AdamChomba

AdamChomba

SInce the last TIme we did an analysis on USDJPY, the market was at a rather confusing area, but, it has made itself clear on where it wills to go. It broke the daily support area (RedLine), and has come to test it. The reversal candle formed shows a nice Sell Opportunity come Market Open. Waiting to catch that Short in the Lower timeframes. #Patience #Discipline

AdamChomba

I tend to thing that is a Pennant, but beyond that, the Structure of AU is changing. The Daily timeframe already printing higher highs and higher Lows. Structure was broken at 0.70000 area. Verdict, if it closes above the Major Trend line, I am looking for the Next higher Low to Buy. On the other hand, if it breaks outside the Wedge lower trendline, we are in...

AdamChomba

GBPJPY still looks to have some More Bearish momentum in it after it retraced off the weekly support area and printed a Lower high before Markets closed this week on the four hour. if it confirms a Lower high formation on the daily or the monthly key levels, (Red or Black lines) then we are looking to sell it to the 133.00s if on the other hand Market is on the...

AdamChomba

GBPAUD Sell market reached intended Take Profit and Surpassed.

AdamChomba Updated 

GBPJPY is Still maintaining a Bearish Structure overall. It has not yet broken structure All this while... in the daily Time frame its ranging... We await the Break on either side to confirm either continuation of a Bullish Run. #Patience #Discipline #Dedication

AdamChomba

In some way, this market behaves like GBPJPY. We are in an ascending Triangle on the Daily and H4 timeframes. Market could break out bearish, and drop over 50 pips... or it could reverse, and go up to the Previous Resistance.

AdamChomba

in this pair, we notice that there is no one time the market has broken a previous Higher Low. This confirms to us that that market is still Bullish overall.. Lets see what happens, ,, will it break Support and the Previous Higher Low, or wil it continue with its trend Upwards?? If Bullish, we are in for a Good Pip count with very little Risk....

AdamChomba

Market looks to still be in a Bullish trend... overall... Lets wait for confirmation off on whether it will Break above the Trendline, and continue to print Higher Lows or it will break structure below 107.90 and then, we start looking for Bearish Runs.

AdamChomba

We may have a possible Breakout. Once Market comes back to confirm break, and prints a Bullish Variation, we are looking at a 50 pip Bullish Run #Patience #Discipline

AdamChomba Updated 

Direction and Bias is based on Breakout. Possible 70 pip move. #Patience and Attention.

AdamChomba

Market Dropped to the Next Zone 50 pips Bearish This market tends to Form Chart Patterns all the time Clear and precise.. #Patience #Discipline

AdamChomba

NZDUSD has confirmed a Break of Structure on the Daily Time Frame We are now looking for Buy Opportunities. #Patience #Discipline

AdamChomba Updated 

We are looking at a Break of structure based off the H4 and a retest happening. Once market gets to the sell zone, we are looking for an opportunity to enter the Market Bearish. Awaiting Setup. #Patience

AdamChomba Updated 

GU broke out of the Daily Rectangle... We are looking at a 200 pips drop after Retest.... This will be interesting. Stay Tuned. #Patience #Confidence

AdamChomba Updated 

GBPAUD looks to be a sellers market. We are anticipating formation of a Lower High on the m15 and M5 for perfect entry. Possible Risk, up t 30 pips, Reward up to 183 pips in the Long RUn. #Patience #Confidence

AdamChomba Updated 

This trade was a confidence trade... Market didn't really bounce off the Price Reversal Zone I was expecting, but it melted beautifully.

AdamChomba Updated 

Market respected Strike Zone 1. Entry is as described on the Chart. We are holding to TP 108.85

AdamChomba

GBPJPY still has Bearish Momentum. I am looking to sell on areas 1 ( 130 pip drop) or 2 (200 pip drop) Keenly observing this pair. Blessed Week everyone