WEEKLY ANALYSIS TRADE SETUP: EURJPY – (21 – 25 September, 2020)📈📊💰
Price action will guide us on ideal points to join the potential bear market preferably on a lower timeframe.
Entries by George Itumo
WEEKLY ANALYSIS TRADE SETUP: GBPCHF – (14 – 18 September, 2020)📈📊💰
Caution should be taken on the entry as a retest could happen on lower time frames before price resumes it’s initial course.
WEEKLY ANALYSIS TRADE SETUP: UKOIL – (7 – 11 Sep, 2020)📈📊💰
As usual following a breakout ,we ascertain the validity of the breakout and join the bears ideally on a lower time frame.
WEEKLY ANALYSIS TRADE SETUP: AUDJPY – (31 Aug – 4 Sep, 2020)📈📊💰
Confirmation of the breakout on lower time frames is ideal in joining the trend after the breakout.
WEEKLY ANALYSIS TRADE SETUP: NZDCAD – (24 – 28 August, 2020)📈📊💰
Looking at the double bottom formed by the recent price action ,price rallied in the form of a rising channel slightly past the neckline after making the second bottom.
WEEKLY ANALYSIS TRADE SETUP: NZDUSD – (17 – 21 August, 2020)📈📊💰
As the steam shifts from bulls to bears following the breakout, price action confirmation is key to join the seemingly beginning down trend especially on a lower time frame.
WEEKLY ANALYSIS TRADE SETUP: NZDCHF – (10 – 14 August, 2020)📈📊💰
After price action confirmation, you may open lower time frames to time your entries.
WEEKLY ANALYSIS TRADE SETUP: GBPJPY – (3 – 7 August, 2020)📈📊💰
Zooming in to a lower time frame for further price action confirmation is ideal and necessary.
WEEKLY ANALYSIS TRADE SETUP: EURJPY – (27 – 31st July, 2020)📈📊💰
The long term descending channel broke out two weeks ago and a confirmation happened last week.This is quite some bullish indication from the price action.
WEEKLY ANALYSIS TRADE SETUP: UKOIL/BRENT OIL – (20 – 24th July, 2020)📈📊💰
Oil has been on a rally since the historic downtrend during the climax of the pandemic outbreak. Price has recently been on a consolidation within the uptrend in the form of an ascending triangle.