Astrofx
USDJPYUSDJPY Update*
4H- Formed a resistance on 108.224 zone but blew passed it! Also hit 38.20% fib zone! Same TP as my original setup!
USDJPYW- Four weeks of consolidation zone broken, fifth-week candle closed above all the previous wicks.
D- Bearish structure broken, new higher low and higher high have been formed. ( would it retest 38.20%?)
4h- 38.20% fib re-test.
First TP : 107.664
Second TP : 108.187
Over all TP : 109.826 (300 pips)
USDJPY Bullish Projection Higher Timeframe confirmation
38.2 retrace level on the 4 hour chart.
4 to 1 reward risk ratio
Its a go
USDCADUSDCAD Update*
USDCAD Update*
W- broke under monthly support TL/ Re-tested. Countertrend broken!
D- 61.80% fi/ monthly resistance/ TL all re-tested!
GBPJPYW- After being stuck for two weeks, the consolidation zone was broke, last week's candle broke and closed above the wicks.
D- Zone broken, needs a re-test, double bottom.
4H- selling to re-test level, 38.20% or 61.80%
Overall, I'm looking to go long since the reversal has formed, HH's & HL's. 148.00 is the target!
GBPUSD Short ProjectionGBPUSD Short projection.
Based on higher timeframesn showing more sellers in the market and buyers exhaustion on lower time frames
Aud/Usd Long results This my bias for AUD/USD and my target price for take profit. Target was reached to a T.
Bitcoin vs US Dollar, via 4-HourThis pair has broken July 28th's ascending trend line after being rejected by an area of supply. Price then bounced off the 11405 psychological level before continuing lower to the 9663 support. There has been a rejection of that support level and price is heading towards an area of supply. Right now, we see a potential bear flag. Let's see if it can reach that .50 Fib level and form a reversal candlestick pattern.
AUDUSD300 pip target, bullish reversal on its way.
4h- Could wait for consolidation zone to be broken and re-tested for a safer entry.
USDCADW- Bullish structure broke, MA's crossed over, Lower lows forming.
D- 61.80% fib/ Monthly TL/ R re-test.
XRP vs. USD counter trend trade, via 1-hour chartPrice broke through previous demand, pushing it down towards the 0.30580 support line, retested and broke lower towards a key level of support of 0.29030. Price rejected that support level, pushed up and bounced off previous resistance of 0.30580. Price rejected support for the second time creating a double bottom and looks like it wants to break above previous structure resistance. Let's see if it can go back into that area of supply.
AUDUSD Pullback Buy SetupIm expecting the Aussie Dollar to strengthen against the USD as we approach the FED rate cut, the uptrend is expected to continue until it reaches a key Fibonacci level of the Daily Downtrend before heading back into its Overall Trend direction to the Weekly Support Level.
NZD/CAD analysis, via 4-Hour ChartAs we can see, this pair broke out of a 4-month descending trend line in and rallied up to the .88750 resistance. From there, price rejected that resistance level, broke out of that ascending channel and headed back to an area of demand in confluence with the .618 Fibonacci level. Let's see if there can be a rejection from that demand area for further bullish movement.
Gold Analysis, via Daily ChartGold recently broke out of February's bullish flag pattern and broke pass that area of supply that is now demand (1350's area). Price is now floating in the Weekly Resistance area of 1428.30 and is creating an ascending broadening wedge pattern. There is also bearish divergence on the RSI indicator. These confluences are letting me know that this pair wants to reject resistance and push down, possibly to an area of demand.
GBP/JPY Analysis, Via 4-Hour ChartThe Pound vs. Yen is stuck in a descending broadening channel. As we can see, price was rejected by that area of supply (around the 138.900 psychological level) and looks like it wants to head back into that support level of 133.950. If we can get a rejection of that previous support level, it shall form a double bottom and break July 19th's descending trend line for potential bullish movement.
