The consolidation phase is getting very tight now, breaking out possible next month, personally i will predict for the upside. Cheers
Hi, everyone Major trendline broken out, we are in consolidation at the moment, will looking for short after retest the trendline and resistance level. Nice RR for this trade.
Hi, everyone AUDUSD has been in hell for quite a long period, gaining momentum now, they should stay around 0.69-0.7 level.
Hi, everyone Per my previous analysis, oil tested .786 Fib level as a stop hunt, I expect oil to rise soon, not much for this week. Target 1, 59.13 and target 2, 60.35.
The mid-east tension fired up the oil price before the deep pullback happened last week. Fib .618 is strong support zone, price will go up after a 2nd stoploss hunt, better place your SL a bit low around .786 zone.
Merry Christmas AUDUSD is gaining bullish momentum at the moment, we had a nice 'W' formed and retested already, we are looking for a pullback to green zone before top side break out.
Merry Christmas guys, AUDNZD has been bearish for quite a while, we are expecting the 'W' formed below the green major zone, and retest at the yellow support before break out to the top.
Merry Christmas guys, The oil has been bullish for quite a while, and we are still in rising phase at the moment. minor retracement is in progress as well. For next week we are looking for target 61.64 and sideway in green zone before target 2, 62.60. be aware of the news, it might cause deeper retracement to 60.31. Good luck with the trade to you all.
Hi, everyone The USDCHF has failed to make the uptrend higher high and higher lows per weekly chart. So we are looking for a retracement just above the strong support zone before the break out to the downside. Lets monitor this pair next week.
Hi, everyone GBP been bullish recently and on the other hand USD has been a weak currency for a while, we can see this pair is running a bit exhausted now, however no idea where it gonna go, possibly ranging now before a break out or maybe massive down as GBP is always a very awkward currency to trade. We need to monitor this pair today and early next week to pull...
Hi, everyone GBP has been super bullish recently and broke my SL a few times as well. now as today, 141.923 is major weekly resistance, however it might just drop down to this zone or closes above this area. I would say no action for now, wait and monitor this pair.
Hi, everyone CL has been bullish due for the report these two days, weekly and monthly oil is quite bullish so we are waiting for another signal to place a buy order, however before the rise, a deeper retracement should be happen either today or coming week, per chart, at least 38.2 or 50. cheers.
Hi, everyone Due to the massive drop on Friday, (news impact?), it closed exactly above the weekly downtrend line(which broke out 4-5 weeks ago). With a open higher this morning, I will expect a retracement recently, looking for trade between 55.54 to 56.67. more likely it will break out 56.67 to get back on track.
AUDUSD is still bearish on Monthly, weekly and daily timeframe, it stay below the downtrend line quite well on H4. Let monitor the H4 and see where the candle is closing so we can pull the trigger, good RR for this short trade if that will meet your entry condition.
OIL is in the tight zone both on H4 and H1 timeframe, weekly and daily in bullish. It could be two scenario however it is not clear yet, it could break out either way.
GJ now is in the green zone which are both daily and weekly resistance zone. and a hammer candle shown as well, it should start going down next week, however lets monitor whether this week candle close below or above the green zone.
Hi, everyone EJ now has turned into uptrend and we can see the hammer reversal and higher highs generated as well. Expect a pullback to previous support (might be not just keep going up, you can open trade now however you need to set your stoploss a bit low to avoid the pull back) It will be a decent gain. Good luck with you guys for the fresh week. Cheers.