MONTHLY: Bullish cross of EMA's. We're also right on the peak of descending trendline.
WEEKLY: We have a 3rd tap of our ascending trendline, which formed a bullish engulfing.
DAILY: Clear rejection of our 1.30000 monthly key level. Also, cross of EMA's bullish.
*notice we are now bullish on all time-frames so far*
H4: Overall uptrend. However, we are on a...
We had a lot of buyers exhaustion today on the daily close. The wick of the daily also bounced right off of our descending trendline (3rd Tap) that we originally projected to break.
We are just watching as price action forms. Potential double top to form during London session tonight. However, we are currently neutral with profits taken from yesterdays idea....
We had a lot of buyers exhaustion today on the daily close. The wick of the daily also bounced right off of our descending trendline (3rd Tap) that we originally projected to break.
We are just watching as price action forms. Potential double top to form during London session tonight. However, we are currently neutral with profits taken from yesterdays idea....
Starting out on our
MONTHLY: We're on an overall uptrend. Currently approaching the top of a descending channel, in which we're potentially looking to break.
Why?
WEEKLY: You'll see that last week we had our 3rd tap of our trend line at monthly key level of 1.30000. This 3rd tap that we are seeing also formed a bullish engulfing pattern....loots of buyers...
Weekly- Still have bullish sentiment. Showing sellers exhaustion in our monthly key level, along with weekly trendline confluence.
H4- Break of structure. Currently establishing a higher low, right on our 61.8 PRZ. Lots of indecision candles on MA in our buy zone
H2- Inverted Hammer
M15- Starting to create HH's & L's Leggo! Be patient. Structure tells the...
NFP didn't bring us much major volatility.
Structure on our daily timeframe still being maintained around the key level 1.3000. Higher low looks to be taking formation, Still showing sellers exhaustion on 3rd tap of trendline. MA's starting to flatten out.
H4-
This is our M15 chart, if we can get a clean break and retest of our descending trendline at market...
Monthly and weekly MA's bullish
Daily- 3rd tap of ascending TL. On 1.3000 pshycologial level weekly key level
H4 bullish engulfing on 1.3000 key level plus higher low created
Shorting tonight back until the 1.3000 level and inner M30 TL boucne Tomorrows NFP should bring enough volume into the market to push to 1.32 by next week.
You know how to enter...
Weekly and monthly MA's bullish
Daily we have a 3rd tap of our ascending trendline right on our 1.3000 psychological level.
H4, bullish engulfting on 1.3000. Higher low then created.
M30 BOS. Looking for shorts tonight up until that 1.3000 level once again, in confluence with the short-term TL.
Tomorrows NFP continues bullish trend and breaks to the 1.3200 level next
