M_KAY

M_KAY

The instrument has been trading in a global bullish trend. Recently it has been trading inside a falling channel and respected a number of key zones. Here are the key areas of interest in my view. Please do your own analysis before placing any trades. Cheers and happy trading !!!!!

M_KAY

GJ is trading inside a rising trend on D1. Following this trend, this pair has broken above this key zonal structure on H4. If this structure proves to support the GJ price and reject, I will be looking for long opportunities. Please do your own analysis before placing any trades. Cheers and happy trading !!!!

M_KAY

USDJPY has been in a bullish rally inside a wedge for sometime now. Since this wedge has been holding, I'm looking for shorts if there will be a breakout of this rising wedge and the mirror level. If the price gets rejected on this mirror level, we may see a further bullish continuation. Please do your own analysis before placing any trades. Cheers and happy trading.

M_KAY

In my view, the price is trading inside the falling channel on both H4 and D1 and has entered into a very strong key zone 1. I am looking for short opportunities if the price will break below this zone with TP at key zonel 2. Failure to break it and the price breaks above the falling channel on D1, the setup will be invalidated. Please trade using your own...

M_KAY

The pair is trading next to the rejection zone and historic trend line on H4 and D1. The zone has seen the price being rejected 3 times since April 14 and the trend line has been holding for some time. In my view if the price fails to break the trend line and pass below this zone, this will be good indication of a bullish move as indicated in the chart. Break...

M_KAY

I had published the long trade weekly plane for EURUSD. In my view both on H4 and D1 time frames, the pair is trading bullishly and this is likely to continue for some time. If the current trend line is broken, it is only then I will personally start looking for short orders.

M_KAY

The instrument broke below the bullish support trend line and is now testing the major support area. In my view the instrument will do a short correction bull move as indicated before continuing its bearish move down.

M_KAY

In my view the pair is trading within the rising channel and I see 2 scenarios that can happen. Currently, the price is rejected by a strong key level from above, failure to break this level we can see the price moving down to possibly retesting the below border of the channel before shooting up.

M_KAY

The pair is in the resistance zone and I believe a short term correction will be seen.

M_KAY

In my view, Gold entered a range since 16 April 2021 which makes it difficult to trade but wonderful for range traders. The best place to buy will be break above the border and best place to sell will be break below.

M_KAY Updated 

In my view, cadjpy will fall after the break below of the trend line and subsequently the key level.

M_KAY

The instrument has broken out of the range rectangle and quickly approaching the key level and a trend line. In my view, I expect a short term long opportunity if the price can bounce of the key level or create a false breakout.

M_KAY

In my view, gold broke above the key level around 1781.00 area yesterday with a higher ATR and is looking to retest this area before heading to 1800 area. Break below the key level on 1781.00 I believe will give short trade opportunities.

M_KAY

LOOKING FOR LONG TRADE OPPORTUNITY AFTER THE BREAKOUT OF THE KEY LEVEL.

M_KAY

I BELIEVE THERE ARE 2 CASES FOR GOLD THAT WE CAN OBSERVE TODAY.

M_KAY

The global trend for the pair is up. Looking for a long opportunity above the 1.21500 key level to complete the head and shoulder pattern.

M_KAY

The global trend for the pair is still bullish, looking for an accurate buy order at the break out of the key level.

M_KAY

Looking for a long trade opportunity above the below key level after a retest of the level.