FX_WAVE

FX_WAVE

OANDA:GBPCHF have had a 3 month impressive run which has led to the breakout from key resistance level at 1.106 region, and currently on a major supply zone of 1.14600 Expecting a reversal at 1.4600 to test previous breakout zone 1.1000 Scenario 2: if by strength it moves higher, then 1.164 should send it back to 1.100 region. As this will cut across all CHF...

FX_WAVE

So far the pair has been on a rally for weeks now, I see it selling to 1.65 region from current point, confirmation is after it breaks the trend line to the downside.

FX_WAVE

On the weekly time frame, As seen in the chart , 1.649 is a good sell entry zone, as it has seen a good rally from its local bottom at 1.6147, hence, the likelihood of getting a reversal at this point is strong, and should be strongly considered. However, we only see it rally after a correction to 1.6147 zone or 1.6366, either way, there is bound to a...

FX_WAVE

Gold being on a downtrend from the previous triple top has created more of shot opportunities than buy, for today news I think Gold will have a high volatility. I am with the demand boys on Gold at current zone.

FX_WAVE

Immediately there was a breakout on the Rising Wedge formation on boththe daily andweekly TF, I knew we were in for a roller coastal ride to the downside. My target remains 1.615 region. Cheers, and have a profitable week ahead 👍 😀

FX_WAVE

From the monthly point of view, it has hit a major resistance and could lead to a serious downtrend, it this proves valid then 0.84 could be possible target. Well only time could validate this analysis. Let's see how it goes 🍻

FX_WAVE

Considering the two resistance at the left hand side, my analysis is that we could see a strong sell at current resistance level which is 1.364 this might result in a Head and Shoulder formation on the long term point of view. Target for current sell could be 1.3357, however it is advisable to trade with caution ⚠️

FX_WAVE

Considering the strong support at 1.257 region, I decided to consider this trade, also after the breakout, it is retesting it. If 1.257 holds firmly then 1.284 will be the next stop, before a correction and afterwards 1.298 zone From 1.314 down to 1.257 has been a downtrend, and from RBR strategy, I think it is time for a strong leg up. However, it is...

FX_WAVE

If the current structure hold, then this should play out nicely, nevertheless I could be wrong, but I can't unsee this lolz. 🍻

FX_WAVE

This I see playing out this coming week and this could lead to a breakout to the upside or downside as stated on the chart. 🍻

FX_WAVE

I just ca can't help to unsee this from happening, after breaking out from the trend line and forming a vertical head and shoulder. Are we going to see 10k after all? This drop started after CRYPTOCAP:SHIB news. Notwithstanding let us see the outcome on a long term 🍻

FX_WAVE

Since the triple top was formed, GOLD has since been dropping with so much opportunities alongside, riding it down, highlighted zone are zones to find a buy, but overall, all road leads down. 🍻

FX_WAVE

September 23, 2021 USoil is 84.6 and might play a significant role at its current position, notwithstanding, there could be room for further rally considering the weekly divergence still in effect. This could take oil to 92 region, hence trading with proper risk management is strongly advised. 🍻

FX_WAVE

AUDJPY RBR strategy is activated, the next leg higher incoming if $94 stands as a reliable defence; $95.6 would be a perfect target zone psychologically 😆

FX_WAVE

After its recent breakout, as we all know there's always room for a retest, hence , expecting it to drop down to 157.4 region before a massive shoot to the upside. Let me see how this goes 🍻

FX_WAVE

It is clear that the STRONG DAILY support as indicated in the chart is a defence, I see a RBR strategy shoots it further to 1952 and 1962 respectively. Well, let us see how it goes 🍻

FX_WAVE

Recent bounce has proven the the strength of the support at 1.26 region, however I am expecting a retest of this region which will be an effect from the daily resistance at 1.278 region. However, a bounce will come in at 1.26 region which could lead to a breakout to the upside or a rejection at 1.27 region or 1.284. Well let us see how this goes, 🍻

FX_WAVE

After a nice Head and Shoulder played out completely, we are going to be seeing a ranging market as a result of October 2020 Monthly high and the previous high. Before eventually breaking to the downside or upside. For now enjoy the ranging trade 🍻