gunhy

gunhy Updated 

Price rejected the 2461 level thrice. Faked out once in the form of the head. Entering a small long trade here as price breaks above the neckline

gunhy Updated 

1.50 is a massive support zone. Aggressive buyers have been taken out earlier. Now we have an opportunity for a long trade. A wider stop can be considered for conservative traders at the expense of lower reward.

gunhy Updated 

Price has broken out of the H4 timeframe downward channel. Now it formed a pennant and broke above. Entering a long trade on this retest

gunhy

Gold had just broken above a pennant pattern earlier. Now we have a long entry as gold broke above this resistance level which is also the Asian session high. If you look closely there is also a subtle HnS pattern prior to this breakout.

gunhy

Shorting this bear flag breakout to the downside. USDJPY needed a retracement, and the bull flag was it. Price action confirmed the move down at London open.

gunhy

EURUSD has broken out of the pennant formation. Watching for a daily candle close above 1.098

gunhy

Waiting for a retest of the recently broken low @ 0.649

gunhy

Price has been going up for an entire month, and there is no sign of exhaustion. Also given the fundamental factor of investors going risk-off at this time of uncertainty, I expect USDCAD to continue going upwards. On the technical side, we can see price broke above 1.386. It was retested and rejected with some good momentum in the early hours of London session....

gunhy Updated 

RSI oversold. Price revisted the 1.283 zone following NFP and is being rejected strongly.

gunhy

Stocks and crypto are down amid recession panic. Where does money go when people are afraid? Gold. I believe gold may reach new highs this week as investors move away from speculative assets. The fundamentals behind this is too big to ignore. From a technical standpoint we can see that price has bounced off the 2410 level twice now, and currently possibly the...

gunhy Updated 

AUDUSD failed to retrace to my expected entry zone, showing strong bear presence. RSI divergence printed, price action bounced off pennant, sell opportunity

gunhy

So many trade opportunities, chopping down each level so clearly. But watch out; when the market prints such obvious "textbook" opportunities, institutions are standing by to take out the retail traders. We will be tested to enter the trade too early only to get stopped out- my previous trade was victim of such manipulation. Wider stop losses is good practice.

gunhy Updated 

Gold did not retest the bull flag from earlier, indicating strong bullish power. Now a pennant has formed and broke out

gunhy Updated 

My last publication on AUDUSD did not go as expected; price broke below the rising wedge and plummeted over 250 pips from the peak. Now the consensus is bearish. We can look to hop on the bandwagon when price corrects, and I expect it to be around the 0.659 level.

gunhy Updated 

Following my previous long call on USDCAD at the very bottom of the range, which blasted through all 3 TPs and beyond, we are seeing now a double bottom merged within a broken triangle pattern. Will price pull back to the neckline resistance and give us a long entry?

gunhy Updated 

Price broke out of the hourly downward channel. A bull flag formed and price broke above. All signs point upwards- now just wait for an entry opportunity

gunhy Updated 

what comes after >🎢? down and down we go we'll torch this place we know

gunhy Updated 

USDCAD bias is bullish as we broke out of the large H4 consolidation range. Bull flag formed and broke above, it retested the bull flag and is now showing signs of a reversal