DOWN 70% AT $5! BUY LOW & SELL HIGH ENTRYYour entry is going to be now at $5 and your target is anything you like but this is a reversal due to an over sold conditions! This is your opportunity for profits.
Profits
AUDNZD - BUYAUDNZD has been in an upward trend for months. Now that it has broken the recent high, there are reasons to believe it will continue its trend and retesting the support zone it currently approaches. Using the Fibonacci tool it was determined that the support structure lines up well with key levels on the Fib tool. This also indicates that the support is a good level from which the start the continued move to the upside.
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Isaiah 60:22what's good traders!!
i've not been publishing ideas for time now and the past week or two i have not been as active as i meant to be but it was just a phase where i needed to take a step back and do some introspection and draw closer to God. God really has big things in store for every single one of us i mean literally everyone even the non believers. My message is basically that lets keep pushing and keep doing all these habits that will move us closer to our goals and then God at His perfect timing will bless our trading careers. God bless you all!
:)
IDEA FOR NEXT WEEK. GBPJPY.as far as I can see for today and probably monday is that we failed to create a new HH, so that means that the trend is weakening and it needs to regain strenght. So in monday (most likely) We are going to see a retest on the previous major resistance line and after that our weekly target should be at least 164.000. Feel free to share your views for the upcoming week and have a good weekend guys :)
GBP/AUD falling with strong downside momentum...The last time we broke down GBP/AUD was when it was trending north on the daily. Since then we have taken a huge plummet driving the trends down and prices back below 1.8000.
1.7500 looks like a comfortable 100+ pip landing spot with more potential for heavy downside movements.
As of right now there is very little upside opportunity and we would advise traders not to try and pick a bottom.
We will provide an update over the coming weeks to see how this pair plays out.
USDCAD - BuyUSDCAD currently lies within a support zone both from the horizontal support and the trendline. Its expected the react by rejecting the zone to complete the M pattern formed during the move to the downside.
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US30 Sunday analysis 3/20/22Hello traders! here is my analysis for US30, we are currently in an uptrend creating HH & HL, breaking from previous structure. The market is approaching area 34970 which is a strong level with previous support and resistance points.
1) the market can break and retest 34970 area and continue the Uptrend (HH & HL)
2) the market can reach the 34970 area and reject towards the downside to then look for short positions (LL & LH)