afrikfx2

afrikfx2

Fundamentally, the USD is very strong considering the United States progress on vaccination. This is why i consider the 1.21546 psychological level as the point where the massive fall will begin, the market is ready to take out gullible traders out. The mentioned level is the ideal point. Consider a lose in bullish momentum and a begin of a bearish momentum at...

afrikfx2

The dollar is fundamentally strong, therefore we expect a bullish move from the psychological level.

afrikfx2

With a good reversal candle stick at that point is a buy

afrikfx2

i good sell lee but look for a a bearish reversal candle stick

afrikfx2

The bullish trend has ended and a new channel formed looking at 15minutes time frame. Look out for a reversal candle stick pattern and short

afrikfx2

A clear end of the bullish trend and the beginning of a hidden down channel with an evening star formation confirming the bearish movement. SL:83.571, TP:82.939. Also sell NZDUSD, NZDJPY and AUDUSD

afrikfx2

A retest of the bearish BB and a test of the support of the newly formed bullish channel. A perfect bullish candle stick momentum gain. Immediate Buy at the close of the current candle stick if it closes Bullish. SL:1.27355, TP:1.28602. Good luck..

afrikfx2

A test of the bullish breaker block BB, CONFIRMING a change in direction. A bearish flag has formed. Decrease in bullish momentum. An immediate sell entry once the current 4hr candle stick ends bearish . SL :0.86479, TP: 0.85884. Good Luck..

afrikfx2

The pair holds a bullish structure and has developed a bullish Chanel. A retest of the channel making it the second support of the bullish channel. A significant test of the the bullish OB & BB. Making it a good reason for a buy. Need a reversal candle stick to join the trend.

afrikfx2

A retest of the range breakout and a test of the second support on the channel. The pair has developed new bullish channel an a brief buy will be ideal where the exit will be at 151.570 because of the OB. Targeting average of 50pips.

afrikfx2 Updated 

considering correlation. firstly, GPBAUD is heading down as earlier explained meaning that this pair has the likelihood of going up but lets evaluate the pair. 1) The test of test of the second support of the upward channel 2) The test of the significant OB which is directly proportional to the second support 3) Lost in bearish momentum and increase in bullish...

afrikfx2 Updated 

From my chart, you can see that Price is at the 3rd resistance of my downward channel and the price just tested the OB that triggered the break of the upward movement making it a significant supply zone. With price action a BEARISH PIERCING AND AN INVERTED HAMER is formed on the 4hr time frame confirming the reversal direction. Entry SELL LIMIT @1.80098, SL:...