Jal121

Jal121

A key long term resistance zone. Price is getting squeezed in this rising wedge type structure. This week we've seen indecision with increased sellers in the market at this key level. Will we see a break of structure and move to the downside? Happy Trading. And always manage risk!

Jal121

Another test of that upside pending for USD/JPY today. Keep an eye on this pair traders. It will give us a great indication of longer term USD movements across all currency pairs. More information? Just direct message me and I'll do my best to get back to you all! Happy Trading!

Jal121

On the 6th January we posted the linked analysis for GBP/JPY. We have seen a break of this flat channel to the upside! We are predicting market moves consistently before they happen! We could see price fall to retest the top of our flat channel and form another potential buy opportunity! Keep an eye on this pair!

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NZD/USD - 4HR I appreciate there is a lot going on in this piece of analysis here. If you don't understand, private message me and I can break it down for you! We can see a break of structure, push to the downside and a bearish retest of a key level in the market - our sell confirmation. Happy Trading. Stay tuned for more analysis

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GBP/AUD - all the info you need is written on the charts. This is absolutely textbook one hour structure so far. Put this is your break and retest notes! Breaks and Retests are a fantastic confirmation of trend. Use them! Happy Trading guys!

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Here I'd just like to go over a great buy position on EUR/AUD. We know the pair is in a long term downtrend. This doesn't mean we can't take intraday buys on the pair providing we target sensible levels. Here we are highlighting how a trendline can be utilised as dynamic resistance. The fibonacci level drawn from our 1hr swing low to high shows that our 0.764...

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Watch this pair. For USD to complete a full reversal price will need to break out our long term descending channel and our marked blue key level!

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USD/CAD - Daily Chart - This is another market we posted last week and check out what's happened here. We're seeing bulls take over the market after the bounce off support in confluence with the 1.27 whole level. Will we see price test the top of our 210 pip range? Keep an eye on this pair.

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After touching the top of our ascending channel price has formed lower highs and lower lows including one break of a very key 4hr level. Price has moved 200 pips and currently finding some bulls sitting at 1.35. We have a very strong daily chart level at 1.34. Fundamentally, we have possible reasons why we could see USD bulls continue to take the dollar...

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Good morning traders! Check back to last week where we predicted a break of structure on the pair. Well, we've seen that. Look at price now respecting and finding support at our already marked key level in the market. With bears looking pretty strong will we see a break of this level and further movement to the downside this week? Look closely, and you can see...

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Simple outlook of this pair on the daily. What happens to price in this key zone will be instrumental in predicting whether USD will complete a reversal to the upside or continue it's decline. Keep an eye on this pair! Price could break this long term descending channel! Have a great trading week folks!

Jal121

GBP/JPY 4HR - Remember yesterday we posted analysis on the pair expecting a break and retest move to the upside. We didn't get triggered into this trade as price didn't come back to test our key level, but we certainly saw the bullish move. However, price now testing our 4hr resistance as expected. Will we see a break or a bounce heading into next week?

Jal121

GBP/AUD - 1 HR - Keep Trading simple. Identify trend, mark key structure levels. We're watching this pair heading into next week.

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NZD/USD has been on a long term uptrend since March 2020. Zooming into the 4hr we can identify an ascending channel that has been respected for some time. Here can see that key levels are being broken to the upside and price is coming back to retest the level as support. From these levels we can take out long positions as a break and retest setup. It will be...

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GBP/JPY 1 Hour chart - Possible buy opportunity forming in line with our higher time frame analysis! See our previous analysis on the higher time frames too!

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This is EUR/USD on the 4HR Chart. We can see price is testing our longer term ascending channel and we could see a possible break. Watch this 4HR candle! The purple level is our long term level marked on the Daily chart. Our blue level is a lower time frame level that price has respected numerous times.

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Good Morning Traders. Here is an educational piece on two key things. Before trading a currency pair, we want to head to at least the daily chart to identify the long term trend on the pair before we scale down to our lower time frames. To identify a trend is simple. For an uptrend, look for higher highs and higher lows. Here is a clear long term downtrend on...

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GBP/JPY - 4HR Structure We can see here that price is trading in a flat channel, with 2 bounces off our 4hr resistance and support levels. Zoom out to the daily chart and we can see this pair is in a long term uptrend, and nearer the bottom of our 'bigger picture' ascending channel. Therefore, we can anticipate that price will break out of this structure to the...