Charles-OW

Charles-OW Updated 

From what I can see, this pair has been falling ever since November 5. Since the Euro looks to be getting weaker across-the-board, I suspect this head and shoulder pattern will hold, resulting in bearish sentiment.

Charles-OW

I’ve opened another sell position on this pair. It looks to be respecting the head & shoulder pattern. I’ll be looking to open another position when it breaks the support of the pattern.

Charles-OW

From what I can see, price failed to hold above the 91.600 resistance area. Time and time again it retested the area, resulting in breaks but never strong enough to continue being bullish. In the process, price seems to have made a wedge pattern. With this, I’m expecting price to become bearish after its retest of the wedge.

Charles-OW

From what I can see, price looks like it created a descending triangle on the 4H timeframe. This was after price had a sharp but short bearish movement. I believe price will continue its bearish momentum until it reaches the support area of 188.300.

Charles-OW Updated 

From what I can see, gold seems to have made an ascending triangle on the 4H timeframe. This pattern was created after a bullish run, with this, I’m assuming the bullish momentum will continue after this pullback.

Charles-OW Updated 

Going off my last post for this idea, I'm doubling down with another buy on the bullish momentum. Price has broken out of the pattern to the upside and has comeback to rest before a bullish continution.

Charles-OW Updated 

From what I can see, price has been bullish ever since it reached the support area on the weekly timeframe. With that much bullish momentum, I’m expecting price to reach the resistance area of 1.99000 on the weekly timeframe.

Charles-OW

From what I can see, price has been bullish ever since it reached the weekly support level. With this, I’m expecting price to continue being bullish until it reaches the resistance area of 1.38700. On the 4H timeframe, price created an ascending triangle which it has recently broken out of, resulting in my buy order.

Charles-OW

From what I can see, price has formed a flag pattern on the daily timeframe. With this, I’m expecting a strong bullish continuation if price has a clean break to the upside. After the break of the flag, I’ll be waiting for retest before buying.

Charles-OW Updated 

To go off my last posted idea, I’ve extended my TP to near the resistance area of 155.000. From what I can see on the weekly timeframe, price looks to break the resistance area of 152.000 and make a new higher high.

Charles-OW Updated 

From what I can see, price has finally broken the resistance area of 148.750. With this, I’m expecting a bullish run to the next major resistance area on the 4H timeframe, after price pulls back for a retest of the previous resistance.

Charles-OW

Going off my last idea for this pair, price has failed to reach the resistance area of the consolidation zone, which would’ve filled the sell order. With this, I’m expecting a retest of the now broken support before a bearish continuation.

Charles-OW Updated 

From what I can see, price is consolidating between the resistance area of 1.45600 & the support area of 1.45000. This consolidation has come after a bearish movement, suggesting to me that the bearish momentum isn’t done.

Charles-OW

From what I can see, there’s a possible bearish rising wedge pattern on the 4H timeframe. Price has repeatedly failed to comfortably break the resistance area of 1.27400, suggesting to me there might be a bearish move back down to the support area of 1.25000.

Charles-OW

From what I can see, price has made a double top pattern on its bearish descent. With this, I’m expecting price to continue being bearish until it reaches the support area of 0.97200.

Charles-OW

From what I can see, there seems to be a possible head & shoulder pattern on the 4H timeframe. With the lack of bullish power, price failed to break the resistance area of 0.89200, resulting in price falling back underneath the previous resistance. If GBPJPY becomes bullish, this pair will continue its bearish momentum.

Charles-OW

From what I can see, this pair looks to be in a bullish flag pattern. This is after a strong bullish run on the daily timeframe. With this, I’m expecting price to breakout of the flag before continuing to the resistance area of 0.89200.

Charles-OW Updated 

From what I can see, there seems to be a head & shoulder pattern on the daily timeframe. With this, I’m expecting a bearish momentum to the support area of 1.47300, if price can hold the bearish pattern.