Price has been pretty choppy, from HTF price could possibly be forming a falling wedge which can send price launching up. My target is 0.88500
Im shorting xauusd to 1898.250, price formed a tweezer top just above resistance. Price hasn't retested 1898.250 area after the breakout
price can possibly break out and go long. Price is in a corrective phase, my target is 0.88750.
If price can retrace into 133.50 - 133.250 levels I will be looking to go long. Target being 134.250 - 134.500
GbpChf Analysis: Expecting price to sell off to 1.23668. Price rejected off of resistance 1.27968. Price formed a evening star too. It is possible price can continue up use to the corrective nature price is in
EurJpy Analysis - Its possible ascending triangle Is forming. But I'm expecting price to sell off to 131.171 or even 129.750
eurchf analysis: price can possibly sell off. Price has broke structure and has broke support but price does seem a bit corrective. A pullback could possibly happen but I'm expecting price to reach support #1 (1.08307).
The possibilities that can play out scenario #1 (yellow): price can retest support then take off scenario #2 (red): price can head back to resistance and possibly form a double top. Price did struggle to break it previously
Price broke structure, retested it and continued dropping, price broke the next support and retested it on Friday. Before the market closed price formed a evening star on the 1H timeframe. Its possible price can continue to sell off .. possibly to 148.750
This might be it the true reversal to get GJ back up. I say that because price has been breaking structure and not retesting it. Recently price retested a major structure and now price has fallen again and is possibly retesting another major structure. These are structures that price has broken in the past and hasn't retested at all. Where price is now could...
Price is at a significant area; this is the same structure that price formed when the double top was made. Price broke it and sold off but never retested it to confirm it as a resistance. Price ended up retesting a previous structure it broke but retested it as a support and now price is where it is now. On the way back up price approached that same structure and...
Price is still in an uptrend, I just realized that price didn't retest a structure it broke in the past. Recently price broke structure and formed a double top but price never confirmed that structure as it fell and ended up retesting the double bottom it formed on the 2nd of March. Price got to that structure and retested it, before it reversed it formed a...
Price is in a corrective phase, its possible price can sell off with this area possibly being the lower high. Price formed a evening star on the 5H just above structure which indicates price can possibly reverse. The index of the yen also shows that the yen formed a morning star at support as well so its possible that the yen can gain strength.