GALACTICtradingspace

GALACTICtradingspace

380 PIPS BAGGED! EURZAR has rallied back above 20.0000 and is now trading a few pips below 20.5000 key level; i am expecting a take out of the latter during london session Friday 31 May 2024.

GALACTICtradingspace

200 PIPS banked! BTCUSD falls sharply from the 70k all time highs to 68000-67250 range lows. The analysis to the short was sent in the private message.

GALACTICtradingspace

CADCHF pair has rejected the range high amidst a broken ascending wedge. The retest to the broken pattern(rising wedge) gives the pair a continuous flow downwards. 0.65000 equal lows are the first expected target points.

GALACTICtradingspace

CADJPY traded into a sell territory amidst a overbought RSI.I expect the shorts to take over from here.

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EURUSD has broken the market structure after a strong momentum-price divergence. The pair has formed a confirmation bullish harami on the Daily chart. 1.10000 on the cards.

GALACTICtradingspace

The EURZAR has been retracing for the past week. The pair seems to have found considerable support around the (61.8%-50%) fibonacci levels; Triple bottom pattern on the lower timeframes validates this long position. 21.00000 KEY level is my projected target level.

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SUPERB MOVE! H4 equal highs purged . The cryptocurrency has traded to the range highs (53800-53000) that was talked about in the Saturday post. We wait to see whether there will be a break or rejection at these levels. Always, Bravo! to the takers.

GALACTICtradingspace

90 PIPS BAGGED. The cryptocurrency has taken the equal highs after the bullish signal sent earlier. Bravo to the ones that took the risk. Onto the next.

GALACTICtradingspace

The cryptocurrency has tapped the range low again and bounced in the lower Tfs. The H1 has formed a bullish harami pattern, giving way for a bullish move once again. Targeting 100-180 pips.

GALACTICtradingspace

The pair has formed a possible tripple bottom pattern and a CHoCH witnessed in the 15 minute TF. Looking forward to a 70-PIP takeout of 112.000 key level.

GALACTICtradingspace

Bitcoin/USD is capped in a range (50500-528000). The cryptocurrency has bounced off the range low. This gives consideration for a long move with targets at the range high.

GALACTICtradingspace

645 PIPS IN THE BANK. The pair has completed an impressive 645 pip move. The pair is a few pips shy of the key 21.00000 institutional level.

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CADJPY bullish flag pattern. After the retest to the broken resistance now turne support, the pair looks forward to testing 112.200 highs.

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EURNZD weakness expected to persist as we appproach london session. The pair is in a clear downtrend. 1.74000 level is my target projection.

GALACTICtradingspace

This trade is a success. The EURZAR has rallied over 300 pips since the bounce from the uptrend low. T he pair has hit both take profits @20.60000 and @20.750000. Earlier analysis highlighted the key 21.00000 level as our long term target.

GALACTICtradingspace Updated 

TP 1 @20.60000 HIT. We now focus on H4 closure for TP2 @20.750000. The pair has traded sustainably above 20.50000 key leve.

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LONG POSITION; TP1 20.60000; TP2 20.750000 The pair has formed a bullish confirmation candlestick in the H1 chart.

GALACTICtradingspace

This is an update to yesterday's post. The pair has formed a considerable support after the fifth touch at support trendline; This calls for long term buy move towards the the key 21.00000 Psychological key level.