Last weeks news moved price in a hectic way, we observe GU trading in giant range of a channel,.. we anticipate bullish movement as a reaction from the demand region,. Nice trading and always be mindful of your risk and manage it. Cheers!!
Price action has been quite volatile following the FEDs release,.. an advanced chart pattern known as the Shark 1 has completed at the 88.6% fib level so we watch price as there is a possibility of a deep bearish move, as always keep you risk management on. Cheers!!
Price Action presents us with an opportunity to short this market by way of a complete bearish patron bat pattern, concomitantly we have two fibs lining up PRZs in the same zone so we sell and maintain risk management. ENTRY 107.886 TP1 107.137 TP2 106.618 TP3 106.099 SL 108.478
Price Action reached a strong supply zone of 2020 hence a strong rejection potrayed by the daily candle. We expect some type consolidation followed by a southward move since we are in a down trend. Trade wisely by managing your risk, good trading day ahead.
Price reached a strong structure level with strong rejection, following price action we anticipate bearish side momentum by way of the rising wedge pattern shown. Manage risk and follow the bag!
Following the previous CPI report released yesterday and PPI today, the USD seems beaten out however we see the price of this pair at a very strong supply structure region presenting shorting opportunities, we have identified a bearish Harmonic Butterfly pattern hence waiting for a huge drop as price corrects to the 38.2 Fib relracement level, we also have an...
After yesterdays FOMC alot of Bulls left the USD markets for fears of tight policies to control inflation, but lets not forget the basics of simple technical analysis, we see a reversal pattern which is the famous head and shoulders pattern presenting a good buying spot in conjunction with a bullish RSI divergence,.. from exprience I have come to an extrapolative...
Price got rejcted at a major resistance 0.88276 and we see an AB=CD formation in confluence with a double top and RSI bearish divergence,.. Sell with proper risk management.
Hello traders, a Double Bottom formation is in progress, we may see a progression of price action northwards, wait for a close above the neckline then long the market. Always manage your risk. Have a nice day ahead
Gold has been dropping significantly by marginal gains, its been a tight spot between the $1931 and $1922 region however we see a bullish Adam and Eve pattern which is simply a double bottom type of Price Action setup indicating that bears are burning out gradually,.. I am using this setup as an entry strategy in the 15mins timeframe,..so wait for a break and...
After an extremely poor performance of the USD on this pair, we saw an even deeper fall after yesterday's US inflation report,.. However, price has reached the potential reverse zone of a bullish Harmonic Crab pattern,.. we have longed the market in this regard,. remember to manage you risk.
This previous week has been super bullish for this pair but considering the structure level price action is at we notice a major resitance and supply area confluencing with a 61.8% retracement of the main previous high and a bearish harmonic crab pattern with a potential reverse zone at its 161.8% fib level. We use the PRZ as the entry to short this pair. We...
Hello lovely people, I was already bearish on the EURUSD so this is to indicate the Bearish Head and Shoulders setup for short entry purposes, always remember that anything can happen in the markets so keep your risk management guard up.
Hello traders, a bullish wedge just completed on this pair, PA broke the upper trendline and closed above it giving us a good entry point. We anticipate a price correction, please share your thoughts in the comments section. Manage risk please. Nice trading.
Price action is at a major supply zone, basing on a confluence of fib clusters we Shorted the market. Always manage you risk.
We anticipate bears to move price, manage your risk as you short.
Euro weakness, supply zone reached and we expect bearish momentum to the previous low
Price reached a major structure level last touched on 29th september 2008 (15yrs back),.. we anticipate a reversal