Last week's formation on GJ gave us a double top formation. of which i'm expecting a short on GJ after market failed to break the 164.00 point completely. Hence, i'm expecting the downside of GJ!!!
USDJPY has been on a bull run lately, currently in a possible trending zone. Expecting USDJPY to follow the trend and fall to 135.480. If UJ breaks my breakout point at 135.480 completely, i will be expecting a head and shoulder formation, whic h might take USDJPY down for more than 800 PIPS!!!
Expected USDJPY to fall drastically, but the London session rollover and New York market extended the trade upside. After catching some buy's and retracing at my 61.8% mark. i'm finally expecting USDJPY to fall. NB: When the breakout is broken we could see UJ in the 134's. Till then trade safe!!!
Expecting a double top formation on GBPAUD...as you could see market is giving up the buy orders at yesterday's New York Session.....looking out for new lows!!!
After cable experienced a new low yesterday this year and pushed to the downside by the FOMC data, I'm expecting a pull back into 1.2000's for a bullish reversal. NB: low volatility
Expected BTC to reject price at 20210....and it was respected as such. looking for a short on BTC into my breakout zone. if BTC breaks the breakout zone completely looking for my complete short at $16200!!! NB: Blue Box: Breaout zone Red Box: rejection zone
Expecting a bull run for oil, after Monday’s fall on Oil. Market formed a bearish reversal, technically I’m expecting the market to pick orders into $108, then finally move on, on a new setup. NB: not a financial advice tho, risky!!!
From the start of this week, the AUD has experienced a low volatility and we can see the effect on AU. AU bounce of yesterday fromthe previous low at 0.67650. Holding this sell to new lows as AU collected new supply orders in my supply zone (YELLOW BOX: SUPPLY ZONZE)!!!
Technically, I’m expecting EURCAD to reject 1.33970 and form a new low closing below its previous low (yesterday’s) at 1.32960
After AUDNZD, rejected from my rejection/supply zone. It formed a low which then projected AN into 1.10700, out of this I’m expecting a double top formation from this setup to respect last week’s support and resistance trend.
UJ experience a long bull in the month of June to be precise, then finally formed a head and shoulder….. From my recent high at 137.000 to it’s a low, we could see a double top. Hence I’m looking for a perfect short on USDJPY
Colgate has been on a bull run for sometime, there's saying that what ever goes up surely comes down....expected Colgate to hit the $81 price mark and was respected as predicted....won't be surprise if Colgate fails to reach $84 (supply zone) then starts falling. nB: there's a possible short into $58 for a perfect bullish flag formation!
Overall market has been in a downside with rising interest rates and a lot, TEsla fell from $1000+ and made some gains......looking for a long position on tesla after the break on my 8Ema. NB: --Tesla price will fall!! -- Market needs to gain some orders into possible $800 before this fall!!! --Final confirmation will be a move on the 50 ema.
After GU rejected my price mark at 1.21600 (supply zone). i'm looking forward to GU closing below 14th's June low at 1.19200 (fibonacci wise and double top formation)
I'm looking for EU to retrace and and trade in my trend line, other way round expecting EU to fall into the 1.03's..... EU has been choppy for sometime, but technical wise we could see a bearish flag formation of EU to the downside. Hence I rest on my setup for this short!!!
After GOLD made a fall to 1786 last week, we saw two pinch bar ( hammer candle) which helped boost GOLD to the 1800's....from that formation and that of last week's mini high at 1824. We can deduce that a double top has been formed, hence looking at a possible setup for sell on GOLD!!!
i'm expecting a third higher high to be formed on AN at a possible price target at 1.11000's (my suply zone) before any other decision on the next move is predicted
As expected, BITCOIN rejected from my supply zone, looking for the last short before the bull run!!!