W close to watch !
Still bullish on 3D and W
-W RSI pennant
-W inverted hammer
-3D bullish swallowing candle
-3D bullish RSI divergence
Past week opening was 10k1, this is the first level to hold, where we can also find POC (volume profile Point of Control) since early july to now
This week opening was 9750, it's the second level to hold in order to preserve the weekly inverted hammer
D & H12 = neutral
-Ugly candles, but already better on lower TF, and support is still holding for now
-RSI falling wedge retest on D, while the price falling wedge breaked out these past days

H4 and H1 = neutral/bullish
-Red hammer candles, bullish but not as bullish as green hammer
-H4 RSI support holding
-H4 EMA(50) and MA(50) holding
-H1 and H4 Stochastic bull divergences
-Potential broadening bullish triangle
-Classic Retest of EMA200 after first golden cross attempt on H4

CME Futures gaps
10k - 10k4 touched, not 100% fill but complete fill is theorically not necessary for validation
11k6 - 11k9 not reached yet !
Resistance to break : 10400, then 10600
Support to hold : 10100, then 9750
elearnmarkets.com/blog/wp-content/uploads/2016/03/BROADENING-TRIANGLE-.jpg
Still bullish on 3D and W
-W RSI pennant
-W inverted hammer
-3D bullish swallowing candle
-3D bullish RSI divergence
Past week opening was 10k1, this is the first level to hold, where we can also find POC (volume profile Point of Control) since early july to now
This week opening was 9750, it's the second level to hold in order to preserve the weekly inverted hammer
D & H12 = neutral
-Ugly candles, but already better on lower TF, and support is still holding for now
-RSI falling wedge retest on D, while the price falling wedge breaked out these past days
H4 and H1 = neutral/bullish
-Red hammer candles, bullish but not as bullish as green hammer
-H4 RSI support holding
-H4 EMA(50) and MA(50) holding
-H1 and H4 Stochastic bull divergences
-Potential broadening bullish triangle
-Classic Retest of EMA200 after first golden cross attempt on H4
CME Futures gaps
10k - 10k4 touched, not 100% fill but complete fill is theorically not necessary for validation
11k6 - 11k9 not reached yet !
Resistance to break : 10400, then 10600
Support to hold : 10100, then 9750
elearnmarkets.com/blog/wp-content/uploads/2016/03/BROADENING-TRIANGLE-.jpg
Note
Price was rejected at resistance after a short term bounceThis scenario was obviously canceled when price went under 10100 and 9700
Note
Check it out ! :)fxleaders.com/forex-signals/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.