PropSignals

PropSignals

**Monthly chart** Monthly candle indicating that long-term directional bias is bullish. My next resistance at 1.85000 level (Round number) of the August 2023 high. It is also balancing the liquidity or Manipulation monthly candles of March & April 2020. **Weekly Chart** The weekly candle moved higher after it bounced from the weekly low at 1.79600 level where...

PropSignals

**Monthly chart** This pair bounced from the Jan 2015 high of imbalance area for the second time. However, the long term bias is still bullish on the monthly chart. **Weekly Chart:** The pair created a double top on the weekly chart after it bounced from Sept 2022 level. However, the long-term trend is still bullish. I am looking to short it if I find a good...

PropSignals

**Monthly Chart** Monthly Bias is bearish after the price bounced from last month's high creating double tops on lower time frames. Bear in mind that the monthly candle is still active. My nearest target is at 1.36000 Level (Round number) of daily chart. Then at around 1.3400 **Weekly Chart** Last week's candle closed lower which indicates the high probability...

PropSignals

Monthly chart Last month's candle was a doji candle and it bounced from a lower level. This monthly candle is still active and it bounced from the low creating an engulfing candle (but this monthly candle is still active) which indicates the short-term bias is to the upside. **Weekly Chart** For this week I am looking to buy EURUSD at bull back. As the price...

PropSignals

The monthly candle is still active which shows that it bounced from the daily level which I marked in blue previously. This means that It made a double top on a lower time frame and now it is moving lower. I need to see if the price is able to reach the lower level at around 100.00 (Round number) before the end of this month currently it is at 103.815. **Weekly...

PropSignals

I am watching WTI Crude Oil on weekly and it seems moving sideway channel since November 2022. Do you think that Oil will break the channel and moves up or it will bounce and go back inside the channel?

PropSignals

On weekly chart of USDJPY I can see the price is moving up through ascending channel, which is possible that it is forming the right shoulder of Head and Shoulder Pattern. I am watching it closely for potential trade to go lower if it bounced from the ascending channel and formed a key reversal indicating that the price will go short.

PropSignals

In my previous analysis on 18th June 2023. I was expecting that DXY will continue to go short. On the close of weekly candle of 4th August 2023. The price bounced from the dynamic downward trend tine with a weekly key reversal bar which indicate that the price will most probably continue lower. Bearing in mind that FED is planning to have another rate hike in...

PropSignals

I am currently looking to take USDJPY long at around 138 level as it bounced from the uptrend of the ascending channel as the trend continues to be long on weekly chart. If the price didn't break 145-150 level then I will be looking for a confirmation to short it at around 0.786 level and the upper trendline of the ascending channel.

PropSignals

From my simple analysis I believe XAUUSD is going to break all time highs. We are going to see some retracement for better entry to go long to cross above 2085 level.

PropSignals

USDJPY Bounced from the highest point this year of 145 level. Currently the price is ranging around 138.50 level. I would like to see the price moves to 142.84 and 143.38 and then bounce to continue its short movement as illustrated on the chart. to be bounced from the top of Symmetrical Triangle on weekly chart and continue lower.

PropSignals

With reference to my previous post of DXY or the US Dollar Index. The price broken the strong support and most probably will retrace a bit till 102 level before it continue in the direction lower. Therefore, we might see some bull back reaction of currency pairs such as USDJPY, EURUSD and GBPUSD before it continue in its direction. We will watch and look for...

PropSignals

GBPNZD is moving nicely into ascending channel making higher highs and higher lows. This pair was moving in sideway channel since 2016 and recently broke above that channel with indication that the price will continue to move higher over the long term. At least towards 2.20 resistance level

PropSignals

GBPUSD stands out of the symmetrical triangle and now it is testing the upper line with key reversal. This could be a good buying opportunity. But I am still waiting for further confirmation.

PropSignals

I see a symmetrical triangle on Gold - One hour chart for potential long opportunity. My next target is at 1972 level.

PropSignals

On the Weekly chart: Strong Supply Zone with Triple Tops. Ascending channel Will it break the strong resistance and continue higher or will it bounce and moves lower? On Daily chart: The price bounced from a Dynamic uptrend channel with a key reversal that indicates the price might move higher in the short term and might form a right shoulder from H & S...

PropSignals

DXY formed a Head & Shoulder pattern on weekly chart. From my analysis I expect it goes lower due to the following technical reasons: 1. The price formed a Head and Shoulder patter on weekly time frame. Which is a strong trajectory that it will continue going short. 2. 50 & 30 EMAs crossed over to the downside which is the first time after it crossed to the upside...

PropSignals

I entered a trade long at 160.26 at the break of Key reversal as the price tested support level with ascending channel break which indicated that the price was going higher.