My analysis on Nas100 futures Hoping to catch the full September downfall ENTRY 1: TRIGGERED ENTRY 2-5: PENDING
Currently on the daily chart we can already see a clear h & s formation showing, as well as another h & S forming on the 4h time frame. this indicates to me there is a chance its trying for momentum upwards. I can see rejection already at the neckline of the 4h h & s and will enter this trade once there is a breakout of my support box or if a retest of the same...
GBPAUD has shown a recent breakout of my zone in the 5 min time frame. if you check my weekly analysis on gbpaud you will see it is making its way up to turn resistance into support and continue Also note the odd H & S formation it made and broke the neckline but then retraced back up into trend to continue to break resistance once again I opened a trade at...
GBPNZD has shown recent head and shoulder formations on the daily chart and when we look into the 4h time frame we can see it has finished in its consolidation trend and began the move up now and broke my resistance level. have entered 1 trade at the point of trade shown on diagram. will be adding another when/if it comes back for support at 2.13 level. updates...
After analysing the daily and weekly chart I can see a head and shoulder has formed and then bounced off the neckline for support and touched 1.727 zone resistance. it didn't retrace all the way back to support level 1.67 so id assume it has more buying pressure then selling currently. I've opened long positions targeting the 1.76 zone resistance and will judge a...
GBPAUD on weekly timeframe has shown a vivid head and shoulders formation (YELLOW) with a rejection of the neckline (BLUE). I will be entering this trade once confluences agree around the 1.92-1.93 mark and will update this accordingly.
On the 4h timeframe we can see GBPJPY is trending along in a channel from the daily timeframe. this continuation has been going since 2022 October. I would expect the price to overshoot the resistance at 186.184 and go straight to 196 area before retracing for a bigger upswing once it makes a new trend. willl be watching and acting when it enters my area and my...
Currently waiting for a trend change confirmation on lower TF, but so far have been successful and would expect the incoming news to send it higher to the next support, or potentially rally up over the next weeks to highs from a few months ago. Will update this idea as it plays out with what I do and if I enter
Currently GBPJPY has shown a slight touch of hesistation trying to reach the next resistance level. I feel as if this is a fake pullback and price will continue upwards. in my opinion it will use the news break to launch up past 248.8. If price does not reach resistance level, we could be looking at a retrace to 156.6 then bounce up again for a double top using...
GBPCAD has shown a break off the support level 1.65 and is making its way up to the next resistance level 1.75. My open trade is running profits and hope to close at 1.794. At 1.794 I will be watching for a fan breakout then a retest of resistance turned support, and flow up to 2015-2016 highs.