John_Mwaniki

John_Mwaniki

Hi traders, Price is following an ascending channel and has bounced from the resistance line of the channel. There is a potential for further drop towards the support line of the structure.

John_Mwaniki

Price broke an ascending channel and has since seem to have formed a falling channel and is testing the resistance line. You can wait for more confirmations and sell if the price doesn't manage to break the line. This idea will be invalidated if the price manages to break the line.

John_Mwaniki

Hi traders, This pair has been in consolidation for the past one month and likely to make the next big move very soon. It is following a rising trendline and has come to test it once again. It is also currently at a strong support zone. I see high likelihood of it to bounce and continue upwards. Breakout of the trendline will invalidate the long idea. In case...

John_Mwaniki

Hi traders, The price is in an uptrend and following a rising trendline. It had previously respected it thrice and has come to test it again. I see a high likelihood of it bouncing off and rising further.

John_Mwaniki

Price will more likely proceed downwards towards the support line of the channel.

John_Mwaniki

Hi traders, USDJPY broke a rising wedge in four hour timeframe. It also had bounced off from a falling trendline in daily time frame. There is high likelihood of price falling further.

John_Mwaniki

Hi traders, GBPUSD has broken a triangle from the bottom. Price likely to go down.

John_Mwaniki

Gold just broke a falling trendline. It may now rise towards the next resistance level.

John_Mwaniki

Hi traders, This triangle started forming from mid-october. It made a fake breakout from the lower side but later continued and has finally made a break from the upper side. Higher chances of price rising higher to the the next resistance.

John_Mwaniki

Hi traders, AUDCHF has been following an ascending channel from around mid-september and has now managed to break its support line. I see high chances of price falling further due to the breakout.

John_Mwaniki

Triangle broke from the lower side. High chances of price proceeding downwards due to breakout.

John_Mwaniki

Hi traders, Price has respected this trendline severally and has bouced off again when it touched it(bounce more visible in smaller timeframes). This zone also happens to be a resistance zone. I see a high posibility of the price going down.

John_Mwaniki

Hi traders, In USDJPY daily chart, the price formed a falling trendline since the beginning October 2018 and has since respected it very well for five times. Price has again revisited the trendline and the bounce is very evident in the smaller timeframes. It will be safe to open only sell orders around this zone unless the trendline get broken.

John_Mwaniki

Price had respected this trendline four times and finally it managed to break it. It is now retesting it. I see a high likelihood of the price going up.

John_Mwaniki

Price has managed to break a rising wedge in GBPCAD from the lower side. Price is very likely to fall.

John_Mwaniki

Price may fall as a result of the breakout.

John_Mwaniki

The price has been following both an ascending channel and a falling trendline. It has previously respected the trendline for four times and has come to test it for the fifth time. If it bounces off then it will be a good sell opportunity. Breaking of the trendline will invalidate this idea. You may share your opinions in the comment section. If you agree with...

John_Mwaniki

Price broke a rising trendline. It may proceed downwards due to the breakout. It would be perfect to short the pair after the breakout retest.