gunhy

gunhy Updated 

Sell limits set on the resistance zone were hit, followed by a stop hunt. Now price retraced and printed 3 black crows, indicating bears stepping in. Joining them here for the ride down

gunhy Updated 

Price broke below a bear flag formation, retested, and rejected the resistance zone

gunhy Updated 

Since I shorted the top at 0.9 (not published on TV), USDCHF has been on a steady decline. Now we can see a CnH pattern forming, and price is nowhere near the bottom of the megaphone pattern. If price breaks below, we can look to short towards the 0.87 level or the lower bound of the megaphone pattern.

gunhy Updated 

Bears have taken control since the long-term uptrend was broken. Now we can see that it is in a downward channel, and an entry opportunity has arisen in the form of an upper bound retest at an important SR zone. The rejection was confirmed by big bearish movement in the week before.

gunhy

EURUSD is in a downward trend. A bear flag formed and now price is resuming its downward movement.

gunhy Updated 

Two possible paths for price to go on GBPUSD. I am personally bearish, as seen by the 10-day long downtrend since the upper bound of the daily tf rising channel was tapped. What are your opinions?

gunhy Updated 

Bulls are holding the 1.776 level, and now bears seem to be running out of fuel, seen by bullish movement candles. A range formation appeared at this level and RSI shows a divergence. If a decisive candle closes above the M15 range, I will long to the last high

gunhy

We have seen the trend shift from uptrend to downtrend since price hit the upper bound of the channel charted on the daily timeframe. Now prices have exited the downward channel on the H1 timeframe, broke above the EMA50, and formed a triangle pattern. On the H4 we can see the EMA50 holding price back from further gains. Will price action turn bullish again? I...

gunhy Updated 

Gold shifted from an uptrend to a downtrend. Now we have an entry opportunity in the form of a range breakout continuation. There was a bull trap where price broke above. Price immediately re-entered the range and now seems like it will break below to continue the downtrend. RSI also shows a divergence.

gunhy Updated 

Bias for GBPUSD remains bearish. My previous trade closed at breakeven, and now it is showing signs of rejection at the current level. RSI also shows a divergence. I will enter a short here with stop above the previous lower high. We should see price fail to make a higher high and make lower lows

gunhy Updated 

We have been seeing JPY pairs fall since the 11th. CHFJPY is now presenting a possible short day trade opportunity. USDJPY has similar price action, but CHFJPY has clearer and more definite price action, showing a descending triangle broken and to be retested.

gunhy Updated 

Price is oscillating within a range, very textbook pattern. In the circle is a 3 white knights reversal candlestick pattern, followed by a liquidity grab to take out aggressive entries. An engulfing candle came immediately after. Long to the top of the range, be sure to manage your trade once TP1 is hit.

gunhy Updated 

USDJPY uptrend looks like it is finally shifting after months of rallying. In my previous ideas there was much bull pressure at the 157.7 level, proving this is an important SR zone. Following a break below and now a retest, we can look to go short here. Not to mention, fundamental sentiment points towards a weaker dollar

gunhy Updated 

I cut losses in my previous trade after seeing this pattern forming. Now that price has broken below, I will look for a re-entry.

gunhy Updated 

Price has broken out of the downward channel due to buyers holding support. RSI is showing a divergence. Now there seems to be bullish movement at the current level. Taking a trade here to the previous high.

gunhy

In the previous downward channel, which was already broken, there is a bullish head and shoulders formation. We can also see that there is a fair value gap at the 0.50 - 0.55 level. An oversold RSI may appear when we reach that level which will back the bullish scenario. Memecoins are highly correlated to Bitcoin, and now that Bitcoin has been on a two-week long...

gunhy

Very obvious bullish sentiment here. If you zoom out, you will see we are at an important level. EMA50 can also serve as support. We might see a little more consolidation at current levels, possibly down to 2400-2410 to take out aggressive bulls before the next leg up.

gunhy Updated 

Price failed to make local higher highs. I will short to the bottom.