NZDJPY CLOSE TO DESCENDING TRIANGLE BREAKOUT Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, NZDJPY is currently inside Descending Triangle and is close to a breakout. There are two possibilities as shown. So one should wait for the breakout.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R.Lopes
Buylong
GBPUSD CLOSE TO BREAKOUTHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, GBPUSD is currently in a Symmetrical Triangle and is close to a breakout. One can wait for the breakout. As per our analysis the breakout will be on lower side.
There is also a possible Head and Shoulder pattern that can be formed (check comment section for chart)
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R.Lopes
Descending triangle in USDCAD, Crucial point Hello fellow traders, hope you all are having a good day! Here is our analysis on USDCAD. We have given two charts, one of H1 and the other of D1. In the D1 chart we have shown you the support and resistance line. (see our comment section). Now, as we come to our H1 chart you can see that it has started falling down after hitting the resistance line. The pair also started making lower lows while not breaking previous lower highs and falling back each time it hit the trendline resistance.
Let us know your views on this in the comment section. Thank you all.
There is a good news for our followers. We will be doing analysis on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R.Lopes
XRP Ripple - Success or Disaster?Historically XRP has acted as a hedge against BTC. But in more recent times, Ripples movement has left us hesitant. In this chart we can see XRP at support in this 4H channel. A move up could indicate a push to test the 4000 Satoshi range. And a break down of support can send us down another leg to the mid 2500 Sats range. We must wait for continuation up for us to enter, or we may enter and use SL at a breach of support here shown in this chart. I stand neutral until confirmation.