akeemkayodee
There is a yearly, monthly and daily divergence on NZDUSD and the yearly low is more likely to taken out,, either the current zone it is in now , or the next zone which is more likely to sponsor the sell, because the first zone has been mitigated and was used to sponsor the last sell and market is currently disrespecting it. SELLS TO COME.
This is a projection of what is bound to happen in the next 3 months. I have listed a bunch of reasons why I feel the market is likely to go short from this position. I will make edits and updates to this post as time goes on.
It's Just a Forecast of What we Might hope to see Entering the week. Important level highlighted.
As we can see, EURUSD is in the process of creating a market pattern known as Wyckoff Accumulation . We are currently at the fourth phase and we'll love to see EURUSD to close above the AR area . Take a long position when EURUSD close above the accumulation trading range. Use proper risk management Most importantly, have a nice holiday
AUDUSD is currently having resistance around the 0.73 zone which was a previous strong support zone and it is also rejected by descending trendline. We can also see a bearish divergence. We just have to wait for price action to take a sell. USE PROPER RISK MANAGEMENT.
A we can see in the chart above GBPUSD has just broken a downtrend and it seems too be retesting previous resistance a support and that is a valid time to enter the market. We just have to wait for the bullish pressure to kick in. Enter with proper risk management. LETS GO!!!!!!
Price is heading toward a psychological level at 1.4 and its a very strong resistance if we could see price action that signal a rejection( Engulfing candle) we can take a short backto previous support area
In this video i will be explaining the possibilities of having a bear run and i will also show you a scenario at which we could go long .... AND IMPORTANT TECHNICAL LEVELS TO WATCH OUT FOR ..