K0KETSO

K0KETSO

• breakout could happen anytime now, market has converged at the apex and it has lot momentum • looking for it to sell based on my analysis of DXY and my target area is that previous significant trough

K0KETSO

• on the D1 timeframe the market has formed a downward and upward trendline • market has respected the upward trendline and a bullish engulfing candlestick has formed so i'll be looking for market to go test the downward trendline again in the next coming days • as market converges by the apex i'll be looking for a breakout but now i'm looking for LONG...

K0KETSO

• market broke a daily trendline, it will probably close above it because the H4 candlestick closed above it • on lower timeframes (H1; H4) an upward trendline has been respected so i'll look for a touch on there then place buy orders

K0KETSO

• the downward trendline was broken and market didn't waste time for a pullback/retest • expecting market to continue being bullish and reach price around my TP area • pretty plain and simple technical analysis but please do help me wherever you see i'm wrong :)

K0KETSO

• trendline has been touched two times ever since the market has been in a bearish trend since the highest peak • the downward trendline broke but market didn't go far from the breakout but went to retest the newfound support area • at this support area i see a railway track/bullish engulfing sort of reversal candlestick on the M1 • so for entries i'll be...

K0KETSO

reasons for a potential buy/breakout are • my current DXY analysis signals a long term sell so basically a long term buy on this pair • expecting market to go retest a previous broken resistance new found support before continuing in this bullish move due to the spinning top on the H4

K0KETSO

• market broke out of the downward trendline, so we looking for BUYS • a doji formed on the D1 so loss of momentum i'll then be looking for market to reach my upward trendline where i'll place my buys • or market could be retesting the broken trendline which is still a buy trade w more pips :) • if market violates that trendline then i'll enter a sell but i'm...

K0KETSO

• market reached a major trendline (weekly) • for the past two days of last week price has been indecisive resulting in two reversal candlestick patterns (drawn and highlighted) which show a slow down in momentum and possible market reversal. • so i'll be looking to sell the dollar as of now and reach that support level, but we wait and see what the market does...

K0KETSO

this is a +$5.3 trillion market and there's only about 10 million of us traders in the markets, we're all millionaires we just have to keep pushing and sowing our seeds and wait for God to make all those tears, headaches, deposits, late nights and sacrifices grow in something we have not even imagined. now let's get to looking at the charts couple of ideas to...

K0KETSO

analysis self explanatory i may say feel free to comment if you do not understand :)

K0KETSO

on friday market broke a significant bearish trendline both because of technicals (market was bullish for about two weeks) and fundamentals (nfp) so i'll be looking for market to lose a bit of momentum next week which will result in a retest (corrective move) before continuing in it's bullish move my predictions say that market will reach my tp area

K0KETSO

on friday market tanked down because of of nfp and also because of technicals (market was already bearish for 2 weeks) so upcoming week there'll be a slow of momentum resulting in a corrective move (retest of broken trendline) then market will continue in overall direction and i'll be looking for price to reach my take profit level as it was a support level in the past

K0KETSO

market broke my bullish channel and a support level now it's retesting that level of support now turned resistance looking for market to reach my TP area

K0KETSO

so this pair is currently at a point in the bearish trendline and it's rejecting it so entry will be on either break of that level of support with short trades or break of the trendline either long trades

K0KETSO

my two trendlines formed a triangle and market movement has been going way slower and less movement and as it reaches the joining of those trendlines it will surely breakout to the upside

K0KETSO

market has been consolidating for the past 11 hours right after it implused, tanked down so i'll be looking for the market to reach my upward trendline .

K0KETSO

on higher timeframes (weekly, daily) the market has been in a long period of consolidation (wedge) and it tested a level of support 6 times in the past.

K0KETSO

As we can see market broke the trendline and went for a retest late last week. Looking for price to reach the less steep trendline tbis coming week.