Based on AUDJPY respecting this ascending trendline and overall because we are in a bullish Trend coupled with the break of price above the descending wedge after bouncing off the trendline we can expect more bullish price action to highs of 98.587, 99.2282 and 100.168
On the 13th Nov we saw price give us a Lower high on USDCAD with a huge bearish candle engulfing 8 days worth of price movements, from here we can expect to see more downside on dollar cad to the lows of 1.36292 and 1.35573 currently price seems to have come back to a resistance level and seems to be rejecting it.
From the $1936 support region we had a bullish push on Gold, creating higher highs on Gold giving a break of structure, we can expect to see more upside on Gold as price is coming to make a lower high at this region of $1956 from this point we could expect to see more upside into highs of $1987 and $2002
Since the 20 of October we have seen GBPCHF give us a bullish impulse from the lows of 1.08000 price has broken back up above previous resistance of 1.0573 and now testing it as support. from this point we can expect price to reach the highs of 1.123 first and then 1.134 next if there is still more bullish power at that point.P lease leave your thoughts, Thanks :)
Audcad broke out of the ascending channel and ended up coming back to retest this chandel, we could expect more bullish behaviour due to this
Based on a retest on the channel we can expect to see further downside and bearish movement towards 1.18
Although Price is moving sideways CHFJPY is still giving higher highs and lower lows meaning price is bullish, from this point we can expect to see price move higher. From the 23rd to the 26th price was stuck within a range within 141.500 and 142.000. we have had a bullish break above and I expect to see more upside on the pair with targets at 143.000 and 143500
USDZAR has been bullish these past 2 weeks and from that we see that price has been bearish this week from Monday to Thursday. From Thursday evening, Friday morning we have seen price increase in value and bounced from 16.77529 hinting that this could be the end of the retracement, from this point I do expect to see more bullish power incoming also inline with the...
GBPUSD which has been bearish for a while has been very bearish and we have seen price drop to 1.17665 which is the previous low from the the 18 AUG we have had a minor rejection on that price and we see price currently bouncing from that price and giving us a minor upward retracement to 1.19447 if we happen to reject this area we can expect to see more downside...
From the bearish pressure from last week, we saw Bitcoin fall past 21500 which is a vital support, price has broken that support and has retested it as resistance, I believe that as long as we stay below 21500 we can expect to see more downside for Bitcoin which go to 20500 and beyond
Price has broken the channel and has given us a retest, we see price also coming to a previous resistance zone of 0.89755 and price has given us a bearish candle on it, due to these conluences we can expect more downside with targets indicated in the graph
Currently price is testing the 93.811 horizontal line as support, we have seen price us this same level and resistance and support too, be ause price has come back into the trend line I expect to see a bullish push from this point onwards, price has already created a bullish candle on the 2hr time frame and has closed with a wick to the downside on the 4hr I do...
USDZAR has come back and broken above a support zone and had failed to maintain that zone as resistance(16.38749), is currently testing that zone as support and we are seeing that price has bounced of that zone on the 1hr leaving a bullish engulfing candle and on the 2hr it has left a long wick to the downside hinting that we could expect more upside on USDZAR 1...
from the beginning of this week we have seen an impulsive bullish behaviour from GBPAUD. we have so far created a higher low for the week of the week at 1.71300 and from here we can expect to see more ptice take out the highs of 1.72400, we have also taken broken above the trendline as indicated above in the analysis immediate term take profit for this trade is 1.73000
We have a possible bullish flag in play on AUDJPY and price has come back to a support zone where a double top formed on prior currently we see price left a long wick to the downside after yesterday's CPI news.Based on these confluences we could expect more bullish pressure on AUDJPY
short trade on USDJPY. from this point we can see price dropping into newer lows I do believe this is a lower high that has formed
Second postion from our previous trade idea still valid and divergence from the highs still hinting that price will be going lower
after being dumped from the highs i expect to see more downside for HIVEUSDT