


razainvestments
AUDUSD BUY FROM A CLEAR REVERSAL ON THE TREND LINE.
HERE EURUSD IS IN A VERY RESPECTED REGION OF 1.135 DEPENDING ON HOW THE PRICE MOVES USING LTF'S, THE PRICE WILL MOVING ACCORDINGLY.
ABCD Pattern On XAUUSD / GOLD. Looking to SHORT from a clear reversal on 4H from the highlighted region.
WAITING FOR A CLEAR INDICATION AND REVERSAL OF THE HIGHLIGHTED REGION FOR THIS PAIR TO EXECUTE A SHORT AND CREATE A NEXT LOW TO FOLLOW THE EURUSD TRADE.
USDCAD IS HOLDING AT ITS MONTHLY RESISTANCE AND REFLECTING OF IT WELL, OVERALL STILL EXPECT A BULLISH TREND BUT BEFOREHAND A RETRACEMENT IS BOUND TO TAKE PLACE
REBOUND OF THE ASCENDING TREND LINE, FOLLOWING A FALL IN LAST WEEKS GBP PRICE, GBP IS LOOKING TO REACH THE WEEKLY RESISTANCE OF 146.000 FURTHER EXCEEDING THIS DEPENDING ON BREXIT TALKS.
Here you can see GBPJPY is testing both trend lines creating a wedge and testing 147.100. Once these trend lines have been broken it will determine what the next move will be. I am predicting that it will test the highs of 148.500 once again and then possibly come back down to the liquidity zones of 146.000.
OVER THE PAST 5 WEEKS EUR/CHF HAS BEEN CONSOLIDATING ON THE WEEKLY. FORMING A HEAD AND SHOULDERS AND BREAKING THE NECKLINE, AFTER A BOUNCE OF THE TRENDLINE THERES A POSSIBILITY FOR A FALL NOW!
CURRENTLY A RETEST IS TAKING PLACE AFTER A BREAK OF GBPUSD TREND LINE, AFTER THIS A SHORT WILL BE IN PLAY.
EURGBP SHORT AFTER RETRACEMENT FROM TREND LINE AND KEY FIB LEVELS
As you know there has been a clear bullish trend on GJ for the past week. Confirmation given that GJ has reached a new Daily Resistance at 149.000, 4H shows a bearish shooting star with a very high wick into the daily 149.000 Resistance confirmed with a close of the next 4H candle as bearish too breaking the inner 1H trend line. This has confirmed a retracement to...