DXY has been pretty bearish lately, it recently has came back from a strong resistance on the daily time frame. And on the 4 hour time frame it has created a continuous pattern, which is a bearish flag confirming continuous sells
USDJPY for long in H4 A standard .786 Retracement Pattern has just got completed. So let's see how far it can go in the following days.
XAUUSD seeking for support on 1243 AB=CD pattern forming, indicating: 1. 1243 as a support 2. 1280 as a resistance SO, let wait and see!
Fib Combo: .886 Reverse Stop loss below X; Targets: 117.27-117.62-118.07. Cheers and good luck. Jason
GOLD: 1163 will be the Resistance for WAVE3-5, AND it's quite important a resistance. Will impulse up to 1177 once it got broken. Support levels are 1150 and 1144 as marked. So, wait and see. Cheers. Jason
XAUUSD: Gold is always popular, as its name and meaning. December is coming, FOMC is gonna make a bold and surprising action. That's why gold has been falling inrecent days. Anyway, what we need to do is only "follow". Obviously news last night hit gold again, and I dont think now is a good time to follow. Better wait until bounce up to 1206-11 again (if...
GBPJPY: Keep rising, but may need some time to gather uptrend energy. Currently still in the sound uptrend SMA Range, wait for the pull back to entry zone. Worth waiting.
AUDUSD: Double Channels with SMA Range Perfectly running in a downtren channel with reasonable strength. Hopefully keep falling.
Potential Cypher Pattern For GBPUSD
2 618 Trade Setup for USDNZD DailyChart
If you're new to following me, yesterday I decided to dedicate an entire week to keeping you guys updated on a single pair. Below is a link to the Day 1 chart if you missed it or just need a recap on what I was looking at. The cable was very bullish yesterday an nearly pushed up to our projected bat pattern completion. Since then we've retraced and are setting up...
We already got major trend change for NZD/JPY but we are only waiting for good entry!! We may not reach previous structure for entry but we will have to entry earlier after breakdown of retracment up to EMA 36. Using heikin ashi candles helps us that so after breakdown of retracment i will short it defnitely. Resons for trend change are already written on the...