GBPUSD is poised to go long from current lows channel and fib combo give us some confidence in this analysis But kid you not these are starnge trading times traders long whicks and long daily ranges followed by long pullbacks trade this accordingly have a great trading week
EURAUD breakout above back to previous highs possible pukk back before we see high highs
66 zone has been a brick wall of strenGth for the AUDUSD and an area that we have seen many a reversal keep an eye on this area , we may see several retouches before we get confirmation of of further direction but possibly may go up from here time will us all happy trading
Price action trading is the most easiest and simplest way of trading no need for fancy smancy indicators or emas or systems just Naked Long term charts showing where price has turned before and before that and before that again happy trading
everyone is waiting for the bounce but where and when As the world is dumping money into safehavens Bitcoin has taken a bit of a back seat It will recover we forecast Where will it bounce from ? how far will it go ? Cant tell you how far it will go but we do anticipate a bounce from these 2 red zones more likely the lower time will tell us all happy trading
This is a great chart for all the price action traders out there GBPCHF is over bought GBPCHF is in an area that has seen multiple reversals possibility of another reversal likely Trade Tip keep stop loss way above previous highs happy trading
NZDUSD is in a very simular situation as the AUDUSD we have 3 great reasons to take a long here 1/ bounce of the 61 fib 2/ marabouzi 8 hour formation 3/ in an area of resistance time will tell have a great day traders
AUDUSD bounce from resistance we are in a very importance since for the AUDUSD marabouzi candle formation off the 61 Fib level may give this pair the bounce 3 factors 1/ resistance zone 2/ ,artabouzi formation 3. 61 Fib level
Traders live of historical patterns and trends It gives us an indication of what a certain Pair can do at a certain level given the right conditions here in this chart we see the trendl;ine 78 fib combination ripe to short This is a powerful trendline and has given us 600 pip and 270 pip drops will this happen again this time !!! Time tells us all have great...
USDCAD is very dependeant of what Oil is up to of late our analysis shows the long standing trendline correlates with 3 other factors The 618 fib trendline cross in an area that has seen this pair turn many times we are in that area now time will tell have a great trading week all
We never trust only 1 trading tool to take any position No matter how pretty the chart looks Pretty charts dont make pips But when you have 3 correlating trading rules indicating something is about to happen then that chart is of interest to us have a great trading week
We anticipate the EURUSD to pullback to the trendline and 78 FIB combo from there we may see a bounce northward it may take a little for this to happen and the Ukraine issues may just throw this thought in the can time tells all
We anticiupate the EURUSD in 2022 to rise to the monthly 50 FIB zone before we see a big drop when we anticipate a strengthing USD mid 2022 We anticipate a large rise in the EUR after that late in 2022 Suggest setting chart alerts in these zones and wait for further market direction to enter this roller coaster of a ride for 2022 happy trading
EURJPY due for a big Drop we are stalking a possible short entry ouroud the 78 fib trendline zone if we see the right candle formation and some JPY strength we will take this trade short JPY needs to represent further strenths for this trade to happen
The EURCHF had a cracker week last week , but is running out of Mojo we forecast a return back to lower lows around from the 200 em zone this trade represents excellent ROI I would wait for Mondays open to pan out for further direction before entry
after a stellar week for the EURAUD we forecast a pullback the 50 fib abd trendline cross zone is an area where we will be looking for the right candle formation for entry Potentially a klong term trade short stop loss advised above the trendline " never trusy a trendline "
EURUSD good for another 100 pips short and we shall revaluate where we are from there on the 618 Fib and trendline cross if we breach the trendline we will possibly revisit 1.1150 There is a veruy high possobilty that we shall see a breach of trendline fib combo levels
we have just posted a USDCHF signal Long daily marabouzi has been formed on the 50 Fib level a 10 pip stop will do the job here and this trade represents excellent ROI good luck and many pips for you all