lodrickthomas

lodrickthomas

Another long term trading opportunity for GBPJPY! After a deep pull back, more bullish moves are expected on this pair! Any bullish pattern and candlesticks on lower timeframe might be additional proof for bulls dominance! Its a long term journey, patience will be needed for this one!

lodrickthomas

This is a very fascinating coin at the moment! Price at the weekly uptrend support zone! Even though (technically) the overall structure is bearish but we can ignore the presence of such a strong weekly support! If the price bounces northwards then this might be a very good indication for bullish moves on ENJIN Coin!

lodrickthomas

For the past few days, we witnessed some JPY strengths which as a result CADJPY was pushed down! Technically the structure is downtrend BUT WE CAN NOT IGNORE THE PRESENCE OF a SUPPORT ZONE AT DAILY TIMEFRAME! So if we observe any reversal pattern candlestick formation at daily support zone or lower timeframes like H4 and H1, it might be a good sign for bulls...

lodrickthomas

We had some good bearish movements on this pair for the past few days, but for now, there's a possibility of observing some bearish momentum as the price approaching the weekly key area! Any daily bearish candle on this pair will be an indication of bearish momentum! NB: I posted H4 analysis for this pair a few days ago, visit my page to view it!

lodrickthomas

A few weeks ago I shared a bullish analysis on this pair, we observed strong bullish moves afterwards! Today I'd like to share a bearish analysis on the same pair, even though there's a great analysis price pushing even higher but we still have a chance for bearish moves as well! Any bearish pattern on the lower timeframe (H1 & H4) will be a clear indication for...

lodrickthomas

CAD seem to gather some strength today, as far as NZDCAD goes any price close below 0.8990 is going to be a clear indication of bearish movement!

lodrickthomas

For the past two weeks, we observed CAD weakness against several currencies including the Pound! As far as GBPCAD goes we are approaching a very important zone! A zone that stood steadily against bears since March this year! The bears' dominance is subjected to lower timeframe price action, especially on H4 and H1! Any reversal pattern or candlestick formation...

lodrickthomas

In the few days, we have seen some JPY strength! Some pairs with JPY as secondary currency were in a bearish trend for the last few days, a good example of them is CADJPY and EURJPY! The same scenario we can see in GBPJPY! Currently, this pair is in a bearish/downtrend structure. Not just that, on a daily timeframe, we can see that price is at 78.6% Fibonacci...

lodrickthomas

We have seen some JPY strength this week! The same scenario can be seen on EURJPY. Any price close below 130.10 will be an indication of more bearish moves on this pair!

lodrickthomas

A few days ago I shared CADJPY analysis indicating a bearish pattern on H4! Today I want to share the same analysis on the Daily timeframe! Price is approaching to daily trendline resistance zone! At the same time price approaching a key supply zone! Failure to break above the zone will be an indication that bears are about to take over!

lodrickthomas

So this is the analysis for Shibainu, as you can see in the weekly timeframe we have an inverted head and shoulder pattern which is a good indication of a bullish trend! This is something we need to keep our eyes on!

lodrickthomas

Is it bears turn after long bulls dominance? On H4 timeframe we have a bearish pattern which might be an indication for bearish movement on CADJPY!

lodrickthomas

Last week I shared GBPCAD Bullish Scenario Analysis ( ). But on Friday, we saw massive bearish moves on this pair that was possibly brought by a fundamental news release! Today I share the same analysis but on a lower timeframe (H4 Timeframe) which shows bullish strength in this new week! A more bullish move is expected in this pair!

lodrickthomas Updated 

Current at the Daily support Level, more bullish movement is expected from this pair in the coming days! Surely this is another patience tester for swing traders!

lodrickthomas

After closing above previous LH's and the formation of a possible new uptrend structure... more bullish might be expected on this coin!!

lodrickthomas Updated 

There's a great chance bulls are going to dominate! More upside movement is expected!

lodrickthomas

Overall market structure in the higher timeframe is uptrend! Currently, the price is around the weekly demand zone at 0.618 Fib! On a daily timeframe, an indecision candle was printed as an initial indication of trend reversal! We might have a chance to witness bullish moves on this pair around next week!

lodrickthomas

After a huge price drop experience a few months ago, BTC found its reversal point at 61.8% fib! After that Bitcoin continued to rise and so far it trades around 48000 price level! IMO, and according to fib extension for the coming months, we might see Bitcoin create a new higher High at around 70000 price level! What do you make of this? is 70000 archivable?