wookyu2001

wookyu2001

GBP/JPY has been in an uptrend following the Red ascending channel . The price reached the upper trend line which intersects with the Key Resistance Level, and failed to break above it . Due to this rejection / failure, I expect the price to fall until it reaches the next support level or until it touches the bottom red trend line . This is also shown by...

wookyu2001

In the higher time frame i can see that NZD/USD is consolidating near the Key resistance area, which it failed to break above after multiple attempts. I expect the price to once again fail to break the Key resistance area, and the price to fall until the key support area ( Yellow Rectangle ) If the price manages to reach the yellow support area and manages...

wookyu2001

EUR/GBP is in a down trend, respecting the green descending channel. It is s lowly approaching the important weekly support area that is marked with the blue rectangle . GBP/AUD is currently on a key support area ( Green rectangle ) which the price has been retesting on a hourly time frame. 1) I expect the price to fail to break this key support area ...

wookyu2001

In the higher time frame I can see that the GBP/AUD broke the upward trend line (Blue trend line) that it followed since the beginning of the year. Indicating a trend line break out. The price retested on the trend line and began to sell, which is an indication that a trend line break out took place. I expect the GBP/AUD to sell, starting a new downtrend...

wookyu2001

In the hourly time frame i can see that an inverse head and shoulders pattern formed at the key resistance zone with the price breaking above the resistance area. This indicates a sign of reversal. I expect to enter when the price that broke the resistance to retest it and then the price rise until it reaches the next resistance area.

wookyu2001

GBP/JPY have been respecting the green upward trend line since last month. The price failed to break above the key resistance level. I expect GBP/JPY to undergo retracements and the price to fall until the key support level or until it comes close to the trend line it follows. Once it fall i expect it to buy gain till the previous resistance level that it failed...

wookyu2001

EUR/GBP has been respecting the descending channel drawn by the green trend lines. The Price has recently failed to break below the key resistance level and is showing a reversal within the channel. I expect the price to increase until it reaches the upper green trend line continuing the descending channel as drawn by the grey path. If the price reaches the...

wookyu2001

The GBP/AUD has been ranging within the grey rectangle drawn. Last week once again the GBP/AUD failed to break above the resistance and reversed the price which is now at a key support area. I expect GBP/AUD to retest this support area and the show a reversal with price increasing until the previous key resistance level

wookyu2001

Once again the GBP/USD is reaching the major resistance level (1.3750) in which it hasn't been able to break above it since 2018. I expect the price to retest this resistance level , failing to break above the resistance and the p rice to fall until it reaches the next support zone , following the grey path drawn

wookyu2001

From Higher time frame I can see that a rising wedge pattern has been formed as shown by the green trend lines , near a key resistance area , which price failed to break above it multiple times. adding on to the confluence, in the 1-H time frame i can see a triple top pattern being formed as shown by the orange path drawn , near the key resistance area,...

wookyu2001

The JPY has been weak last week, whereas, EUR has been strong last week resulting the EUR/JPY to shoot up. In the following week I expect the price to retest the key resistance level in which the price has previously failed to break above multiple times. Then i expect the price to reverse and fall down until the Yellow support zone , continuing the ranging...

wookyu2001

The XAU/USD has been ranging since 8th of Jan, shown by the rectangle drawn. I would be waiting for the price to either break above or to break below the rectangle then wait for the retest confirming the possible down / uptrend. I wouldn't recommend trading this until a breakout of the ranging confirmation.

wookyu2001

The price has been in a downtrend respecting the light blue trend line. The price is reaching a key resistance area near the downward trend line indicating that the price is going to fall. I expect to enter the trade once it reaches the resistance level and take profit until the price reaches the yellow support level. Adding on to the confluence the price closed...

wookyu2001

The price has reached a major resistance level and tested multiple times failing to break above it. I expect the price to once again fail to break the key resistance level and fall until it reaches the yellow support zone or the next key support area. Adding on to the confluence I can see a potential double top pattern forming near the Major resistance zone...

wookyu2001

The price has been in a downtrend since October 2020 (Red trend line) and I'm expecting to catch the retracement move. I can see that the price is in an uptrend since January 6th respecting the blue trend line and has reached a major resistance level. I expect the price to fall back to the trend line, then expect it to continue the uptrend breaking the...

wookyu2001

The market has been ranging since December 2020. In which the price failed to break above the major resistance level (shown by the green square) multiple times since 2016, making it highly unlikely for the price to break this level. Due to the possible double bottom being formed I expect the price to test the major resistance level, then fall until it reaches...

wookyu2001

The price has been ranging since May 2020. within the ranging market price decreased respecting the pink channel. Price is in a major support in which it fell to break below it since may 2020, therefore I expect the price to increase continuing the ranging market. I can also see that a falling wedge pattern being formed near the key support area adding on to the...

wookyu2001

After a long period of time the price seems like its going to go down. The price fell after it reached the brown trend line as expected, now breaking the pink trend line which was followed since November 2020. The trend line breakout has occurred with price breaking the pink trend line and now retesting back to it suggesting a decrease in price until the green...