ForexGoldenBoy

ForexGoldenBoy Updated 

Hello everyone, A bearish channel is forming on USDJPY = Bearish continuation pattern + Prices have just rebounded below the red support + They then quickly fell below the black support + now a Pull Back is in progress = In theory, bearish trend possible

ForexGoldenBoy Updated 

Hello to all A double bottom has formed on EURAUD + The double bottom is a bullish reversal pattern + Prices have subsequently broken the "P" and "R1" pivots points + Now a pull back seems to be in progress on the pivot point "P". = In theory uptrend to follow if pull back is successful

ForexGoldenBoy Updated 

Hello to all Formation of a symmetrical triangle on EURNZD + Price exit from the top = Bullish reversal pattern = In theory upward trend to follow

ForexGoldenBoy Updated 

As previously stated AUDUSD is in a downtrend + Bearish channel confirmed + probable bounce on support to come = In theory still bearish trend = Likely new lows to follow

ForexGoldenBoy Updated 

As previously mentioned the AUDUSD is in a downward trend + Bearish channel confirmed + Rebound on support = In theory still bearish trend = Probable new lows to follow

ForexGoldenBoy

Fomation of a Shoulder Head Shoulder pattern on GBPJPY = Bearish reversal pattern Price movement towards the neckline = Break of the neckline possible = Confirmation of the pattern possible = In theory continuation of the bearish trend possible Note: The pattern is technically not valid until the neckline is broken. It is therefore a scenario of anticipatory trading.

ForexGoldenBoy Updated 

GBPUSD Update Bearish channel resistance failed to hold = Prices have broken out of the top of the channel + Black support polarization failed = The pull back did not work and the rising support remains rising support + A bullish channel (green) has taken over = Bullish bounce on support more likely than bearish continuation Case to follow ...

ForexGoldenBoy Updated 

Price exit from a horizontal channel from the bottom + Attempt to pull back "in progress" in the form of an ascending wedge = Two figures of continuation of the fall + Straight break of support of the ascending wedge "pending" = Two continuation patterns = In theory if the wedge and the pull back are confirmed then the trend to follow will be bearish + At this...

ForexGoldenBoy Updated 

Hello everyone. As reported yesterday the GBPUSD has gone down + A bearish channel is clearly emerging + Prices are in contact with the support of the channel + A rebound is very likely In theory the trend is still bearish

ForexGoldenBoy Updated 

Hello everyone. Rising support turns into falling support on NZDCHF + Prices have already bounced twice on the support. = This polarization of the support announces the continuation of the fall = In theory a downward trend is to be followed.

ForexGoldenBoy Updated 

Rebound underway on AUDUSD + Horizontal support has previously pushed prices back 3 times. + A 4th rebound is underway = A downward trend is possible

ForexGoldenBoy Updated 

Hello to all Update AUDCAD Prices are bouncing off horizontal support at AUDCAD + A similar bounce has occurred 4 times in the past = The support line seems to be solid = In theory bearish trend possible

ForexGoldenBoy Updated 

Prices are moving on a bullish support. The 4 previous rebounds have worked well They are for the 5th time projected upwards after an umpteenth rebound. The trend is bullish.

ForexGoldenBoy Updated 

Failed pull back = The principle of polarity has failed = The support could not become resistance of the downtrend = Prices are rising again. = Bullish trend

ForexGoldenBoy Updated 

Hello everyone. Downward triangle forming on GBPUSD + Confirmation of exit from the bottom of the triangle + Pull Back in progress (waiting for confirmation of rebound) = Bearish continuation pattern = In theory bearish trend to follow.

ForexGoldenBoy Updated 

Hello to all. Formation of a V top on GBPCHF = Prices reach a new high followed by a new low. = Reversal pattern = In theory bearish trend to follow.

ForexGoldenBoy Updated 

Rising wedge = Trend reversal pattern = Wait for confirmation of exit from the bottom of the pattern. = Bearish trend

ForexGoldenBoy Updated 

The underlying trend is downward (red line) + The bullish retracement just ended on a rebound on the bearish support (black line) + Prices are falling back under the rising support (green line) = A bearish rebound is underway