jefferson_the_chartist

jefferson_the_chartist

Since the beginning of this month, we have seen a strong uptrend, currently seeing a break and retest of resistance, we can see a continuous upward rally if price creates a resistance on any of the marked out psychological levels.

jefferson_the_chartist

We are likely to see a short bearish correction before an upward continuation if not we should see a break below the 31688 psychological level

jefferson_the_chartist

After the impulsive break above the 0.65065 level of structure we are likely to see an upward continuation considering current momentum We are probably going to see a bullish continuation till the nearest psychological level 0.72000.

jefferson_the_chartist

USD/CAD Is currently looking weak after distribution If we see a strong break below structure with chart pattern confirmation we may see a downtrend till at least 1.3200

jefferson_the_chartist

AUD/USD In an attempt to reverse upward from downtrend saw a break below trendline which happened to be a downward continuation. Price is currently in an uptrend and I will be waiting to take trades only when I see a bullish confirmation above the current resistance level X.

jefferson_the_chartist

We are currently in a bullish corrective phase on the dollar index and a break above 115.41 which happens to be a valid level of resistance. However, a break below 110.230 may indicate a change of market direction.

jefferson_the_chartist

BTC has been bullish since November 2021 which has been a year now and is currently at a major level of support. If the market breaks above 25000.00, we are likely to see buyers in the market to drive price bullish till at least 35000.00 or higher.

jefferson_the_chartist

We are currently seeing price at a major level of supply on the weekly and we are most likely to see a bullish market for the next couple of weeks.

jefferson_the_chartist

usdcad is currently in a distribution phase with what looks like a head and shoulder formation A neat break below structure with price action confirmation will signal a downtrend

jefferson_the_chartist

XAU/USD is currently in a downtrend, we saw a bullish correction which tested a major structural level, we are likely to continue downward till the nearest level of support X.

jefferson_the_chartist

We saw AUDUSD in a range from 10th October till the 25th of October. After a break above the range, we saw an uptrend which was corrected yesterday. we are likely to see a break above the 0.65125 for a bullish rally till about 0.6800.

jefferson_the_chartist

After a break of minor structure, I'm looking short with a good R:R SL;1.6139 TP:1.2865

jefferson_the_chartist

We are currently approaching support and with a good reward to risk, we may catch a few pips in before a change in character.

jefferson_the_chartist

I'm going short on the Euro because of the change in character from bullish to bearish. Market is currently approaching support and we may position ourselves for corrective posiotions.

jefferson_the_chartist

We may see a test of support for an upward continuation which is most likely. For now, I'll go short and wait to see what happens at support.

jefferson_the_chartist

I'm looking to catch a few pips up from here and wait for either a reversal at the closest resistance or an upward continuation after correction

jefferson_the_chartist

We are likely to see a continuation downward if price pushes below 1648.500. The only way we can expect an uptrend is if we see a momentum shift above 1680.440. Let's wait for price reaction to see where to stand, we have news in about 82 minutes so, we may just seat and read price till we have enough confluence.

jefferson_the_chartist

We are currently seeing XAU/USD break and retest a major support level on the weekly. If we see a break back above support we are most likely to see a bullish market till 1900.00 at least. A break below 1600.00 may result in a downward continuation till 1450.77. STAY PATIENT, since we are in a downtrend you need STRONG REASON TO BUY, MORE CONFLUENCE, MORE CONFIDENCE.