EURJPY COMPLETES A SECOND BULLISH TRIANGULAR CYCLE WITHIN CONSOLIDATION

EURJPY has completed its second bullish triangular cycle, completing the formation of the second cycle with a significant BEARISH rejection, off the 50ema. Price is now expected to resume long and could get as far as 144 area.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

AUDUSD: COMPLETED TRIANGULAR CYCLE, HIDDEN DIVERGENCE REGULAR DIVERGENCE SHOULD INTEREST BUYERS

AUDUSD looks set to continue its bullish push as price gave off a Pin Bar after facing rejection from the 50EMA dynamic resistance. This situation was preceded by the hidden divergence, a completed triangular cycle and a regular divergence. All these point to more bullish movement. If price sustains the break of the descending trend-line, price would aim to reach the 0.9400 area.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

NZDUSD SHOOTS HIGHER AFTER A COMBINATION OF A HIDDEN AND REGULAR DIVERGENCES

The bullish explosion seen with the NZDUSD last week was triggered after price dipped further at the completion of a triangular cycle. This doesn't come as a surprise since price was yet to hit the 50ema in the last rally and also didn't break out of the descending trend-line at the completion of its triangular cycle. A clear rejection off the new Support zone at the close of trading on Friday signals for more bullishness to follow in the new week. 0.8790 looks a possible target.



Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

EURCHF: BEARISH TRIANGULAR CYCLE COMPLETED.

EURCHF (check previous analysis) closed the week with a Pin bar off the 50ema dynamic resistance after price completed a triangular cycle at the spotting of a hidden divergence on the daily time frame of the pair. The hidden divergence signifies trend continuation and since the major trend is bearish, it combines with all the other factors mentioned, to indicate further bearishness in the coming week. Price is expected to fall into 1.2120 area.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

Bullish and Bearish Triangular cycles completed for the EURUSD and USDCHF respectively.

 The EURUSD chart above shows the complete formation of a triangular cycle. (The triangular cycle is a new concept I had been working on) We can see that there had been a previous setup of it between Feb 12 and March 5th 2014 which delivered a measure of pips. We are also expecting that this setup would deliver pips. Price should aim to make a new high in the coming week and our last target is at about 1.4020.

USDCHF has also signaled to go short after it also completed a triangular cycle. The triangular cycle is usually kick started when market gives of a hidden divergence (A hidden divergence is a trend continuation setup). We are expecting lower prices in the new week.



Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

Bearish alert: USDCAD fires a Pinbar at dynamic resistance

USDCAD fired off a Pin bar as price laboured in vain to pull higher from its recent rally which now looks likely to continue and maybe develop into a trend but in the mean time, we have a Pin bar at the dynamic resistance as price continued to face rejection from the upside. Pprice is now expected to fall into the horizontal support at about 1.0867.

The four hour chart below shows how we intend to trade this setup.

Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

GBPUSD staying with the bullish trend

These days I comment less on my posts becos you could use a picture to depict a scenario completely as the GBPUSD chart above does.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

GBPJPY TRADES WITHIN AN ASCENDING TRIANGLE

GBPJPY currently trades within an ascending triangle after a hidden bullish divergence was noticed on the charts (shown above). The bias therefore remains bullish and price is expected to breakout north out of this containment.



Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

EURUSD BREAKS OUT OF DESCENDING TRENDLINE

EURUSD has broken out from its upper trendline which had been containing the pair and preventing it from moving further long, however, this was expected since price had given off a bullish hidden divergence on its wake. The way now seems clear for price to retest previous highs and possibly setting new ones. The trade room had gone long based on the cup and handle trade setup that was discussed April 24th.



Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

EURCHF in-line for a bearish drive

EURCHF looks set to continue bearish after a third bounce on its bearish trendline. The trade room is taking a short trade on this via a sell stop target at its recent lows. Tthis setup will be invalidated if price manages to break and close above this trendline.



Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

Gold hits resistance

Gold has hit resistance and has been slightly rejected at that zone. This rejection is very significant since it is at the third time of asking. Sellers are exoected to sell off the metal.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

GBPUSD EXPECTED TO RALLY INTO SUPPORT

GBPUSD which has been on an extended bullish run looks set to let off some steam as it trades at extreme points as shown in its chart above.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

EURJPY MAKING ITS WAY TO THE RESISTANCE AT THE DESCENDING TRENDLINE

EURJPY could go short if it manages to reach the descending trendline.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

USDCHF CONTAINED WITHIN A TRIANGLE

USDCHF as seen above broke out of its long standing bearish trendline and has consolidated within a triangle in recent times. Bullish trade signals would be sort as price hits the support of the ascending triangle within the week.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.



Free Signal Service:
Fee: $0
Duration: for life
send me an email for detail on this
ahizechris@gmail.com
or skype :christian.ahize

EURUSD looks set for further bullish activity.

EURUSD as depicted in the figure above has run into a cup and handle trade setup. This is a bullish trade setup and price has already made a failed attempt to break through the horizontal/round number support. All these point to a possible further bullish drive on this pair in the coming days. Price could target previous highs.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

Free Signal Service:
Fee: $0
Duration: for life
send me an email for detail on this
ahizechris@gmail.com
or skype :christian.ahize

"USDJPY" primed for further bullishness

USDJPY is primed for further bullishness following the Pin bar that formed off the round number support. This setup is significant because price had pulled higher after an inside bar price formation on the 15th of April.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

Free Signal Service:
Fee: $0
Duration: for life
send me an email for detail on this
ahizechris@gmail.com
or skype :christian.ahize

EURJPY Validates push from support, more bullishness to follow.

The EURJPY has validated its recent push from support as price penetrates the tip of the cup and handle price formation. The momentum of this bullish validation should push price higher in the coming days.



Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

Free Signal Service:
Fee: $0
Duration: for life
send me an email for detail on this
ahizechris@gmail.com
or skype :christian.ahize

GBPUSD Pushes higher from Key Support

There was a classic Cup and handle Trade Setup on the GBPUSD which was broken to the long side on the 8th of April. Price came back to that Key support, gave off a Pin bar which has triggered a bullish move on the GBPUSD. This means we are in for continued bullish pressure on this pair.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

Free Signal Service:
Fee: $0
Duration: for life
send me an email for detail on this
ahizechris@gmail.com
or skype :christian.ahize

AUDNZD VALIDATES CHANGE IN TREND

AUDNZD which had hitherto been on an extended bearish run now seems to have found a new path in its recent rally. Expectations are now for more bullishness in the coming weeks.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

Free Signal Service:
Fee: $0
Duration: for life
send me an email for detail on this
ahizechris@gmail.com
or skype :christian.ahize

USDCAD False break/Cup Trade Setup

USDCAD made a break to the downside previosuly from its trade Setup on the 1st of march but the move southwards has stalled as the pair now presents a failed bearish break with a new Cup and Handle Trade setup indicating that price could head north.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

Free Signal Service:
Fee: $0
Duration: for life
send me an email for detail on this
ahizechris@gmail.com
or skype :christian.ahize