Ocean98

Ocean98

NZDUSD looks bullish considering the fact that the marked yellow area is considered a swing higher low. trowing a FIB from that point to the all time high we can clearly see a pull back into the golden zones .Monthly & weekly time frame are Bullish. Possible HL formation on current price before we being the run.

Ocean98

OANDA:USDJPY Bullish on UJ

Ocean98

xauusd to make a pullback then hit the previous HH

Ocean98

EURUSD looks bullish, the market has been in an uptrend forming HH and HL, looking at recent price action we can see that the market has made a pull back into the 78.6 Fib level and gave us an impulsive move to the upside engulfing the previous candlestick. i anticipate a bullish move for the week ahead until 50% Fib level as TP 1

Ocean98

GBPJPY is looking solid for a long term impulse to for new highers but it all depends on how we react on previous market high. looking at the monthly chart we can see how the market created a higher high then came back to fib levels to create higher low. we are now seeing a market forming deeper pullbacks and long term impulsive moves to the upside. the daily...

Ocean98

GBPUSD look bullish for the week ahead, the market has created a ranging market or bullish flag. using the wick rejections we can see a clear formation of new highs with the higher lows being formed, the market has issued a bullish engulfing candlestick on daily time frame, in confluence with the double bottom or the market failing to push below previous higher...

Ocean98

XAUUSD looks bullish for the week ahead, the market has been in a down trend for some time, but we saw how it failed to create new LL between March and April, which resulted in the formation of a double bottom, after that we saw the market pushing up higher impulsive and Violated the previous LL structure, it then went straight to previous LH. Looking at the...

Ocean98

GBPJPY is still bullish, we have seen the HL formation on 4h chart in an ascending format, possible push to all time high but it is wise to look at the Current High of the market then the second High of the market

Ocean98

XAGUSD is in a bullish trend, the market has been ranging forming a potential ascending triangle. looking at the structure we haven't been forming any new highs but we have been forming higher lows, using the counter trend and the imbalance candlestick i would wait for a clear indication of bulls in the market to swing trade this commodity back to its all time...

Ocean98

GBPJPY is bullish, the market has formed a new HH and came back to retest the previous HH, creating a HL, Looking at the current structure it would be nice to wait for clear bullish confirmation on 4 hour to daily timeframe, if the market breaks and close below our higher high then a bearish move can be seen

Ocean98

EURUSD Has tapped into the all time higher and created a reversal structure indicating a bearish cycle, the market has failed to create a new higher high and formed a lower high, looking at the current structure we can simply anticipate the next bearish push back into the Lower low created and mind you the sell can be extended back into the holding higher low. i...

Ocean98

AUDUSD is currently in a bullish cycle, looking at the overall structure the market could be making a pullback to form a higher lower by retesting the previous higher high, but if the market closes below that area then i can consider that the bearish cycle has started, looking at current structure, the current lower low formed can hold the market or the sell can...

Ocean98

USDCAD has shown some great potentials for a change of structure, the market tapped into the weekly level then gave us a strong impulsive candlestick to the upside creating the Lower high which can be a Higher high of the market depending on whether we form the higher low or a new lower low is the coming days. i still consider USDCAD bearish until i see a...

Ocean98

xagusd outlook

Ocean98

EURGBP SHORT

Ocean98

Pound is looking solid for a bull run to resume, the market started off by breaking all time HH to form new HH then came back to retest structure forming HL the pushed through for new highs but the bulls lost momentum along the way allowing bears to take a bit of control in the market by pushing it back into the smaller BOS or 61.8% Fib level forming HL, perfect...

Ocean98

GBPJPY could be cooling off a bit after tapping into the strong level, i do expect the bullish momentum to resume after retesting the previous HH creating a HL. and yes the is a possibility of that the marked area could hold the market and resume the bullish cycle,thus it's better to let the market play out and give us direction.

Ocean98

USDMXN is bearish but the market is being very corrective on the BOS or weekly level, the market retrace back into previous LH but all that depends on how it react on the market area of interest, a close above it could be signalling a bullish cycle but a close below could be indicating a bearish pressure, It's always Good to wait for a clear move to avoid being...