SanShone

SanShone

Price broke 105.900 support zone, retested it and went down. It formed series of lower highs (bearish trendline) and lower lows. Price retested previous low and I expect to see bearish move. However, be careful as price can potentially react to support zone 103.600.

SanShone

Today we caught this solid +62 pips trade in VIP group. I was waiting for the price to give me some signs that new lower low is about to form. We can see that after strong bullish candle, price immediately formed bearish candle followed with a strong bearish wick rejection. I was also able to connect these lows with a bearish trendline. I decided to sell and not...

SanShone

After a series of higher highs and higher lows, price has formed lower high and lower low. Anyway, we should wait for the price to react to 12200 zone. If price breaks this zone, look for the opportunity to sell.

SanShone

Price broke descending channel. It retested the last high and continued to go up. Then price formed bullish flag pattern and it is possible to see move up.

SanShone

Price went down as expected the last time. It created new lower low and lower high. It is possible to see bearish continuation.

SanShone

Price failed to break previous high. It formed wick rejection and went down. Its about to break previous low. If price fully breaks this previous low zone, I will look of the opportunity to sell.

SanShone

Price failed to break 1.55000 zone and also reacted to our bearish trendline. We have a confluence here, so it is possible to see move down.

SanShone

Price confirmed our support zone 3750 and broke our resistance zone 3850 yesterday. We can also see the retest here, so I expect to see bullish move.

SanShone

We can see here massive bullish move. Price reached YTD high and failed to break it. We can see consolidation now, but price keeps failing to break this zone. Its possible to see bearish move.

SanShone

Price failed to break our resistance zone. It formed bearish move, but then bulls stepped in and we got one huge bullish wick rejection. At this point it is very hard to say where will price go, but I think that chances are higher for the price to go down.

SanShone

GBP/USD went up after a breakout and I expected to see the retest as I mentioned in my previous analysis. Retest occurred and I saw opportunity to sell. Trade ended good for us and we caught +89 pips. Now, its likely to see some bullish pressure.

SanShone

Price went down as I wrote in my previous analysis and it has finally broke our consolidation zone. It broke significant zone and I will wait for a potential retest and opportunity to sell.

SanShone

We have trendline that connects highs and price is trending down. We also see resistance zone formation that price tested 3 times. On the 3rd touch price also tested the trendline and formed bearish candlestick pattern. Stochastic indicator worked well as it gave another confirmation so sell (red circle). 1. Downtrend 2. Trendline 3. Resistance 4. Bearish...

SanShone

XAU/USD Our 1845 resistance zone is still holding the price and we can see series of lower highs. But price created new support zone around 1825. It is possible to see some bullish reaction and then breakout.

SanShone

There are not many opportunities to trade this pair. I noticed 1.23200 resistance zone, so its possible to see move down, but moves are very slow and price is consolidating.

SanShone

After strong uptrend, price has reversed and bearish pressure occurred. Last week price formed new resistance zone 94.500. We can see a bearish reaction, so it is possible to see move down.

SanShone

Here you can see the reasons why I decided to sell AUD/USD today. It ended with a solid +62 pips in profit.

SanShone

Price formed very strong bearish reaction to the previous high 1875. It went down, broke and retested 1827 support zone. Previous major low is around 1790 level and its possible to see price dropping to reach it.