John_Mwaniki

John_Mwaniki

Hi traders, The price is in an uptrend and following a rising trendline. It had previously respected it thrice and has come to test it again. I see a high likelihood of it bouncing off and rising further.

John_Mwaniki

Price will more likely proceed downwards towards the support line of the channel.

John_Mwaniki

Hi traders, USDJPY broke a rising wedge in four hour timeframe. It also had bounced off from a falling trendline in daily time frame. There is high likelihood of price falling further.

John_Mwaniki

Hi traders, GBPUSD has broken a triangle from the bottom. Price likely to go down.

John_Mwaniki

Gold just broke a falling trendline. It may now rise towards the next resistance level.

John_Mwaniki

Hi traders, This triangle started forming from mid-october. It made a fake breakout from the lower side but later continued and has finally made a break from the upper side. Higher chances of price rising higher to the the next resistance.

John_Mwaniki

Hi traders, AUDCHF has been following an ascending channel from around mid-september and has now managed to break its support line. I see high chances of price falling further due to the breakout.

John_Mwaniki

Triangle broke from the lower side. High chances of price proceeding downwards due to breakout.

John_Mwaniki

Hi traders, Price has respected this trendline severally and has bouced off again when it touched it(bounce more visible in smaller timeframes). This zone also happens to be a resistance zone. I see a high posibility of the price going down.

John_Mwaniki

Hi traders, In USDJPY daily chart, the price formed a falling trendline since the beginning October 2018 and has since respected it very well for five times. Price has again revisited the trendline and the bounce is very evident in the smaller timeframes. It will be safe to open only sell orders around this zone unless the trendline get broken.

John_Mwaniki

Price had respected this trendline four times and finally it managed to break it. It is now retesting it. I see a high likelihood of the price going up.

John_Mwaniki

Price has managed to break a rising wedge in GBPCAD from the lower side. Price is very likely to fall.

John_Mwaniki

Price may fall as a result of the breakout.

John_Mwaniki

The price has been following both an ascending channel and a falling trendline. It has previously respected the trendline for four times and has come to test it for the fifth time. If it bounces off then it will be a good sell opportunity. Breaking of the trendline will invalidate this idea. You may share your opinions in the comment section. If you agree with...

John_Mwaniki

Price broke a rising trendline. It may proceed downwards due to the breakout. It would be perfect to short the pair after the breakout retest.

John_Mwaniki

Hi traders, Of late GBPUSD had formed a triangle pattern. It has finally broken it from the lower side. Price is more likely to move down towards the next support level.

John_Mwaniki

Hi traders, Price still in an uptrend and following a broadening wedge within the ascending channel. Currently the price has hit the resistance line of the wedge and is likely to bounce off towards the wedge support level. Breaking of the wedge resistance line will invalidate this short/sell signal. Share your opinions in the comment section. If you agree with the...

John_Mwaniki

Hi traders, The main trend for this pair is uptrend. Rising trendline is very evident. Price just broke a triangle pattern from the lower side. There are high chances that due to the breakout, price may continue further downwards towards the trendline. What are your views? Hit the like if you agree to show support.