DJW1998

DJW1998

Hi everyone, Hope your well. Please see my GBPCHF analysis attached for a potential sell entry. When trading the key is to look for confluence in the market to give us signs of which direction the market is going to move after placing a trade, below please see my breakdown: - Firstly we have price trading at a daily key level in which there has been lots of...

DJW1998

Hi everyone, Please see my GBPJPY trade idea attached. Looking at GBPJPY on the higher timeframes such as the 4H & 1D we can see price is very bullish making very strong moves to the upside, with this being the case we will be looking for buy opportunities only. With us using the 1D & 4H to get the directional basis I have dropped into the 1H which I have...

DJW1998

Please see gold potential set up. Price is trading in an upwards wedge, wait for a retest on the bottom and a candlestick pattern for potential signs of reversal to the upside.

DJW1998

Hi everyone, Please see my EUCHF 1H chart analysis attached. So from looking at the chart price has pushed to the upside and is now retracing back to the downside. With this being the case I have got my fib retracement out to see if I can spot a possible reversal in the market. Price has pushed down to the .786 Fib and as you can see from the chart and inverted...

DJW1998

Hi everyone, Please see my GBPUSD 1H chart analysis attached. As we can see from the chart we have price moving in an overall direction to the downside on the higher timeframes of 1D & 4H, with this being the case we will be looking for sell opportunities. Price is currently struggling to gain bullish momentum and is forming lots of exhaustion above the candles...

DJW1998

Hi everyone, Hope your well. Please see my first crypto chart analysis for Cardano ( ADA ) on the 4H timeframe. As you can see from the chart price has rallied back up to a previous high where price was rejected. Price on the RSI is sitting in the overbought area significantly currently showing an 85 reading which could be a sign price is about to reverse to...

DJW1998

Hi everyone, Hope everyone is well. Please see my EURUSD 1D chart analysis. As we can see price has pushed down to a key area which price rejected to the upside previously. Price is currently forming a bullish engulfing on the daily candle which could give us confirmation price is going to reject the current level and push to the upside so keep an eye on this...

DJW1998

Hi everyone, Please see my EUCHF chart analysis on the 4H timeframe which has a potential opportunity in the near future. As we can see i have marked out two blue lines showing an area which has shown as support and resistance dating back to November 20. With this being said we can see that price has rejected this area as of recent also. I will be drilling...

DJW1998

Hi Everyone, Please see attached my EURUSD analysis on the 1H timeframe. As we can see on the chart we have a falling wedge pattern emerging. With this happening we have a few things we can look for to enter trades: 1. We can wait for a touch on support or resistance of the wedge and look for a buy or sell trades trying to catch some pips as price reverses off...

DJW1998

Hi everyone, Please see attached my GBPUSD analysis. I have marked up on the chart the support area which has been respected previous and hasn't managed to be broken since march. The level which is around the 1.36693 has acted as support so I will be waiting for a possible sign of reversal by going into smaller time frames looking for pivot candles. Watch this...

DJW1998

Hi everyone, Please see my EURJPY chart attached in which i gave analysis on regarding a move to the upside. As we can see the price has had a strong push to the upside and has gave us the three white soliders candle stick pattern giving us the idea price will continue to the upside. Follow for daily updates! DWFX

DJW1998

Hi everyone, Please see attached my EURJPY analysis on the 4h timeframe. As we can see on the chart the price gas fell to the level i mentioned in my previous EURJPY analysis which we were looking for price to pull back to. On the chart the price has pull backed to a well respected level which has been respected on numerous occasions as i have highlighted on...

DJW1998

Hi everyone, Please see my analysis for EURGBP on the 30m timeframe. As we can see on the chart earlier this morning the price broke out of the downtrend and began to trend to the upside but at 11am we had a news release ( MPC Member Saunders Speaks ) which caused GBP to rally and as we can see this gave us a 40 pip drop within the space of an hour which took...

DJW1998

Hi everyone, Please see attached my EURJPY analysis on the 4H timeframe. As we can see on the chart if we go to the 4H timeframe and zoom out we can see that price is approaching a very solid area which has acted as support and resistance at many points throughout April - Current Date. The price is currently trading downwards and is approaching this key area so...

DJW1998

Hi everyone, Please see my GBPJPY 4H timeframe chart analysis. Following from my recent chart analysis on this pair which I have tagged we can now see price has pushed up to the top of the channel. With it being on the 4H chart timeframe I will be looking into the 1H and the 30M & 15M to see if I can see any candles forming which are giving us information that...

DJW1998

Hi everyone, Please see attached GBPAUD 1H chart analysis. As we can see on the chart the price has began to consolidate in a channel and as I have marked up there is over 80 pips distance between support and resistance which gives us a great opportunity to look at entering trades of support and resistance. There is currently no trades available but add this to...

DJW1998

Hi everyone, Please see attached my AUDUSD 4H chart analysis. As we can see price has entered a downtrend creating lower highs and lower lows in which it is forming a descending wedge. I will be watching this closely in the coming hours/days to analysis price to see if we can se a potential break out. I am expecting price to continue to the downside before...

DJW1998

Hi everyone, Please see attached my GBPJPY chart analysis. As we can see GBP JPY is currently trading in a downwards channel. We have had a lot of bullish momentum and there could be a potential reversal to the downside, there isnt any entry points yet but i would watch this one closely in the coming days. DWFX