charliegea

charliegea

UPDATE: Full triple top pattern formed and support broken, price is now falling nicely. This is the only trade i have taken this week, quality over quantity is crucial when trading.

charliegea

Eurjpy short entered and in good profit however still available to enter. Price rejected 1hr downtrend line and is now falling after a H&S / Triple top type formation. Long term trade targeting the bottom of the long term triangle pattern.

charliegea

GBPJPY Outlook: Price held the middle trendline at the end of the week. Monday's price action will tell if it is heading back up to the upper trendline and from there will will see price either reject or continue further up to the pre-crash resistance.

charliegea

EURJPY Outlook: Longer term uptrend still holding. If we bounce strongly off the line we should see price go back up to the area of previous resistance. From there orders can be placed based on a break and retest or rejection of this area.

charliegea

I believe we could now be bouncing off the top of the channel and making a move back to the bottom. Also creating a slight head and shoulders pattern.

charliegea

Managed a nice quick buy trade hitting TP after posting the analysis yesterday🔥

charliegea

Update on the trade i put up yesterday 🔥

charliegea

We could see from this point a bounce off the upwards trend and support for a continuation up to higher levels at 127 and possibly 129 in the case of a long lasting uptrend.

charliegea

I believe GBPJPY could face further bullishness this week. We have had a bullish 3 bar play on the weekly chart and in the 4hr chart we continue to see further bullish trend continuations. I think there is a high probability price could continue to meet the 142 price, which would be the point of hitting the long term downtrend and weekly 200ma. Fundamentally the...

charliegea

Previous analysis playing out so far after some consolidation. Added another small position with a smaller TP at 141

charliegea

My view is bullish on GBPJPY. Big morning star formed on the Daily chart which closed above resistance level. Also holding small support levels on the 1hr and 4 hr charts. The bullish trend could continue further up to the long term downtrend around the 142 mark.

charliegea

GBPJPY OUTLOOK: Price has struggled in the past week to move much higher. Previous highs have been broken however consolidation has taken place after bad news for the GBP and JPY. The end of the week saw price fall back down to the strong uptrend line and we will soon see whether price breaks below the line and reverses or once again bounces and moves higher...

charliegea

EURUSD OUTLOOK: Price is in a longer term uptrend, a smaller flag pattern has formed which price has attempted and failed to break out of. A clear confirmation of a solid breakout will tell which way price will continue from here. USD has been very weak and if we see its strength return then we can see the EURUSD move much further to the downside.

charliegea

EURJPY Outlook: Price has broken out of a strong long term uptrend, indicating a possible move to the downside. We also have what could possibly turn into a head and shoulders pattern which would be another confirmation of a trend reversal if we see price complete the H&S pattern and break the neckline.

charliegea

Breakout trades are the best trades

charliegea

Trend continuation and bounce off support to continue to long term downtrends.

charliegea

Nice 70 pips caught from bottom of the channel. Now closing above the channel so buying again for a continuation up to the long term downtrend.

charliegea

Nice head and shoulder pattern forming. With the UK officially going into reccession this pair could now see alot of downside as the GBP weakens and USD gains strength. Also technically price has rejected the past monthly high resistance and the long term downtrend line.