Hello traders:
Been receiving many inquiries about AUDJPY, on the potential bearish bias of the price action.
I have sharing many forecast and analysis on AUDJPY, but it seemed price has yet to commit to the downside.
This is something that I haven't experience before where there's a consolidation period of the price, and the market is just getting ready for...
hello everyone:
Similar like AUDUSD, I have been sharing NZDUSD forecast for possible sell. They continue to move up correctively, but it doesn't void the potential bearish development from the price.
Now we can see the ascending structure continue to evolve and develop, more bearish bias are formed within.
The latest development show smaller ascending...
hi traders:
I have been sharing lots of AUD/NZD USD forecast in the last few weeks. Most of them have not develop or commit to the downside.
This time around, we are finally seeing some bearish development of the price.
We can see price is at the top of the overall price action again, and smaller, lower time frame ascending channel, correcting the price.
We...
hi traders:
Similar like AUDUSD I just shared, NZDUSD is following the same bearish development as well.
From my previous outlook and forecast,
Price hit the double tops, reversal impulse down, and formed continuation correction to drop more.
Now that price has a short term pullback, smaller, ascending channel, we could expect more downside from the...
Hi traders:
I was not active for about since last week, took a much needed vacation and mini-getaway.
Now I am back and seeing some good development of the price.
Here on AUDUSD, from my previous outlook and forecast from the top,
price indeed pushed down aggressively, and now is at the bottom of the lower time frame ascending structure.
This is where...
Gold enters the target zone, i Hope you get profit and enjoy from yesterday's idea where there has been a very strong downward trend rally since it touched 2070 in the first week of March
In the near future, we will be waiting for the direction of movement of Gold, with two scenarios:
1. If Gold moves up towards and manages to break through 1959
2. If Gold moves...
BTC has been in accumulation mode for roughly 2 weeks now between the 38k-41k range. Now BTC has started consolidating into a bull pennant on the Daily timeframe with bullish divergence forming on Market Cypher.
BTC/USD chart shows me the symmetrical triangle pattern at 4hours time frame we must stay to see price break the top of the triangle or from the bottom but at this moment I can see RSI trend have break the ascending trendline and for me it means more likely to break from below of the triangle .
Hi traders:
AUDCAD has managed to reversal impulse out of the descending channel from the bottom, good signs of further upside.
From my previous outlook, price did managed to continue higher and is now out of the descending structure.
Such a strong impulse move to the upside, naturally price will need to correct in order for another continuation up move.
If...
Hello everyone,
As expected ADA made a new high thanks to the pattern we seen previously, which allowed ADA to break through the previous level of resistance.
However, ADA's price is going to decrease, going back to $0.81 to test level of support.
Have a nice trading week!
Hey!
Hope all is well.
Here's a quick trade idea you can dive into whilst using your own trade plan as well...
All the best,
TJ
Disclaimer: Not Financial Advice
