The-forex-prophet

The-forex-prophet

the pounds continue to gain strength, as the pair retrace back to the support, another bounce of reaction is expected. my long term target will be the 1.4 zone.

The-forex-prophet

the pair is on the run for bulls movement after a consistent bear run. now am waiting to enter from 1.0000 or wait for a current breakout to enter from the retest.

The-forex-prophet

there is a small sell bias currently going on with this pair, but i expect bulls to make the move when it get to that block between 0.6500 and 0.6400. considering the previous movement of the pair back in March 2020, the current candles are printing the same, there for that magic third touch back to the little trend line around the 0.6400 zone will call for more...

The-forex-prophet

The king metal keeps pushing up after making Tripple bottom, however the road to 1800 was blocked by the sellers lining within that zone. therefore, possible bears to the next support is underway. expecting aggressive buy off from that support zone. i will go long once daily bullish candle is printed within the 1726 support zone the 1680 block zone. KEY: 1....

The-forex-prophet

The pair still trending up nicely but the current level looks like a good resistance. i am patiently waiting for the breakout before taking a short trade. by considering market circle, we expect the pair to break below after the consolidation.

The-forex-prophet

Yen pairs continue to stack on the top, but a potential fall is expected on this one. Trade with extra confirmation guys.

The-forex-prophet

The pair is sitting right in key level after a breakout from the downtrend. A bit of push up and return to make double bottom and aggressively push to the top is expected.

The-forex-prophet

The pair breaks out from the uptrend, and i was able to catch 1,500 pips from the drop. now there is a possibility of the pair returning to at least 50% of the drop. there is bullish engulfing pattern formed at the key level, so i will be looking forward to enter the trade with bullish momentum.

The-forex-prophet

GU getting ready to moon.... break above then retest will see the paire off to the lower high.

The-forex-prophet

Reversal pattern formed in Key zone. a possible upward move is expected. i will be stacking my positions once the neckline is broken.

The-forex-prophet

Silver is a bit shaky due to couple of fundamentals, but a possible fall is expected. this is my swing trade, i will old on the position for couple of weeks if possible.

The-forex-prophet

Hopping to see a massive fall here this week. the Pound been holding ground but the price action is telling us a likely reversal coming. using fib to measure the retracement, current price is sitting in 50% retracement level with bear candles already printed. aggressive sellers will kick in soon.

The-forex-prophet

Is it the time to see the massive drop ? am gonna be stacking my short positions here....

The-forex-prophet

Probably not the time to call out a Long trade on EUR pairs, but the price action here is telling us a possible reversal is likely. pair in a descent downtrend making higher High and Lower lows. now touching one of the long term key level, then end the day with a reversal candle stick pattern. a possible long can be triggered few pips above yesterdays candle.

The-forex-prophet

The uptrend is looking exhausted, double top formed on the key level. a possible reversal is likely. Considering the strength of NZD and the AUD, we need to be very careful when approaching this pair. bear engulfer already formed, so i will be looking forward to short this pair when market opens. With more confluence, i will wait for the trendline to be broken.

The-forex-prophet

Dear swing traders, is it that time to take the USDJPY down to the bottom ? a breakout from this bullish Trend-line will call for bears to smash the pair down to 103.

The-forex-prophet

a potent downtrend, therefore sellers are in control.

The-forex-prophet

The uptrend is looking exhausted after making the double top on 4H chart. this is a clear indication of a possible reversal. personally, i will use price action for my entries. a bounce off from the bullish support will see the pair making another HH while a break below will see the pair dropping more.