Coconut_Shawty

Coconut_Shawty

Usd has continued anihhilating its xxxusd pairs. The strength will continue.

Coconut_Shawty

Gold has seen a wild and massive move to the downside. New lows for the current year. A pullback is in play. Watching out for entries.

Coconut_Shawty

GJ trend so far bullish. Week ending 16/09 was just a pullback. If lows break then the trend might be switching to bearish.

Coconut_Shawty

EC took out the highs, though by wicks. The pull back was strong and landed at OB on the 5hr. It reacted to that point and pushed up breaking structure on 3rd min TF. Entry was at smaller TF OB. Will the rise continue? Will it go to the HH? Lets watch and see. REMEMBER: RISK WHAT YOU ARE WILLING TO LOSE, AND THIS IS NOT A FINANCIAL ADVICE.

Coconut_Shawty

The pair seems to have found strong support at a previous support zone as seen on the weekly TF (1.91000) area. I believe over the next week the price would be going higher. Looking for entries would be better on the shorter TF. Looking at the 4HR TF the 1.92900 area holds as a mini resistance. Price might pull back before it goes up. If prices close above the...

Coconut_Shawty

My view on this pair still remains bullish as prices closed above the support zone. After a strong move to the downside consolidation was actually seen in this week, though I expected it to move further up. When prices close below the 1.90500 level then my longs won't be viable anymore. have a great trading day guys.

Coconut_Shawty

On the Monthly TF a rejection from the 135.000 areas is quite evident. Last months bar closed below with a solid rejection from that area. This months bar has also tapped into the area but so far on the daily TF no bar has managed to close above. Moving to the weekly TF an inside day bearish bar has been formed, almost similar to the one formed on 13th April...

Coconut_Shawty

Hello Traders. The CHFJPY on the Daily TF has confirmed a strong resistance area around the 114.300 level. As drawn on the chart what might be clear is the double top but what is unseen by many is the H&S formation on the second retest of resistance area, If you toggle to the line charts you will clearly spot it. Currently a retest to the neckline is underway. A...

Coconut_Shawty

The GBPAUD on the weekly TF made a three week rejection at 1.79200 with the third bar closing a strong bullish bar. On the daily a 'W" formation and double bottom is formed at support zone - 1.79000. The bullish momentum continued breaking the 1.81100 level and closing above. A retest/pullback to the 1.81300 or 1.80400 level would be the place I would look at to...

Coconut_Shawty

Hello lads and lass. GBPNZD for this week as turned at support level that was established at 1.90831. A Key reversal on the weekly bar might indicate a correction of the big move to the downside. On the daily TF, Tuesdays bar made a strong move up, engulfing the previous days bar. The gradual change in trend after bearish strength might be the reason for the weak...

Coconut_Shawty

On GBPAUD, the weekly lows, just like last week have this week pierced the support region and failed to close below. The weekly bar closed weak bullish, that is after daily bars closed above a down trendline. Fridays bar saw what might be called a retracement phase. A mini support might be formed, followed by a bullish move that might signal opportunities to go long.

Coconut_Shawty

GBPNZD as of now is not offering an opportunity. It has just closed few pips above major support zone. A confirmation is necessary to decide the next course of action. That's all on GBPNZD.

Coconut_Shawty

Hello guys, new week. On the GBPUSD weekly bar just hit a resistance zone that was initially support. At this point the market has turned several times. On the daily one can spot two strong bear bars. On the 4HR bar, a key reversal is seen. Most likely a breather before it continues falling. Possible target next level of support. Remember trading is risky.

Coconut_Shawty

The resistance turns support, coupled by 3 current wicks that failed to breach the support. After bearish move, an inside day bar is formed, followed by a candle that made new highs to close bullish.