mightybullcapital

mightybullcapital

GBPUSD closed the week with such bearish engulfing move after a retest on a newly formed downtrendline. so if gu is to continue moving down then it should keep on respecting the zone at 1.1939 as its resistance & continue to push down by breaking below 1.1716.

mightybullcapital

GBPJPY if is to continue to push up to 164.758, then it needs to respect the uptrendline & the key zone at 159.962 as its support. A breakout of that key zone would be a breakout of the uptrendline leading gj to push down all the way to 157.869.

mightybullcapital

Gold if is to continue to push up, then it needs to respect the uptrendline & 1742.61 as its support. A breakout of that 1742.61 key zone would be a breakout of the uptrendline leading gold to push to 1733.82.

mightybullcapital

GU should continue moving up if it continues to respect the uptrendline. a breakout of the uptrendline or 1.1796 with bearish momentum would lead the price to coming down again to retest the key level at 1.1796.

mightybullcapital

GJ created a ranging phase from 162.022 to 161.106 which it needs to make a proper breakout of to continue moving in the direction of the breakout as mentioned by the arrows in the chart.

mightybullcapital

GU currently ranging in between 1.1870 & 1.1760. waiting for a proper breakout to look for trades on short timeframe

mightybullcapital

GBPJPY needs to make a breakout of the recent downtrend line to continue pushing up to 162.011

mightybullcapital

price might continue to go down in respect to the down trendline if it closes below 1725.16 with further bearish momentum. similarly it can go up as well if it closes above 1774.80 with further bullish momentum.

mightybullcapital

GBPJPY has a ranging phase from 162.673 to 161.249. We're waiting for a break and close above or below the ranging phase to look for further trades in the direction of the breakout on gj as mentioned by the arrows in the chart.

mightybullcapital

GU might continue going down to 1.1635 with further momentum if it breaks & closes below 1.1757 or it might go for some pullback to 1.1922 or go even higher if it breaks out of 1.1922 with further bullish momentum.

mightybullcapital

The expected move from the upcoming week is explained through the arrows & marked key zones purely based on price action.

mightybullcapital

The expected move from the upcoming week is explained through the arrows & marked key zones purely based on trendline & price action.

mightybullcapital

The expected move from the upcoming week is explained through the arrows & marked key zones purely based on price action.

mightybullcapital

The expected move from this week is explained through the arrows & marked key zones.

mightybullcapital

head & shoulder pattern formed on gu on a 4hr tf. looking for trades according to the pattern.

mightybullcapital

The expected move on this week is explained through the arrows & marked key zones.

mightybullcapital

gold looks to be going for some pullback after all the bearish run. the pullback could lead gold to 1745.30

mightybullcapital

price moving in respect to an uptrendline. looking for long entries when price makes a breakout of 1.1929