Gastunechi

Gastunechi

GBPAUD made an impulse bullish move since the end of august from 0.77000 to 0.84000 at the end of august and since this top the pair is in a range with the low of the range at 0.81400. The pair is still bullish in my eyes and the second bullish impulse move can come soon with the next target at 0.85500 area.

Gastunechi Updated 

EURJPY is showing a nice cup and handle pattern on H4/Daily time frames after a successful break and retest of a weekly lasting descending trend line. We can notice also that the structure of the market is shifting from bearish to bullish with Higher highs and higher lows made on the H4/Daily time frames. The pair has more upside potential in the coming trading...

Gastunechi

After breaking to the upside a descending wedge, the paire made an impulsive move to the upside before slowing down to where we actually are. the pair is in a mini consolidation between 1.0790 and 1.0720. I'm seeing the support at 1.0720 hold and the pair making a new impulsive move to 1.08800 - 1.09000

Gastunechi Updated 

The pair broke a bullish correction pattern. Further upside movement may be observed

Gastunechi Updated 

The pair has the potential to fall further during the next trading sessions. It broke an ascending channel to the downside and is now retesting it. It will possibly be rejected from there and fall to the TPS marked on the chart. Trade Safe!

Gastunechi

EURJPY IS SHOWING SIGNS OF POTENTIAL BULLISH TREND CONTINUATION

Gastunechi

The pair is rejected at a strong level of resistance of both weekly descending trendline + weekly supply zone. A double top was formed on H4 and the neckline was successfully retested. A break and retest of the current support could lead to more downside pressure.

Gastunechi Updated 

The pair can move to the upside to the previous highs at 114.500. There is a resitance at 113.600. if the resistance is broken, then the move will start

Gastunechi Updated 

The pair has been consolidating for 3 months now creating a triangle formation and finally manage to break the triangle to the downside. It has retraced and found resistance at 0.96450 from where sellers are pushing the price down. I believe that more downside pressure is to come with the weakness of the dollar index. trade safe

Gastunechi Updated 

the pair made a corrective structure broke it and retested it. it might continue the downtrend to 0.82500 first and possibly to 0.80700

Gastunechi Updated 

Break and retest of the corrective structure + resistance turned into support

Gastunechi Updated 

The pair broke and is now retesting the corrective structure. I expect a rejection to the downside. 0.60000 is the target. it might take some time.

Gastunechi Updated 

The pair broke and retested the ascending canal it has the potential to melt down.

Gastunechi Updated 

The pair broke a strong ascending trendline and makind a correction. I expect more downside movement

Gastunechi

After the previous bullish wave resulting from the reverse head shoulders, prices have corrected during the past week down to 0.63300. This zone is an area of multiple confluences, in particular it corresponds to the neck of the shoulders and head corresponds to the retracement to 50% of fibonacci. This configuration creates a higher low. A new wave of...

Gastunechi

After the previous bullish wave resulting from the reverse head and shoulders, prices have corrected during the past week down to 0.63300. This zone is an area of multiple confluences, in particular it corresponds to the neck of the shoulders and head and corresponds to the retracement to 50% of fibonacci. This configuration creates a higher low. A new wave of...

Gastunechi Updated 

trendline + support rejection

Gastunechi

I expect more buyers strength