jefferson_the_chartist

jefferson_the_chartist Mar 2, 2022

GBP/USD has been on neat downtrend since January this year and we currently see an M pattern formation on the daily with resistance below neckline, we might as well continue bearish if we keep seeing resistance below neckline as marked on charts. I will consider going long only if I see signs of strength above level A as marked on charts since it has consistently...

jefferson_the_chartist Feb 14, 2022

Gu is currently showing signs of resistance on the daily and we are likely to see some bulls for now considering the W pattern formation on the 15min

jefferson_the_chartist Feb 14, 2022

Gu is showing signs of weakness on the daily timeframe and considering current priceaction, weakness below either level 1 or two will indicate a bearish market for sometime

jefferson_the_chartist Feb 10, 2022

GU has been bullish so far this week seeing a short correction to a major psychological level yesterday, we are likely to see it go bullish if we see a break and retest above structure, if not we may consider going short if we see STRONG resistance around structure

jefferson_the_chartist Feb 10, 2022

We are currently seeing a break below a major structure on the USD/CAD and we are more likely to continue downwards if we see resistance below structure or a strong shift below

jefferson_the_chartist Feb 8, 2022

We saw USD/CAD bearish for the most part yesterday and we see a double top resistance below a key level of structure and hence, we might consider a downtrend continuation

jefferson_the_chartist Feb 8, 2022

We saw a break and retest of structure from yesterday and considering the bullish sentiment on the longer timeframe, I'll be bullish till at least 1840 region till any further reaction

jefferson_the_chartist Feb 7, 2022

If we keep seeing resistance here we might as well consider going short for some time, the buy scenario seems less likely as of now

jefferson_the_chartist Feb 7, 2022

If we keep seeing resistance here we might as well consider going short for some time, the buy scenario seems less likely as of now

jefferson_the_chartist Feb 7, 2022

I'll be looking short on the euro if I see a break below level X(1.14192) which served as a level of support last week Friday, there is a high probability of a break and slight retest before going bearish, my target will be 1.14129

jefferson_the_chartist Feb 6, 2022

Gold was bullish last week overall, despite a few strong bears towards the climax of the week Gold is more likely to be bullish from what I see but I won't be making any comfortable trade decisions till I see price reaction above or below levels X or Y

jefferson_the_chartist Feb 6, 2022

We saw USDCAD bullish for the most part of last week, with a correction to the downside which for the most part looked like a range, the week ended bullish and is likely to continue this week if we see weakness around level B as marked on the chart

jefferson_the_chartist Feb 6, 2022

US30 was bullish last week until we saw what looked like a correction at the latter part of the week, we are looking forward to a bullish week if we see resistance above level X as marked on chart

jefferson_the_chartist Feb 6, 2022

Good pips traders! It's another gorgeous trading week and I'm here again with my view of the market GU began last week on a bullish note at point X as marked on the chart only to reverse on Friday at key level B, I expect the market to be bearish for at least the first two days of the week before any further moves.

jefferson_the_chartist Feb 1, 2022

We saw a resistance around the 1.2777 region which previously served as resistance, after seeing a head and shoulder formation with clear signs of weakness, I've decided to short till 1.25652 region which is a strong level of previous support.

jefferson_the_chartist Jan 29, 2022

We are likely to see a downward continuation on XAUSD, It currently seats at the 1790 support level level 1808 is the nearest level of possible resistance which may serve as a push for a long or short term sell

jefferson_the_chartist Jan 29, 2022

Our approach will be reactive rather than predictive here, price is currently at level 1.32839 which served as a level of support for the December 21 rally therefore seeing resistance around this level will suggest a possible short term rally

jefferson_the_chartist Jan 29, 2022

Gu is likely to sell till level 1.3200 which served as a level of support if it fails to break above level 'A' 1.34432 which served as a region of support and resistance last week