NZDJPY price has been rejected from top of higher TF Rising wedge structure quite impulsively. Shortly after breaking the Rising wedge, it start to form a bearish continuation flag pattern and managed to break it by few pips on Friday. This is a trigger for my short sell position on this pair with sl above the flag structure. 1st target is arround 77.000 area...
NZDCAD price has been rejected from top of structure that I’have marked in my previous analysis. Now, it seems to continue its bearish momentum until recently. Now, I want to see NZDCAD start to form a bearish continuation structure to confirm the further move to the downside. A break of any bearish continuation structure (At leash H1 TF or above) will trigger my...
If you’re following my analysis, maybe maybe you guys are already bored with this, .. and I don't know how many times I've said it,.. but I want to say it once more,.. just be careful,.. the direction is starting to shift now,.. We are already seeing some nice shifting of direction these past 2 days and I’m expecting this to continue for a very long term. The...
Update from my previous forecast that I post on Feb 7th on this pair. The price move slowly the past 2 weeks and still havent come meet my entry criteria. I have evolve my trendline a bit to adjust with recent price action. I still think this pair will make one last push to the upside and waiting for now until the price to finish its 3rd touch to complete its...
EURAUD is clearly in the middle of a downtrend. By the way its shaping in the High Time Frame no, its clearly already showing exhaustion signal by forming a downward sloping descending channel. Last wek, EURAUD price has just broken below a Lower TF Ascending channel structure impusively followed by break of bearish continuation flag in H1 TF. I’m anticipating...
If you’re following my analysis, maybe maybe you guys are already bored with this, .. and I don't know how many times I've said it,.. but I want to say it once more,.. just be careful,.. the direction is starting to shift now,.. We are already seeing some nice shifting of direction these past 2 days and I’m expecting this to continue for a very long term. The...
If you’re following my analysis, maybe maybe you guys are already bored with this, .. and I don't know how many times I've said it,.. but I want to say it once more,.. just be careful,.. the direction is starting to shift now,.. We are already seeing some nice shifting of direction these past 2 days and I’m expecting this to continue for a very long term. The...
GBPUSD surely is on a clear uptrend recently. If you follow all my recent forecast, you will know that i’m waiting for a short opportunity in this pair. However, in the end, the market just decide what it want to do. I rarely get an entry trigger confirmation and the price keep moving to the upside. Above all of that, I stil havent changed my long term view. As...
I have been waiting for NZDCAD to make big bearish move to the downside for quite sometime no. But it seems, starting from last November the price lack any real commitment. It just continuing its corrective phase resulting in sideway and choppy movement across all timeframes. However, now I’m starting to see cleary the evolution of the market structure in this...
EURAUD is clearly in the middle of a downtrend. Its now forming a clear 3-touch expanding structure with the last leg appear to be a false break to grab liquidity (catching people on the wrong sidee of the market). After breking outside of the structure, its completely retrace back into the structure and forming a bearish continuation structure. I’m not setting...
After moving up correctively for several months, now once again a big short opportunity presented it self on GBPUSD. I have marked 1.37000 as a very interesting area to watch for sell position on GU since my previous analysis. We can see that everytime this pair reach this price, its rejected impulsively. This one now is looking very interesting. The price has now...
After moving up correctively for several months, now once again a big short opportunity presented it self on GBPJPY. This one is looking very interesting. The price has now reach a very high value area, at the top of multi TF structure. It also near the daily inflection point (double top) area.. To add more confluences this weekly close price forma very nice...
Over the last few weeks, GBPUSD correctively and slowly move to the upside while approaching the sell area of TF structure. In addition, it the process, it also form a reversal Rising Wedge Pattern. Yesterday, finally, GBPUSD gor rejected impulsively from the high value area (top of multi TF structure) that I have marked from a long time. Now, the price is...
After moving in choppy manner over the last few weeks, GBPJPY correctively and slowly move to the upside while approaching the sell area of TF structure. Now, it finally looks convincing again... Yesterday, finally, GBPJPY gor rejected impulsively from the high value area (Inflection point / double top) I have marked from a long time. Now, the price is forming...
2020 finally prove to be the time for USD Bear,.. I have been forecasting for a trend change to bullish for several weeks now, but rarely get a proper entry trigger and the price just continue to slowly trickle to the downside especially in this last 2 month that is quite choppy in my view. Will 2021 finally start to favor the bear?? This is a hard question to...
2020 finally prove to be the time for NZD bull,.. I have been forecasting for a trend change to bearish for several weeks now, but rarely get a proper entry trigger and the price just continue to slowly trickle to the upside especially in this last 2 month that is quite choppy in my view. Will 2021 finally start to favor the bear?? This is a hard question to...
We finally came to the end of 2020. I have been forecasting for big bearish move for several weeks, will 2021 finally start to favor the bear?? This is a hard question to answer, however one thing that I know is from the technical standpoint it says so,.. and it will be a MASSIVE one. In addition, this year we will finally end the brexit story as 2021 mark the end...
2020 finally prove to be the time for AUDUSD bull,.. I have been forecasting for a trend change to bearish for several weeks, will 2021 finally start to favor the bear?? This is a hard question to answer, however one thing that I know is from the technical standpoint it says so,.. and it will be a MASSIVE one. This chart that I show is just a portion of a multi...