FinancialGamblR

FinancialGamblR

Despite this pair being in a monster up trend, two points in the recent price action is giving us an early indication that further downside is to be expected. 1. Price touched the 2.0345 level and made a relatively weaker reaction off of it compared to previous touches. 2. The buying strength was quick to die down as price traded away from the level. I'm...

FinancialGamblR

This pair is currently undergoing a reversal over on the daily time frame. Price failed to trade down to the previous zone at 127.39. After price traded down to 128.355, we established an upper boundary at 129.25. The bullish bar and break above this level indicates that we are expecting further upside. Of course, this is very dependent on price holding above...

FinancialGamblR Updated 

This is a key pair that I'm watching for the week ahead. There are a few price action details that I've labelled accordingly. 1. Great reaction showing that price is unable to trade below 1.0366. 2. Price tested and experienced a weak selloff against the 1.03975 level. 3. Really strong bullish bar indicating that this selloff remains weak. 4. Price drift to...

FinancialGamblR Updated 

There's one key annotation to review over on this timeframe. 1. Price finally stopped trading in this range. This area indicates that price failed to trade to a new lower low. The breakout to the upside has a probabilistically likely chance to continue. This is also viewed over on the daily time frame.

FinancialGamblR Updated 

This is also a pre-emptive trade anticipating a breakout to the upside. 1. The resistance level is no longer being cleanly respected. 2. After price traded back below the resistance level, the selling strength exhausted rather quickly. It failed to push to a new lower low or even close the the previous lows.

FinancialGamblR Updated 

This is more of a structural trade. I am pre-emptively taking this to anticipate a price breach above the 0.70365 level.

FinancialGamblR Updated 

This trade is a bit anticipatory of price breaching to the downside for the week ahead. Over on the 1-hour time frame, the chart does look a bit more chaotic. However, it'll make more sense once you look at this price action in conjunction with the daily time frame.

FinancialGamblR

I've been watching this pair for quite some time now. After seeing it fail to push to a new higher high, this pair became a range play. As it breaches my lower boundary at 1.0604, I am expecting the downside momentum to pick up. Of course, this is provided that price does not make another attempt to trade above this level.

FinancialGamblR Updated 

This is a very structural move that's underway. Here are the key levels I've been watching: 1. Price bounced off 1.6553 and tried to trade higher. This failed to sustain because a bearish bar followed the super bullish bar. 2. Price tested the 1.6553 level again. This time, a super dominant bearish bar engulfs the previous bullish bar. Right now, we're seeing...

FinancialGamblR

There are two intraday levels I'm watching. 1. Price failed to trade lower, signalling weakness to the downside. 2. Important pinbar as price breached above both bars. The pinbar is an indication that price is holding the higher 1.5695 level.

FinancialGamblR Updated 

This is a look at a more structural move. 1. We see that the upside pressure is dying down. Price is failing to form longer bars as it trades higher. 2. This is where the rejection is occurring. Price is now trading below the daily level. See the 4-hour chart for the intraday level failing.

FinancialGamblR Updated 

I'm currently anticipating the 0.73055 level failing. If it does, I expect momentum to pick up. 1. Price pushes to 0.73323 highs after a very strong rally. 2. Price fails to trade above the previous high, which is a first sign that we can expect exhaustion. 3. This is where price is holding floored. If price breaks below this floor, I am expecting a major S/D...

FinancialGamblR

Just a couple of key price action levels I'm watching here. 1. This is likely a news driven move. 2. This is the first indication of price exhaustion. Price fails to push to new highs. 3. By this point, we establish a neckline. Price tried to trade above it and failed to sustain. 4. This is another attempt to trade above the neckline. Price also didn't...

FinancialGamblR

There are two key levels to watch here. Lower Upper Boundary: 1.62795 Higher Upper Boundary: 1.6307 1. EURNZD was in a massive downtrend and then stabilized. 2. Lower Upper Boundary has already been established at this point. Price showing upside potential by breaching this upper boundary. 3. This is another, very clean breach of the Lower Upper Boundary. The...

FinancialGamblR

Japanese yen pairs have been a pretty difficult read lately. However, this unsustained breakout does give me some decent early indication that there's downside to be expected. 1. Price first attempted to trade above the 85.885 level, which failed to sustain. 2. This is the great indication here. Price made another attempt to trade above the 85.885 level and...

FinancialGamblR

After trading in a range, we finally see an upside breakout. Price is also holding above the 0.84635 upper boundary. Here are the key points that I have been watching: 1. Price made a quick attempt to trade above the 0.84635 level. Although this breach was short lived, it does provide an indication that there is upside potential. 2. Price breached the lower...

FinancialGamblR

1.2369 has been a key upper boundary to watch. Four key price action points that I have been watching point to upside potential. 1. I wouldn't necessarily classify this as a fakeout. However, price traded below and failed to push lower at this point. Price went back above the 1.23165 lower boundary level. 2. This is a drift term. After a bullish spike, price...

FinancialGamblR

USDJPY seems to be moving in line with DXY for the time being. Three key points I have been watching: 1. Price hit a high of 114.465. 2. Price traded a pip lower at 114.455. The failure to breach higher is a good sign that we might be seeing exhaustion to the upside. 3. This is where I think downside momentum is picking up. Price just hit a high of 114.355,...