J_Ngatia

J_Ngatia

Daily Perspective: On Wednesday, the candlestick closed with a bullish sentiment, marking a slight advance above Monday’s resistance level around 1.3142. This move indicates a potential bullish trend continuation, with the next key resistance level to watch being 1.3261. The market’s ability to sustain above 1.3142 suggests a positive outlook, but it's crucial to...

J_Ngatia

Weekly POV: The previous week closed bearish, setting resistance around 2512. Daily POV: Yesterday’s candlestick also closed bearish, establishing resistance at 2520 and potential support around 2498. H4 POV: Look for buying opportunities above 2505, targeting 2514 and potentially extending to 2523. Conversely, consider selling if the price closes below 2492,...

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Weekly Timeframe: Last week’s candle closed bearish, almost reaching the July resistance-turned-support zone at 1.3091. Daily Timeframe: Yesterday’s candlestick closed bullish, with new potential support forming around 1.3122. H4 Timeframe: Bulls may gain momentum above 1.3144, targeting resistance zones at 1.3170 and 1.3220. Conversely, a bearish scenario could...

J_Ngatia

Things trying to change to the upside. guns loaded ready to fire. Happy Trading!

J_Ngatia

📈 **Trading Idea: Gold (XAU/USD) Entry 2370 to 2390** 📉 ### Overview: Gold (XAU/USD) has been showing interesting price action within the range of 2370 to 2390 recently. This presents a compelling opportunity for traders looking to capitalize on potential movements in the precious metals market. ### Technical Analysis: 1. **Support and Resistance**: The range...

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📉 **GBP/USD Bearish Analysis: Potential Trade Setup** **Entry:** Around 1.2810 **Targets:** Approximately 1.2700 **Technical Analysis:** GBP/USD is showing clear signs of bearish momentum on the daily chart. After failing to sustain above key resistance levels, the pair has formed a series of lower highs and lower lows, indicating a potential downtrend. **Key...

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As the currency markets make their final lap of circuit. Eyes on bitcoin, looking at bulls at play. Lets see how far will take it to those highs around 62300.

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Greetings Traders, Does the pressure increase or decrease when volume increases. Looking for shorts towards the lows. Happy Trading !

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As we analyze the current market trends, it's evident that Dow Jones is experiencing considerable pressure from bearish sentiment. This downturn reflects broader economic uncertainties and investor caution. As we analyze the current market trends, it's evident that Dow Jones is experiencing considerable pressure from bearish sentiment. This downturn reflects...

J_Ngatia

Bears are tyring to sneak in, this could be a good scenario to short towards 38500. Use appropriate risk management.

J_Ngatia

Greetings traders, Another cycle in the markets. BuLLs on the pounds already showing signs of an upward momentum to the upside. CLose targets could potentially be 1.2840. High impact news ahead of us during mid-week session. Stay alert, use appropriate risk management

J_Ngatia Updated 

Price action from yesterday"s NY session saw a huge bull rush in the markets. A break is oout from the up trend and looking to short towards the low.

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Greetings traders, Huge massive sells from Powells speech yesterday on interest rates. steadily interestingmove on shorts again with a potential to gain 50 pips

J_Ngatia Updated 

London presssure seem to be trying to push this index higher. Buys to the upper trend line.

J_Ngatia Updated 

Pound has been challenging to break of 1.2643 level. Spikes from CPI and Dollar economic data tried but were not successful. Still expecting a drop towards 1.2500 levels

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Timeframe H4: Entry of bears in the market during london session. Timeframe H1: Possible support could be 1.2669. Alternative view: H4: A break above 1.2780 qualifies bulls continuation to the upside.

J_Ngatia

Hello Traders. Another week is here to maximize market opportunities. GBPSD has been in a range zone. Zone ranging 1.2750 & 1.2700. Previous week we saw bears breaking support zone then closing the week back at resistance level 1.2745. Support Zone 1.2700. All systems from my POV look green for bears on H4 timeframe. Bulls would only confirm a continuation if...

J_Ngatia

Hello Traders, What a suprise from FOMC Minutes yesterday during New sessions, not so much volatility invloved in the markets focusing on #GBPUSD. H4 POV 1. Level 1.2700 is currrently our potential support. 2.Bulls pushiing higher 30 pips above support. 3.Bears to be scalping in and out for small wins. A close above 1.2765 would confirm strong bulls are here...