Daily Trend: Long Setup: Overlap Support Trigger: Hammer
Daily Trend: Long Setup: Overlap Support Trigger: Bullish Engulfing
Daily trend: Long A re-bounce from overlap resistance on H4/D1.
Short term trend: Down A strong push from overlap resistance on H4/D1. Entry: On the previous day closing Stoploss: On the previous day high
- Trend line support - Overlap support zone - Fibo 0.382
FUNDAMENTAL - Fed reduce interest rate (negative for US dollar) - Oil price war (slightly negative for US dollar) TECHNICAL - Trend is still LONG bias - Strong bullish candle moves - Short term bear trend line breakout
ANALYSIS 1. Bullish candle off support 2. Overlapping zone 3. R/R 1:2
ANALYSIS 1. Weekly & Daily Trend: Bear 2. EUR showing sign of weakness 3. FTR pattern forming in H4 (waiting confirmation) 4. Sell Short Order
ANALYSIS 1. Rejection from Weekly support. 2. R/R of 1:2 3. Risk 3% of capital
ANALYSIS 1. Strong rejection (Always wait for confirmation till the end of Day bar) 2. Area of Resistance 3. Pin Bar (refer to pointer 1) Good Luck!
ANALYSIS We are looking at pullback at H1 TF. 1. Strong push from the weekly support zone 2. Higher high in H4 and H1.
ANALYSIS 1. Signs of weakness in selling. 2. Major Support zone 3. Pin bar in H4
ANALYSIS 1. Signs of rejection 2. Weekly Support Area 3. Rejection pin bar
ANALYSIS 1. Downtrend in both D1 and H4 2. Resistance Zone Entry: 74.900 SL: 75.000 TP: 74.280