Price appeared to have broken the low during the previous month. This monthly candle appears to be a retracement or a retest of that level. So far it a look as if price will respect that level and may be signaling it's setting up to make a large push to the downside. The weekly time frame show a double top, with a retest to the neckline, price also met...
Expecting a bearish move on EURJPY. Will be watching price make a retracement to the 4hour resistance zone (which is former support), then I will look for a sell setup to ride the bearish continuation. Price may form a head and shoulders pattern inside the supply zone. Weekly Price appeared to have formed a double top on the weekly (which is the High). Price...
I think NZDJPY, is a bearish swing trade. I'm expecting price to continue the continuation and create a right shoulder for an IHS formation on the monthly timeframe.
My outlook on Gold, is it's overall bearish. As you can see price had a major push to the upside and created a High. Now I believe price is making an attempt to retrace and test the "previous high". This previous high also lines up with the 61.8 Fibonacci level and is also near my demand zone. From the chart you can see price formed a descending triangle, and...
Looking for a retracement to the 50.0-61.8 fib level, to enter a buy.
My overall bias on EURCAD is bearish. After a bearish impulse I am now expecting a retracement to test the 61.8 fib level. There is also a bullish divergence on a lower timeframe which may be the catalyst for the retracement. I am looking for price to make a retracement before then a bearish continuation. I am expecting price to make it's third touch of the trendline.
Price had a nice size bullish impulse, now we are looking for a retracement and a possible test of the previous high. I am expecting a retracement before it's next bullish impulse, ultimately creating a higher low. Price is also showing oversold on the 4 hour time frame. I am looking for price to also respect the trendline creating it's 4th touch. Like, Follow,...
After the large sell off, I am expecting price to retrace and possibly test the previous double top on the 4 hour timeframe which also correlates to the 61.8 fib level. Expecting price to retrace before making it a bearish continuation and forming a new low.
Price has formed a new high and is showing oversold on the 4 hour timeframe. After a new high, it is time for price to test the previous high/create a higher low, before making its next bullish impulse. I am expecting a retracement to the 50.0 fib level then a continuation of the bullish trend.
Here is the update from a previous analysis on CadJpy. I have attached the previous analysis below. Daily 4hour
Here is my analysis for CADJPY. If you see something else, feel free to comment. I would love to see your analysis and try to see what you may see. Please, like, comment or follow. (Monthly TimeFrame) (Weekly Time Frame) (Daily Time Frame) (4hr Time Frame) Here is where we look to enter our positions.
Shorting Gold. Price created a double bottom. After the last bullish impulse of a double bottom, you should expect price to retrace to test the neckline of a double bottom. There also exist a bearish divergence which may be the catalysis for a move to the downside. If you see something else of feel otherwise, feel free to comment below and share your chart. Like/comment.
If you see something else of feel otherwise, feel free to comment below and share your chart. Like/comment. Monthly Price appears that it may create an inverse head and shoulders formation. A retracement here to the 38.2 fib level will create the rightshoulder. That fib level is already a support level as well. Weekly Price broke past the previous low which...
I am expecting a bullish move on EURGBP. The details are on the chart. If you see something else of feel otherwise, feel free to comment below and share your chart. Like/comment. Monthly Weekly Daily 4Hour
Expecting a bullish move On EURGBP. I’m expecting a weak pound next week. I see a bullish divergence on the 4hr. Price appeared to have found support at this current level and is losing bearish momentum.
Here is my analysis for GBPAUD. If you see something else, feel free to comment. I would love to see your analysis and try to see what you may see. Please, like, comment or follow. Long Term Idea (Monthly Time Frame) (Weekly Time Frame) (Daily Time Frame) (4hr Time Frame) Here is where we look to enter our positions.
Here is my analysis for GBPAUD. If you see something else, feel free to comment. I would love to see your analysis and try to see what you may see. Please, like, comment or follow. Long Term Idea (Monthly) (Weekly Time Frame) (Daily Time Frame) (4 hour Time Frame) Here is where we look for our entries.