Filipo1

Filipo1

Let's see if MACD will cross below the signal line supporting the continuation pattern from RSI hidden divergence.

Filipo1

Again, no comment. Price action only.

Filipo1

No comment, just plain sight price action.

Filipo1

Let's make a long story short by just looking at the weekly chart, no need for empty words I guess.

Filipo1 Updated 

Bullish MACD convergence supporting the move.

Filipo1

Morning star rebound right on the Kumo and the 50% Fibonacci retracement (period Apr.21 - May 24) augurs well for the continuation of the reversal unless... you know, the 3 magic letters put everything upside down later today. The view is supported by weekly and monthly BB charts below. On the weekly there is -so far- a clear rejection up from the middle band but...

Filipo1

Will we finally break this multi-months resistance? This time Tenkan-sen is close to the price action so it means current trend is strong. s3.amazonaws.com

Filipo1

Buy above 46.50 sell below 45.50 but beware of initial frequently contrarian move right after the EIA release.

Filipo1

Bullish MACD crossover. Watch for Chikou-span crossing over historic price action once the pair breaks the yellow resistance line.

Filipo1

Short is the way to climb above the cloud BUT a few resistances to break first on the way... Bullish MACD convergence and thin Kumo are supportive of the view.

Filipo1

Enjoy!

Filipo1 Updated 

Bullish: - price action above the Kumo, Kijun-sen and Tenkan-sen. - Tenkan-sen recently crossed above Kijun-sen and keeps pointing higher. - Chikou-span above historic price action. - rather negative oil prospect. Neutral: - last weekly candle is a doji confirming hesitation after four failed attempts and uncertainties around next week RBNZ rate...

Filipo1

Divergences on RSI + MACD combined with the long shadow candlestick (right on the SMA55) indicating market's hesitation to keep going lower on the monthly chart lead me to anticipate a rebound on the lower uptrend channel line. If confirmed I will go long with stop-loss below 100.

Filipo1

After crossing below weekly uptrend channel on Brexit, price action has again re-tested lower band's resistance but was unable to close above it stopped by the confluing horizontal weekly resistance line at 1.1197, before retracing to its closing level confluence of upper Bollinger band and SMA55. Since May 3rd pin candlestcik a new downtrend channel has emerged...

Filipo1 Updated 

I hope this time the chart will not be altered on publication. RSI divergence + strong support from short-term uptrend channel and Kijun-sen could allow price action to finally break the upper Kumo resistance after 3 failed attempts.

Filipo1

RSI divergence on one hand with strong support from short-term uptrend channel + Kijun-sen on the other hand could signal a long-term trend reversal.

Filipo1

Slight retracement after slightly better than expected PRE-BREXIT employment figures in UK is offering a good opportunity to go short on H6S pattern. Senkou-span A coupled with Tenkan-sen should provide good resistance.

Filipo1

Slight retracement after slightly better than expected PRE-BREXIT employment figures in UK is offering a good opportunity to go short.