kennyspence

kennyspence

The past is the key to the present and we may having a grand tour on what that means... The chart psychology predicts that at this time 2019 moving to 2020 we see price at the R zone taking a bearish rally down to the WRTL RZ.... Fast-forward to current price it is no coincidence that price is at that R zone at the same particular period now in this case moving to...

kennyspence

A triple bottom formed on our S1 few months ago, and interestingly we have a RZ just below the S1 zone giving a possible bulls strength coming with price recently coming to retest the neckline giving a WRTL PEP close to the neckline we are still on the bullish USDJPY detty december finger crossed

kennyspence

After a remarkable employment value on CAD last week, Technically we see price forming a double top on M15 tf Fundamentally n Technically i am ready to drink with the bears and go short either way we move

kennyspence

USD have my december vote on this particular pair Technically few months ago we saw a break of the Rsl and a successive bulls strength, last month it is normal for the bears to flex their power with ADP Non-Farm Employment Change released later today... i want to see the bulls continue to dominate their force at-least for the detty december to the WRTL RZ and...

kennyspence

well interestingly we can say the bears have the rest of 2021 "Technically" i will expect an early recovery from the bulls in 2021 since the Ssl coincides with the WRTL RZ so short no long later either way we move making your entries, i recommend strictly on an high of D1 to short the pair to at-least the Ssl. WRTL et God Grace

kennyspence

Overall trend of EURJPY shows the bulls are in charge.... after several days of bears taking over the bulls market we can then ask ourselves a question of WHEN SHOULD WE BUY? rather than saying the bulls are back. Buying EURJPY at the low seems like a good idea since the S2 level as shown in past (as far as feb 2021) that the WRTL chart pattern of this zone as...

kennyspence

Intra-day we "could" maybe sense the roll on Gold but looking at the chart psychology on a weekly tf we could see that price have been obeying both the Rsl and Ssl but interestingly bulls always seem to reject price at our WRTL PEP giving us a sense of Gold rolling over coming up at the previous intra-day setup. Maybe just maybe if price close for the week below...

kennyspence

Price approaching WRTL PEP which coincide with not only our S1 but also having a WRTL RZ slightly below the S zone We look for the bulls to at least push price up to the R zone and completing a Inverted HnS finger crossed to see Gold on the roll

kennyspence

After months of maintaining the max Ssl, price broke out and had gone for a retest but the bears failed to stand their ground... Over to the bulls to retest the Ssl giving a WRTL PEP... i wouldn't be so sure if the bulls will stand their ground after a retest but finger crossed Fundamentally i am for GBP which makes me want to go long, price reaction at PEP zone...

kennyspence

Personally i want to ride the price up to Rsl but take nothing away from the bears at the moment as i look to maybe join the slope to at-least my Ssl then see how my WRTL PEP react to price. Bias still neutral until i get to my PEP .

kennyspence

NOV 10: Price forming a double bottom at the S1 giving a WRTL PEP but we cant be sure of the S1 holding the force of the bears in JPY we look closely at price action at our PEP zone and our POI zone to make a possible bullish call, like i said we cant rule out the bears force, if price go below WRTL POI then the bears will try to push price down further to the S2...

kennyspence

I am all in on USD fundamentally and i needed my technical backings which made a WRTL PEP at the S1 zone giving the right price action at that zone i look for price to at-least get to the R zone and maybe we test the HIGH WRTL et GOD Grace

kennyspence Updated 

Intraday wise i will go for short and to swing this pair I'm also going to go short on the pair..... after WRTL PEP had giving a go on the short, we can take the short step by step from S1 to the demand zone to S2 (more like having 3 Tp) Locking profit should be the priority maybe price will fall throughout the month either way we move

kennyspence

Price forming a double bottom at the S1 giving a WRTL PEP but we cant be sure of the S1 holding the force of the bears in JPY we look closely at price action at our PEP zone and our POI zone to make a possible bullish call, like i said we cant rule out the bears force, if price go below WRTL POI then the bears will try to push price down further to the S2...

kennyspence

Price is currently at WRTL PEP which we can take advantage of to get a good R:R On a daily tf we see price giving a bullish engulf price action indicating buyers are around but we won't rule out a retest of the S1 zone so we can short the pair on an intraday sytem and look to get a long shot at the bulls to at-least get back to the PEP and drive straight up to...

kennyspence

We have price moving from our demand zone with a bullish engulfing candle stick kick starting a royal match up of price last week Once again price has retested the demand zone and buyers are taking the match maybe seriously with the price opening slightly above the retest zone... so i expect price to at least touch the WRTL POI and that dictate the movement of...

kennyspence

It is always a good idea to sell in a downward trend and buy in an upward trend the trend is your friend wrtl poi is a place i will like the bears to push price downward then wait for further clear directions to the second poi

kennyspence

After having a falling wedge play out well over several days and we saw a sweet and clean breakout and a possible retest of that zone. well without a long look at what we might have in stock, diving into WRTL... we can see the bull power at our WRTL BOS zone could this be the continuation of a long awaiting bullish market finger crossed WRTL et GOD GRACE