Nwabisa_Mangesi

Nwabisa_Mangesi

75 bps hike, signalling a continuation of the bear run. Also check linked idea for weekly overview.

Nwabisa_Mangesi

Potential move on EU. Will be watching this pair closely

Nwabisa_Mangesi

****UPDATED ANALYSIS***** There is currently bullish momentum on this pair right now and I am anticipating that price will go up to the 61.8 zone and do a third touch on the downward trendline. My bias is still overall short, however, I will be waiting on price to get to that area and wait for more confluences to go short

Nwabisa_Mangesi

Price has pulled back to the previous LL and is showing signs of weakness on the 61.8 zone, anticipating that price will continue falling from this area.

Nwabisa_Mangesi

DAX broke out the previous LL structure. Price pulled back and tested that level and the daily candle may close as a bearish pin bar. Anticipating that price will fall from this zone

Nwabisa_Mangesi

US100 broke out the previous LL structure, now a pull to create a new LH, price closed as an indecision candle on the 4H timeframe, anticipating that price will continue falling

Nwabisa_Mangesi

Price broke below the previous LL, anticipating price will pullback to that area and continue going short.

Nwabisa_Mangesi Updated 

Had a great bear run with this pair, see linked idea. BOE intervened to stabilize UK's economy, causing the push to the upside. Price closed as an indecision candle firmly on the 61.8 zone, anticipating that price will stall in this area, or might even go up to the 78.6 zone, before dropping. Need more confirmation on the lower timeframes before I place my trade,...

Nwabisa_Mangesi Updated 

EU closed as a bullish pin bar on the weekly timeframe, anticipating that price will retrace all the way to the 61.8 zone before it continues to the downside.

Nwabisa_Mangesi

Price is currently in a downtrend, price broke out of the previous LL and is now pulling back to retest that level, placed a trade on the 50 Fibzone. Note that the daily candle also closed as a bearish pin bar.

Nwabisa_Mangesi

Gold broke through a strong area of support, as well as broke through the previous confirmed LL. I will be waiting for price to pull back and then place my short entry.

Nwabisa_Mangesi

US30 is currently in a very interesting area. Price has failed multiple times to break through this support zone. Will price create a new LL and retrace higher before breaking through it? I will be looking to see how the daily timeframe closes.

Nwabisa_Mangesi

DAX is currently in a downtrend, anticipating that price will retrace to one of those zones and continue falling. FOMC will confirm our bias

Nwabisa_Mangesi

US100 is currently in a downtrend, anticipating that price will retrace to the 61.8 fib zone and then continue falling. I will be looking to go short from those zones.

Nwabisa_Mangesi

Gold broke through the previous LL structure, expecting price to retrace to one of the fib zones before going short.

Nwabisa_Mangesi

GU has broke through the recent LL structure, expecting price to retrace to one of the fib zones before it continues droppoing

Nwabisa_Mangesi

Germany 30 is currently in a downtrend and has reached the 61.8 zone at resistance. If the daily candle closes as a bearish pin bar, I will be looking to short this pair.

Nwabisa_Mangesi

Price has rejected breaking the support zone, multiple times and the weekly candle closed as a pin bar. We can also see a double bottom formed in this area of support. My bias for this pair is bullish, trade will only be entered upon confirmation of daily and 4h candle.