JamesEY

JamesEY

Just a thought lol

JamesEY

Gold short, TL Break and Retest.

JamesEY

Taking a look at the IT sector of the S&P 500, we can see a some-what bubble formation. If you look back at the DotCom Bubble you will notice the same has developed ( High, High Low, High High) before tumbling down. Same as the Bitcoin Bubble. Now, going back to this chart it has currently formed that High, High Low and High High pattern exactly the same as the...

JamesEY

Looks to be in a sideways range. Short off the 61.8 level back down to support.

JamesEY

Last week we saw the pound hover around during Monday and Tuesday as investors were waiting for the parliamentary vote to pass. Having a negative outcome lead to the pound taking a tumble (I know I'm stating the obvious) I am expecting a continued moved down this week breaking through a strong TL (Trendline) which can be seen via the orange line. Coming towards...

JamesEY

Ascending triangle is seen with the assistance of the TL. The price has stalled at the current Resistance zone create a triple top. I would like to see the TL broken before placing a short position trade with stops just above this TL.

JamesEY

Price action has come into large consolidation following a very heavy resistance zone. I would like to see a reversal move to the downside respecting the FiB levels too.

JamesEY

Trend line bounce, would like to see a move to the upside. Simple and clean.

JamesEY Updated 

I am now long EURUSD on the basis of the 4H support level 2 being reached.

JamesEY Updated 

4H chat shows us two key levels of resistance. I am expecting a bounce off either S1 or S2 (as shown on the chart) to re-test the TL in this descending triangle. Confirmation of this trade to enter long would be a bounce either S1 or S2.

JamesEY Updated 

Triangle pattern has formed, following the previous downward move, I would expect this triangle to continue a breakout to the downside.

JamesEY

After last weeks move downwards (as predicted) I am now expecting a short-term bounce (1-Day) off the current support level to create a "Relief Candle" (also known as a pullback) before continuing downwards. As we know, next week is a big week for the GBP as the parliamentary vote is in place so be wary of this is you are planning to enter. If market gaps up, I...

JamesEY

After the previous analysis, we can see how GBPJPY entered the consolidation area before the continued drop. I am looking for further downside with my current short positions.

JamesEY

Basic price action, broke key Resistance line on the upwards scale. GBP is technically over bought and should fundamentally be worth 0 with all the brexit shenanigans. Looking for a semi drop before a consolidation period followed by a larger progressive fall.