
SPX500: S&P 500
65 0 1
SPX500, 240 Short
S&P 500
Consolidation after that massive move to the down side. We still more room to fall. Overall Target 1735
westernshra westernshra EURGBP, D, Long , a year ago
EURGBP: EURGBP
56 0 0
EURGBP, D Long
EURGBP
Possible Counter Trend Rally
westernshra westernshra EURJPY, D, Long , a year ago
EURJPY: EURJPY
32 0 0
EURJPY, D Long
EURJPY
Bullish Break Above 137.00 Required before we can see a move back into previous highs
westernshra westernshra EURJPY, W, Long , a year ago
EURJPY: EURJPY
25 0 0
EURJPY, W Long
EURJPY
Weekly Bias
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