GBPUSD is in a current uptrend. Price tanked a little from the 1.31400 region to the 1.28900 region in a bullish flag, which is a typical continuation pattern. I believe price has found support, and if price action respected, GBPUSD should break to the upside with first target at 1.30315 and second target at 1.31415 with stops at 1.28800. N.B. This is not a...
If you look up my previous USDCHF analysis you'll realize that price has been moving as anticipated. I am back with yet another analysis to illustrate my trading idea. It has come to my attention that USDCHF has been moving in a descending from the 0.93000 region to the 0.90300 region, which seemingly appears to be a major support area, illustrated by a young...
Nas is currently rallying in an ascending channel and seems price is at a possible resistance level. This could be a short term short position opportunity from the 12000 region with a target at 11775 and a stop at 12100. N.B. This is not financial/ trading advice. Individual analysis adviced.
This pair has been moving in an ascending channel creating a three drive pattern since the 18th of March and is currently sitting at a support level while bouncing off the ascending channel's trendline (which perfectly aligns with the 38% psychological fibonnaci retrace level). I believe this signals for a long opportunity at 135.950 with first target at 137.080,...
This here is an update to my previous analyses which has played out as anticipated so far. Price has bounced back off our previous entry level, which signals another buy entry in my opinion. Targets 0.91270 short term and 0.92000 long term with stops at 0.90400. N.B. This is not a trading signal or in any way financial advice. Further individual analyses adviced.
USDCHF formed a double bottom pattern at the 0.90100 region then price broke and closed above the falling wedge pattern signaling a long opportunity... Price may retest the wedge thereafter continuing to the upside to test 0.93200 long term target... N.B. This isn't in anyway trading advice but a mere analyses. Further individual analyses adviced.
Possible AUDCAD short position... What is your take on this? All perceptual comments welcome. N.B. This is a mere trading idea and not a trading signal. Further individual analyses is advised.