jwachania

jwachania Updated 

Overall trend has been bearish from the daily time frame However on the 240 TF we have a Double bottom pattern with Rsi oversold on 1st leg - signal for a bullish reversal On the 60TF we have a structure support that has been tested multiple times - buyers holding this zone - we even have a bullish candle push - also an entry signal Trade taken on the 15TF on...

jwachania Updated 

Bullish bias on GBPUSD Divergence on the 60min TF is an indication for me for a bullish price action push Coupled with an indecision candle on the Daily timeframe as well as divergence, we might see price push bullish Entry on the 15 min TF on retest of structure support with a bullish candle signal marked with a green arrow 1st target at 1.5R. If it hits then...

jwachania Updated 

Trading off price action. Looking for price to bounce of Resistance zone - sellers to come in and push price bearish as we also have buyers taking profit 1st target at 1.5R and move stops to breakeven Manage trade if it moves bearish to target 2R and 3R Fundamentally - Yen has been gaining strength as a safe haven across its pairs Good luck!

jwachania

After a bearish break through of the Pennant pattern we are seeing price pulling back to retest mid of the pattern Predict further bearish price action to test 0.007 - 0.005 levels In line with overall Crypto currency market bearish sentiment, that has recently been seeing pullbacks and consolidation as sellers take profit and buyers weigh their options to hold...

jwachania Updated 

SC/USD trend has been bearish overall as an adverse effect from the bearish crypto market We have formed a wedge pattern typical of a bearish break to the downside to test support level at 0.01 for potential buy zone Further dip

jwachania

We have formed a bearish flag pattern on the Daily timeframe, typical of bearish break in price If we test $28,800 and close below, price might push further down to between 18,000 - 20,000 Good luck....

jwachania Updated 

We are in overall consolidation but if we break structure support, we will be seeing further bearish movement. Looking to go for a quick in and out buy at minor structure on the hourly chart with a harmonic bat pattern entry. Target will be 38.2% level of X-D leg that will be adjusted with price movement, thus lowering overall take profit Good luck...