siphesihle09

siphesihle09

I see a short setup forming, it might take some time we shall see. Trade safe.

siphesihle09

Sellers are losing momentum, will wait for bullish confirmation accompanied by some good momentum.

siphesihle09

I personally believe the pair might make a small short to the previous resistance level

siphesihle09

Mommm, we finna blow up! Overall bias is buy but the market might just take a little slip.

siphesihle09 Updated 

The USDJPY breaks up the previously broken support, of which is caused by the failed retest with resulted in to the market breaking the level and it is also continuing with the respected upward trendline direction. There is a possibility of a bullish momentum continuation.

siphesihle09

Yesterday i published a buy idea on this pair and it is going well so far and I will be looking for a BUY entry when I get a good bullish candlestick close above the Fib. 61.8% level and put my stoploss below the Fib. 50% level.

siphesihle09

If the buyers push the market up with good momentum candlesticks I will consider a buy to the previous support.

siphesihle09

The pair has respected the support trendline with good bullish momentum it is currently sitting on the resistance trendline and a strong resistance level. With the respect of the support trendline and the good momentum it might break the resistance and head up with or without retesting the might-have broken resistance. We shall see.

siphesihle09 Updated 

I'm currently on a BUY position on this pair , the EURGBP, as it is trading on a range and retesting a strong support on 1M timeframe, which i marked GREEN. It is also retesting a TRENDLINE SUPPORT, a SUPPORT TURNED INTO RESISTANCE and also a RESISTANCE TRENDLINE. I hope it turns good. What are you guys thinking?

siphesihle09

Personally I believe the pair will continue bullish for a while as the overall direction is bullish with good momentum and it recently retested a previous resistance turning it into support, the rally was disturbed by the previous week U.S CPI but it seems to be going back to its initial direction. Evidently, it's on a strong zone at the moment but the bulls are...

siphesihle09

I might buy if theres more bullish momentum and take my profits on the previous resistance level. And I see an inverse head and shoulders forming. I'll buy after it's completion.

siphesihle09

I'm thinking of BUYING on the GBPJPY if it breaks the RESISTANCE TRENDLINE and retests it on a smaller timeframe or if it respects the TRENDLINE and give a good bearing signal I'll consider selling.

siphesihle09

I'm thinking the eurusd has a good chance of going up as it is on a resistance turned support on a W1 timeframe but it's still going bearish , it broke out support on 1D timeframe BUT also remember that it's been on a range for the past few days. What are you guys thinking?

siphesihle09

Might hold on the support. The support has been tested before and it might hold as the market approaches it.

siphesihle09

The upward trendline might be broken and the market might rally downwards to the highlighted zone. And also the trendline might hold and the market might rally upward to the highlighted zone , buy aggressively when the small downward trendline ( BLACK ) is broken by a high momentum bullish candlestick.

siphesihle09

A possible buy on the resistance turned support, support being tested for the second time.

siphesihle09

Nothing big or complicated just trendline trading.

siphesihle09

An upward trendline was broken and retested giving us a sell signal , and also look at the black trendline acting as a resistance you can see it's being obeyed giving us a high probability sell