khalilmcmillan

khalilmcmillan

USDJPY has been on a nice uptrend for a while. Now that it has broken structure on H1 and made an engulfing on H4, we can start to see the pair make its correction. If the pair can closed below the daily resistance, we can see the pair continue down for some time.

khalilmcmillan

Right now, I am trying a new strategy for trading countertrends. AU has just broken H4 structure around the purple circle. Once it tested the daily resistance at its trough, it made a strong bullish engulfing candle on both H1 and H4, meaning there may be enough sellers in the market to continue the countertrend to retest the trend line. If the pair can retest...

khalilmcmillan

GJ has paused its uptrend at a supply zone found on the H1 timeframe. Because of the strong push, crossing of the EMA and SMA, potential double top formation, and a recent break of the previous low, I believe we will be able to see the pair continuing down and wicking to the 61.8% retracement level. If this next H1 candle closes below 144.339, I would short the...

khalilmcmillan

NU broke the consolidation zone on H4 and is on its retest. We can eagerly see more upward movement.

khalilmcmillan

Showing on H1, GBPJPY broke out of a consolidation zone and finally did a last kiss. It is in the middle of retracing, but should be ok to continue from here!

khalilmcmillan Updated 

After this strong downward movement, UCAD clearly breaks structure bringing us to a confirmed, new downtrend. My early short bias is because of the strength of the downtrend - it won't retrace too much before continuing.

khalilmcmillan

Although UJ has broke structure on the hourly timeframe, I believe that it will continue upwards seeing as it hasn't broken structure on H4. 3 Confluences: - Uptrend - H4 Indecision Price - H4 indecision price is at the 61.8% PRZ level.

khalilmcmillan

UJ has been slowly going up since the 9th of January, and it's almost time for it to take off. If UJ closes just before the 38.2% retracement line, I would expect it to test the small wick area before heading to the moon.

khalilmcmillan

NZDUSD has been on a strong uptrend for almost 2 weeks. If this pair can close near 0.687 we can easily see the pair reaching 0.68558.