The cable is strong. We have seen the break and retest of level 1.2115 last week, showing strength in the cable movement to the upside, and the probability to continue to have this strength until it reaches the level of 1.2624 is 85%. The ideal stop loss area is 1.2104. Entry: Market order.
ZOOM THE CHART TO SEE CLEARLY . Currently, AU is inside the triangle but losing momentum to break the resistance level of 1.67687. It's clearly showing failure to make a new high by the appearance of the bearish pin bar that formed below 1.6787. Now, what's up? We need to sell this to make just 41pips out of the market. Entry:Market: Exit: 1.66712; stop lose: 67507
Hello traders, I believe some of you lost money yesterday thinking the cable would continue the bullish move, but unfortunately, the cable changed the direction. Today, the question is, will the cable continue the down move? Yes, there is an 85% probability that the pair could down to the level of 1.19418 or below. The bearish reversal signal is expected from...
Hi, Good day over there. In my previous analysis, I said that the cable will go down and indicated the levels to take profit. Now, the market is going as predicted. Perhaps you are thinking about which level to take from. There are two sure levels to which the price could probably reach today: 1. 1.1739, 2. 1.1641, as seen in the daily timeframe. These are the two...
Why do we hope to sell the cable today? The price has for me a semi-classic pin bar at the key level resistance area which is signaling a weakness on the side of the bulls. Historically, the price has never been able to make a new high. There has never been any attempt to break the resistance level of 1.1965. Stop Lose: 1967; Take Profit: 1.1833; Secnd Take...
This is a simple technical analysis. The cable is in control of the market. With the present market condition, the market may experience a more bullish move into the coming week. The price is completely above the inner and outer trendlines, as a result, we remain bullish until the market pulls back and breaks below the level of 1.183. Profit Target: Our first...
This is a simple technical analysis of the GU. In The h4 timeframe, a bullish engulfing candle had formed, indicating a bullish momentum.
The cable has broken the triangle and it's heading for the next key resistance levy. Take profit there or above it.
USDJPY is showing a sell continuation as it's failing to make a new high. The double-top pattern has formed with a pin bar and is now forming a bearish engulfing candle. You can wait for this current candle to close before placing a sell order. Pips aim: 50pips. Stop lose: 140.81; Take profit: 139.67; Entry: Market.
The GU will have to sell for about fifty tips now. Entry: Market. Timeframe: 15
LET THE PATIENCE PAY THE BILL I have redrawn the trendline now to be more clear. All you need Is patience. Wait for the signal in the H4. Mind you, there will be manipulation from the smart money, the banks around here to hunt for the stop losses. Be careful. Don't rush. Let the market show you the direction. Signal To Watch For : H4 bearish signal
Good morning there. I know that some of us lost money yesterday. Fine! That's the inevitable event in forex. We win, we lose. But the winning streak must be more than the losing streak. That's the fact about making money from forex. What do we have today? In the GU market, I see a reversal, the big one. Why? It's because the price is currently at the event area,...
As the GU is selling as predicted, please bear in mind that this is an update on the current bearish move. The first sure take profit level is 1.1334, and the second is 1.1274. Don't be greedy. Work hard to learn this business, and you will never be broke again. Happy trading.
Hi there, yesterday we saw a strong sell move that made us roughly 200pips. Fine! The question now is that will the cable continue going down. The answer is YES! If you can see what I'm seeing you will understand why I have a sell bias regarding this market. The move you see in the small timeframes like 30-1 timeframes a part of the bearish pullback. If you look...
Hi there, the GU is currently at the key level area and lingering. The inside bars have formed and have been followed by a fakey pin bar in the H4 timeframe while we have an indecision candle, a Doji in the daily timeframe. The bears are in control of this market and there is no room for buying this market, except if you are a scalper who trades in a small...
Yes. Hi everyone, I'm back after having made a close watch on the GU. The strong downward move is strongly intact. If you are on sell before, then hold on to your position. Now, for those of you that have longed it, get out to avoid too much loss. LOSE IS INEVITABLE IN THE FOREX BUSINESS. YOU JUST HAVE TO KNOW HOW TO MANAGE IT PROFESSIONALLY BY THE USE OF PROPER...
Hello there, this is the GU update. If you recall that I told you that if in the daily timeframe the daily candle closes a bearish, then we could aim at selling the GU for the rest days of this week. But now, as I have discovered a new move in the GU market, I saw a strong bullish engulfing candle just formed now in the H1 timeframe. which shows that a reversal...
Look at the screenshot taken on the GU chart below. If the current candle closes a bearish bar today inside the previous bullish candle, then expect the GU to sell for the rest days of this week. That's a channel chart pattern. Pay attention. Open your eyes. First take profit target is 1.1380; Second take profit is 1.1272; Third take profit is 1.1148; the stop...