NJONGO_1

NJONGO_1

good afternoon traders. this is a eurjpy on a H4 time frame. this pair has broken the 129.594 price and also found support at 0.382 from the Fibonacci retracement tool. our original trend is a buy or going long. we are witnessing two retests, a trendline retest and a 0.382 Fibonacci retest, I remain Long and should we break we break to 128.515

NJONGO_1

A Pennant has been identified on the H1 time frame. this is the third test on the rising support and we have seen a descending resistance line test I still remain bearish on this pair but we could however see another 111.500 retest or a descending trendline retest before going down News with regard to the pair can be found on dailyfx www.dailyfx.com

NJONGO_1

Over the past 24 hours we have witnessed an increase in price price is now at resistance and has been rejected off the parabolic support I remain confident in a 145.000 take profit

NJONGO_1

I return after an analysis a few days back with regard to the GBPJPY pair. I had identified consolidation within the 142.400 - 143.000 region due to no market participants. Today, what I can notice is that the consolidation box has expanded and the candles are off different structure. the Parabola in this case acts as an uptrend support and the horizontal...

NJONGO_1

Good afternoon traders. this is an update to my USDJPY chart that I analysed over the weekend when the markets were closed, today we have witnessed Bearish movement. the market opened for the USDJPY pair at 111.300 before spiking down to 111.000 we thereafter witnessed a retrace to 111.200. I am confident that fir the remainder of the week we shall see further...

NJONGO_1

this chart has been on a uptrend since the 26th March 2018, the chart reversed with a head and shoulders formation on the 18th of July 2018 and since been on a downtrend on the 20th of August 2018. we witnessed a reversal from the 110.000 region. now if we take a look on the 4 hour time frame 111.600-111.400 seems to be an interesting region and upon drawing a...

NJONGO_1

this is a Eurodollar on an H1 time frame we have reached a key level at 1.16400 at this level. we have formed a resistance for the third time, the first being on the 8th of August 2018 and the second being on the 22nd of August and lastly the third being on the 26th of August. on the daily chart I had identified a downtrend with a head and shoulders. this week...

NJONGO_1

I HAVE IDENTIFIED A CUP FORMATION AND A NEW HEAD AND SHOUDLERS FORMATION

NJONGO_1

This is an update to the Euroyen chart that I had predicted on the 13th of August , the price is now as 158.854 and I still remain a Bull to 135.000

NJONGO_1

This is a GBPJPY chart on a H1 time frame I had updated on the pair formation a few days back this pair has no major news besides MPC MEMBER HALDANE SPEECH in 3 hours we have witnessed consolidation due no market participation over the past few days. I remain confidant in my analysis and shall wait to see how this pair unfolds

NJONGO_1

Good Morning Traders the head and shoudlers formation completed last night and I have identified a downtrend channel. what I can identify now is a Retrace that will most probably break this coming week and head down towards 1.15000

NJONGO_1

Good evening this is a euro dollar chart on an H1 time frame to day we witnessed a break from 1.16000 down to 1.15406 before retracing back to 1.15800 the last retrace was the completion of the HEAD AND SHOULDERS. The pair has broken the uptrend line and found support on the downtrend support line.

NJONGO_1

EURO DOLLAR ON AN H1 TIME FRAME THE CHART RETRACED 300 PIPS WITH A HEAD AND SHOULDERS FORMATION THAT HAS OCCURED WE HAVE A DOWNTREND SUPPORT LINE AND I SEE THE MARKET BREAKING AND GOING TO THE DOWNSIDE MY IDEAL TAKE PROFIT WOULD BE 1.15000

NJONGO_1

this is a simple retrace that has reached resistance. the original trend is a BEARISH movement i would take profit around 110.000.

NJONGO_1

Good morning Traders. this is to update you on the trendline break at 1.16000. this comes after I was kicked out at 1.15600 I therefore waited on the perfect setup before entering for a short position as I had done previously. this time however it proved successful and I took profit at 1.15600 this morning. we should witness a retrace and continue going...

NJONGO_1

The chart has reversed and gone Bear after a precise analysis, I have been kicked out and I was protected by my stop loss

NJONGO_1

This is a Pound Yen chart on a hour time frame, for this pair I have identified normal market movement to the trend line for a retest. this pair has potential to break the resistance line and head to 149.00 after the 15th of August low of 140.00. we have medium term news for the yen tomorrow and thus I see no further reason to why the pair would divert of course.

NJONGO_1

THIS IS TO UPDATE YOU ON THE LONG POSITION THAT I TOOK , PROFITS HAVE BEEN SECURED AT 0.73500