owlswift_fx

owlswift_fx

We have been in a downtrend with regular pullbacks and I believe Gold would continue its downtrend today around the region 1921-1923 with the aid of the CPI News coming up during the NY Session. Our overall target is still 1834 but 1903 would be the immediate take target for today or probably for the rest of the week. I would love to hear your thoughts 🤔, feel...

owlswift_fx

EU has shown a rejection at an OB/an area of strong demand which made it turn towards the upside. I am buying on a long term for a 400 pip ride. TP 1: 1.1150 TP 2: 1.1275 TP 3: 1.1373 SL: 1.0912 I will give update on smaller TF for areas to add more BUYs I would love to hear your thoughts 🤔, feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you...

owlswift_fx

I am expecting an upward movement to 1.2475 on Monday because 1. We have multiple supports, 2 trendlines and one horizontal demand area 2. Price has mitigated the OB which is around 1.2400 - 1.2405 and taken liquidity I am keeping my SL tight though which is at 1.2399 just 14pips away I would love to hear your thoughts 🤔, feel free to leave a comment ✍. Please...

owlswift_fx

So far, price has stayed above the 21 EMA which makes me bullish biased still but I am anticipating a reversal at 134.71 - 134.87 region, I will suggest waiting for confirmation. I would love to hear your thoughts 🤔, feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕

owlswift_fx Updated 

There's a buying opportunity from 131.95 - 132.95 where we have unmitigated OB before the bearish move continues. The orange region marks an imbalance region on 4hr which needs to be filled first I believe, so look out for selling opportunities at 132.75-132.95 region I would love to hear your thoughts 🤔, feel free to leave a comment ✍. Please like 👍❤ this idea...

owlswift_fx Updated 

Looking at the price chart, we can see price has done a Change of Character, and it is currently pulling back so it can go for a Break of Structure. I am anticipating the reversal of the pullback at 164.50 - 164.74 region because :- i. We have an Order Block yet to be mitigated in that region. ii. We have 50% Fib Retracement level of wave A at 164.60 iii. We...

owlswift_fx Updated 

Last Month's Open and Close is around 163.73 - 163.77 region and from what we can see so far, price broke and has stayed below it. Reasons I am staying Bearish ATM 1. As long as price doesn't close above 163.77, I believe our bearish momentum continues 2. We had a change of character when price broke through 163.00 3. I am expecting a pull back to 163.77 before...

owlswift_fx Updated 

GBPJPY has failed to hold below 164.38 which failed my bearish conditions and has changed my view on the price movement. GBPJPY has been bullish for the past 1 week and I think it is consolidating so it can move higher and at this point, I am bullish biased on this pair and would recommend everyone look out for buying opportunities at 164.00 - 163.70 region. 👉...

owlswift_fx Updated 

Last Friday had the buyers push price up with their last strength but got pushed back by the sellers at the supply/resistance zone around 165.50 region which made the daily candle end as a pin bar, and this is a good candle sign for a reversal to occur, and this week I would expect GBPJPY to push all the way down to 161.51 region if 164.38 region holds. Price has...

owlswift_fx

Last Friday showed the struggles between buyers and sellers with almost full bodied candles negating each others movement on a supply zone. As we can see on the chart, price currently struggled to get above the supply/resistance zone but it wasn't successful, and with the last 3 red candles we saw on Friday, I am of the opinion the BEARS are back. I won't say...

owlswift_fx Updated 

The chart speaks for itself, but I would recommend waiting till after the GBP BoE's Governor Speech at 5pm GMT for a clearer confirmation for the SELL setup. Please feel free to like and leave comments

owlswift_fx Updated 

GBPJPY is probably running its last bullish uptrend before a bearish turn to 156 region. Overall I am still bearish biased on GBPJPY but this is a possible bullish setup which I think has a high probability of occurrence. We have the red 4hr trendline which has been serving as a resistance by pushing GBPJPY downwards, since February 23, 2023 and price is...

owlswift_fx Updated 

The GBPJPY is approaching the upper bound of the downward trend channel which I believe might turn bearish at 162.46 - 162.75 region or it would breakout of the channel. 1. I believe price is currently unfolding wave 5 2. We can see divergence between price showing higher low while MACD and RSI are shown lower low I am still bearish bias overall until price...

owlswift_fx Updated 

1 - Purple Trendline acting as S/R Level 2 - Blue Trendline acting as S/R Level 3 - Downtrend Channel 4 - Area of Strong Support/Resistance (Red background) 5 - Fib 50%(0.5) retracement level (Gold Line) 6 - Divergence on MACD & RSI (5minutes TF) 7 - Deep Wave (IV) correction of Wave (III) completed at 158.25 (Wave (IV) is a deep correction because Wave (II)...

owlswift_fx Updated 

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