in this week, i’m going to share with you some lists of currency pairs. I have on my watch list next coming week. Shooting case of trade pick out opportunity and then, if today’s, your first time view my youtube channel, do not forget to click on the subscribe button as well it’s on the notification bell. So, whenever i release additional content of this kind, you’re gon na be the first to be notified. Also, remember: trading is a higher risk under the high reward investment. Therefore it’s advisable, you know what you are doing and then risk smartly. Here are the list of currency peers? I am watching out for next. Coming week i have the british pound. Stalin played against the ursd. I have the european against the ulc. I have the ulc paid against the japanese yen. I have the australian dollar paid against the ulz and then we’re going to wrap up fence with a bitcoin compared against the usd as well give you a bonus of our analysis on the litecoin period against the usd so let’s dive into the weekly foreign forecasts. Right now, Applause, Music Applause, Music, apology once again traders for not releasing last weekly for your focus. I was on a trip, so i couldn’t make it back on time. The first currency pairs i have on my watch list next coming week. Is the british pound styling paid against the ulz? We can see the technical pattern we got right here, which is a narrow, rising wedge, and this does suggest a bearish implication, but at the moment, right now, since the booths are taking over of this rally right here, we can see there was a clustering of price To the resistance structure which acts at a price level of the point, three seven, five, two eight a clustering of price – does suggest the boost right.
There are doing all what they can to break out of this skill level. Resistance structure, so next week, as a price action trader, you have to pay close attention to the key level resistance which comes in at a price level of the 1.37528. Likewise, the key level support which comes in at the 1.34536 for as long price travels within this medium right a it suggests. The boots are still dominating industrially right and there’s high tendency for the boost to break out attending time. So if the bulls can step in wherever they ensure a strong bullish loss of price above this level, resistance of the 1.37528 i’m not gon na be willing to buy writer, because there is high tendency for this pattern regard friday to transform this rally. Writer into his link, shot of bullish rally. What i mean by a slingshot of bullish rally simply means there’s, eight tendency for bullish, breakout rate to transform within a short period of time and then close back writing which you can as well attack as a false break out. So next week, i’m gon na patiently pay close attention to see if price can offer a pullback to the key level. Support of the 1.34536 then i’m going to look out for a strong, buy opportunity to go along with the trend right it. Alternatively, next week, if the bs should put price downwards to this level support and that the boost failed to have a strong bullish price action or to defend the skill level support right here, whereby the best steps in and then put price to this dynamic support, then The booths have to do over.
They can to defend this dynamic support, which has been acting as a dynamic support for price right, a likewise right here, and they write it. That was in july of year 2020, and this trend here extends to this structure right here, which was on may of year 2020. So it is a very strong, dynamic support trend line if the booth failed to defend this dynamic support, training. Regard. Writing data is high tendency for the base to put price tango to the key level support which acts at the price level of the 1.31863. If that will occur next week, we are by the base clear of this level. Under this dynamic support, then it suggests the rally writer is currently transforming into a bearish, no rally so next week as a price action trader, pay close attention to the key level resistance of the 1.37528. Likewise, the key level support of the 1.3453 here comes the second currency on our watch list. That is, the european against the ulz. The euro is on a strong bullish, aggressive rally right from the formation of the symmetrical triangle. We got right, it got no price broke out. We got a bullish, strong rally. We can see the dynamic support trend line which i’ve been acting as a dynamic support for price, likewise right yeah. So last week, no that was until zebra broke this dynamic support and then friday buddies carved a bullet and got me back to this bearish back, i discussed about you, know shorting this currency pace, or that was the last week and i stated if you want to Actually sell this currency appear right here you got to be very, very careful, so you don’t jump the gun.
We can see what actually happened right here. This was a resistance for price in september. Likewise, in august of 2020, although there was formation of a head and shoulder right a, but if we should examine this head and shoulder properly right here, we’re going to figure out, it was a my volume, and this is why volume is essential in a market whereby There isn’t a well decisive break out of a pattern, it’s advisable to stay out of search pattern. We can see the bearish part which close out of the neckline of this head and shoulder structure right there. It was in my volume and this one of the reason whereby i stated: if you want to trade, this currency ps, you are putting yourself in a risk and which friday party did card, no a bullish, engulfing bar, so for us long price trade. Above this no key level support of the 1.19653, it signifies the trend. Right here is still under the influence of the boost. So next week, as a price action trader, we got to patiently pay close attention to this key level. Support which was a resistance structure right here, considering a is acting as a support for price so next week, if the boost can ensure a strong bullish close above this dynamic support, structure right here, then it’s a signal, the bullish rally. We got right there in a state of reception. Alternatively, next week, if the base was tapping, we are by the pool price below this ski level.
Support of the 1.19653. Then it just suggests the base are willing to put price downward to retain the previously level support which acts at a price level of the 1.16072. So next week, as a price action, trader, pay close attention to the key level support structure right away as well. The neckline of this formation, regardless, as with the dynamic trendline right here, maybe this is going to serve as a dynamic resistance, or maybe the bearish break out right, which transformed into a false and if that’s, your call then signifies the boost are resuming the bullish opportunity. We got right here and the right ear. The next currency appears on our watch list is the us paid against the japanese yen. We can see this currency pairs right here had been in an existing bearish rally trend right from july of year 2020 to this level structure right there, that is january of year, 2021. price broke out of this bearish narrow wedge through the formation of an inverse add On sugar, that, if you view this currency ps with an eagle eye here, comes the left shoulder, we got a right shoulder right here. We got a head formation right here and which led into the bullish break out right here. This is the last swing low eye of this bearish wave. We got to write it and we can see a strong bullish close above this swing low. I write it, which does suggest there is a bullish interest on this currency pairs.
Here comes the next swing low. I and then, which is currently serving as a point of rejection resistance for price. Last week, however, the major key level resistance comes in at this low. I swings right there and there is a price level of the 106.070. So next week, as a price action trader, pay close attention to the skill level resistance of the 106.070. Likewise, the key level support which acts at the 104.557 likewise the low. I swings right, a which is currently serving as a point of rejection for price. So next week, if price can offer a pullback to the skill level, support of the 104.557 look out for a strong bullish price action. Variety, because this leverage has a lot of probability to interest more buyers to setting. Because this wave movement right here can transform into a corrective wave for the continuation of the bullish rally, we got right. We can see the bearish rally right here changed into a bullish pattern when it’s closed above the last low. I swings right here, alternatively, next week, if price you hit this key level resistance of the 106.070. If you are buying this currency pairs, you are very, very careful right there and then it’s advisable. You trade, your profit or you walk out with your profit and if you want to sell right here, look out for a strong british price action before you look short discord recipes, but for the kind of formation, i’m figuring out right here, i’m gon na patiently wait For a bullish, continuation of this rally, instead of executing a bearish position right here so next week as a price action trader i’m, going to focus my attention at this ski level, support of the 104.
557. If price can offer a bullish price action right, a or maybe if price can close above this ski level, resistance right, a if price can offer a strong breakout and pull back right day. So next week monitor this currency pairs. The next currency pairs on our watch list is the australian dollar paired against ulz. I always emphasize about going against the trend. With the pattern formation, we can figure out on the lower time frame, such as the one hour, no four hour shot frame. If you want to take a train reversal, it is advisable to look out for a reversal pattern based on the daily shard frame, the higher you go, the more stronger and valid the price action signal bar all the short pattern becomes so right here. The bullish rally continues, we can see price closed above the last swing, rejection structure. We got right there that was friday back we got a strong bullish, close and don’t be surprised. The bullish rally we got right is still under the influence of the boost to continue the bullish upward rally right so next week as a price action trader. If you want to take this current cps focus your attention on the four hour shot frame to see our price gon na react right here, or maybe, if you’re not taking this currency pairs. The best zone to implement your stop loss should be at the same low right it you can see. We got this pattern right here: price retested, this structure right there we tested once again and price broke out so next week.
If you want to buy right there, you have to put into consideration the dynamic trend line. We got to write it dice industry for price to eat this structure right here and then make it put back. Then, if price can offer a strong by cigna right here, then you can go along with this bullish rally or put writing and remember. This is not a financial advice. Neither an investment advice is based on technical formation. I can figure out right here so next week monitor this skill level structure right here and then the dynamic trend line. We got right here if you want to go along on this currency pace. Alternatively, next week, if the bus was stepping right by the ensure it didn’t close off but below this skill level structure right there, then it does suggest the best are willing to put price more downward to expose the next key level, support which would act at a Price level of 0.73785 so next week, payroll’s attention to these currency pairs are the dynamic trend line right there and the key structure right there. Likewise is low swing right here: okay, crypto currency traders. This is the time you have been waiting for so it’s time. We wrap up our analysis with the crypto market there’s a bitcoin paired against the ulc. Likewise the light compared against the ulc over the weekend. You know saturday, my time right here. I have received a lot of messages, especially from nigerian traders.
There is a breaking news: the government of nigeria are trying to ban all cryptocurrency trading exchange platform. In fact, it has been banned. The united states government have tried this once in the past and they failed crypto market won the government of india’s as well tried this in the past and they failed at last crypto one. So this is not a new thing uh in the crypto industry as well. You can see what happened in the ripple market, that is the xec against the repo. You can see later what happened on the ripple and which are already our gift analysis. I have noticed. I invested heavily on ripple and i shared how i made over 200. On return of my investment in the ripple market, so this is not a new thing at all in the cryptocurrency market, which means, if you are from nigeria, you can no longer have access to fund your account or to transact through or your name, your nara or Your nigeria bank account for trading crypto market, but i got a good news for you guys. You don’t need to be in the state of panic, initially bitcoin wasn’t created to go through all the government bodies or the banks in system or the exchange trading platform bitcoin and the crypto system. The blockchain network is created for a peer to peer group transaction, which means you can still go with your normal trading of cryptocurrency to peer and pair or group system, which means there are a lot of cryptocurrency peer to peer trading hm platform, which you can switch To as an alternative, i have links under this video.
You can check under this link if you are from nigeria, if cryptocurrency trader in nigeria and that you are finding it difficult to continue your cryptocurrency trading, we don’t need to worry. Don’T need to panic check on the links i have under this video. I believe the links is going to help you to register on the peer to peer trading cryptocurrency platform. This is a platform whereby, when you register your transaction can go through a medium of an escrow once you once you want to buy your cryptocurrency, all you need to do is deposit your phone through this escrow system, and then someone with the cryptocurrency you want to Buy can transfer to you and then you can pay the money as well to the escrow or medium. So this is the solution for nigerian cryptocurrency traders. So right here i got a bitcoin as you can see right now. The bitcoin has no technically resumed the bullish rally. We got right from this level structure right here and this time right now, this formation we got right. There is a symmetrical triangle, and this is a very, very powerful technical chat pattern. Whenever you figure out a symmetrical triangle at an extended move of a bullish rally, it does suggest a continuation of this bullish rally and then right now we can see price is breaking out. I have already accumulated more cryptocurrency after they break out right test, so i am looking out to see what price have to offer me.
Maybe price gon na go in the british rally or maybe in a birth rally and then take note. I have invested a lot in bitcoin when price was in trading at this low value of the ten thousand eleven thousand of the price level right here. So if you’re, not trading cryptocurrency right now, i’m gon na advise you not to put a larger sum of amounts right here so right now the technical information i got on the bitcoin is supporting a bullish or sentiment, but if price can offer a bearish close back Into this no pattern right there, then it does suggest the pattern we got right. There is a false breakout. I swear. I got the light coin paired against the ulc, so here comes the last gon na play again against the ulz. I shared this trading signal with the vip members committee of fs class when i bought into this cryptocurrency how i bought it based on the four hour chart frame i’m gon na show you right now. I got into this trade based on the four hour chart frame. So here comes the four hour shot frame of the lights compared against the ulc. You can see. We got the formation right here, resistance. We got low icing right here. We got it right here. Price broke out of this symmetrical information. We got right here and when price broke out friday, i accumulated more light and writing. I shared this uh entry with the ep embassy committee of fs less and then i know some members as well traded this uh cryptocurrency coin.
So if you are trading, it right now, you’re very, very careful of the key levels, support which comes in at the price level of the 154.93. So if you have speculated the price of lightscan, which i do not, i trade cryptocurrency based on ownership. If you are speculating the best zone to implement your stop, loss right now should be at a swing low writer, that is the price level of the 149.15 and then what i got right here: that’s high tendency for the bullish rally to continue on the litecoin. But if price can close above this low sync, we got right there based on the forward shot frame. Then don’t be surprised if the price of lights going skyrocketed to the next killer, resistance, which would act at a price level of the 1986.68. So if you guys are not we’re familiar or you find it difficult to understand my key level structure on my trading chart, maybe on the four hour frame or maybe on the daily chart frame, i construct my key level structures based on the weakly sharp frame. So i control my key level structure based on the weakling and then i try to analyze to relate it to the daily sharp frame. So this one, i want to share with you guys, thanks for watching this weekly fire forecast – and i do not forget to like this video, put a comment down share with this video with your loved one.
If you haven’t yet subscribe to my free forex trading class, which i do owed every thursday, 8 00 pm gmt plus one there’s a link under this video check the link subscribe today. So you can attend the webinar which comes every thursday of every week and then, if you are looking out for a level forex brokerage company as well as stock brokerage companies, a stock broker company web, you become ownership shareholder of a company in the u.s. That is going to become a shareholder of tesla, of amazon, of coca cola, of girl, guru or facebook. This a platform that you can become a shareholder and not just the normal speculation. You have been offered on your trading platform, so thank you guys. I got all the links right here check on the link, so you can go through register for crypto stock or forest trading account.