samedhuseyin

samedhuseyin Updated 

GBPJPY

samedhuseyin Updated 

Bearish divergence can be found on the 4hr timeframe. I believe this pair is destined for a drop weaker USD=stronger gold=strong aud. We can expect 1.565 in the coming days/weeks if it supports my analysis.

samedhuseyin Updated 

Broken trendline, possible short to psychological levels

samedhuseyin Updated 

50MA cross over with 200MA on 24th April, we have seen bullish momentum since but this is slowly fading indicated by the rectangle. MAs are coming closer together signalling to possible reversal. Theres a possibility we can form an inverse H&S, we would need to start the right shoulder so we would need to come down. My eyes are set on 1.71. We could form a...

samedhuseyin Updated 

EURUSD 200ma and the trendline from 19th june coincide with each other, this will provide extra resistance - I wouldnt consider a long trade until a clean break of this level which i dont think will come into play, but we never know eh.

samedhuseyin Updated 

EURUSD seems to be constructing a very nice head and shoulders pattern, the market in general is biased to the downside which is why I believe this pair will eventually hit 1.475-1.15. The trend on the 4hr TF is still in tact so we may get a retest of this level before making a move south, my stops are set accordingly if this pair decides to rally. We hit 78.6...

samedhuseyin Updated 

I forgot to post this idea alongisde my GJ idea a few hours back. I'am in profit right now with EJ, I would expect a pullback for a greater move to the downside. I believe we will retrace to somewhere between 127.5 - 127.8 and continue going south. I expect EJ to make another low at 126.5 in the days to come, if successful we should then see 125.6. I will update...

samedhuseyin

USDCAD has slowly lost its bullish momentum hence why we were stuck and market decided to go sideways. We formed a double top signalling a sell off to occur, which did happen. We broke the range bound box and I believe we are only going to go lower from here, I have my eyes set on 1.305.

samedhuseyin Updated 

First idea, still relatively new as well. GJ has been trading in a triangle formation waiting to breakout which is imminent at this point. RSI (14) is just below 50 indicating a potential move to the downside. Trend line 1 (hourly) has not been broken and with the bearish sentiment of the market and if this holds I would expect 142.5-144 to be met. Another...