Daily Uptrend - part of 123 Elliot wave. Last month mpstly sideway moves 4H Last candles shows healthy trend and good power. Seems no sellers since the end of prevous week wigs shows move up However weekly SR close 1H Very strong momentum Weekly resistance reacted slowly, pullback was not aggressive. Old pirce level was checked It all looks for 2nd test of...
Overall downtrend with working in range till now Weekly In August was Year low therefore I assume price has a few of momentum Daily Breakdown from Range. Bounce from yearly low was not so aggressive Now, i assume price will move down to 1204 area to test Support level above. 4H Franly I do not see signs of strong byuers market and therefore I am mostly...
For me it is a crystal clear Cypher formation. Bullish Also I expect 1.50000 as main psychological Level to go thgough. If Cypher will be formed then I will go long from D making a book trading
Good day! It is just a testing of idea. I assume bullsih Gartley
Strong momentum on 1D 4H and 1H because of touching SR level of 1.3000 Overall trend is down 1D bouncing from Montly SR Fibo 0/612 is on 1.5000 4H Very strong and healthy trend Start of impusle wave 1 EFI shows reversal 1H Stochastic shows strong uptrend with no reversals It could be pullback from 14300, but I mnot sure to which level I will wait till the end...
W - uptrend, D - trading in range, double bottom on Boilinger Bands signs of reversal - bouncing from up channel do down. 4H - clear divergence, Volumes go lower = time to get work in flat Then trend will test 80 and try to go higher I think it worth to try open long from 65 with tight SL and TP around 79-80 Or to trade in range from 65-75. Its good time to...
I suppose the declinng trend will not go through resistance and continue falling
I assume that price in channel and go in flat on 1D and 1W, The power of uptrend in my opinion too low for getting upbreak. The better is to wait until clear move will appear.
Just to check the idea of ATR and time ranges
TIming of trade was based on ATR mesurments It is publiced just to check Timing theory I assume good momentum and uptrend
Currency strength shows that JPY in advance. Also price has good momentum and after sligth correction down will test SR
I expect long with breakining of SR
Due to CHF weakness I expect break thgough SR level
Overall, USD during the week mostly stronger. Therefore for GBPUSD entry i was looking for short opportunity 27 10 2018 1D Downtrend, OSMA 12 26 9 , downtrend. 4H GBPUSD healthy downtrend, good momentum, The pullback is ongoing. Correction for 0.618 Fibo EFI 13 - mostly 0, no HH and HL. RSI shows higly oversold area 1H Good and healthy downtrend, no...
I think due to low decline power and support line of Elliot line 3 was not breaked the HP should perform positive trend despite low volumes at not