Very similar to the GBP/JPY post, im waiting for a retest of this major resistance level before i look to sell this pair, i know all GBP pairs have made a huge impulse move to the upside but dont forget the overall trend it bearsih, untill we see a clear structure shift, which hasnt happened yet.
Consider following our tradingview page,
CHECK OUT THE BOTTOM OF...
On the H1TF it is more clear check it out for yourself, i believe this is a stoploss hunt after price made a huge impulsive move to the upside trapping retail traders after GJ broke the resistance level. My bias is still bearish, Im waiting for a break below that level with a retest, check out my other post on this pair i will attach the link below.
Consiider...
There's a strong support level on the H4 TF which is also 0.5 on the fib level, this would be a beautiful entry.
How do i set up my FIB, from the most recent swing low to the swing high, entry on the lower TF with multiple rejection at that level followed by an englufing candle.
Consider following our tradingview page, thumbs up if you like the anaylis,
CHECK OUT...
Pretty simple, wait for the break and retest of the support level before looking for sells.
Consider following our tradingview page,
CHECK OUT THE BOTTOM OF THIS PAGE
Good luck stay blue,
Ash.
Wait for the trend line and support level to be broken and retested, targeting the previous lows.
Consider following our tradingview page,
CHECK OUT THE BOTTOM OF THIS PAGE!
Good luck, stay blue,
Ash.
Although we see a reversal divergence siganl, i beleve its invalid, we have just broke and retested this major support on the daily TF.
For this divergence to be invaild we would need to see price break below the area highlighted in yellow, so if you find an entry on this pair that could be an area to target.
Any questions on divergence or trading feel free to...
At the moment price is consolidating between two levels at the top a downtrend channel, sit on your hands until we have a break and retest of the acting support level.
Consider following our tradingview page,
CHECK OUT THE BOTTOM OF THIS PAGE!
Good luck, stay blue,
Ash.
Trade what you see, i see GJ has recently broke an uptrend trendline and broke a major support level as well.
looks like we will get the retest of that resistance level this trading week, its and intresting level, im expecting some rejections at the area and price to make a lower low by the end of the week.
Whats your thoughts on GJ?
Consider following our...
Shared my anayliss on gold last week, check out my older post i will be attached to the bottom of this page, AshFX predicted the drop was coming!
Gold will keep dropping testing the 1890.278 level before making its next move,
consider following our tradingview page for more great content,
CHECK OUT THE BOTTOM OF THIS PAGE,
Good luck stay blue,
Ash.
Price has just broke a major support with a retest on the daily TF, we could see next week this pair to continue to fall and test the next key level.
consider following our tradingview page,
CHECK OUT THE BOTTOM OF THIS PAGE1
Good luck stay blue,
Ash.
As you can see price has broke this support area and retested it, also broke a number of important trend lines to get to this point.
Worth checkinkg this out for yourself, have a look at the daily time frame to see how much potential this trade really has.
If i do enter this trade i have marked out our potetial TPs with the dashed horizontal lines,
Please...
As we can see from the daily time frame, ever since gold made that higher high we have continued to make lower highs.
We do have a pretty solid weekly support level that price cant break for now, but i do believe we will see gold hit that support once more before making its next move.
If we break that support we want to see it turn into resistance and we will...
As you can see from our GREEN zone price broke through this and came back up to test it as resistance before dropping 80 pips and from here i can only see more downside moves as GBP is going to hell.
We might even get negative interest rates in 2021 which means you will be charged for money in your savings accounts.. you can imagine how many people will take...
If you would like my strategy so you can also profit from it then send me a message or comment on this post, it is COMPLETLY FREE!
I think we could see some downside moves from this pairing as our support zone has been touched more that a £10 hooker, the more times a level is touched the weaker it gets! A bit like knocking a wall down with a sledge hammer, the...
At present, NZDUSD following a price channel pattern strategy. In the above chart, it has created three major parallel channels A , B , & C .
Pay attention to the parallel channel C. It is creating a new downtrend for a short period. Now, the New Zealand Dollar / U.S. Dollar can fall to the following levels:
Target Price 1: 0.67100
Target Price 2:...
Bullish divergence in an uptrend at a support level...
If this pair doesnt fly to the moon then its just not meant to be, we are not in the trade just yet, i will send out the signal so make sure your following this page and all the revelant info at the bottom of this page!
Good luck, stay blue,
Ash.
As per the support & resistance trendline, EURUSD is moving slightly upside.
The last candle is running at the control price. Its a pullback here. Now pay attention to the support trendline B . If it breaks down, there will be a fall up to the support trendline A .
It means it's a boom.
As I explained, It may fall for 1.18260-1.18000 levels below.
But it...
We can see on the 4H chart how impulsive price was last week and is now due a retracement, the 38.2 fib level lines up with a daily structure level (roughly) if we get a nice retracement down to here with a confirmation candlestick I will be looking to go long. Lovely risk to reward, nice and simple trade if it plays out.
