TheCoalitionAcademy

TheCoalitionAcademy Updated 

FX:GBPJPY GBPJPY has been on quite a roller coaster ride since September of this year (2020). We tapped into 133.000 key level but not for long! Price has been ranging in between the weekly and daily levels of 135.750 & 137.605.. Based on the Daily timeframe price is still forming higher lows and respecting the bullish trend line. There are lower highs forming...

TheCoalitionAcademy

OANDA:XAUUSD As I write this article XAU is currently at 1951! As many of you know we had the Presidential elections here in the US this week and it caused quite a bit of investor uncertainty! Gold rallied strongly towards the middle of the week with little pullbacks in sight! Based on the current Fibonacci setup I THINK we should be able to get a retracement...

TheCoalitionAcademy

As I write this article GBPJPY is trading at 133.000 key level. I have been in sells since the 134.100 region which I am looking to hold until 131.000-130.000... From these 2 key levels I will be watching for reversal signs to enter long positions. Based on how the GBP is trading on the Daily and Weekly timeframes I feel 137-138.000 is in our sights to test the...

TheCoalitionAcademy

The pound had a very strong week pushing to the near 134.000 psych level. As I type this price is at 133.529 at 11:49 AM New York time on Friday. I am expecting to see GBPJPY reach the 134.000 handle possible before market close, but from there I am expecting to see some sellers come into the market. It is Friday and the market closes in 5 hours so I will not be...

TheCoalitionAcademy

We can see Bitcoin dip into the $5,500 region again for a retest of the resistance that was broken. Investors get ready; Traders get set. Another opportunity is among us!

TheCoalitionAcademy

With the way things are going with GBP 120.000 region is likely based on the Monthly timeframe. We are still creating lower highs and lower lows and with this Covid-19 outbreak alot of pairs are suffering.