GBPJPY has been a very active pair for weeks and months, following structures while giving easy signal and means of banking 100's of pips. January 30, I analyzed a LONG SETUP about price breaking above the DESCENDING TRIANGLE with the target at 148.00, also on February, 14th I shared another LONG SETUP talking about how the WEDGE PATTERN on 1H chart will set the...
EURUSD: Price is still in the UPTREND, we saw price retest the 1.2000 zone at the begining of the month and reject sharply. On the 4H chart, price is now back above this short term trendline,which indicate the UPTREND continuation, we also have price forming higher lows as indicated on the chart. We've an horizontal resistance zone @ 1.2160, which BULLS have to...
EURJPY: Price is in an UPTREND, last weekend i share the LONG SETUP where we took a buy trade @ 126.15, in the analysis i outlined the potential of the WEDGE PATTERN in the 4H chart, in relation to the horizontal resistance from 2019 @ 127.50. I said a break above the WEDGE PATTERN will take out the horizontal resistance from 2019, which is what we saw happened...
GBPUSD is smoothly following the UPTREND which started since March 2020 coronavirus low, the UPTREND been so promising and eventually take price above 1.3340 in December,2020, above the resistance zone of the 25years WEDGE PATTERN which i've been talking about months before then, the WEDGE can be easily viewed on the weekly and monthly chart. After the breakout...
DXY is still in it DOWNTREND on the daily chart, price breakout of the BEARISH FLAG on the daily chart with a retest of support ray of the FLAG holding. I will looking out for the sell continuation in the new week with target @ 88.30, which is a level of support from 2018. We will have to look price action when price eventually get to the zone.
Over the weekend, I talked about EURJPY looking so ready to break out of the WEDGE on the 4H chart which is going to be the trigger to take out the horizontal resistance zone from 2017 @ 127.60, that's what we saw price does this week thus far. Price is now reversing again to retest the horizontal resistance zone for the second time, I believe a few retests will...
Price was technically in an UPTREND through 2020, price is now approahcing 12years DOWNTREND LINE extending from 2008, with resistance ray coming around 130.00 Price is now finding a pivot from the horizontal resistance @ 127.60 which has been holding since 2019. Talking about EURJPY the sight of patterns like WEDGE, HEAD&SHOULDER and the likes are actually...
GBPJPY is a pair worth talking about with the strong UPTREND we've been experiencing on the pair since December 2020, which cause the pair to break above 5years Descending TRIANGLE, which can be view on the weekly chart, with several resistance extending from 2016 high. Two weeks ago price get above the horizontal resistance zone holding since 2019 @ 144.10, we...
EURJPY is setting up to continue with the UPTREND, maybe possibly price can clear the resistance zone @ 127.50, a resistance level holding since 2019, with about 4 touches until now. Price has been creating higher highs after retesting the support @ 125.00 zone. We've price in the indicated BULL FLAG a breakout of the FLAG to the upside will definitely set price...
I've been talking about GBPNZD in it all time DOWNTREND and now in this range bond zone for a while now, the price just breaks below the UPTRENDLINE within the range bond, we broke below the TRENDLINE with a daily close below it. I will be looking out for a corrective phase to the resistance zone of the TRENDLINE for more downside to the support zone of the range...
I've been following the Cryptocurrency trading aspect for a while now, but this is my first time talking about Crypto on my TradingView page, I think Etherum is getting ready for its BULL run as we saw on Bitcoin after getting above its all-time high in December 2020, Bitcoin run from 20k$ to 42k$. I'm expecting likewise with Etherum now that Etherum is breaking...
Though I'm making this analysis on the 4H chart, but then it's worth to keep track of what's happening on the daily chart. On the daily chart price have been trading inside a descending triangle since 2017 until now, price is now approaching the trendline of the said descending triangle. We also have the outlined rising WEDGE PATTERN on the 4H chart, with 2...
EURUSD is still in an UPTREND with our overall target @ 1.2500. Price is still trading above the falling WEDGE, with a weekly close outside the WEDGE, even though the week close bullish but the bullish sentiment couldn't clear the bearish sentiment or bearish weekly candle of the previous week. Price will need to remain above 1.2160 zone on a daily closing...
If you've been following my page on trading view, you'll remember I've been talking about GBPNZD since October 2020, back then i outlined the 2500 pips possible BEARISH setup on the weekly timeframe, last week of November 2020, i analyzed that "price is yet in his all time downtrend since year 2000 till date, on Friday (26th November 2020) we saw price break below...
Over the weeks, I've been talking about GOLD bullish setup and sentiments remaining so so intact, today we've a more clear sign showing GOLD coul be ready for the said BULLISH continuation, like i said in my last analysis on GOLD, price is still trading inside the BULLISH FLAG indicated on the 4H and daily chart. Nevertheless, price has been finding support at...
Hey guys! still on the EU possible UPTREND continuation, i've always use what's happening on DXY to pick my edge for EU trade, we've this setup on DXY giving us edge for the speculated UPTREND continuation on EU, we this outlined BEARISH FLAG with 2 touches at the top, 3 touches on the support zone, i'm speculating price will clear the support of said bearish...
Hey guys!! I think EU is fully ready for it next rally, we've the uptrend through 2020 still intact, through this year the pair always get out of any suppose bullish pattern for awesome rally. We've price finding support @ 1.2051, a zone that has been acting as support since we get above the level on 1st of December 2020, the zone also align with the 38.2...
NZDCAD got rejected getting in contact with the 2018/2019 highs and resistance @ 0.9250 zone, price is now trading below the UPTREND extending from the lows of the WEDGE PATTERN we had in 2020 which actually set price higher to the 2018/2019 resistance zone. With price trading below the TRENDLINE, price is going to retest the support zone @ 0.9000 which also...