John_Mwaniki

John_Mwaniki

Hi traders , from my point of view I see a very clear inverted head and shoulders reversal pattern on this pair. The price after rising higher fell down to retest the neckline and seem to respect it. I see high chances of price rising higher up to 0.67097 but may stagnate at the indicated levels. I would appreciate your views on the pair in the comments section....

John_Mwaniki

Hi traders. As we can clearly see, the price is following a triangle pattern. I see I a very high likelihood of the price rising higher towards the resistance line of the triangle.

John_Mwaniki

Hi traders, this pair has consolidated for quite some time and has formed a clear flag pattern. The next move will probably be a strong one. It had made a fake breakout earlier so we need to see a more clear breakout to confirm buy entry.

John_Mwaniki

Price may go up as a result of the flag breakout. There is a strong resistance level at 141.850.

John_Mwaniki

As we can see well the price is following a clear triangle and is headed to the resistance line. We can capture some few pips as we wait it to get there. If it manages to break the triangle from the top it will be a good buy opportunity. 0.90177 will be our first target(where it is likely to reach before retesting the breakout) and 0.91421 our second...

John_Mwaniki

CADCHF has been in an uptrend and following a trendline. It has managed to break it and has retested. There is high chances that the price may fall down and a good sell opportunity. However, there is a strong support/resistance level at 0.76160. We can sell if the price manages to break the level. Else, price may bounce at this level and continue being...

John_Mwaniki

Hello traders, for the past several days CHFJPY has been following a trendline. It has now broken and retested it. The price may go higher as a result of the breakout. But currently it is at a resistance zone. We can wait and and go long/buy once it manages to break this level. I will appreciate your views on the pair in the comment section. Hit like if you...

John_Mwaniki

Bullish flag breakout for AUDJPY. Price may go higher.

John_Mwaniki

USDCHF started following a downtrend trendline which it had respected severally just before it broke the ascending channel. The price is also currently at a resistance zone and hence high chances of a reversal. If the price doesn't manage to break the trendline we can go short for the pair.

John_Mwaniki

EURCHF is following an ascending channel. It has been hovering around the channel support line for some time now but hasn't managed to break it. It has been in consolidation and very likely to make a strong move once it manage to get out of that zone. Buy if the price manages to break the shaded region from the top. Your views on this pair are welcome in the...

John_Mwaniki

Price may go up higher due to triangle breakout from the top side. Buy if it manages to break the current resistance zone.

John_Mwaniki

Hi traders, BRENT has broken a trendline and properly retested the breakout. It is highly to proceed downwards.

John_Mwaniki

Hey traders... I see a good sell opportunity in GOLD. Wait and sell if a breakout happens to the triangle from the lower side.

John_Mwaniki

NZDUSD has been in a downtrend for quite some time. Scenario 1: On reaching to a strong support level it has formed what looks like a perfect inverted head and shoulders reversal pattern. Price is currently at the neckline and what we expect next is for it to move up a little bit then pull back for a retest of the neckline so that we can go long for the...

John_Mwaniki

Hi traders, XRPUSD has been on the rise within an ascending channel. It has bounced off from a strong resistance level and touching a 50 day moving average from the top. We can wait for the current candle to close bearish outside of the channel and go short for this pair. I would like to hear your views in the comment section. Like if you agree with the analysis.

John_Mwaniki

Silver is following a descending channel and just bounced from the channel resistance. The price also broke a support level and has retested it. I predict the price is highly likely to move further downwards. Share your views of the pair in the comment section and like if you agree with the idea.

John_Mwaniki Updated 

USDCHF has been on the rise and following an ascending channel. It has reached to a strong resistance level and was unable to break it. It has since then formed pattern. Follow it very closely and if the price manages to break the triangle from the lower side(which is also the support line of the channel) you can open a very good short. You can share your ideas...

John_Mwaniki

BRENT(BCOUSD) has been in a triangle and has managed to break it from the top side. We expect the price to shoot upwards due to breakout. Share your views in the comment area. You may like this idea too if you agree with the analysis.