We see a nice key level on gold, I will open a sell @1485 and a SL@1488 with my TP@1475
BTCUSD tested the 61.8 levels on its recent fall, monetize BTCUSD to see if it will go long or short.
As we look at this chart we see a possible long on this pair from the trend channel that has been in play since August.
Structured support,Gold to the downside possibly
As we analyze this pair on the H4 we see it is at a previous support and now a possible resistance and if you look on the daily this was used as a support many times on this pair so we may see a sell soon to come.
As we analyze this pair we see a trend channel in play and it is building its 3rd level, possible short or break of trend soon to come.
Here on EURUSD we are looking at a potential 90+ pip long position based on previous price action we see that we will have our TP @1.11400 and a Buy order @1.10450 for next week.
Good evening to all I know I have been inactive but that is because I have been focusing on strengthening myself in Forex which I now feel I have a strong knowledge for so therefore I will be very active now on. We are looking at a nice buy on GBPUSD , As we analyze this chart we have key consolidation levels @2.1800 and we had also just seen a break of the...
Here on the H4 on NZDUSD we have a valid Cypher pattern, we have a little more falling to do until it reaches point D and then we can set our entry @0.65650 and our SL @0.64800 and our first TP will be @0.66500 which is an 80 pip move.
Here on EURNZD we see previous patterns happening on the H4 we see a downtrend then uptrend all the way until it breaks the cloud then a downtrend again which has now turned into an uptrend which i called out 5 days ago and it is now about to break the cloud again and we may see a possible short coming.
Here on the H4 chart on USDCAD we know that the Fibonacci Retracement tool has key levels at the 0.618 and will most times hit that level then drop (when looking for a downtrend), we also can see that at a previous time in the market it did react with the 0.618 levels and then fell to lower lows and lower highs. Now another tool we used on this analysis is the...
As we see on the day chart we see that EURUSD is at previous resistance and is also hitting 2 month lows, this is showing us that we may see a possible uptrend in the making.
As we see on the H4 chart on EURNZD we see that it has been in a previous downtrend then uptrend and as we look at the chart we see that pattern possibly starting to happen again and we are also oversold on the RSI after it has been in a downtrend again so we may see a possible uptrend soon to come.
EURGBP has been on an uptrend for weeks on the week chart and is overbought on the RSI, we should see a downtrend soon to come.
By looking at the chart on the H4 we see that it has been bouncing on previous support and previous resistance so we may see that happening again with a big pip move.
Looking at a long on GBPCHF we have been in a downtrend on the week chart and RSI is also showing that we are oversold