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Contraction & Expansion Strategy On EURUSD!The market has come out of the contraction phase and it's currently entering the expansion phase and I think we have room to go up! I'm bullish on higher time frame on this pair and I've done you the courtesy on attaching my last post on this currency pair.
Long Trade On The EURCADSo the eurcad has been in the expansion phase over the last 3 days and it has already retested the support line and now it's back above the middle line and we also have a buy setup forming so we are looking for this market to go and retest the highs and possibly reach our target at the 127.0 Fibonacci extension!
Any different views or comments are welcomed.
Keep it simple!
Long Trade On The EURCADSo the eurcad has been in the expansion phase over the last 3 days and it has already retested the support line and now it's back above the middle line and we also have a buy setup forming so we are looking for this market to go and retest the highs and possibly reach our target at the 127.0 Fibonacci extension!
Any different views or comments are welcomed.
Keep it simple!
USDJPY To Continue It's Rebound The rebound from 101 continues and the market got to the within 10 pips of the trendline. The bias is on the upside and if we break the trendline and get a buy setup then the upside will be confirmed.
Levels to watch out for;
1.) Previous structure high which will now act as a minor resistance @ 112.20
2.) Resistance at 114.60 (Oct. 2018 High)
3.) Resistance at 118.60 (Dec. 2016 High)
Thank you for you support!
Any comment is welcomed!
Keep It Simple!
USDJPY To Continue It's ReboundThe rebound from 101 continues and the market got to the within 10 pips of the trendline. The bias is on the upside and if we break the trendline and get a buy setup then the upside will be confirmed.
Levels to watch out for;
1.) Previous structure high which will now act as a minor resistance @ 112.20
2.) Resistance at 114.60 (Oct. 2018 High)
3.) Resistance at 118.60 (Dec. 2016 High)
Thank you for you support!
Any comment is welcomed!
Keep It Simple!
A Short Term Long Bitcoin Trade! BUY BTCUSDBitcoin has come back to previous structure support and this presents us with an opportunity to go long. Now this market is bearish on a higher time frame that's why it's a short term trade because at some point I will expect the market to reverse and continue going down so let's wait and see what happens
Ripple To Revisit The Lows! SHORT XRPUSDPlease Like & Share to support my work! Thank you.
Ripple has encountered a minor resistance and I think it's about to continue its descent back to the previous lows. It will a very good idea to go long on ripple if it does break the previous lows. It's currently in a corrective pattern which likely make its way down in the medium term.
Bulls Will Take A Short Break! LONG BTCUSDPlease like, comment and share to support my work fellow traders.
So we finally managed to get a slight rally from bitcoin in the past few days and now the market has into previous structure support turned resistance and I think we will get a slight pull back before we continue going up. Now how low this pullback with be is anybody's guess, we could go all the way and retest the previous lows but I don't see that happening, I think will get a slight pullback in the form of a corrective pattern and then we will kick on from there so let's see what the market will do.
Slight Recovery Then See You Later! Thoughts On GBPUSDPlease like, share and comment to support my work fellow traders!
The last few days has been really hard for the pound because it's been taking a huge beating from the dollar and we are in a situation where I think the pound will make a slight recovery until it gets to the trendline or the previous structure high and then the dollar will start swinging again so if you are looking to short this market then that will be the perfect opportunity to jump on train.
What To Do With Gold! XAUUSDPlease like, share and comment my fellow traders!
Gold has been in a steady decline over the past few days and now it looks like it has reached a minor support zone so I there could be a reaction at this zone, now the question is, are gonna make a complete U-turn and go back and retest the previous highs or will the market just make a slight pullback before plunging to the major support line down below? Regardless of what happens, one thing is for sure, the market will give us a long trade from this level.....
Another One For Your Pleasure! BUY AUDJPYDo I really need to explain this?? I shouldn't but I will anyway! So this market has come out of its contraction phase and now it looks like we are heading up so let's see if i'm right.
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Do You Wanna Start Your Week With A Nice Win?? BUY USDCHFOne of my favourite pattern to trade has just given me a buy signal and this might just be a decent way to start the week so I've already got my trade placed, so let's see what the market will do from here.
If you find this analysis helpful then please and like and share to support my work, Thank you.
Do You See The Big Picture?? Long ETHUSDAThis market has tested trendline support yesterday and respected it , so this will likely signify the end of the bearish market but don't expect this to go up in a straight line! There will be more choppy trading and consolidation from here before we get a major bullish move!
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It's Time To Start Thinking About Buying BITCOINHi, guess who predicted the huge drop in bitcoin a few days ago from 8000 to 5000? Me! However, I think now we have to start looking at going long thanks to our Gartley pattern completion. This is gonna be a long term trade so manage your risk. I've also linked my last bitcoin analysis for your perusal.
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A Potential Shorting Opportunity On GBPUSDHere we have the market coming back to retest previous structure and with the market being bearish in the last 2 days I think this could be a perfect opportunity to go short so let's see what the market will do from here.
If you find this analysis helpful then please like and share to support my work, Thank you.
A Beautiful Way To Start The Week!! BUY GBPNZDWe have a potential bullish Gartley pattern setting up on this currency pair and this should be a good way to start the week. I'm expecting high volatility in the markets this week so brace yourself guys because we will have plenty of trading opportunities!
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