allan_mwenja2000

allan_mwenja2000

All timeframes are in alignment that price is due for a bullish move. 3 month and monthly timeframe: Price took a lot of bullish orders at 1.6000 from which we saw a lot of bullish momentum on the pair. Price retested 1.8600, indicating that price would form a new bullish leg and go to the highs of 2.0850. There has been a lot of choppy price action in the...

allan_mwenja2000

The price is showing bullish signs on all timeframe 3 month and monthly: On the 3 month, price took a lot of orders at the 1.0500, from where we saw a massive uproar. Price broke a major level at 1.21500 and the level was retested, indicating that price was heading to a higher level. The next noteworthy liquidity region that aligns with fib and structure is at...

allan_mwenja2000

This stock has been very bullish for the past year but we are finally seeing a retracement of price. This is evident in all timeframe. 3 month and monthly timeframe: Price broke all time highs at 37,000 with a lot of momentum. Price collected more bullish orders at 37,250 where we saw another up raw of price. Price made a very solid liquidity spot at 41,750,...

allan_mwenja2000

Price is showing bullish signs on the 3M and the monthly The monthly formed a three pin pattern indicating that price will go higher than February's high at 1.2715 The weekly and daily timeframes are not giving obvious signs as to where price is headed but I am waiting for a buy confirmation to form on the 4h and daily timeframe before I buy the pair.

allan_mwenja2000

Monthly targets at 2.0350 have not yet been met. Price has shown signs of bullish momentum on the monthly. February monthly closure was very bullish and engulfed January's candlestick, showing that price is due for a bullish move. On the weekly timeframe, we see that price collected buy orders twice at 1.9650 and then we have seen a lot of bullish momentum the...

allan_mwenja2000

Target at 45,273 have still not been met. Price has kept collecting orders at in order to reach that target. Two weeks ago we saw price tank heavily in an attempt to collect orders at an liquidity region. This region seems to be at 43,100 daily liquidity level. Price hit that daily level and then we saw a sudden surge of buy momentum, indicating that price is...

allan_mwenja2000

This analysis highlights key patterns and price levels observed on the weekly, daily, and four-hour (4H) timeframes, supporting a bullish outlook. The discussion focuses on the significance of untested formations, rejection patterns, and accumulation zones that signal potential market moves. 1. Weekly Analysis M Formation Neckline Retest: The M formation...

allan_mwenja2000

This analysis focuses on the interplay of weekly and intraday confluences, which collectively point towards a potential bullish scenario. A detailed breakdown of the price movements and key levels is provided to support the thesis. 1. Weekly Confluences Unmet Target: The price has yet to reach its anticipated target of 45,300, indicating unfulfilled market...

allan_mwenja2000

All timeframes are pointing towards GBPUSD going up. 3 month: Targets are at 1.3900 after price broke previous support at 1.2050 and retested it. Monthly: We can see that orders are not enough to go to 1.3900. Hence, price has gone to a region it can fill orders at 1.2500 Weekly: We can see that price formed a 3 pin pattern. I expect price to go lower before we...

allan_mwenja2000

All timeframes point towards US30 going long. Monthly: November's candlestick engulfed October's candlestick. Price has been on a severe uptrend and does not look like it will stop. This month we have seen a minor retracement that indicates price is collecting orders before it continues going up. Weekly: We have seen a three pin pattern before price started...

allan_mwenja2000

- Price on the 3 month timeframe is very bullish as there are consecutive higher highs. - Price on the monthly is bullish as well since August's month candlestick broke above a high. - With this in mind, we know that price is just collecting orders before we see a move upwards. - My monthly targets would be at 2.0365 - Two weeks ago, the week's candlestick broke...

allan_mwenja2000

Here is why: - August's monthly closure was very bullish as the candlestick has left a long wick. This shows that price had collected orders from the previous weekly liquidity regions before heading upwards. - As of right now, price has broken into all time highs, which indicates that price is going higher. The weekly targets would be 42,450. - Price is very...

allan_mwenja2000

Here is why: - On the 3 month timeframe, price has formed mini higher highs indicating that price is headed upwards. My targets for this timeframe are 2.03700 - On the daily, if you zoom in on yesterday's candlestick, you can see that price broke a high. Moreover, 1.9650 is a very strong liquidity area. Price attempted to break that area but was unable. We see...

allan_mwenja2000

- Price has collected orders from the 40,000 region. - Today's 1 hour timeframe, seems very bullish. - I am waiting for the most opportune time to enter for longs

allan_mwenja2000

Here is why: - Price has formed a bearish setup on the 4 hour timeframe. - Waiting on price to show signs of a bearish setup for me to enter the trade.

allan_mwenja2000

Here is why: - There are several confluences. - The 3 month, monthly and daily timeframe are bullish. The 1 week timeframe is a bit messy and hard to analyze. - Yesterday we saw a rush of bullish momentum as stated in Monday's analysis - My targets were 1.9605. However, price has not hit my target yet. - I am currently expecting price to 1.9535 then head towards...

allan_mwenja2000

Here is why: - I believe that US30 is due for a very strong uptrend in the near future. However, orders are not enough to take the pair to all time highs. - Hence, we saw the rush of downward momentum. - There is a bearish setup on the 4 hour timeframe and the targets are 40,583 - I am currently looking to sell the pair, but I have to wait for more confluence. -...

allan_mwenja2000

Here is why: - The 3 month is definitely showing signs of bullish momentum, but it is a large timeframe to base intraday trades off of. - The daily is showing signs of bullish momentum. First, the previous higher high was broken and the next targets are 1. 9600. - However, orders were not enough to take price to its next target. Hence, we saw price on Wednesday...