HoneypiesfxS

HoneypiesfxS

Best zone for the bulls to kickstart their journey to 100k

HoneypiesfxS

From a much higher TF price still have the bullish momentum hence the original bullish bias but while waiting if a clear entry is given to short the pair before going with the bulls,we strike That being said hence the double bias analysis on the chart Remember the trend is your friend

HoneypiesfxS

Considering the order flow from a day traders perspective ,price has been finding it way to the downside indicating the strength of the YEN over the USD . That being considered hence the eminent bias to short the pair ,but caution should be put in place due to the upcoming CPI data and after that both zones should be watched closely

HoneypiesfxS

Inducement and liquity have been built up ,here majority of retail traders like you and I have either open orders or pending which may have been activated . The Smart money guys sit right on their hands waiting for all the money to be swept out then they shot their short Remember this season is for profit taking

HoneypiesfxS

Over the past months the strenght of the USD has proven its course breaking so many shakels in the financial market The XAU/USD is yet to break its final baricade which is the current supply zone where price seems to be reacting From the look of things the USD seems to me loosing its strength but its has not been proven to be true until otherwise For this...

HoneypiesfxS

Obviously across boards USD as the Quote currency have been on a bearish move due to the Hawkish nature of the dollar index ,interest rates etc From the point of Technicals on the chart I'm expecting price to touch the Immediate SUPPLY zone with a good PA we are good to short the pair But looking at the OB spotted above the currently S zone makes the immediate...

HoneypiesfxS

The overall trend for the pair is bearish ,looking @H4 order block shows it's yet to be mitigated and we have an imbalance close to the supply zone .Currently I'm expecting price to react on the demand zone it's headed to currently then make a massive move to the supply zone for us to fully follow the trend For now I would be taking a low risk because this is...

HoneypiesfxS

Price is back at a key demand zone so we are expecting price relationship to play out massively at that zone

HoneypiesfxS

Short on rally wait for total confirmation or a break of the ascending wedge

HoneypiesfxS

Don't blink and eye the BULLS have it this around maybe slow but trust us it surely get their . The pair has had its share of the Elliott wave count added with the truncated 5 which came in a parcel (false breakout) completely completing the 9wave Switch over to the lower TF to spot your entries

HoneypiesfxS

After ranging in the pattern for a very long time the pair has finally broken out of it's long falling channel .With this we expect a re-test then the break of the mini resistance for the jolly ride

HoneypiesfxS

Overall trend is bullish and we have been able to spot a key Zone for the constitution of the bullish trend

HoneypiesfxS

Bulls setting In for the long ride

HoneypiesfxS

Finally the INVERSE AND SHOULDERS is broken and we have a another chart pattern formed on the NECKLINE in expectation of the retest giving us a FLAG pattern which signifies the bulls are currently in the market Just leave me a comment in the comment section and tell me what your thoughts and also a thumbs up if you go with me

HoneypiesfxS

GBPCAD The pair has been on a down trend and has been respecting the descending trend line as the resistance where it has been pulling down from ,at this juncture the pair has currently broken the previous weeks HIGH after a very long mini consolidation in that zone giving us a double bottom which price respected and bounced off from ....Currently on the previous...

HoneypiesfxS

Its no news that the GREAT BRITISH POUNDS is about to sky rocket which will give rise to the GBP pairs across boards.Here is perfect clean set up which shows vividly from the W1 that the original trend is an ascending one and moving down to the lower time frame which brings us down to pretty multiply time frame analysis we can see clearly here on H4 that their is...

HoneypiesfxS

The ascending trendline channel has been broken giving us a HEAD and SHOULDERS chart pattern.A retest of the broken trendline will give us a very good reason to open up positions knowing fully well that we are about to ride the bigger fall seeing from the W1 timeframe which made its impulsive move and formed a correction which has just broken...The fall of EURGBP...

HoneypiesfxS

FALLING WEDGE