UncleBullFX

UncleBullFX Updated 

Simple and clear. Trendline broken, retest and fly? This pair hit the 0.64400 region for the first time since 2009! And it is showing great signs of bullish sentiment. Looking at the daily candles price action alone shows that there is many buyers that are buying the new "low". Moreover, the "medium-term" bearish trendline is now broken, which further suggests...

UncleBullFX Updated 

There is a strong daily support zone at 1.2774. On Friday, the pair made a false break-out of this support level. Looking to buy on the re-test of support area. Our target is 1.3 and stop loss is placed below the daily wick. Aiming for 200 PIPs profit with a 65 PIP stop loss. Risk ONLY: 1-2% of your acccount. Be responsible! If you want live updates for this...

UncleBullFX Updated 

Looking at the EURUSD, obviously the overall trend is still bearish. As you can see on the daily timeframe we’ve had a long sequence of bearish candles. The main reason of the Euro dropping is due to the spread of the Corona virus in Europe. We can notice that on Friday, the market has started to consolidate between 1.781 and 1.831. It looks like it has finally...

UncleBullFX Updated 

Here we can clearly see that the market has reached a very strong area of resistance. You can tell by the huge amount of rejections from that area (shown in graphs with arrows). So we can expect a strong pullback from this area. We have to be very smart on where we place our stop loss, because the market may push to the upside, activate everyone’s stop losses,...

UncleBullFX Updated 

Here we can see a very simple trade to be taken on the Short-term bearish bias. CADJPY has reached strong daily resistance area. Possible Double top (strong resistance) with multiple rejections. Aiming to short the reversal, with the stop loss place above previous wicks as shown the graph. On another note, a pullback to 38.2-61.8% Fib would be considered as a...

UncleBullFX Updated 

Clean and simple chart. Trade with care. Enjoy

UncleBullFX Updated 

We see that Bitcoin is currently living inside a downside channel. Creating Lower Highs and Lower Lows. We are expecting the bitcoin to continue dropping in value, as Stocks and equities continue to soar and institutional money is surely not leaving the stocks market anytime soon. Let's see how Long-term forecast will play out...

UncleBullFX Updated 

Simple break and re-test. Wait for the 4H candle to close above and LONG it. Enjoy

UncleBullFX Updated 

Simple break and a clean re-test. Clean Fib. Enjoy

UncleBullFX Updated 

The USDCAD is struggling to push higher, with multiple wicks forming around the 1.33 area. This is the same price that caused the USDCAD to plummet in the past. So, if history repeats itself, we are going to see another meltdown on the USDCAD. The "strong" bull run's Trendline is also breaking down. Use appropriate risk management, stay responsible! Good Luck

UncleBullFX Updated 

Brexit delivered. Now is the time for the GBP to get strong. Moving in a HH and HL structure, it is looking prime for a serious upside movement. Use Risk Management, stay responsible.

UncleBullFX

Descending Channel. Counter trendline broken. Lower high in, expecting a lower low to come in play! Use Risk Management, stay responsible.

UncleBullFX

Clean and simple chart. Expecting GOLD to retrace back to $1525-23 before making any further decisions. Trade with care. Enjoy

UncleBullFX

Clean and simple chart. Trade with care. Enjoy

UncleBullFX

STRONG rejection from $1,600. Huge sell-off is expected to continue during Q1 2020. On the technical side, there is a clear break of the upside trendline. So might see a quick $20-$30 drop very soon. P.S. Yes we know what happened with out last analysis, but this is the market, you are never 100% correct. For that, we'd like to leave the following quote: “The...

UncleBullFX Updated 

Clean break up from the trendline & retested. We are now looking for the upside! Enjoy & merry xmas!

UncleBullFX Updated 

Clean and clear: Breaking down. Enjoy & merry xmas.

UncleBullFX Updated 

Simple break of trendline & re-test. Now what? move up! Enjoy