On 4 hrs time frame Gold has formed an inverted head and shoulder chart pattern and the neckline has been broken and retested, there fore we are waiting for the price pullback to the neckline and trendline so that we can trigger our buying orders. WHAT’S YOUR OPINION ON GOLD??
Let look on this simple chart it shows it all how I went long on GOLD
Ethereum is looking more bullish after it has broken a resistance zone,H1 trendlind and the price has retested the broken resistance zone (now support zone) and it has formed a reversal candlestick on the H1 bullish trendline and that give s us a clear buying signal.
Yeah as I shared on my previous insights this is the EURAUD update and as Ya'll can see the price keeps going as I analysed 😊
As I shared my insights on the previous post,yall can see that GBPJPY is cruising nicely
GBPJPY will keep on bullish momentum after being rejected to the H4 trendline and retrace back to the H1 minor trendline,it has formed a pin bar candlestick on the trendline which is the signal of the reversal of the price direction.
Yeah due to a long consolidation that can clearly be seen in H4 and H1 timeframe its clearly that bitcoin has failed to break out the consolidation area and it has formed a reversal candlestick at the resistance zone so we are now looking to short it.
From our previous analysis of GBPJPY our Insights showed us the pair will go long and this is our update as the price is still buying as you can see from the chart
XAUUSD will go long after it has failed to break a strong support and it has broken a H4 trend line and retested,in my opinion it will go long towards the previous broken support.
as shown in the H1 chart, the price is now completing the right shoulder to complete a HEAD AND SHOULDER chart pattern which is a strong selling pattern, and it has formed a minor bullish channel in H1 therefore when the price breaks lower trend line it will fall and complete a second shoulder then when it breaks and retests the neckline it may fall to 160.41 and...
According to my analysis i can see that GOLD will go long after breaking and retesting a minor trendline in H1,so we will have to wait for a reversal candlestick to have a complete buying signal. It will simply buy to the 1762.88 resistance level.
After a massive retracement finally the price has now reached to the 50% level of fib retracement and it has formed a reversal candlestick at that level, this gives us a selling signal from that price level. WHAT IS YOUR OPINION ON GBPJPY tell us in the comments.
As i shared my insights before on shorting EURAUD, YES our prediction was legit and now we can witness a 123 pips move in profit, so if anyone took action is now in deep profits.
hello guys, t his is my insight on CADJPY, from H1 point of view the price broke the daily trendline and retested it then in H1 it formed head and shoulder chart pattern which is a strong selling signal, not only that but also it has broken minor trendline in H1 and it retested both the trendline and the neckline of the head and shoulder pattern, hence this gives...
As i shared before my insights on shorting XAUUSD,this is the update on how the trade is going.You can see the reason to short XAUUSD in my previous posts
As i shared before my insights on shorting GBPJPY,this is the update on how the trade is going.You can see the reason to short GBPJPY in my previous posts
As long as the monthly trendline was broken previously and in the last week the daily trendline was broken and the price has completely retested the broken support (resistance currently) this gives us a stronger shorting signal, and when we look upon our H1 timeframe there is a minor broken and retested trendline that shows a sign of continuation of shorting...
ON my own insights i see that GBPJPY will go short, technically it has broken a daily trendline and a broken support is already retested. It has formed an ascending triangle which is now broken hence it gives us a clear shorting continuation signal. Once it breaks a lower trendline of a bullish channel formed in H1 it will fall towards 160.46 and if it breaks and...