pelu.adejugba

pelu.adejugba Updated 

USDJPY showing short signals on 4hr chart - divergence. Sell volume kicking in but awaiting break below the channel and price action confirmation before shorting. Might form head and shoulders.

pelu.adejugba

Getting ready to short GBPJPY. Price seems to be respecting the downward channel in place. Double top and bearish divergence confirms short opportunity

pelu.adejugba

Aussie has been in a parallel channel since beginning of year. Faked a break to the upside (inverted hammer on previous daily candle) but returned into the channel. Now seems to be a good time to short.

pelu.adejugba

GBPUSD exhausted uptrend move. Broke the support trendline, retested and is now seems headed further down.

pelu.adejugba

GE bottomed out at $12. Starting to uptrend. Just crossed above 50 RSI. EMA 15 upcross confirmation present. Stop loss beneath support ~ 2%. Target at previous known resistance. Good RR ~ 4.

pelu.adejugba

Long term support seems to be holding. double bottom on 4 hr seems to confirm reversal. uptrend might/should go up to 1.2450 resistance.

pelu.adejugba

Had been watching this Inverted head and shoulders for the past day or two. Interesting how the big players faked a breakout and drove price down to almost 105.5 level. Now starting to see a strong bullish move; will probably wait for confirmation and enter when price breaks neckline.

pelu.adejugba

FX:USDJPY has been trading in a channel since January. I expect to see a downward move after price touches the 106 confluence point (downtrend and horizontal resistance)

pelu.adejugba Updated 

Gartley pattern seems to be forming. Pull back and retesting around 107.5 expected. Then uptrend should continue FX:USDJPY

pelu.adejugba

FX:USDCAD appears to be forming third Elliott wave. If previous level (3) is broken, I expect to see uptrend to 1.2850 (and 1.2875 T/P)

pelu.adejugba

Triangle pattern on FX:GBPUSD 4 hr chart. Watching for breakout to the downside.