After coming close to an important structure high, price remain indecision for 2 days before Bears took over and been in control since then. I see no sign of Bulls yet and foresee price will continue its downward journey to test the swing low. Will be looking to sell the pull back at the flip zone to target the swing low. DISCLAIMER: Any opinions, analyses...
Price is residing at an important flip zone. It acted as a resistance, follow by support and now back to been a resistance with weekly candle closing below it. Will be looking for a trigger SHORT to target Fib 61.8 of the last major upswing follow by the swing low. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and...
EURAUD is showing sign of strength at an important structure but thus far, there's no confirmation yet. Will be looking at this pair closely for a potential LONG trade. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including...
Price hit a strong weekly resistance and reacted with a strong bearish impulse. I will be looking for further confirmation to go SHORT on this pair. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation...
Price has took out a key resistance. Will be looking for a retest to go LONG on this pair. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or...
After a strong Bearish run, price has reached a FZ(flip Zone) near Fib 78.6 of last up swing which also coincide with a RBR. The current H8 candle(which has yet to close) is showing sign of strength with its upper wick extending beyond the last 2 candles. When such price action happens near a important structure, it usually signify a potential reversal. Will be...
In the weekly chart, we can see price currently residing at a previous resistance turn potential support after a Bearish run from 13 Jul with last week registering a pin bar. There's no sign that Bulls are taking control yet but in the lower time frame, we do see a Bullish flag breakout. I will be looking to go LONG on pull back to target last swing high....
Price has formed a double top and weekly closed at he neckline. Will be looking for a break out and going SHORT on pull back targeting the daily proximal line which is near the fib 61.8 of the last major up swing DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept...
After executing a false breakout on Mon, price rallied and took out a structure high before pulling back. Will be looking to go LONG at the proximal line which coincide with the QML to target first the last swing high and next near the fib 78.6 of the last major down swing, DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal...
Price been looking Bullish in the past 2 weeks. Will be looking to go LONG to target Fib 61.8 of the major down swing DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which...
Looking to go SHORT at DBD which is also at the neckline of of the double top DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use...
The Bullish momentum has definitely slow down coming into Fib 78.6 and a flip zone and I see Bears been teasing but no conviction as yet. Will be looking closely at this pair for a SHORT entry. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any...
After breaking the neckline of a H&S structure, price pull back to a flip zone before reversing course and starts heading south again. The weakness is further confirmed with a weekly Bearish closed. Will be looking to go SHORT on pull back DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute...
After an extended Bullish run, we might be seeing a Bearish reversal. The sign of weakness came in the form of a strong D1 Bearish closed which we haven't seen for a long time. Moreover, this D1 Bearish closed occurs at a strong resistance area which is more obvious in the weekly chart. Couple by the fact the EURGBP and AUDNZD is showing weakens, I believe that...
Am looking to go LONG at the FZ(Flip Zone) for a potential last up swing to the D1 SZ above. Thereafter, will be looking for sign of weakness for a potential Bearish Reversal trade DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or...
Last week we see price broke the neckline of a H&S. Will be looking for a price action SHORT entry in the PRZ(Potential Reversal Zone, Lime Green box) DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation...
Price broke out of a 5 swing Bear Flag and now we are seeing the first pull back. Will be looking to go LONG targeting the D1 proximal line. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any...
After making the high on 27th Jul, Bears took control and push prices down to low on 3rd Aug before pulling back, thereby making a thrust of 20 pips off the last swing low. After a short pull back, Bears make another push before Bulls took control on 11th Aug. First sign of trouble is seen where the last drop registered a thrust of only 11 pips compare to the...