nbnkuleko

nbnkuleko

1. Monthly 50 EMA acting as resistance 2. 61.8% fib retracement level resistance 3. Descending trend line met

nbnkuleko

1. Ascending channel to form resistance. 2. 61.8% retracement from initial upward move.

nbnkuleko

1. Psych level 1.12500 is a strong resistance zone and price seems to be forming a head and shoulders pattern around it. 2. Enter when neckline is broken.

nbnkuleko

1. D leg completing at psych level at 0.69000. 2. D leg also completing at demand zone . Look for entry / reversal patterns around 0.69000 before going long :) Goodluck!!!

nbnkuleko

1. Weekly bat pattern completing on a fresh supply zone and psych area of 134.500 2. Completion also at 61.8% retracement level of overall downtrend.

nbnkuleko

1. Price reached a historic resistance level which matches upper bound of ascending channel. 2. RSI bearish divergence also formed. 3. Consider selling once price breaks bottom level of ascending channel.

nbnkuleko

1. After halting a bit on it downtrend, the pair has exited and retested the sideways channel. Good opportunity to sell right now.

nbnkuleko

1. Price has reached historically respected psychological level of 109.200. 2. This level matches 50% retracement of overall uptrend 3. Level also resting on 200 EMA as support of weekly timeframe

nbnkuleko

1. D leg reached at quite a strong resistance level. 2. Prices reached 200MA level which generally acts as dynamic support / resistance. 3. Completion also matches with bigger downtrend 50% retraceement level. 4. RSI currently oversold which gives a further signal to sell.

nbnkuleko

1. Bat pattern completing on historic demand and support zone which should hold as resistance increasing chances of prices going lower.

nbnkuleko

1. Price has completed 2 double bottoms and has returned to the 61.8 retracement level of the uptrend 2. The 61.8% level also matches up with a significant supply zone of 111.000 (psychological level) which should act as resistance.

nbnkuleko

1. Price re-testing a historic psychological level of 90.00. This price has provided support and resistance for a lot periods. 2. Resistance level also matches 88.0% of downtrend retracement. 3. RSI Bearish divergence.

nbnkuleko Updated 

1. Prices have reached 88.6% of the bat pattern. 2. Also retesting a historic supply zone which matches the 50% retracement of the downtrend.

nbnkuleko

1. GBPJPY seems to have completed a bat pattern setup (signalling continuation of daily down trend). 2. D leg matched nicely with 200 EMA which is providing dynamic resistance to price action.

nbnkuleko

1. Price to bounce off 1.4600 psychological level which also matches 0.50% fib level. 2. Bullish RSI Divergence.

nbnkuleko

Typical buy on breakout scenario on the 30 min TF. Happy trading guys :)

nbnkuleko

The EURGBP pair seems to be forming a bat pattern. Might consider selling at soon as we reach D leg level. Happy trading guys.

nbnkuleko

After rising, AUDCAD has halted on the 1.01000 psychological level which also coincides with the 61.8 fib retracement level. Once this pair closes below 50 EMA, I'm going short!!!