Benwebster1

Benwebster1

From the simple analysis I have carried out on my daily outlook, i can see that the price level should either retest the support level in the next few days or continue to the upside to complete the channel move. This is very weak analysis and only a quick look at this market without much fundamental research carried out. I suggest taking buy/sell limit orders on...

Benwebster1

From my analysis we can see that the price has hit a 50 fib level, this means that we will see some weak resistance off this level and will push back down to the previous support level that has held so far. Over the next few days to weeks we will look to hit the higher level in the channel which will see around 300 pips in profit if all goes well. This doesn't...

Benwebster1

The price movement for this pair has been testing off some support and resistance levels recently and has been in a strong upward trend. The stochastic RSI has suggested that the pair is overbought meaning a bullish movement is most likely ready to occur. The price should fall to the suggested support area before retracing!

Benwebster1

Looking at my recent xauusd setup it has so far hit the levels i had set and tested well in these zones. Looking at more support levels recently it seems that the price will fall over time to the 1725 area before testing the support level and rising back up to the 1750-1760 area within the week!

Benwebster1

Huge profits!

Benwebster1

Price has been ranging for a little while now, anticipating for it to continue or break resistance soon. Price action is at a great sell position to allow pips to be made over the next few hours/days!

Benwebster1

As mentioned earlier I have had a xauusd trade running for a few hours recently closed the current position with 500 pip profit, you do the math! Now uncertain if the price will continue to rise as I sense a reverse could play out shortly. Any one that entered the same trade should now have some decent profits :)

Benwebster1

audchf Set to continue over the next day or so both my moving average and rsi setup suggest it will follow the pattern atleast until it reaches the resistance of the funnel!

Benwebster1

Over the next few days xauusd is going to hopefully sky rocket! Currently oversold suggesting a reversal is likely. Make sure to enter at the lowest price action for lower risk:reward :) Will update when I place my trade.

Benwebster1

USDCHF Is hitting the end of its funnel suggesting that a breakout is ready to occur in the next few days, waiting for confirmation of a price reversal before entering the trade!

Benwebster1

AUDJPY Looks to break resistance and head short within next week