dicksonmwangi24

dicksonmwangi24 Updated 

Daily Outlook Price Printed a H&S. We can anticipate a retest and a Continuation

dicksonmwangi24 Updated 

The USD has been bullish for the las 4 weeks, and is currently trading at a weekly resistance level. DAILY From the daily standpoint, we are already seeing a reaction around this level in the form of an accumulation. If the weekly candle fails to break above the level, we can expect a retracement back to the daily as we already have a tweezer tops and an...

dicksonmwangi24

Weekly Outlook There is evidently a shift in momentum, price has retraced with three bearish candles, including a bearish engulfing weekly candle, resulting in a 300 pip drop. The counter trendline was broken but sell sell-side liquidity is yet to be taken out. If price takes out the SSL there will be a choch and we can expect price to seek a premium price and a...

dicksonmwangi24

Monthly Outlook Bias; bearish My bias is based on the following confluences: Price bounced off 61.80 Fib retracement which also coincides with the 0.7000 Psychological whole number and printed a Bearish engulfing candle on the monthly time-frame. This signals a reversal, from the short-term bullish correction to the long-term bearish continuation.

dicksonmwangi24

Daily There have a been a massive move to the downside for the last two weeks. We can expect profit taking at 1.0500 area which might cause price to either consolidate or retrace. Watch the 1.0500 area for a possible bos of the long-term low to the left or a rejection. Will price break this area and continue moving down or will it act as support? Fundermentals...

dicksonmwangi24

EU weekly Outlook. Expecting some consolidation or a pull back as price approach a key level

dicksonmwangi24

Monthly The USD has gained a strength over the last month resulting in a weakening EUR. EU is head to the 1.0500 POI as earlier anticipated. Price rejected teh 1.10000, which also coincides with the 50% percent Fib Level. I will be watching to see we get a close below the previous monthly candle, which will most likely result in a more bearish move for EU

dicksonmwangi24

Weekly. - GU formed a double top - The overall bias is bullish but I am waiting to see if price will break the neckline with a weekly candle. If neckline is, next level short-term target will be 1.1500 while long term target will be the 1.1300, to tap into the weekly OB and also fill the imbalance But that will happen only if we have weekly choch i.e break neckline

dicksonmwangi24

EU has shown a bullish weakness, which has been confirmed by a choch. Price failed to form new highs and broke the previous lows. Looking for a potential retracement for a sell confirmation

dicksonmwangi24

The last two weeks have not shown much momentum. They have mainly been indecision candles. Looking back in time, price is at a major key level that has held in the past. It is highly likely that price may respect this level by retracing back to the Mid level 1.0500 zone before heading back up to 1.1000 Zone.

dicksonmwangi24

- It's the last day of the month and price is still showing a strong bullish momentum. We are slightly past the 1.0750 Mid Psych Level, heading towards the the next major Psych Level (1.1000) which also serves a monthly Level.

dicksonmwangi24

My outlook on USOIL I am expecting a push into the -27 retracement level before a continuation of the bearish trend

dicksonmwangi24

I am looking for potential sell confirmation on the supply zone