wakethesheep

wakethesheep

Here on the daily we have made a recent higher high, with a weekly bullish trend and needing to break from this consolidation, if we solidify a higher low with this daily candle, we could see a momentum shift to the upside, first hitting 1500 and potentially clearing that and furthering up to 1550 and beyond

wakethesheep

GBPAUD has climbed to new recent highs. As we look into history, our most recent P.A shows a strong Daily level of 1.9150. As we look at current P.A we can see we have just come into tap the level for the third time, as well as making a very small higher high on the daily which shows exhaustion. We should be seeing a decline from this level, with stops at 1.9180....

wakethesheep

Gold has seen a strong rally over the last day. Current P.A shows strong momentum and looking at the 4H and Daily charts, it seems as though after that last touch of 1440 and some manipulation sells down to 1414 on certain exchanges, we will continue higher from our current level of 1480, breaking through the trend line and key level of 1500 and hitting 1550,...

wakethesheep Updated 

Continuing with our bearish trend, EN has entered into our key FIB area, as well as hitting the back side of our previous trend line which looks very precise. Also at the same price point as the 786 FIB is a key support that was broken previously before the big drop so it is another piece of confluence to add to this trade.

wakethesheep Updated 

Gold has broken though nice resistance before the end of last week. On market open we can see that we have had a big bearish candle on the 4H which i believe is a retest of support before going higher for the first few days of the week.

wakethesheep

Price is making a double bottom. This trade is for aggressive traders only as its not advised to "catch a falling knife". Price is also met with previous resistance turned support and is also making a big daily bullish pattern.

wakethesheep Updated 

Targeting 1480-1485. We have seen a new Higher Low formed, and after surpassing our previous Higher High, it would make sense to tap the bottom of this region at 1485. Partial profits to be taken at 1480 for an easy 100+ PIPS

wakethesheep Updated 

GBPNZD has made a significant higher low, it has broken out and is just coming to retest right now. Overall we are in a big stretch of consolidation within a bull trend. From the charts i've posted previously, we are aiming for over 500 pips, but within this short term trade, we can catch a quick and easy 150 pips

wakethesheep

Clear chart patterns. Self explanatory

wakethesheep

GBPNZD has been in consolidation after breaking above our key level at 2.000. I believe we are finishing off this consolidation and will be breaking out to the upside. As well with current P.A, we may get a better entry on market open, and perhaps be seeing a gap to the downside, closer to 2.0125. This would give us an optimal entry for long positions and we can...

wakethesheep

Bitcoin has been playing out perfectly from my previous call at $9050. currently $500 into our big swing. From current P.A i can see BTC pulling back up into a weaker resistance level which cant be seen from this chart but is visible on the 15m. After that, we continue downwards

wakethesheep

Current price action has shown we hit our key level and rejected it nicely and started falling back to 1465 levels. I believe with current P.A and the fact the most news tomorrow is USD and would happen in 14 candles on the 1H. it would give enough time to pull back up to 1472-1475 area before falling lower.

wakethesheep

UC is at a good price for entering buys. Just about hitting the trendline for a 3rd touch during this bullish wave. Still have our eyes set on 1.34

wakethesheep

AUDUSD has seen a nice break of the trendline and has come down to meet the 618 FIB to the tee, as well as having a nice Morning star on the 1H and a nice wick rejection so far on the 4H. this level also lines up with a key support level from recent P.A Good R:R as you can set your stop around 0.6760

wakethesheep Updated 

GN has recently seen a big push to the downside followed by strong NZD news. This has brought us back down to the bottom of our consolidation zone, which rests on a strong resistance turned support. We have been in a bullish trend, broker above resistance, came back down to retest and have been in this consolidation. With GBP news this week, i think it will give...

wakethesheep

Current P.A on DXY has shown the infamous '" 3 drives" which indicates the peak on the 3rd drive before a reversal. The USD news coming out in 40 minutes might be the catalyst to send DXY back down to 98.00. If not, this will look like a tight squeeze with no correction, and could see DXY hitting 98.65. If the news doesn't have any impact, then i believe we will...

wakethesheep

Gold has seen a slight pull back so far from the overall bearish trend. I believe we can still see a touch of 1485 possible from the high impact USD news we have coming up. If weak, we can see dollar index drop which could send gold up to this level

wakethesheep

Here on the 4H, we are coming into 2 counter trendlines as well as a zone of support. With current P.A and high impact news in 1 hour, i believe this is looking like a false breakout. Any conservative traders should stay out of this trade as it is not advised to be putting risk on the table with big news events. With you aggressive traders, look to have your SL...