thecurrencysniper

thecurrencysniper

My bias on EURJPY is bearish as price has been in a bearish channel for some days now. As of right now price is at my D1 ext target which is also confluent with the -27 EXT and the support level of the bearish channel. From here I am anticipating a corrective pullback before price continues to the downside. With my downside targets being 127.9 . A good way to...

thecurrencysniper

Since breaking market structure, price is has been looking bearish. In addition to this trend shift, price has also created a bearish channel. With a third hit of the channel resistance and a doji daily close (indecision, reversal candle, slowing down candle). I do think price will move lower and possibly come down to 132.52 as my first downside target then ...

thecurrencysniper

From a longer term perspective Gold has been in an uptrend. That was until price hit the highs of $ 2,070 . From here price has pulled back significantly and was under heavy bearish pressure. That was until price pulld back into the Weekly order block ($ 1,745 ). From here price bulls came out on top, price consolidated a bit before breaking prior market structure...

thecurrencysniper

SIMPLE ABCD PATTERN. BEARISH CHANNEL FIB REJECTION OF THE 61.8 LEVEL. SHOOTING STAR WEEKLY CLOSE. DOWNSIDE D TARGET LEG, CONFLUENT WITH LOWER BEARISH CHANNEL SUPPORT AT 1.2261 .

thecurrencysniper

EURUSD IS LOOKING BACK BULLISH. AFTER A DEEP PULLBACK INTO THE 78.6 FIB, PRICE FOUND STRONG SUPPORT, BROKEN OUT OF THE BULLISH FLAG AND HAS WE HAVE SEEN 3 BULLISH WEEKLY CLOSES. IT NOW LOOKS LIKE WE ARE HEADING FOR THE D LEG AROUND THE -27 EXT, PRICE 1.255 .

thecurrencysniper

AUDUSD has been in a long term uptrend. After making higher highs and higher lows, price has most recently broken market structure, pulled back to the 78.6 Fib level and has rejected it nicely on the weekly closing as a bullish hammer. I am anticipating price to now continue on its upwards trend with my final targets for this pair being at 0.81260 .

thecurrencysniper

USDCAD has been in a bearish down trend for quite a while now, and it does not look like it is going to be ending anytime soon. From my previous USDCAD you will be able to see the short trades i have taken and my bearish analysis which i've had. As of right now price is at the support level of a bearish channel. I am anticipating a pullback into the resistance...

thecurrencysniper

Posted my AUDUSD WEEKLY chart last week and how i was looking for longs as the higher time frame was still bullish. And this week gave a good 1:3RR trade which i took. Price action is still bullish to me so i am looking for longs going into the next trading week. Here on this 4HR chart you can see price was in a bit of consolidation before breaking out to the...

thecurrencysniper

My bias on this pair has been bearish for a while now and that isn't changing anytime soon. After being stuck in a bit of consoldation last week i was waiting for a daily break in structure to confirm lower prices. Price broke that structure on that last day of the week (friday) and didnt give me an opportunity to get in short. However going into next week price...

thecurrencysniper Updated 

Price is currently in a consolidation phase on the 4HR timeframe after putting in higher highs and higher lows. I am anticipating a break in the range to the upside due to higher time frame confluence. If price breaks the range i am expecting expansion to the upside with target 1 being 84.95 and target 2 85.81

thecurrencysniper Updated 

From a Weekly perspective price still making a sequence of higher highs and higher lows. Price has made a new higher high pulled back and i am now anticipating a new higher low to be made. If price does put this higher low in and continue the uptrend. My first upside target will be 0.80070 . My second upside target will be 0.81260 .

thecurrencysniper

This pair has been range bound on both the monthly timeframe and the weekly timeframe since as far back as July 2020. After rejecting the support area of the range, price looks as if now it is heading for the range high (resistance) level and i am anticipating it to get as high as 1.84 in the medium term. As of now price has broken the counter trendline as...

thecurrencysniper Updated 

Reverse H&S Pattern setup. Looking to long. Target is 0.78212

thecurrencysniper Updated 

Simple ABCD Pattern forming on GBPAUD Will be looking to enter long tomorrow with a price target of 1.7966

thecurrencysniper Updated 

Price been in long term downtrend for months. After a deep pullback it looks like price is on course to moving lower and putting in a potential lower low long term at 1.2360 . Nearer term downside targets are 1st 1.2590 2nd 1.2520 3rd 1.250 and if that breaks then 1.2360 .

thecurrencysniper Updated 

Trendline been respectedd for 3rd time. Eyeing 0.79164 as next upside target. From a weekly perspective.

thecurrencysniper Updated 

Clear chart! You see what i see? Bull flag, pullback before Gold flies??

thecurrencysniper Updated 

1HR Short setup on USDCAD! Targetting 1.259