DJW1998

DJW1998

Hi everyone, Please see my EURCHF analysis attached. As we can see the price has been trading within a downward channel since the beginning of march and has respected the support and resistance of the channel well. As we can see on the chart the price has now pushed and made its way to the bottom of the channel which could be a potential entry point for a...

DJW1998

Hi everyone, Please see attached my GBPCHF chart analysis on the 4H timeframe. As we can see there is a pretty well respected support line at the level of around 1.25947 which has been showing as support since late April. Looking at the RSI we are currently in the oversold area which could means we are due to see a reversal in the near future. If we look at...

DJW1998

Hi everyone, Please see my EURJPY 4H chart analysis attached. As we can see the EURJPY pair is currently in a downtrend and is approaching the structure low which i have marked out on the chart. Add this one to your watchlist and wait for a touch and confirmation around the area. Will be watching this one closely. Any likes and comments would be...

DJW1998

Hi everyone, Please see attached my chart analysis for GBPAUD on the 4H timeframe. As we can see on the chart we have entered consolidation where it is moving in a sideways channel but there is plenty of opportunities involved here, i have marked out the area of structure in which the channel is respecting and the pip count between both is around the 180 pip...

DJW1998

Hi everyone, Please see attached my GBPJPY chart analysis on the 4H timeframe. As we can see from my other chart analysis which i have tagged the wedge was broken to the downside and we had a big push down close to the key structure area and we now have it slowly making a recovery back to the upside. With this i would add it to your watchlist and wait for a...

DJW1998

Hi everyone, Hope your all well. As you can see attached I have included my analysis of EURUSD. As the news was released earlier by the federal reserve we have seen a strength in the dollar. If we take a look at the chart we can now see a hammer candle has formed and also been followed by a bullish hammer. Stochastic has crossed and I have entered 2 buy...

DJW1998

Hi everyone, Please see attached my chart analysis for XAUUSD on the 4H timeframe. As we can see on the chart price has hit broken from the key resistance area and then come back down. From here we could see the retest and a bounce back to the upside or we could see that it was a fakeout and come back down through the structure area and continue to the...

DJW1998

Hi everyone, Please see attached my GBPUSD trade which i have just entered. SL: 1.38000 TP: 1.39000 DWFX

DJW1998

Hi everyone, Please see attached my XAUUSD 4H chart analysis. As we can see in the chart gold has pushed up into a key area in which we have had resistance since the 18th june. With this current price there is potential for a few different outcomes to occur: - We may see price respect the support line in which we will see a push to the downside, this is...

DJW1998

Hi guys, Please see attached my analysis for the CADCHF pair on the 4H timeframe. As we can see on the chart the price has pushed up to a resistance level which is the structure high and if we looked at previous price action we can see there has been rejections at this area. If we go into the chart on the 30 minute timeframe and the 1H timeframe we can see that...

DJW1998

Hi guys, Please see my analysis for GBPUSD. I am expecting price to have a retest of the structure drawn out and then push up towards the take profit box i have drawn out above. Expecting the NY session to show a weak USD but we will see how things play out. DWFX

DJW1998

Hi everyone, Please see attached my EURCAD 4H chart analysis. As we can see price is currently trading at a support level which could be a possible sign of a reversal to the upside. If we dive into the 1H time frame we can see an inverted hammer candle on the support line also being a potential sign for a reversal. Also if we take a look at the stochastic it...

DJW1998

Hi guys, Please see attached my GBPJPY 4H chart analysis. As we can see the pair is trading in a wedge pattern which i have marked out on the chart, with this we will watch closely to wait for touches at support and resistance of the wedge and also for a breakout. I have drawn out the structure level which i would look to reach if the wedge breaks to the...

DJW1998

Hi everyone, Please see attached my USDCAD 1H chart analysis. As we can see on the chart i have drawn out a key area which price is currently using as resistance. We can see that there is a hammer candle forming at the top of this uptrend, this could be a potential sign of a reversal. With the two things above considered I will be waiting for the close of the...

DJW1998

Hi guys, Please see my GBPAUD 1H chart analysis. As we can see on the RSI price is in the over bought area which be sign of a potential reversal. We also have price pushing up to a key level which i have boxed off which is showing as resistance. Please see stop and take profit attached. DWFX

DJW1998

Hi guys, Please see my EURCHF 4H chart analysis attached. As we can see here there is a potential sell opening up, the price has pushed up to a resistance level of the channel which has been respected for a few weeks. Along side this we also have a double top forming at the top the chart. With this trade i will be waiting for confirmation by the double top...

DJW1998

Hi guys, Please see my update on the GBPAUD trade placed yesterday which you can find on my page. 160 Pips in profit currently and running. For more trades like this give me a follow and follow the journey. DWFX

DJW1998 Updated 

Hi everyone, Please see my GBPAUD 1D chart analysis. I have entered a short on this trade. We can see the price has come right up to the high which has been touched since October, price has now tapped in to that zone and I am expecting price to push downwards. I have marked out my stops and take profits which I will be listing below: - SL: 1.85440 - TP1:...