After a relook at our analysis we entered again and adjusted stop lose accordingly. even if we did not we were still correct in saying the DXY is going to bee bullish. well done Lungu FX team! like to analysis has been provided for reference
with the w formation we are looking to buy into this market however it will be best to wait for a break above support, then a retest. ------------------------------------------------------------------------------------------------------------------- fundamentals WEDNESDAY, FEBRUARY 16 10:00 EUR Industrial Production s.a. (MoM)(Dec) EUR 10-y Bond Auction...
Take profit is soon to be hit well done Lungu FX team. move stop loss in profit or take profit now link to initial analysis is linked
What an exciting bearish setup we have here. we note that the market has touched the bearish top of the bullish channel. the RSI has a lower over sold reading then previously meaning we have divergence.
Seems our analysis has come up as true. well done Lungu FX team. you may place stop losses on profits when market open up again. like to pervious analysis is given for reference.
Seems like the pair will making higher highs and I'm willing to bank on it for the following reasons: -Market has previously crested a bullish triangle which and sent the price flying. now market has come to back within that bullish triangle -there is also a bullish order block that that price has come within - we may see price drop a little more however backs...
With the retest of the triangle we can now re enter into the market with buy positions. the TP will be the bearish order block
Seems market is playing in our favour for the time being however may start to continue its bullish movement. close profits or place place stop loss in profits and wait for market to break below support before selling again. we have stop loss at 91.15. well done LUNGU FX team previous idea is linked for reference
We believe that USOIL will be moving bearish for the following reasons: We note the amazing bullish channel the market has been making respecting the resisting trendline and therefore we believe a repeat of previous actions will happen again. There is also the RSI telling us that market is way over bought signalling bearish movement. The fib extension of 1.128%...
We believe that the pair will be moving bearish for the following reasons: we seen that aver bullish movement the pair had broken out of its bullish trend line and has now come back to retest the pervious support now being resistance. the market has moved to the resistance zone of 1.27600 -1.27900 The resistance zone is also a well the same level at the 61.8 fib...
Seems we could see bullish movement for a the next few days for the folloWing reasons: we seen that the pair has completed its bullish w and retrachment this has resulted in a retest to the support
Seems we have started moving bullish and analysis has held true. well done lungu fx teem
This is a closer look at my weekly analysis of the pair stating that we may see a sell for the following reasons (A link to the idea will be provided below) TECHNICALS the GBPAUD has once again come to the resisting trend line. price after breaking below has made its way back to retesting the supporting trendline. we are also nothing a strong daily resistance...
GBP/AUD WEEKLY SELL Market will be moving bearish very soon as we have to a confluence zone of the weekly time frame time . as price is touching the bullish and bearish trend line along with price at the resistance zone. would recommend waiting for a reversal pattern on smaller timeframes such as the 1 hour and 4 hour time frame will posting a closer look in...
seems our anaisys is wrong here we had missed one important fundamenal.
Looks like markets re playing to what we have expected move stop loss in profits however we are expecting a pull back now. happy trading