Ashershakur5

Ashershakur5

Price action for USDJPY a breakout will signify a strong downtrend

Ashershakur5

USDJPY has been behaving smoothly, that there was almost no imperfections in the trend, however the market is imperfect, therefore there will be imperfection in the chart. We've seen multiple scenario of resistance becoming support for USDJPY which make its uptrend very strong, and since DXY is still going bullish, we expect USDJPY to keep going bullish also,...

Ashershakur5

We have the same scenario in EURUSD as expected, therefore eyes on the cue.

Ashershakur5

Traders we see that market is respecting the swing lows, and we've actually seen mutliple retest to that level before we have a steep reversal, which shows that GBPUSD is still keeping it's sell trend strong, now we have two options, firstly, if GBPUSD broke the trendline we can look for buy opportuinties to the Swing high, and if it come back to break the Swing...

Ashershakur5

This is a good market that is already trending bearish, however it's making its pullback, after the pullback we should be expecting a strong momentum downward, however market can be silly sometimes, therefore there is a prbability of breaking the support level, which will make it change direction uptrend.

Ashershakur5

Aight fam, i'm seeing two options for EURUSD now, so if it break put of the resistance level, then it might begin a new trend upward, however if the market respect the resistance level, and returned back, then we should be having our potentia downtrend.

Ashershakur5

As we've all know that EURUSD and GBPUSD are both pairs correlation, which means they goes the same ways 80% of the time, now looking at our GBPUSD which we've seen already we see that the market is leaning towards the downtrend most likely, therefore we should be expecting EURUSD to be also leaning towards the downtrend, unless a news comes up next week which...

Ashershakur5

Aight fam, I am doing review today, about GBPUSD last week market. Lets see... GBPUSD was in an uptrend, and after we break the trendline we see that GBPUSD came down to retest the Demand zone, however after that retest, we see that market was still respecting the zone by testing it continous, which lead to our consolidation trend, so now the resistance is very...

Ashershakur5

As predicted, market come down to respect the previous DEMAND zone, and most importantly the retest to that zone was not aggressive but rather market gradually dropped down to respect that zone. However will market respect the zone and begin to climb up? or will it break past the zone and continue its downtrend?. This a question we don't know, we can only wait to...

Ashershakur5 Updated 

After EURUSD made the breakthrough from the head and shoulder neckline, we had a good pullback due to the help of the news that happened at that time, therefore as expected we had a good pullback which our first TP was successful, but right now we want a confirmation for the second movement towards our final DEMAND zone which we've been waiting for.

Ashershakur5

previously i posted a long position on GBPUSD on my M15 so now this is the H4 time frame, we have the bullish triangle which confirm our long posibilities as long as we see the break, we good to go.

Ashershakur5

The PDL signify a reversal in deman, so we want market to push up to our deman zone, then we can look for a sell oppurtunity after market retest that high, as long as market doesn't break the upper BOS then the trade is valid we can enter a sell, to break the weak-low.

Ashershakur5

the money smart indicator signify a change in structure and a break in structure, which made the market indecisive, however we have the possibillity of marted returning to test the deman zone. which is a great signal for us to take a ride with the market to retest the deman zone.