TradeXMBL

TradeXMBL Nov 29, 2020

Looking at DXY, plus looking at forecasted data for CHF there will be a nice rebound for USD/CHF pair. We can already see a really nice rejection on the 1 hour candle and 4 hour candle. pay close attention to this pair. I have entered this trade on Friday, and have got a tight SL just incase it continues to drop lower, though highly doubtful. Due to Risk off...

TradeXMBL Nov 29, 2020

As you can see from my analysis the Kiwi has hit a roadblock, a quite major one. The trend is losing momentum and we will a rapid sell off shortly. Due to uncertainty, US getting pillaged by the virus once again and Vaccines not presenting real life applications especially the Pftzer one where you have to chill it at -70c for transportation and has short shelf...

TradeXMBL Nov 26, 2020

Looking at DXY oversold and clear exhaustion, looking at EURUSD, lack of direction and exhaustion of bulls... looks like we are in for a very volatile Friday. If price breaks 1.194 we are going to reach 1.2... However based on lower time frames, I can see clear H&S Forming, lack of substantial bounce from daily lows = we are in to test 1.185 area, and I think we...

TradeXMBL Nov 24, 2020

I've been following the Dollar + DXY very carefully over the last few days pairing this with news also. I strongly believe that before Kiwi goes on to reach further highs, there needs to be a long awaited correction which has been anticipated by retail traders. Investors will push the price one more time to 0.7 mark before selling off to the nearest strongest...

TradeXMBL Sep 12, 2020

Here we have a fascinating pair AUDUSD... Over the past few weeks we have seen the price being pushed higher and higher due to Dollar being extremely weak. However due to astonishing news on the USD inflation rate and good news regarding the economy - seeing a bounce back + high demand in the currency, it means that AUDUSD is soon about to take a down turn to...

TradeXMBL Jul 16, 2020

As we can see from EURUSD, a massive potential reversal pattern is forming, we have a neckline and one top with bearish engulfing candle rejecting the price, if there will not be a higher high within the next 4 hours, make sure to short this pair and cash in! Both Stochastic and RSI showing that the pair is on a decline too!

TradeXMBL Jul 10, 2020

Looking at this particular pair, we have some good signals of strong H&S pattern forming. Also, price rejections of 135.200 of 61.8fib rejection 2 times on the 4h candles suggest that this pair will go lower next week on Monday and then after for the rest of the week continue to rise as suggested by price action. Also on lower time frames there is a cup and...

TradeXMBL Jul 9, 2020

My earlier predictions came true and the pair decided to break down just before major resistance at 1.27 and it was where I decided to short this pair. This was a very obvious move as the pair was massively overbought and reached a very strong resistance area - this was confirmed by donchian channel + RSI. Pair dropped to 1.259 as predicted and now forming a...

TradeXMBL Jun 24, 2020

I have been paying attention to this pair over the last 24 hours and as you can see this pair is coming to a critical stage... Either A it holds the support at around 1.247 - 8 and goes higher or a further breakdown occurs to a suggested area on the chart. I strongly believe that long term this pair will be long as it broke a very strong downtrend and now it is...

TradeXMBL Jun 23, 2020

As we can see from the price action, the price was rejected at the resistance of 1.35 and retraced back down to 1.3 area. It held this area and did not break down further which to me it suggests that it was a temporary retracement more than bears pushing the price down again. With this pair, there are 3 options... Option 1 - Forming a higher low at 1.26 - 1.27...

TradeXMBL Updated  Jun 18, 2020

Potential head and shoulders pattern forming and a potential break of the up trendline on 4H timeline. I will be keeping on the lookout to see if the formation completes, if so I will be going short on this one.

TradeXMBL Apr 17, 2020

As you can see detailed on the graph, we are coming to a deciding line on this particular pair. Now if it breaks through either trend lines and also goes through support or resistance levels, then you will have a very good indicator to whether it would be a good idea to go short or long on the trade!

TradeXMBL Apr 7, 2020

As you can see on the hourly chart, the support level has been touched multiple times, The FIB showing positive and slightly bullish pattern. It will reach the hourly resistance levels before it retests back to the support level. What are your thoughts on this idea?