AUDUSD had a break of structure on the higher time frames such as 4hr and daily and has retraced back into a strong support level at 0.64800. It has provided a bullish engulfing confirmation on the 1hr with a double bottom break and retest of its neckline on 15min timeframe therefore making it a good opportunity to buy now and if 0.65370 level is broken we will...
EURJPY has made a new high this week, and going into next week i would be expecting the start of a deep retracement on the daily hence going to start shorting after the support at 157.900 is broken and tested as resistance for a 170 pips sell move.
GBPUSD is at a strong support on the daily timeframe which has been tested multiple times and held strong. I expect a bounce off to the next 4hr resistance at 1.27800 level which is a 100 pip move from its current level. Trade safe.
We will continue heading downwards on EURGBP since it has presented us with a bearish confirmation as the overall trend is a downtrend on the daily and 4hr time frame. I'm will be waiting for a retest of my 0.87500 zone to enter a short trade to 0.85850 as target area which is a 150 pips trade.Trade one pair at a time!. Dm me for buisness enquiries.
I will be waiting for a retest into my zone if price breaks below and will short down to 1615 target area for a 400pip swing ride.
I will be looking for a bearish confirmation around this area at my zone 1.14000 which is a psychological level and a weekly tested area since we did'nt get a short confirmation on my previous GU analysis. Target is1.09000. Always react and adapt to the market accordingly guys.
A thesis on sterling, expecting a push downwards to 1.09000 after a retest of my resistance zone.
After that heavy bearish move on EURUSD daily time frame confirming the continuation of the overall bearish trend, i expect eurusd to roll over to 0.98000 which is a psychological level if that small 4Hr support zone at 1.01200 is broken.
EURGBP on a bearish trend continuation, sells are back into play after breaking and retesting our mini support zone and is now heading towards 0.83400. I now expect a shift of structure on the 4hr timeframe.
NASDAQ just provided us with a long opportunity for a 400 pips run towards 13500 level, the momentum is still on the bullish side even though the overall weekly trend is still bearish.
EURUSD finally had a break out of the consolidation zone, gave a retest and just gave us a solid opportunity to go long with the target being 1.04332. A 1 - 2.5 risk/reward trade of 125 pips.
A quick 100pips target on GU, on continuation of bearish trend with a double top formed. Target 120048
BNB to hit 329 on a treand continuation after a small pullback
GBPCAD to continue its bearish leg on the downtrend after retracement great risk to reward trade.
DJI to fly off to 3200 price level as the uptrend retracement is completed.
BNB on a rise to $255 after a bounce on the ascending channel
EN is on an uptrend presently and has picked up momentum to head for 1.68000 after retracement
EC to fly off to 1.37500 level after the retest of 4hr support