Hello traders, trust you had a great week, here we come again. And from my watch list, i've analyzed CHFJPY for the week as we look forward for potential pull back from the resistance zone. Right from the daily time frame to 1hr time frame, there is a clear indication from the 200 SMA with a confirmation of 61.8 fib level against the up trend which shows a...
Check this video about the recent breakout on BTCUSD from the channel and the expected retest to the support level . For a very long time now, BTCUSD has being in a bearish form, precisely in a channel. But from what we are seeing now, the market has broken through the channel and got cleanly rejected at 61.8 fib level. Now, this rejection shows that there will be...
Check this video about the recent breakout on BTCUSD from the channel and the expected retest to the support level. For a very long time now, BTCUSD has being in a bearish form, precisely in a channel. But from what we are seeing now, the market has broken through the channel and got cleanly rejected at 61.8 fib level. Now, this rejection shows that there will be...
Nasdaq 100 is on the long run to test the major resistant zone again after its bullish break out from the regression channel. And it has been cleanly rejected twice at the same level with 200 SMA which also corresponded to the 61.8 fib level. Looking at the current up trend towards the resistant level, the trend has bounced up the the support line twice, first at...
Just like I analyzed last weekend, the pair is set for bearish move.... take advantage of this now
Looking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib...
Looking at the pair under 4hr tf, the market is in a downward trend and most especially making waves in the channel. Right in the channel, there appear an upward channel, there was clear reject at 50% fib level downside and also a clear rejection upside of the middle channel at 50% fib level leading to a bullish movement. We are expecting a retest at 61.8% fib...
AUDUSD just broke through the channel and got rejected at 0.71719 key resistant level with a strong confirmation from 50 exponential moving average. There was a retest @ 0.71719 with a bullish reversal candle which shows a strong downward move.