LumzyFX

LumzyFX

GBpusd Short I expect the GBPUSD to sell after the next 4H candle closes as the market is on both Horizontal and Trendline Resistance, and it also looks like the market is forming a double top. Basically with this confirmations i expect the market to sell to the 1.21955 zone.

LumzyFX

On the h4 of AUDJPY we would be seeing an inverted head and shoulder pattern as well as a downward channel, and at the end of the channel there is a double bottom. so we expected a movement onto the upper side. this would be my entry, after a breakout and retest to the zone of 80.325, we would enter and take tp at 81.530

LumzyFX

Daily we have a descending triangle h4 we have a good breakout and retest to support zone with a pinbar as confirmation.

LumzyFX

A BULLSIH movement is expected after a little bearish movement.

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LumzyFX

My Bias on UJ pair is a fall based on the fact that, on the daily we have a pinbar that closed on trendline resistance i expect a downward movement to follow after. and on the 4h we would wait for a breakout onto the lower side from the support trendline in the channel, after a retest to the trendline we enter for the sell.

LumzyFX

so my bias on EURAUD is that after falling to support trendline below we expect an upward movement after, as we are in a upward trend so a believe a buy is visible

LumzyFX

Cadchf has retested back to trendline that was formerly resistance and is now support we expect the market the have a bullish movemt back to resistance which is a movement of about a 100pips, if you also look at my stoch its also at oversold.

LumzyFX

i expect GBPCHF to approach my trendline support after which, we should see a bullish move in the market. Ofcourse we will wait for confirmation before entry into the market, confrimartion could be a pinbar, double buttom, engulfing etc, so we should look out for this things before entry, also my stoch says its a good buy, so lets wait on the markets movement.

LumzyFX

according to my analysis i believe it should be buy movement on the NZDJPY, reason being this first we are approaching a trendline support zone and the 4h stoch is also at an oversold level, and in my course of trading the 4h stoch has proven to be slightly reliable, but before entry for that buy we should wait on a confirmation on the 4h for the buy, it could be...

LumzyFX

on the daily we can see a bearish pin bar, which the body closed inside the resistance zone and that confirms the fact that i said the break out on h1 is just a false breakout meant to push people out the market, i believe the position willl still hold and its still a good sell............... so sell now

LumzyFX

we can go short if the next 4h candle closes below the resistance zone as a pinbar, it shoulld be a clean sell to the next support level