FX_WAVE

FX_WAVE

It is clear that the STRONG DAILY support as indicated in the chart is a defence, I see a RBR strategy shoots it further to 1952 and 1962 respectively. Well, let us see how it goes 🍻

FX_WAVE

Recent bounce has proven the the strength of the support at 1.26 region, however I am expecting a retest of this region which will be an effect from the daily resistance at 1.278 region. However, a bounce will come in at 1.26 region which could lead to a breakout to the upside or a rejection at 1.27 region or 1.284. Well let us see how this goes, 🍻

FX_WAVE

After a nice Head and Shoulder played out completely, we are going to be seeing a ranging market as a result of October 2020 Monthly high and the previous high. Before eventually breaking to the downside or upside. For now enjoy the ranging trade 🍻

FX_WAVE

GBPNZD has been ranging inside the flag, also created a divergence on the 1day TF in the AO indicator,this only means one thing, a full drop should be seen in no distance time. For now I am expecting a drop to 2.06 level, RSI also is calling for a sell, well let us see how it goes. 🍻

FX_WAVE

After the drop to 1943 region, it became more clearer to me that long time is upon us. Currently a Head and Shoulder formation is still playing out nicely. Well my first target is 1963 and second 1970.

FX_WAVE

After a great bounce, the pair bought till 75.8 and then hit resistance, which will take it down to 94.5. Well let us see how it goes.

FX_WAVE

Considering the strong bounce on Friday, it is a clear sign that the bull got fire in them, not withstanding, most closed their positions, even as volume dropped. 1.104 is a defence to recon with, hence we might be seeing 1.095 region Have a blessed profit full week my subscribers. 🍻

FX_WAVE

After the strong sell GOLD found support at 1943, which has led to a gradual heal up to 1964. All I see is a strong retracement from this point. Well let us see how it goes 🍻

FX_WAVE

After a nice breakout and retest from the bearish flag, it ran down to a monthly resistance at 93 region, this bounce should hit 94.4 region before a pull-back. Let us see the outcome 🍻

FX_WAVE

Bidding and Asking opportunities from breakouts, SND, SNR all presenting them self in a while now, which has given traders opportunities to make money. Currently oil eyes 83 zone which is also synonymous to BRENT oil, I strongly see a reversal at the highlighted region, in turn creating a massive sell opportunity. Well this is my bias, let us wait for the outcome 🍻

FX_WAVE

Gold has been ranging withing this regions for a while now, will monthly resistance hold thereby creating a reversal or is it going to breakout to the upside? I will dance with it.

FX_WAVE

An head and shoulder is perfectly formed but hasn't played out, will it play out nicely this time? Or is the 1.64 zone resistance going to hold and send it down to 1.585 region? Well let us find out 🍻

FX_WAVE

I think we have had a good bounce already and would possibly to head down to 10k , hence, I'm not buying any until we see 10k

FX_WAVE

ETH to $300 sooner or later, that's where a major capitulation will take place, I am psychological prepared for it, are you?

FX_WAVE

The key level for bitcoin is 24 to 25k before a good bounce to the up side, on a RBR strategy, considering the parabolic move of 2019, we could see same repeat it self in this current phase of Bitcoin.

FX_WAVE

So much resistance at 147.8, hence my reason for the sell. Hopefully it hits my target of 144 before a bounce. Have a wonderful time trading 😀

FX_WAVE

Due to the resistance on the LHS of the HTF, downside is certain , resulting to 0.9 region retest.

FX_WAVE

Deu to the resistance on the LHS on the higher TF , we will go back to 0.9 region