KiBeCh29

KiBeCh29

After a strong break BACK UP above the structure price resting on now, could we consider a trip back to 1.32601?

KiBeCh29

UNTIL that structure is broken, the complex Inverted Head and Shoulder pattern is still in effect with what can be easily described as the retest of the neckline. MY SAFE entry point will be ABOVE 11776.7 when we have a confirmed higher low.

KiBeCh29

Follow the break, follow the momentum, follow the trend and NOW we can follow the Inverted Head and Shoulder chart pattern that had formed a week ago and fooled many of us.

KiBeCh29 Updated 

EVEN THO this looking appetizing and attracting remember that the market remains the market! this right here is a clear beautiful INVERTED HEAD and Shoulders chart pattern with the neckline being clearly broken! However lets not just jump in and follow "the textbooks definition of how to trade this pattern" especially with everything that is going on around! In...

KiBeCh29 Updated 

Price is about to make a decisive move! a breakout in either direction shall be massive!

KiBeCh29

we saw gold going ultra instinct on Friday and strongly push to the upside back above 1920 breaking the 2months descending trendline after forming a higher low. And now gold has broken above it going for a higher high. If the same pattern is followed then we could expect another higher low or a pull back to the new support structure where gold could find more...

KiBeCh29

Price has broken above the trendline and seems to be enjoying its support now. My new scenario on this pair is that we COULD revisit 1.18739 IF and only IF that support line holds!.. however to have that clear confirmation i will wait for price to close ABOVE and RESTEST 1.18077 which is the highest of that area. Failure to do so could send this pair crashing back...

KiBeCh29

A clear break and retest of this chart pattern and the 80.141 price!

KiBeCh29

this scenario offers great reward for a very small risk IF price fails to break and close above 1.17898

KiBeCh29

we may be a long process of retesting the highs around 1.34193

KiBeCh29 Updated 

The Cad seems to be breaking out and above of this 7days ranging fight! Gud to go long on pull back

KiBeCh29

the correction phase not done yet expect further drop

KiBeCh29 Updated 

Watch for the break out and above the triangle

KiBeCh29

Anticipating a push to the upside towards 1.30625

KiBeCh29

Price has given us a clear DOUBLE TOP and breaks of well defined trendlines!

KiBeCh29 Updated 

Beautiful setup here on NZDCHF as price looking ready to come and meet the ascending trendline for its third touch, squeezing then dropping further down.

KiBeCh29

We've broken below a major support level! Expecting a further movement to the downside

KiBeCh29

Price about to resume its down movement