Currently observing what is playing with this pair, we're much likely testing a strong Resistance Zone of which is likely bringing it to the downside. we'll be shorting this pair as soon as it makes one of our valid rules with a good RRR at about the 16015.8 level .... Remember trading is risky so use proper risk management .... do like and comment below...
We likely see a good Head and shoulders Pattern in Nasdaq... And as we all know what we expect when we see this kind of patterns on a Higher Timeframe perspective... Soon we'll be looking for a Longing opportunity with a good RRR when our entry rules are been met.. Please like and comment below as it sopports alot in creation other trading opportunities like...
The GJ has been playing out quite well lately... With the buying pressure still looking fine and still interesting, we won't underestimate the power of the bears patiently waiting for it to go more up and then we anticipate a sell in line with our H4 Trendline and also confluence of a Strong Sopport turned Resistance...
Observing what we have on a Technical Analysis we can see the market did break a very strong Resistance Zone and it's down for the Retest... We used the Fib Retracement tool to get the zones which the market is likely to retest and we can see the 38.2 and the 50% as the very strong zone in line with Structure.. we would want to see the market drop more to the...
I've been observing the GBP index.... It's quite interesting as it has been flowing in line with d channel... It's down the Support channel of which we are mainly looking for the GBP on a Bullish perspective for the long run on... This is only a trade idea as we don't just take this.. we have our rules for entering nmand exiting... Simply follow your own rules...
Looking closely on the USDJPY, it's structure is a quite interesting one.. #A HEAD and SHOULDERS pattern found on a Higher Timeframe. Presently it's just started the move to the downside possibly creating the right shoulder. If you missed the entry to the downside to the neckline then no worries.. at the neckline we'll be looking for the buying opportunities in...
With what we can see the EURNZD has perfectly been respecting their found resistance zone.. Now it has come back, perfectly touched it again and started the move more down.. with it's present condition we'll only be expecting a Sell order at the found Resistance and now where else so we want to see it move more to the upside and their we'll be taking our shorting...
Damn the Gold as it looks much more interesting.. lately I've been damn busy with Shits... The Gold was just sitting around the Resistance area and it created one of our valid entries of which we took Gold on a Sell and we're riding... Presently i wanna be seeing the shit do it's work more to the downside probably down to it's Sopport Zone... We can all ride...
Wow.. the Dollar index just broke a very strong support area... And it's up for the Retest... This is quite interesting as you will want to be trading in accordance to the DXY (Selling the dollar).
Like i rightly said yesterday when the pair was just starting to complete the right shoulder of which me and my team did caught yesterday..( I'll drop the link in discription just below this analysis 👇).. It was really a big move... Today, we anticipate to the further downside movement still on the GBPUSD in completion of the H&S formed yesterday... It's...
Observing What we have on a GBPUSD TECHNICAL PASPECTIVE, we potentially see a Head and Shoulders Pattern. And as we all know what we expect after seeing this kind of pattern on Higher Time Frames... At the main while.. we will be adding the GBPUSD to our watchlist applying our Rules or Entry and with a good RRR for a potential Shorting Opportunity.. Remember...
Recall when i just posted my ANALYSIS on the DXY, if the DXY respects to Flag pattern i want to see, therefore we can be expecting a bearish GBP... Let's watch out for the break of the FALLING FLAG the GBP is also forming... A break will signify a position as I'll be trading along using my Rules and Strategy for a Shorting Opportunity...
Lately the DXY which is the ISD INDEX went down drastically.. got back to it's sopport zone.. and started the move upwayd.. presently the DXY is spotted on a Bullish flag pattern.. As we all know how to trade the BULLISH FLAG, we are expecting to see a break to the upside indicating USD to be strong... And only then would i be looking for a long or short...