This month we have seen major bearish moves on EURGBP of the 0.88062 Zone, with the pair taking away its bullish momentum the monthly candle is looking to close as an shooting star. Anticipating a continuation of this bearish move this week if we manage to remain below 0.86 monthly resistance zone. If daily resistance holds at 0.85361 i will be looking for shorts...
USDCHF is showing signs of Bear divergence, December made Doji, 2 years ago price took a fall in January, pattern may repeat IHS reversal,
Prices are currently stuck between H4 KS and H4 TS. As shown in the chart, I think we can see more downside pressure the week ahead as long as H4 KS is not broken. Prices are well down below KUMO and we are seeing a resistance on H1 at around 0.85350. SL at around 0.85650 Entry below 0.85 TP 0.835 /38.20% fib retracement Watch out carefully any macro event...
EURUSD Crossing 1.06776 is a short trade confirmation primary target is @ 1.05917-1.05566 however trail up stops at strong support @ 1.06580 where price hit a double bottom and it is also the .618 retracement of the larger swing
Fake breakout and Fibbonachi support. (Monthly). Found support on descending and ascending trendline. Bullish Engulfing validates upmoving action.
the RESISTANCE LEVEL ON THE 4 HOUR chart on my phone has been HIT as i predicted we can see a potential fall to 140.379 levels for major support or 141.404 before that before another rise i dont see any major signals on the higher time frames indicating a massive downtrend as the weekly chart is still in STRONG UPTREND if you enter any new long positions...
my analysis is showing NO SIGNALS for a downtrend im anticipating a RISE before a 4 level fall down to a major support and potentially lower keep in MIND that the weekly CHART is still in a very strong uptrend with NO confluence CANDLES indicating any down trend what so ever look for 3-5 signals before entering any long positions set stop losses and STAY SAFE...
I am buying a basic price action trade to cover the move from 15 to 17.60 i give it 2 and a half weeks .. so exp. week 1 feb17
Goldmans Sachs had a great really from November 2016 until now. The chart is moving sideways now and shows singular sell signals . The investors are less modifying their $GS positions. They make themselves ready to close their position. The sideways chart shows irresoluteness about their actions.
Looking for a possible reversal through an Inverted Head & Shoulders (IHS), please follow and share
Here we see a rising RSI, weak candles, all moving into a support. I expect to see a bounce in the coming weeks.
Best week since 2011, it has to go down, before it gets further up. With lot of resistance from top, and most traders placing shorts, it will surely go down on monday. I am short at 2160. Targets at box. Happy trading.
After the Daily Key Reversal last week which also helped form a doji on the WEEKLY, I am convinced that from this week and for the following 3-4 oil will go down. RSI and STOCHRSI have topped on the weekly and are reversing as well as the MACD. My first target is $48 and then $44-42.5
Beginning of uptrend Broke through consolidation Retested .382 for support after breaking through
Smart investment is key to success at this time
This is a complete prediction. Follow my insta for more @newentrepeneurs Thanks!