J_Ngatia

J_Ngatia

Daily Perspective: Friday's close on the daily chart was bearish, with the price closing around the support level of 2493. This level is crucial as it has been tested and may continue to offer support. However, resistance has formed around the 2516 level, suggesting a potential barrier to upward movement. Traders should monitor these levels closely for any...

J_Ngatia

Daily Perspective: On the daily chart, Friday’s candlestick closed bearishly, indicating potential resistance around the 1.3177 level. Despite this bearish close, we observe that the price has found support near the weekend close, suggesting a possible area of buying interest. The resistance at 1.3177 remains significant, and traders should monitor this level...

J_Ngatia

A random trade.. Looking to buy this to the upper resistance level,

J_Ngatia

Daily Perspective: On Wednesday, GOLD (XAUUSD) closed with a bullish candlestick, bouncing off a support level around 2480. This price action suggests that bullish sentiment is gaining traction in the market. The support at 2480 has held firm, and the bounce indicates that buyers are starting to assert themselves. The bullish close reinforces the idea that the...

J_Ngatia

Daily Perspective: On Wednesday, the candlestick closed with a bullish sentiment, marking a slight advance above Monday’s resistance level around 1.3142. This move indicates a potential bullish trend continuation, with the next key resistance level to watch being 1.3261. The market’s ability to sustain above 1.3142 suggests a positive outlook, but it's crucial to...

J_Ngatia

Weekly POV: The previous week closed bearish, setting resistance around 2512. Daily POV: Yesterday’s candlestick also closed bearish, establishing resistance at 2520 and potential support around 2498. H4 POV: Look for buying opportunities above 2505, targeting 2514 and potentially extending to 2523. Conversely, consider selling if the price closes below 2492,...

J_Ngatia

Weekly Timeframe: Last week’s candle closed bearish, almost reaching the July resistance-turned-support zone at 1.3091. Daily Timeframe: Yesterday’s candlestick closed bullish, with new potential support forming around 1.3122. H4 Timeframe: Bulls may gain momentum above 1.3144, targeting resistance zones at 1.3170 and 1.3220. Conversely, a bearish scenario could...

J_Ngatia

Things trying to change to the upside. guns loaded ready to fire. Happy Trading!

J_Ngatia

📈 **Trading Idea: Gold (XAU/USD) Entry 2370 to 2390** 📉 ### Overview: Gold (XAU/USD) has been showing interesting price action within the range of 2370 to 2390 recently. This presents a compelling opportunity for traders looking to capitalize on potential movements in the precious metals market. ### Technical Analysis: 1. **Support and Resistance**: The range...

J_Ngatia

📉 **GBP/USD Bearish Analysis: Potential Trade Setup** **Entry:** Around 1.2810 **Targets:** Approximately 1.2700 **Technical Analysis:** GBP/USD is showing clear signs of bearish momentum on the daily chart. After failing to sustain above key resistance levels, the pair has formed a series of lower highs and lower lows, indicating a potential downtrend. **Key...

J_Ngatia Updated 

As the currency markets make their final lap of circuit. Eyes on bitcoin, looking at bulls at play. Lets see how far will take it to those highs around 62300.

J_Ngatia Updated 

Greetings Traders, Does the pressure increase or decrease when volume increases. Looking for shorts towards the lows. Happy Trading !

J_Ngatia Updated 

As we analyze the current market trends, it's evident that Dow Jones is experiencing considerable pressure from bearish sentiment. This downturn reflects broader economic uncertainties and investor caution. As we analyze the current market trends, it's evident that Dow Jones is experiencing considerable pressure from bearish sentiment. This downturn reflects...

J_Ngatia

Bears are tyring to sneak in, this could be a good scenario to short towards 38500. Use appropriate risk management.

J_Ngatia

Greetings traders, Another cycle in the markets. BuLLs on the pounds already showing signs of an upward momentum to the upside. CLose targets could potentially be 1.2840. High impact news ahead of us during mid-week session. Stay alert, use appropriate risk management

J_Ngatia Updated 

Price action from yesterday"s NY session saw a huge bull rush in the markets. A break is oout from the up trend and looking to short towards the low.

J_Ngatia Updated 

Greetings traders, Huge massive sells from Powells speech yesterday on interest rates. steadily interestingmove on shorts again with a potential to gain 50 pips

J_Ngatia Updated 

London presssure seem to be trying to push this index higher. Buys to the upper trend line.