TraderTitus

TraderTitus

The UPTREND on EURJPY is still intact, price got rejected from the 2019/2020 resistance zone. Price is going down to retest the UPTREND LINE extending from 2020 May low, which also align with the minor horizontal resistance zone @ 125.00, price broke up the zone November 2020, clear rejection in this zone will set price higher, probably clear off the...

TraderTitus

Dollar Index is making a right notion with the range bond zone inside which price been trading since 2016. Price got rejected approaching the support level of the range @ 88.90, a zone where price haven't traded since 2018, the rejection is worthy, with a weekly PINBAR the first trading week of 2021, with upside continuation last week. It obvious price is going...

TraderTitus

EURUSD still in this UPTREND we had through the year 2020, price is reversing to retest the highs from last year, and also the UPTREND LINE from 2020 March lows. I will be looking out for price action @ 1.2000 and if a deep retracement, then i'll be expecting buyers to defend the lower support at @ 1.1920 to continue the UPTREND, with target @ 1.2500 WHILE, a...

TraderTitus

Price is still trading above the 20years WEDGE PATTERN i outlined last week, we saw buyers holding the resistance turn support level @ 1.3470, while the minor zone i talked about @ 1.3740 didn't give way for more upside, so price rotate lower. Going into the new week, we will be looking at price action at @ 1.3470, if buyers will once again defend the zone, that...

TraderTitus

We've been following GOLD for a while now, the pair doesn't seems ready for the possible bullish continuation yet. Price is still trading in this BULLISH FLAG outlined on the chart, we saw rejection from the resistance of FLAG, and now we've this small range bond zone between @ 1820.00 and @ 1861.00 A push below @ 1820.00 with retest holding will set price lower...

TraderTitus Updated 

In my opinion GBPUSD is technically preparing for a long RALLY, it worth to keep track of the breakout of the 20years WEDGE PATTERN on the pair, price breakout of the pattern @ 1.3340, with several weekly and December 2020 monthly close above the said pattern, which also give us several weekly and December 2020 monthly close above the horizontal resistance zone @...

TraderTitus Updated 

GOLD is looking really interesting right now, i'll like to analysis this as it seems to come with an awesome risk reward ratio. Price is still technically in it all time UPTREND, also it worth to take note of the sideways trading we've been experiencing on the pair since we hit the all time high @ 2071.00 in August of 2020, now it's seems like we are having a...

TraderTitus

This is just an update of my analysis on NZDCAD from last week, i mentioned the possible rejection as price was approaching @ 0.9260 zone, which is a zone of resistance since 2018 through 2019, price get rejected just as said. Overall price is in an UPTREND on the big timeframe, we also have this recent UPTREND line extending from October 2020 lows till date, a...

TraderTitus

NZDCAD is looking interesting right now, i was trading this pair through out 2020, i was trading the trend continuation also taking reversal with feasible target. Lets take a look the scoop on NZDCAD weekly chart, price is getting back to a resistance zone from 2018, 2019 @ 0.9250 zone, this can be considered double top which is textbook kind of reversal pattern,...

TraderTitus

EURJPY on the big timeframe, we're still trading inside the MULTI_YEAR WEDGE PATTERN, price is so bullish inside the WEDGE trying to reach to the resistance zone of this WEDGE PATTERN around 129.40 zone. Price is at the level it has been rejecting since 2018, it's a level of support turn resistance from 2018, looking back to the left at 127.00, price is so...

TraderTitus

CADJPY is technically in a downtrend making several lower highs over the years, on the weekly chart, with a perfect trendline extending from 2017 till date. In December 2020 price did find it way back to the resistance zone of the trendline on the weekly chart and got rejected, with a weekly PINBAR in the 2nd week of December 2020. Taking it to the 4H chart,...

TraderTitus

NZDUSD price is technically in an UPTREND trading outside this ascending channel, and also taking out the highs from 2018 acting as resistance since 2018 @ 0.6950 zone. We are now seeing rejection, following a DAILY PINBAR printed on Thursday, i will be looking at price action at the retest of the ascending channel resistance zone, also we've those 2018 high(s)...

TraderTitus

EURUSD price is still in this long anticipated UPTREND, following the break above the multi year wedge, with now a break above this BULLISH FLAG on the daily chart. Price is now approaching a minor of resistance from 2018, i'll be looking out for price action in this zone. Either we find rejection with rotation lower, with target for short trade at next of...

TraderTitus

On GBPAUD seems like we might have a rally either side anytime soon, price been trading below the 4years BEARISH FLAG, finding resistance at @ 1.8445 zone several times, now trading in a range bond zone between the new resistance 1.8445 zone and 1.7570 as support. We've this wedge pattern on 4hrs chart within the range bond zone, a break out to either side will...

TraderTitus

DXY is still trading inside the range bond zone between 103.00 as resistance and 88.60 as support. Inside this range we've this downtrend since we got rejected from the resistance zone during Corona Virus outbreak in March, now price is back at the support level @ 91.70 where price haven't traded since September 1st. Rejection in this zone will set price...

TraderTitus

GBPNZD is showing a similar setup with GBPAUD, price is yet in his all time downtrend since year 2000 till date, On Friday we saw price break below this horizontal support @ 1.9035, also below the big BEARISH FLAG inner which price have been trading since 2016. I will keep an eye on what the monthly close will looks like on Monday, while a retest holding of the...

TraderTitus

I think we've a number of opportunity to ride a few trend that might run for long going through the ending of the year into the new year 2021, i find GBPUAD to be one of the pair that's already picking a direction of movement going into the new year. GBPUAD is yet in his all time downtrend since year 2000 till date, In June 2020 we saw price break below this...

TraderTitus

It worth to see things starting to play out on EURUSD, the UPTREND is now showing a sign of possible continuation I've been talking about this multi year WEDGE pattern on EURUSD, price is trading above the multi year WEDGE PATTERN in the weekly big picture, we broke above the WEDGE pattern in July, since then price been consolidating, trading side ways while also...