vj20_fx

vj20_fx

This pair has been in a strong down trend creating perfectly made lower lows and higher lows. I believe price will carrying on reacting to this trend by bouncing off the trend line continuing down to make yet another lower low. I have put my SL just above weekly resistance in case price breaks through trend, it may reverse of that major resistance line. I have put...

vj20_fx

I predicted this uptrend from 9 days ago and I believe it will continue. It has now broken through the major trendline and I believe price will retrace back down meeting major and minor trendline before carrying on the strong bullish movement. I will be entering this trade once price retraces until 1 fib support.

vj20_fx

On this pair, we have a bearish trend with some strong bearish movement and bullish retracements. I am uncertain that the trend will continue as it has not created a lower low but instead bounced off the .786 Fibonacci support. I am quite certain price may rise if still following trend and if not it will create a new high to begin an uptrend. Either way, I believe...

vj20_fx

Here I have seen a strong bullish price action therefore I am deciding to follow trend. I am trading a bounce of the trendline and 0.5 Fibonacci Support. I have confirmed my trade by the doji candlestick sitting on both trend and fib lines.

vj20_fx

After a strong bearish trend, we have a very precise double top formation which shows price struggled to make a higher high. I have placed a neckline for entry and entering a short position traditionally putting the TP the same length from neckline to the double top.

vj20_fx

Here I have spotted 5 doji candlesticks in a row which may result in a strong bearish or bullish move. I have seen a strong bullish candlestick so I will wait for further confirmation (current hour candlestick) to enter a long position possibly. I don't believe a strong retracement will take place due to the indecision prior.

vj20_fx

Up and coming long. I think the low of GOLD will be either weekly support or .236 fib support. This would create a higher low for a trend that may start to form. I am waiting to go long instead of going short now due to patience and more PIP's.

vj20_fx

This pair has been making very good and precise use of the Fibonacci supports and resistances. It was very indecisive from 2 days ago where price had consolidated on the 0.5 fib line. A strong bullish candlestick has now formed which shows bulls are ready to take over. A small retracement may happen before price continues upwards. On the 1 hour chart, MA's are...

vj20_fx

The movement made so far, I called 3 days ago which was the strong bearish movement retracing of the .618 resistance. I believe it will bounce of 0.5 fib support to form a head and shoulders pattern eventually creating a bullish movement till daily resistance. I am now waiting to go long.

vj20_fx

The weekly support has held price since the beginning of february and I believe it will continue. I have used BB Indicator to confirm my analysis. Also, a very bullish candle has formed and I am now waiting for price to breakout through the trendline and I will go LONG to 1.26624 daily resistance.

vj20_fx

Cable has been in appeared bearish since 24/02 but now a falling wedge has formed. This usually signals a reversal is about to take place. Price is also sitting on .236 fib support which may bounce off. I will look to go LONG once bullish candle has broken through my wedge resistance and I will set TP at .382 fib resistance. Roughly 200pips!

vj20_fx

I have used pivot point analysis primarily combined with fib to notice a reversal that may take place. Price has lined up well with R2 and my weekly resistance which is also 0.5 fib resistance! Using the RSI, I have also seen that USD has been overbought which signals a reversal. I will now move down to the 1 hour chart to get pin point entry and ride this trade...

vj20_fx

This pair has tested the 0.236 fib support and I now believe it is on its way to 0.618 resistance which also meets the major trendline. I have put SL just below the 0.236 support just in case price re-tests. I have also marked when news is coming out which may affect the GBP. Therefore, I will watch this trade very closely.

vj20_fx

*View previous GOLD post* Price has moved as I predicted to the inner trendline. Now I will be looking to go long until a higher high, however I do believe price could break through to the outer trendline. Therefore, I will patiently wait to see how the candlesticks on the 1hr and 2hr timeframe plays out.

vj20_fx

*view previous EURGBP post* Here is an update if my analysis and price has risen! I am now waiting for the 3hour candlestick to close and moving to the 45min/1hr timeframe to get pin point entry to go SHORT.

vj20_fx

Price has broken through a major trendline showing strong down signal. I believe it could possibly retrace back to the major trendline and carry on with a down trend.

vj20_fx

The MA's are about to cross over and pair has had a consolidation since 15/02. I believe its now going to form a strong down trend.

vj20_fx

Price has seemed to breakthrough the trend and is heading up. Pin-point entry might be very soon as MA's have just crossed on the 60min chart (14ma, 50ema). I believe price will touch and bounce straight of the outer trendline for a clean SHORT in future.