Nhyiraba

Nhyiraba Updated 

The bigger picture is a double top which we are riding all the way down . the diagonal yellow trendline cuts through the neckline of the double top nicely,at the same time it lines up with the 61.8 golden ratio fib level and the trendline and also the desired price action candle as shown on the chart.that is a lot of confluence for this set up. Remember ...

Nhyiraba

I am bearish on this pair and i see lots of pips to be collected from the set up/trade idea if you look at the bigger picture price is captured/still in the channel .when we got to the top of the channel which acted as resistance,price did not break through we have been selling from the top of the channel.As i always emphasise price does not move in straight...

Nhyiraba

AUDNZD on the one hour time frame i can see the inverse cup and handle -bearish forming nicely .I also see a bearish variant flag. waiting for a break of the daily support(conservative trader) zone,retest and short to the next zone. For the agressive trader you can look for price action at the golden ratio of the fibs as this lines up perfectly with the fib...

Nhyiraba

This pair is currently at key level of structure.As i have annotated on my chart,i will be SHORTING bias if i get a bearish price action candle at this key level of structure to short or wait for the bottom of the channel i have trapped current price to break retest and then short. these are the confirmations i am looking at together with my already...

Nhyiraba

After reaching anticipated target last week .i am bias on this pair for a short.I see price going further down and a potential head and shoulders forming. however for the full potential head and shoulders to be valid price must fall break that supoort ,restest and further down to the daily support I looked at the trade set up on the daily time frame and same...

Nhyiraba

As you can see we did hit alltargets on this pair last week .currently the channel has been broken and i expect price to go further down to daily support Like i always say the markets move in waves and not straight lines which present and opportunity to enter CAUTION : trade with care and do your own analysis

Nhyiraba

ON a high time frame this pair is broken the daily channel heading down. remember although i anticpate a sell ,markets dont move in stratight lines so there will be pull backs at some point before it conitues to go doown further. On lower time frames its provided an opportunity enter as its retesting the broken trendline. CAUTION:trade with care and do your own...

Nhyiraba

Trend at the top is broken in the direction anticipated.I expect retracetment to the golden ratio on the fib. it will go further down if breaks the fib ratio is broken and retested then a possible head and shoulders is being formed. CAUTION:These are my ideas therefore do your own analysis and trade with care however if you want to learn this great skill send...

Nhyiraba

I AM BEARISH BIAS ON THIS PAIR. I EXPECT PRICE TO MOVE FURTHER UP TO THE 61.8 FIB LEVEL WHICH ALSO ACTS AS DAILY RESISTANCE. LOOK OUT FOR PRICE ACTION(PIN BAR) CANDLE . IF WE GET REJECTED I ANTICIPATE PRICE DROPPING TO THE DAILY SUPPORT LEVEL,ONCE THAT SUPPORT IS BROKEN,WAIT FOR A RETEST AND CONTINUE TO TAKE IT DOWN TO THE TRENDLINE LOOK AT THE BEARISH...

Nhyiraba

I am bullish on gold(XAUUSD) . the overall weekly trend is a bullish flag on the daily through the channel analysi /market reversal cycles trend i expect price move up in direction of trend once 2 cycles have been completed Also on the 4HR time i can see a bullish flag and also price action at the golden ratio of the Fib level RSi shows its going up (though...

Nhyiraba

HEAD AND SHOULDERS FORMING. PRICE IS CURRENTLY CONSOLIDATING .I WILL ENTER ONCE PRICE BRAKES AND RETEST THE DAILY SUPPORT ZONE TRADE AT YOUR OWN RISK THIS IS FOR EDUCATIONAL PUPOSE ONLY

Nhyiraba

PRICE IS CURRENTLY CONSOLIDATING . I AM BULLISH O N THE .I EXPECT PRICE TO BREAK THE 4HOUR RESISTANCE ZONE AND CONTINUE UP CONFIRMATION PRICE ABOVE 50EMA BULLISH DIVERGENCE PRICE ACTION -PIN BAR BULLISH FLAG DOUBLE BOTTOM CAUTION:TRADE AT YOUR OWN RISK .DO YOUR OWN ANALYSIS THIS IS FOR EDUCATIONAL PURPOSES ONLY PAST RESULTS DOES NOT GUARANTEE FUTURE RESULTS

Nhyiraba

I AM BEARISH BIAS ON THIS AS I HAVE LOTS OF CONFLUENCE FOR A HIGH PROBABLITY TRADE ONE OTHER ONE I DIDNT SHOW ON THIS IS FIB LEVEL,HOWEVER WHEN YOU DRAW IT YOU WOULD SEE PRICE RETRACED FROM THE GOLDEN RATIO FIB LEVEL AN Aggressive trader will go short once price breaks the major daily support and take it down to the next zone Non-aggressive trader will wait...

Nhyiraba

WE ARE CURRENTLY AT A VERY KEY LEVEL OF THE GOLDEN RATION (50/61.8) FIB LEVEL. I ANTICIPATE PRICE BOUNCING OFF TO THE TOP OF THE CHANNEL (HIGH TIME FRAME ) IF YOU ARE AN AGGRESSIVE TRADER YOU WILL BUY ONCE PRICE BREAKS THE CURRENT CHANNEL IN THE 1HR TIME FRAME NON -AGGRESSIVER TRADER YOU BUY AFTER PRICE HAS BROKEN THE CHANNEL AND RE-TESTED IN THE ANTICIPATED...

Nhyiraba

I anticipate price to further retrace to the 50/61.8 fib ratio and the go long