


I am expecting a further upside momentum on GBPUSD.
The pair has been ranging in the bearish channel, making series of highs and lows. Currently the price just made a double / flat top at the upper wall, the reflecting a Higher Low at the stochastic indicator (revealing a price Divergence) A sell trade can be anticipated for anywhere and target the support wall of the channel.
On a 4H timeframe, the bulls have another run to retest the $1,870 psychology level, which falls between the 50% and 61.8% fib zone as revealed above in the 1W timeframe. Technical traders could look for a short-term long position after the retest of the supply area at $1,824-5, targeting the top boundary of the rising wedge at $1,870.
My final outlook On US30! The chart is basically self explanatory, wait for each actions to be triggered on 4H candle! However, the Short trade has been invalidate since the market went ahead and break above standing resistance The Bullish turn can we waited on to playout, for both aggressive and conservative buying opportunities
Here is my bullish setup on Kiwi NZDUSD. Waiting for a small pullback to retest Friday Low, or further low at Last week could await a more upward movement. Check it out.
I am anticipating the completion of the established bearish movement on USDCHF. Whatchout.
A retest of the demand zone at 1.0745-70 could meet a new buy order. With an OB siting right on the demand zone, traders can look into a good Long position
Yen have been scaling through new territory marking up new highs since 35yrs back. Currently, the pair is consolidating. forming an ascending triangle (a bullish trend continuation pattern) A Buy at the break of the upper trend line would indicate a sufficient bullish rally and buyer could begin to ride the price towards the 150.00 mark.
Short Trade Setup – A break below the lower trendline and possible retest could initiate a fresh selloff back to 1660 or further down to retest 2022 low at 1610. Long Trade Setup – A break above the higher trendline crossing above the 1725-28 resistance zone with a possible retest could initiate a fresh pull-up for buyers to run all the way to 1800-10 or further...
XAU/USD seems to be trending below 1725-30resistance, inside a falling wedge. The two possibilities could get played out. It is advisable to wait for a breakout above the previously mentioned resistance zone before looking into a LONG trade. Or Wait for a break below the 1685-80 support zone before looking into a SHORT trade.
Provided that BTC/USD price stays below the 23k-26k mark which has been actively acting as weekly Resistance level, without an improvement or bullish momentum. A bearish anticipation for a further decline towards 17k & 13k as extension can be look into.
Preference - SHORT trade can be into, using a break below the 1.3560 (S1) as entry confirmation. With a target at 1.3515 (S2) and 1.4400 (S3) as extensions.
Following the Price of Gold could lead to a huge return, but right now, it is best to stay patient and wait for the market to take you on the journey. To avoid getting trapped in a fake momentum.
The AUD/USD is trending below last week's Thursday low (Support) which is being used as new resistance. The same level falls below the pivot point inside a symmetrical triangle. A break of the lower trendline could initiate a further downside movement in the price of the Aussie. This is worth looking out for!
SHIBA INU is trending inside a symmetrical triangle, so I am looking for a breakout from the upper trendline at .00002045 and I will be buying SHIBA. I will be targeting 900points toward the upside with my exit at 300. Alternatively, any break below the lower trendline could initiate a further downtrend.
GBP is currently in an accumulation phase after a long bullish trend that started from the 4th of March up until the price got corrected on the 24th of April by about 5.06%, which later got converted to a flag pattern. The Outlook on the pair currently is to anticipate for a breakout above the upper-trendline (which is serving as a dynamic resistance zone) at...
The EUR/NZD has ended its first bullish phase with over 220pips as forecasted, now we wait for a 38.2% - 50% before starting its second bullish phase straight to 1.6660
A breakout above the upper trendline could be a nice pump in the price for the buyers to start making banks in the market. Worth looking into. Target of 500 pips Stop 150 pips