PeNuel2020

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY REASONS FOR MORE BULLISH RUN ON USDCAD: POSSIBLE LIQUIDITY GRAB (A FAKE-OUT) SPOTTED, AS PAIR IS BACK IN THE ASCENDING CHANNEL STRONG SUPPORT LEVEL AND DEMAND ZONE SPOTTED ABOVE @1.26 POSSIBLE STRONG ACCUMULATION SPOTTED AT SAME DEMAND ZONE CAD APPEARS WEAKENING ACROSS BOARD IN...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY REASONS FOR MORE SELL-OFF GBPUSD: SORT OF DOUBLE TOP / EQUAL HIGHS ORDER BLOCK ESTABLISHED @1.39 STRONG RESISTANCE AND SUPPLY ZONE VISIBLE @1.39 PAIR BACK IN THE DESCENDING CHANNEL IT BROKE OUT OF RECENTLY REVERSAL PATTERN - HEAD AND SHOULDERS - SPOTTED ON H4 WELL...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY REASONS FOR SELLING NZDCHF: PAIR IS AT A POSSIBLE STRONG SUPPLY LEVEL PAIR SHOWING WEAKNESS IN THE BULLISH RUN - SEE THE ASCENDING CHANNEL NB: Best confirmation for this bearish move would be that the ascending channel be properly broken and retested, before a clear sell...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY REASONS FOR SELLING GBPJPY: *A LIQUIDITY GRAB IN THE FORM OF A FAKE-OUT OF THE CHANNEL TOP PAIR IS AT A POSSIBLE STRONG SUPPLY LEVEL PAIR SHOWING STRONG DISTRIBUTION AT A DESCENDING CHANNEL TOP PAIR PLAYING NICELY WITHIN A MULTI-WEEK DESCENDING CHANNEL PAIR ALIGNS OFTEN WITH...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) Leave your comment in the comment section below, let me know what you view is! There is a bigger setup that appears upside and a short term sell off that is on this current post. It all depends on what you want to go with, knowing there is always sellers and buyers jostling... THE...

PeNuel2020 Updated 

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) I'd posted on this scenario weeks back. But was taken out by less than 50pips at my SL. Check it out in one of my previous posts The entire setup is still intact and here are my reasons for holding a swing upside! KEY SUPPORT AREA ESTABLISHED ABOVE @1.17 and 1.18 PAIR BREAKS BACK...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY REASONS FOR SELLING EURCHF: PAIR IS AT A POSSIBLE STRONG SUPPLY LEVEL PAIR SHOWING STRONG DISTRIBUTION AT A DESCENDING CHANNEL/WEDGE TOP PAIR PLAYING NICELY WITHIN A MULTI-WEEK DESCENDING CHANNEL/WEDGE PAIR ALIGNS OFTEN WITH EURJPY PERFORMANCE PAIR HAS MADE A RESISTANCE AT KEY...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY REASONS FOR SELLING GBPJPY: PAIR IS AT A POSSIBLE STRONG SUPPLY LEVEL PAIR SHOWING STRONG DISTRIBUTION AT A DESCENDING CHANNEL TOP PAIR PLAYING NICELY WITHIN A MULTI-WEEK DESCENDING CHANNEL PAIR ALIGNS OFTEN WITH GBPUSD PERFORMANCE PAIR HAS MADE A RESISTANCE AT KEY R/S LEVEL...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY REASONS FOR SELLING GBPUSD: PAIR HAS A POSSIBLE FAKE-OUT/LIQUIDITY GRAB PAIR BACK IN A MULTI-WEEK DESCENDING CHANNEL PAIR HAS MADE A RESISTANCE AT KEY R/S LEVEL @1.38 Always remember that nothing is fixed in this FX market. So, obey your rules, your plans and management. And...

PeNuel2020 Updated 

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY SUPPORT AREA ESTABLISHED ABOVE @151 PAIR APPROACHING TOP OF A KEY MULTI-WEEKS DESCENDING CHANNEL POSSIBLE HEAD-AND-SHOULDERS PATTERN SET UP ON H4 POSSIBLE CUP-AND-HANDLE PATTERN SET UP ON H4 Above all, in as much as nothing is certain or fixed,follow your trading plan and...

PeNuel2020 Updated 

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY SUPPORT AREA ESTABLISHED ABOVE @87 PAIR BREAKS OUT OF THE TOP OF A KEY MULTI-WEEKS DESCENDING CHANNEL PAIR AIMING AT TARGET 2 OF A TYPICAL BULLISH SHARK PATTERN @88.30 - AFTER TARGET 1 AT NECKLINE WAS TAKEN OUT @87 (S/R LEVEL) Above all, in as much as nothing is certain or...

PeNuel2020 Updated 

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) POSSIBLE REASONS FOR SWING-SELLING GBPJPY: HEAD-AND-SHOULDERS PATTERN SPOTTED ON WK1/D1 KEY SUPPORT LEVEL (RED BOX) BROKEN AND RETESTED THIS WEEK AND REJECTED CURRENTLY ANOTHER KEY SUPPORT LEVEL (RED BOX) INCOMING AND COULD BE BROKEN (WITH VOLATILITY FOR THIS WEEK OR...

PeNuel2020 Updated 

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) POSSIBLE REASONS FOR SWING-SELLING CADJPY: HEAD-AND-SHOULDERS PATTERN SPOTTED ON WK1/D1 KEY SUPPORT LEVEL (RED BOX) BROKEN AND RETESTED THIS WEEK AND REJECTED CURRENTLY ANOTHER KEY SUPPORT LEVEL (NECKLINE) INCOMING AND COULD BE BROKEN (WITH VOLATILITY FOR THIS WEEK OR...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) PAIR BREAKS ABOVE A KEY SUPPORT @1.2600 KEY SUPPORT AREA ESTABLISHED ABOVE @1.2600 PAIR FORMS CONFIRMED REVERSAL PATTERN - INVERSE HEAD-AND-SHOULDERS AND/OR INVERSE CUP-AND-HANDLE (WITH NECKLINE @1.2600/.2630 LEVEL, WITH MEASURED OBJECTIVE TO REACH CLOSE TO @1.2800) GBP LIKELY TO...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY SUPPORT AREA ESTABLISHED ABOVE @1.3800 PAIR BREAKS OUT OF A KEY MULTI-WEEKS DESCENDING CHANNEL PAIR BREAKS OUT OF ANOTHER ASCENDING CHANNEL WITHIN THE BIGGER CHANNEL Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as...

PeNuel2020

( Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) I had posted my strong bullish bias on Gold since August 09, 2021, here. Now, it is up and +900pips profit made. There is still room for something on top of that. Watch out! Stay safe and mind your trading rules, as well as the disclaimer below. Thank you! DISCLAIMER: Please...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) PAIR BREAKS OUT ABOVE A MULTI-WEEKS WEDGE PAIR ACTING SIMILAR TO NZDJPY Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as the disclaimer below! DISCLAIMER: Please note that this is not an investment advice for...

PeNuel2020

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) KEY SUPPORT AREA ESTABLISHED ABOVE @77.00 PAIR BREAK OUT SIGNIFICANTLY ABOVE A MULTI-WEEKS DESCENDING CHANNEL BULLISH SETUP ON D1 SPOTTED R:R is good. The move is in profit already of more than 50pips. TP1 achieved. Above all, in as much as nothing is certain or fixed,follow your...