W- Four weeks of consolidation zone broken, fifth-week candle closed above all the previous wicks. D- Bearish structure broken, new higher low and higher high have been formed. ( would it retest 38.20%?) 4h- 38.20% fib re-test. First TP : 107.664 Second TP : 108.187 Over all TP : 109.826 (300 pips)
D- Consolidation zone broke, 38.20% fib re-test. 4h- Support formed, will it hold Auzzie?
Update on Daily/ 4H charts. D- 61.80% fib rejection, double top, new lower high formed.
USDCAD Update* USDCAD Update* W- broke under monthly support TL/ Re-tested. Countertrend broken! D- 61.80% fi/ monthly resistance/ TL all re-tested!
W- After being stuck for two weeks, the consolidation zone was broke, last week's candle broke and closed above the wicks. D- Zone broken, needs a re-test, double bottom. 4H- selling to re-test level, 38.20% or 61.80% Overall, I'm looking to go long since the reversal has formed, HH's & HL's. 148.00 is the target!
300 pip target, bullish reversal on its way. 4h- Could wait for consolidation zone to be broken and re-tested for a safer entry.
W- Bullish structure broke, MA's crossed over, Lower lows forming. D- 61.80% fib/ Monthly TL/ R re-test.
4h- previous structure broken (BOS), MA's are crossed over (bullish). 30m- HH's & HL's , retesting 38.20% fib. previous highs/ resistance. ____________________________________________________________________- Before placing traders: - wait for a bullish engulfing on 38.20% fib!
4h- previous structure broken (BOS), MA's are crossed over (bullish). 30m- HH's & HL's , retesting 38.20% fib. previous highs/ resistance.
Daily, monthly support hit. 4H- 38.20% fib retest. 30- HH's and HL's forming on lower time frames (MA's are bullish) 38.20% fib!!
Daily- Lower Lows, Strong resistance level, Bearish engulfing. 4h- LL's have formed, MA's are crossed over! Nice Risk/ Reward trade setup!
Looking for a re-test, before continuing down or BOS...
Daily- Bullish TL broken, retesting under it from past 3-4 days, MA's have also been crossed over (Bearish). 4h- 61.80% fib hit three times already, looking for a final push now!
Weekly- Fib Ret 61.80%. 4h- Two LL's have formed, MA's crossed over, needs to break the CTL. 30 min- Entry on pullback!
Pennant, 38.20% target for this weekend! Over all target is 0.40