AntsAnalysis

AntsAnalysis

Going with the overall trend of this market We have broken a bullish counter trend with an impulse to the downside We are now waiting for a correction back up to the 50% fib which lines up with an area of sensitivity throughout the market

AntsAnalysis

Confluences - Large wick rejection monthly candle close - Weekly candle closed as a strong bullish hammer - Sellers tried to step in at previous support and try use it as resistance however they were unable to do so and buyers just continued with their momentum to the upside

AntsAnalysis

Confluences - Price failed to continue with its bearish market structure and use previous support as resistance - Strong daily bullish engulfing candle - Rejections at 1.53500 resistance which is look to be used as the neckline

AntsAnalysis

Confluences - Break of ascending channel - Bearish market structure forming lower lows and lower highs - Break out of rising wedge - Head and shoulders pattern

AntsAnalysis

Price is uptrending heavily on the higher timeframes so we are just going with the trend on this one Recently broken to the upside of a ranging structure Looking for the retest before taking buy positions

AntsAnalysis

Confluences - Big weekly bearish pinbar - Double top followed by big bearish move to the downside - Broken an ascending trendline - Already made a lower high from retesting the psychological level of 118.00

AntsAnalysis

Price still looks like it needs to pullback further before a possible continuation to the upside Could potentially look for sell positions down before buyers step in the long term

AntsAnalysis

Looking like an inverse head and shoulders is forming Currently early entries at the 38.2% Looking for a further push down before continuing up

AntsAnalysis

Confluences - This pair has finally broken impulsively through the upside of a range and above a psychological level of 118.0 which was recently respected - On the higher timeframes we are in bullish market structure forming higher highs and higher lows - Strong daily bullish engulfing candle through resistance

AntsAnalysis

We could potentially see some short term sells on this pair The way the daily candle has left no wick to the downside makes me believe that we have some further downside movement to come As we are in much larger timeframe bullish market structure we have to be careful with selling and ensure we protect our capital at all costs Buyers can step in at any moment...

AntsAnalysis

This pair is currently bouncing between 1.800 and 1.78500 with equal buyers and sellers within the market Will be waiting for price to either break to the downside or upside to confirm a directional bias

AntsAnalysis

Looking at current bullish market structure we are still very impulsive and look over extended, trying to catch more buy positions is dangerous What we will be looking for is a structure shift on the lower timeframes to try and catch this longer term pullback

AntsAnalysis

Confluences - higher timeframe bearish market after making a double top at 1.45 shown on the weekly chart -Daily market structure is still bearish as we failed to make new highs and instead began to range.... Full analysis posted in my premium group

AntsAnalysis

Confluences - Higher timeframes such as the weekly we can see that market structure has shifted. Shown by the strong weekly bullish engulfing candle - On the daily looks like we have an inverse head and shoulders and have now broken through the neckline. Similar to other USD pairs like USDCHF - Bullish impulses followed by bearish corrections - Slow down in...

AntsAnalysis

Trading within a range Waiting for a break of bullish market structure

AntsAnalysis

Price trading within a range We had a break out of the range and break back in from touching the psychological level of 118.00 We have now broken bullish market structure on the lower timeframes

AntsAnalysis

Potential head and shoulders forming We may see one more push to the downside to touch the support of this ascending channel

AntsAnalysis

Double top followed by a possible head and shoulders pattern Will be waiting for a break and retest of the neckline for extra confirmation