Duke_of_Forex

Duke_of_Forex

GBPJPY is in sequence with with other jpy pairs for a possible reversals EURJPY USDJPY, CADJPY NZDJPY

Duke_of_Forex

this is in confluence with other CHF pairs such as EURCHF,CADCHF,NZDCHF . they've all reached my zone of interest after the impulsive move and i have a strong bias on them reversing

Duke_of_Forex

the trendline and flag has been broken. i took a sell down to retest the zone of demand level for a significant buy

Duke_of_Forex

This is followed by the breakout and breakout back into the trend, now the Uptrend can continue as it should be

Duke_of_Forex

Cadchf sell to complete the retractment for the breakout of the flag pattern was successful now i am looking to buy it high up

Duke_of_Forex

This is based on my bias on GBP and EUR gaining strength this week.

Duke_of_Forex

A closer look on H4 TF

Duke_of_Forex

EURCAD overall view is in a downtrend that later ranging for few weeks before breaking the range downwards, i see two ways to this; a possible retest of the broken range floor,for a sell or a swing high back to the range Ceiling of the trendline..

Duke_of_Forex

The market is clearly trending downward, but ill be keeping an eye for a possible breakout of the trend, a strong D1 candle breakout. at the same time i wouldn't dismiss it from selling.

Duke_of_Forex

This is followed by my bias on EUR, GBP gaining more strenght this week among its pairs. the market is clearly in an Uptrend and I would be looking at the market continuing in that direction..

Duke_of_Forex

This is followed by my bias on EUR, GBP gaining more strenght this week among its pairs. this pretty straight forward after a good successful trade on EURNZD last week.. the market is clearly in an Uptrend and I would be looking at the market continuing in that direction..

Duke_of_Forex

This is left to the market to decide, No much talks here, but i'd like to see a break of the FLoor

Duke_of_Forex

am taking this from the sell setup that was posted last week whihc was a swing trade, am looking at reversals for GBP and EUR this week..

Duke_of_Forex

the market has reached the top of the trendline again, for the third time, and there is a significant bearish presence, which means the sellers are again gaining control of the market.

Duke_of_Forex

This is counter trading though, but patience can still be applied

Duke_of_Forex

This is a explanatory enough

Duke_of_Forex

based on this H4 TF i would like to see a break of 153.600 zone then a retest before i'll be thinking of any buy entries to 154.670 zone.. based on this chart i only see a pullback and only sell entries

Duke_of_Forex

this is relative to GBPNZD