NoCeilingsTrading

NoCeilingsTrading

Original Analysis performed on April 4th Price has failed to break below the support/ demand zone . As you can see price has been respecting this area for quite sometime. If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area . I am expecting price to possibly...

NoCeilingsTrading

I am looking to short gold. Originally price found support at the monthly/weekly support/demand zone. Price ultimately formed a double bottom. I was expecting price to meet resistance at the neck line (which is also the daily resistance level), and it has. Since price fail to break through the neckline, I am expecting price to retrace to the 50.0-61.8 fib level,...

NoCeilingsTrading Updated 

Price has failed to break below the support/demand zone. As you can see price has been respecting this area for quite sometime. If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area. I am expecting price to possibly "retest" this area. Price has began it's push to...

NoCeilingsTrading

Take a look at my original analysis, to see how price has behaved. Price has now completed the Inverse head and shoulder pattern. Price has retraced to the 61.8 fib level. Here is where price found support at that fib level which also correlated with the daily support. Price now began making its bullish move to the upside. I am expecting price to test the...

NoCeilingsTrading

Here is part 2 of my EURUSD ANALYSIS. Look below for the original analysis. Price has begun it's bullish move to the upside and is pulling back as expected. I will be long on EU until price meet resistance and form a bearish candlestick pattern, then I will look to short. Here is the image of the original analysis performed on March 28

NoCeilingsTrading

Take a look below you will see the previous analysis of this pair. Originally price formed a double bottom. Price retraced to the neckline as expected. After the retracement priced formed a doji on the daily (signally a possible reversal after the downtrend/sell of). This area was near 61.8 fib level, which is where price respected and found support at this...

NoCeilingsTrading

I was initially expecting a higher retracement, but due to the dollar being very strong at the moment, it was only a short retracement. I entered a sell position with a 30 pip Sl. The Monthly, Weekly and Daily are all showing bearish signs and a appears that price is ready to make the huge move of the Head and Shoulders pattern. I could be wrong, what's your...

NoCeilingsTrading

-Price found support at the monthly/weekly support or demand zone and began it's push up. -After an extended push to the upside (or bullish pressure), it appears price is preparing to make a retracement. -Price broke through the daily support level now, I am expecting price to retest this area. -After drawing a Fibonacci, it appears the 50.0 fib level corresponds...

NoCeilingsTrading

Monthly/Weekly -Price formed a double bottom , then made a huge bullish push. -It finally met resistance and has now began its retracement, usually after a double bottom formation we expect price to retrace and test the neckline. -After drawing the Fibonacci from a low to a high, you will notice the neckline lines up with the 50.0-61.8 fib level along with a...

NoCeilingsTrading Updated 

Looking to sell EURUSD I am expecting the dollar to continue to gain some strength, which in turn will cause a weaker euro. I think price will retest the previous low and find support at that area (the green zone). I am expecting tp at the 1.163 area.

NoCeilingsTrading

Weekly Price found support and has been consolidating after a long downtrend. The previous weekly candlestick was a large bullish candle, which showed there was a significant amount of bullish pressure. Daily Price appear to have found support and formed a double bottom, which is a bullish candlestick pattern. After the formation of the double...

NoCeilingsTrading Updated 

I think GBPAUD is about to take off. Price appear to have formed a bullish flag on the 4hour time frame, and made a break out. This is looking like a swing trade. If you go take a look at the weekly chart, you will notice that price was in a retracement for the pass 2-3 weeks. Price found support and is now making a push to the upside.

NoCeilingsTrading

Monthly/Weekly -Price is clearly in an overall bullish trend. But price appears to have become overextended, after a huge breakout (through the trend line) and has since been consolidating preparing to make a possible pullback/retracement. Daily Price has formed a Head and Shoulders (H&S) formation which is a sign of bearish pressure or a possible...

NoCeilingsTrading

I am expecting a some bullish pressure. 1. Price has found support and appears as if it's setting up for a chance to breakout out of the bullish flag. 2. Price respected the lower trendline of the flag pattern. 3. Price also retraced and found support at the 50.0 Fibonacci level. The combination of the previous 3 statements eludes that there is a MAJOR support...

NoCeilingsTrading

You can find the original analysis below. A large bearish move happened as I anticapated. I am expecting price to continue lower. Analysis Performed on 3/21/21

NoCeilingsTrading

Expecting some bullish pressure of the EURO. Price made a bearish fall but ultimately respected the monthly trend line. Price then formed a double bottom (which is a bullish candlestick pattern) There was also bullish divergence confirming that price was ready to make a push to the upside. I am looking to enter a long positon, once price make a retracement...

NoCeilingsTrading

This week I am expecting some volatility in the market due to the fundamentals. On March 22&23 there is US news, where Fed Chair Powell will speak. This news heavily affects interest rates which can possibly make the USD stronger. There is similar news regarding the British pound on the 25th. The higher a country's interest rate, the stronger their currency....

NoCeilingsTrading

Here is an Update on my Long position of GBPNZD. I have attached previous analysis below. Price has reached my particular target area and fell roughly 20 pips short of my TP area. Feb 4 December 12