ShaharyarZafar

ShaharyarZafar

CADJPY is in the process of breaking below Weekly support. Traders can look for valid entries and enter when the price returns to the green level.

ShaharyarZafar

Though the trend is still headed upwards, there's a good chance that price can move downwards and break previous support. If this happened then expect a retest and a move to the downwards.

ShaharyarZafar

Based on the current trend it is safe to assume that XAUUSD is still headed upwards to a monthly resistance level. We must wait for a break of the trendline and a retest of the green level identified for a good upwards move. Alternatively you can also expect a break of the red level and start looking for shorts.

ShaharyarZafar

There's a good short setup on GBPCHF. It is almost near a declining trendline, it's created a new structure level and has bounced off a previous resistance level.

ShaharyarZafar

There is a good short position forming. I would wait for a break of structure to the downside and a retest before entering for a short position. This could be taking as a 1 to 1 for risk to reward. Enter based on your own rules.

ShaharyarZafar

USDJPY has been set up for a great shorting opportunity. On a pull back you can expect a continuation to the downside. This should be roughly atleast a 1 to 3 risk to reward.

ShaharyarZafar

EURUSD is almost ready for a long position. Keep an eye out of the level mentioned and you could possibly land yourself a risk to reward of 4.5.

ShaharyarZafar

USDCAD has broken below a structure level identified at H4. It has also broken a trendline headed downwards. There's a good chance that this will retest and complete it's downward move to the main structure level. Looking for a risk to reward ratio of 1.34

ShaharyarZafar

AUDCHF has been a structure level on the H1. If it breaks below this level then expect a retest followiing a short to the base level. If it also breaks out of the trendline then a retest should also give a long term short position.

ShaharyarZafar

Following an impulse to the upside we should be waiting for a retest of the previous structure level. This would set this trade up for an amazing risk of reward ratio of above 3.

ShaharyarZafar

Gold is entering into a serious support zone. Expect a double bottom and then a retest of the new support zone before a long term buy position.

ShaharyarZafar

Trend continuation to the downside.

ShaharyarZafar

This is completely based off structure. I think that there will be a retracement to the downside and touch the 0.382 level and then retest the top and drop down to the 0.5 to 0.618 zone. Once this zone has been tested then theres no stopping Gold towards the upside.

ShaharyarZafar

This is just a general analysis. I see a channel break towards the downside on the RSI 14 of the XAUUSD gold chart. This could potentially mean that gold will be going down for a retreat of previous structural levels in the coming week.

ShaharyarZafar

Bullish Cypher on USDCAD. PRZ is at Retracement of XA at 0.764

ShaharyarZafar

Bearish BAT on EURUSD PRZ is at 0.886 Retracement of XA and AB=CD 2.0 Extension of AB

ShaharyarZafar

Bearish BAT on GBPCAD. PRZ is at 0.886 Retracement of XA and AB=CD 1.414 Extension.

ShaharyarZafar

Bullish Gartley on the USDCAD. PRZ is at AB extension at 1.414 and AB=CD 1.13 extension.