Kudjo

Kudjo

Eur usd is hitting a strong weekly resistance level and has broken out of the 4h support level. We will wait for a pull back to 61.8 fibonacci and look out for an entry in 4h.

Kudjo

BTC is at a weekly support and at the moment COT data show Institutions are closing closing more short positions than longs. There is an inverse head and shoulder structure on the 4hour and if the neckline is broken it could give rise to more bullish sentiments. There is also a possibility of a short term sell to the shoulder level of the inverse head and should...

Kudjo

its broken bellow support on the Daily chart, on the weekly its broken the channel. If its able to create bearish price blow the daily support level it will sell further.

Kudjo

XLM/USD LONG TERM

Kudjo

Slight retrace to the weekly trend line and then a motive move the the top of the channel is expected.

Kudjo

Us 100 over all is bullish, waiting for a pull back to the trend line at the bottom after the motive wave and then I will go long.

Kudjo

Crude oil top to bottom analysis

Kudjo

After the break above the 4h head and shoulder structure, I expect a long term bullish move on the Swissy.

Kudjo

Its in a daily channel, at the bottom of of the channel. I am expecting a bullish move to the top of the channel.

03:19

Kudjo

TREND ANALYSIS

Kudjo

USD CHF has respected the 50% level on the fibonacci, I expect it to be bullish in the coming months, also it has finished its bearish move and has created a series of higher highs.

Kudjo

The Swissy has respected the 23.6 fibonacci level coming from the monthly time frame. The price action suggest it can move down further. Also due the the covid lock down which has been activated in most parts of Europe,

Kudjo

I believe this has a potential to move down to complete inverted head and shoulder after which I will be looking for an opportunity to go long after and price action on the support area close to the second should on the inverse head and shoulder pattern

Kudjo

GBP CHF at a monthly support zone and has created a bullish price action which has also broken a 4h inverse head and shoulder. This indicated strong buying potential.

Kudjo

EUR/USD after rejecting from 61.8 fib level, could not break down beyond 23.6 fib level of the XABCD pattern. This means that its going to go long to 161.8 fib level as I have indicated.