Based on a retest on the channel we can expect to see further downside and bearish movement towards 1.18
Although Price is moving sideways CHFJPY is still giving higher highs and lower lows meaning price is bullish, from this point we can expect to see price move higher. From the 23rd to the 26th price was stuck within a range within 141.500 and 142.000. we have had a bullish break above and I expect to see more upside on the pair with targets at 143.000 and 143500
USDZAR has been bullish these past 2 weeks and from that we see that price has been bearish this week from Monday to Thursday. From Thursday evening, Friday morning we have seen price increase in value and bounced from 16.77529 hinting that this could be the end of the retracement, from this point I do expect to see more bullish power incoming also inline with the...
GBPUSD which has been bearish for a while has been very bearish and we have seen price drop to 1.17665 which is the previous low from the the 18 AUG we have had a minor rejection on that price and we see price currently bouncing from that price and giving us a minor upward retracement to 1.19447 if we happen to reject this area we can expect to see more downside...
From the bearish pressure from last week, we saw Bitcoin fall past 21500 which is a vital support, price has broken that support and has retested it as resistance, I believe that as long as we stay below 21500 we can expect to see more downside for Bitcoin which go to 20500 and beyond
Price has broken the channel and has given us a retest, we see price also coming to a previous resistance zone of 0.89755 and price has given us a bearish candle on it, due to these conluences we can expect more downside with targets indicated in the graph
Currently price is testing the 93.811 horizontal line as support, we have seen price us this same level and resistance and support too, be ause price has come back into the trend line I expect to see a bullish push from this point onwards, price has already created a bullish candle on the 2hr time frame and has closed with a wick to the downside on the 4hr I do...
USDZAR has come back and broken above a support zone and had failed to maintain that zone as resistance(16.38749), is currently testing that zone as support and we are seeing that price has bounced of that zone on the 1hr leaving a bullish engulfing candle and on the 2hr it has left a long wick to the downside hinting that we could expect more upside on USDZAR 1...
from the beginning of this week we have seen an impulsive bullish behaviour from GBPAUD. we have so far created a higher low for the week of the week at 1.71300 and from here we can expect to see more ptice take out the highs of 1.72400, we have also taken broken above the trendline as indicated above in the analysis immediate term take profit for this trade is 1.73000
We have a possible bullish flag in play on AUDJPY and price has come back to a support zone where a double top formed on prior currently we see price left a long wick to the downside after yesterday's CPI news.Based on these confluences we could expect more bullish pressure on AUDJPY
short trade on USDJPY. from this point we can see price dropping into newer lows I do believe this is a lower high that has formed
Second postion from our previous trade idea still valid and divergence from the highs still hinting that price will be going lower
after being dumped from the highs i expect to see more downside for HIVEUSDT
Price has broken below the descending channel and we see it also respecting the blue trendline as resistance , we also have a divergence at the top where the previous highs are so with all these confluences I am a bit confident that we may see price drop, my first target on this trade is 0.86231
Nasdaq has Come back into a previous support zone and has treated it as resistace also we see price deflecting off the upper diagonal channel, we could expet to see price roll down al the way to create lower lows
after being bearish for a while Egold has finally broken out of the desceding trendline and has also broken above the upward trendline and has come to retest it leaving a bullish hammer as a confirmation to more upside
Retest of previous lows, we could see the market following this channel for more downside
Update from previous post after looking at the charts again, I see price going against my previous sentiment, losses have been cut quickly and will be trading in the direction the market is giving me