BhekaniZitha

BhekaniZitha

A very respected zone - SUPPORT - (Psychological area) where we are looking to have our buy pushing the price towards 1.086 For now, the price is controlled by the sellers and moving in a descending channel going for our support - completing the 3rd triangle (3rd level). And lastly, on Daily, there's a 200 EMA waiting to block the price! #FxPrime

BhekaniZitha

For now, the focus is on the channel. let's watch...

BhekaniZitha

Ohh it's a sell! Heads up! The Eurgbp has broken the support zone and retested it as a our resistance.

BhekaniZitha

In a descending channel, the market has given me 3 touches on a resistant trendline, and the latest touch is on the fibonacci zone (50 - 61.8). and the price retested the resistant zone (Psychological area) which the price respects as you can see if you go to Daily and weekly. So, i used Fibonacci and trendline to determine the next move for the price. Nobody...

BhekaniZitha

Please note the EMA!That is a 200 EMA. Use 4hourly Time Frame and key levels, and get the best analysis for your reaction!!!

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BUY!

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Grabbing pips?

BhekaniZitha

Bullish for the 3rd touch on Resistant trendline and also Fibonacci 50.0 - 61.8, and the completion of the 2nd triangle! Then i am expecting a strong sell once in the zone going for the support as depicted!

BhekaniZitha Updated 

3rd touch! sell for me!!!

BhekaniZitha

3 triangle formation

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Scaling in on GC! After the correction, the market is again making an impulse move upwards. You cab see that on the descending pattern we had the HEAD & SOLDER pattern. Currently, the market has broken the psycgological area...there's literally nothing stopping the price extension from where the price is as you can see on the previous descending candles, we...

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Scaling in!! UC has broken the key level zone and retested it as our floor. Now we are heading towards the next level as highlighted (1st TP) - Second level is our 2nd TP! THANK YOU!

BhekaniZitha

Picture speaks thousand words!!!!!!

BhekaniZitha

The USD has crossed the Resistant zone (our ceiling) and then retested it as support (Our floor), as you can see we have had *3 touches* for support, meaning buyers have gained momentum! Currently, the USDJPY is buying! I am looking for it to approach the downtrending resistant for the 3rd touch (Sensitive tuch) before it can descend as a way of forming a 3rd...

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Just a retest on the zone or reference to the recent support which has now been turned to a resistance. as depicted, sell once retested and tp on the point of arrow!

BhekaniZitha

When the market has broken the channel, the focus should then be on the Key zones - We change from breaking trends to Break and retest on keyzones! Currently, the market has broken the support zone and is retesting. I am selling!!!!!!!

BhekaniZitha

Daily: Price Trapped between Risistance abd Support. Please check my previous Charts on US30 to see how a buy signal has been triggered!!!!

BhekaniZitha

4hourly chart.