okolichukwunedu

okolichukwunedu

XAUUSD just formed a Morning Star Candlestick on a Bullish Flag Pattern. So the TP will be on the touch of the other trendline.

okolichukwunedu

Having Head and Shoulder Pattern reconciling with the trendline gives us a clue on what lies ahead of us. so Enjoy the long ride!

okolichukwunedu

Historical patterns in forex are reliable indicators of sentiment. When the same pattern appears on both the 4-hour and daily charts, it is a strong signal that the sentiment is very strong.

okolichukwunedu Updated 

According to the analysis, a short sell on the GOLD weekly chart is viable in order to verify the inverse head and shoulder pattern. Following that, the bull run trend will take hold. The Elliot wave patterns concise with the incomplete inverse head and shoulder which proves that the correction is inevitable.

okolichukwunedu

There is a perfectly rejections on the trend line several times. I can only recommend to long once the trend line is broken and a possible retracement is achieved.

okolichukwunedu

fundamentally, i believed that USD is weak but for moment am buying until it hit the support zone. Before i leave, i can clearly spot a MORNING STAR formed on the UPTREND line. i think that is a wonderful and perfect signal. Trade what you can afford to loose Lets fill our bags

okolichukwunedu

The price action rebounce on the touch of the H1 trendline. There is much possibility that it will take off from there till it hit the upper trendline.

okolichukwunedu

USD currency have being strong lately due to reduction in asset purchase, unemployment claim etc. Now the price action is sitting on a trend line, I see a push towards the upside but if by the end of today, the price action breaks the trend line. then usd will plummet. Trade with risk management.

okolichukwunedu

A clear head and shoulder pattern. DXY is showing weak strength as long as that crude oil which correlates with CADJPY will keep showing strong signal

okolichukwunedu

From the technical analysis, there is a formation of head and shoulders pattern which is my favorite pattern in trading. Going down to 15 minutes chart, you can also spot the double bottom formation on the second shoulder trendline. Well. Am hoping to take profit around 153 to 154 zone. Please like and follow me for more updates

okolichukwunedu

There is a formation of inverse head and shoulders under construction. Once a bullish candlestick such as morning star, hammer etc. Closed the day on the resistance line. Then it is a strong confirmation for long term buy on the pair. Good luck with that as the fundamentals start to unfold

okolichukwunedu

There is a formation of inverse head and shoulders pattern which is still under construction. Once the price action reach the shoulder line and bulliah candlestick such as morning star, hammer etc closed on the resistance line. Then is a strong confirmation for long term buy. Fundamentally, pounds is still undervalued.. Good luck