Whats Up! Mr. Pipzz back here with another analysis These are my thoughts for GBPJPY this week. I can see the market pulling into either direction. So, I've identified a few key targets for both the bulls and the bears. Not going to over explain, I'm just getting straight to the point. This week started off extremely bearish following a pullback to a small,...
Happy Sunday to you all, Definitely was a weird week last week for GBP. What I think will happen when the market opens is price will gap back down to where it gapped from last week, which it never retraced back to. Even if it doesn't price will rise then eventually retrace to that area for sure! I personally have never seen anything happen like this, where price...
maybe over the next few sessions we will see price start to move down into 1.77000 and below. *IF YOU ARE READING THIS LOOK AT PART 1 FIRST*
Price was consolidating in the purple structure above and price broke structure i'm waiting fr price to close under the 200 ema and also under the 50% on the Fibonacci retracement. Also price just closed and created a 3 pin formation on the 1hr timeframe. Price could retrace back to the box structure above before falling more but we will see!
Last week GA was bullish, and i'm thinking the trend will continue this week following the new Brexit deal. Before the end of last week price created a new high, and it looks like price could just be retracing before another push to the upside. We're definitely prepared for whatever happens, but for now we will follow the trend and see what confluences price gives...
Check the analysis, price action speaks for itself. -Mr. Pipzz
[b ]Whats Up Traders! I just got done analyzing GJ for the week. I think a strong upsurge to 140 is definitely possible. Due to the fact we didn't completely fill the gap, and we're creating significant higher lows. Obviously there are more confluences, but those are the top 2 for me. Price has recently broke under a 1HR key level, and we're currently waiting...
GA could possibly go to 1.75000, right now I see a 3 pin price just finished creating 2 candles ago on the hour timeframe. I wanna see what price does at the 200 ema below but if price closes under that then I believe price will go to 1.77000 after and so fourth. Also following the parabolic sar rule price closed under the sar and never retraced under it so that...
CJ appears to have created a bearish 3 drive strike pattern, as of now I believe price will reach the -27% (116.346) on the fib, and keep falling to the -68% (115.959). The market may gap up as soon as it opens and move up more to create a much more clear 3 drive strike pattern on the 4hr before falling but ultimately I think price is headed towards the bears...
Whats up Traders! I spotted an infamous cup & handle pattern on Bitcoins 1 Hour Timeframe. I call it infamous, because it rarely fails when I use it. A closure above the handle could indicate a rise towards an ever higher ceiling. Price could reach $25K+, especially with the late stream of wealthy investors. I will be posting a more solid bias after todays...
Good Morning! Bitcoin has formed a double bottom pattern and may look to regain level of $23,250. If break and close happens at that level, I predict BTC to rise back to weekly high, because it would be the next strong level of influence. Price recently closed over 2 Weighted Moving Averages, that just so happened to also cross... That gives indication, that...
What's up traders, There is a triple top formed on the 15 minute, i'm waiting for price to fall and hit my entry (1.77118). As you guys know there was a huge gap this week and price has not retraced to the area that it gapped from. With there being a triple top i'm waiting to see if price will reverse and head to the last sessions low which is where I have my t/p...
Good Evening! Im thankful & blessed to be able to trade another week. Let's make it exciting! GJ began the week around price point 138.93, which is 140+ Pips away from market close. Talk about a huge gap. In my opinion gaps are always easier to catch when it's drastic like that. Mainly because price mostly retraces to wherever it gapped from. Price is...
Good Morning! This is bound to be a great upcoming week for BITCOIN. I charted this analysis from the top down, the 2 timeframes that peaked my interest was the 4HR & 30Minute. My trend resistance line is based from the 4HR Timeframe. Everything else is from the Timeframe I'm posting from, which is the 30 minute. Price has recently broken the trend...
Back at it again! Whats going on??... I found a few intraday setups within the 1HR & 30m Time-frame. I decided to focus in more on the 30 minute because it just looked better honestly... lol Price created a clean zone roughly in between $19,250 & $19,175. It's currently breaking under that zone, and I expect a retest & fall to occur. Two major areas of...
Goodmorning Traders! GJ has picked up bearish momentum momentarily, GJ is in a structure where price is consolidating, if price doesn't go to the bottom of this structure before anything else, price is going up, no doubt! As of now I expect price to reach the bottom of the structure which dips back into 137.500-ish. I set a pretty tight stop loss to cut out big...
Whats up Traders! The new week for Bitcoin has officially started. I decided to start consistently posting Weekly Analysis on Bitcoin at the beginning of its week. I aimed for a more bullish bias this week, so i'm going to briefly explain how i came up with my hypothesis. Last week BTC topped out at $19,918, soon after it made an immediate drop to $18,100 all...
CHFJPY is about to gear up to test the high of the year 117.800+. Price is testing a VERY key area for this pair, which it hasn't been in or around since August. This week i'm expecting the bulls to continue until price reaches at least 117.915-118.000. Price previously topped out at 117.883 which then after price tumbled down to 113.274. Price has now engulfed...