FutureFx

FutureFx

Price is busy forming a massive H&S pattern on the H4 & Daily time frame. If you look closer pair is rejecting 61.8% fib on H1 and is still trading above 20MA and 50MA. You will see lines a marked out that shows price is at a key level. Can either shoot up or go down. Manage risk carefully as it is NFP today.

FutureFx

Pair broke a massive ascending trendline and seems to be rejecting a massive previous support as you can see marked out on my chart. There are also small lower highs forming on the H1 time frame. I believe we can get a push down to 0.7000 before moving up on NFP tomorrow.

FutureFx

Pair broke a strong level of support and looks like it is getting exhausted to the upside. Broke my 20MA which confirms that sellers are in the market as well as a bearish engulfing that confirms it. I believe the pair can push to 1.35000.

FutureFx

Pair rejected a previous strong level of support as you can see where I marked it out on the chart. The pair also rejected that zone massively on the H4 timeframe with a massive shooting star yo cofirm sellers are in the market! I believe if price can broke below my support zone we can see more downward momentum. Another good reason to enter is the double top...

FutureFx

Pair is at a very strong support zone. As it is Monday I believe the market is going to retrace a bit to the upside before the long term downtrend move continues. Small 61.8 rejection and bullish engulfing on 1H confirms the bit of buyers in the market.

FutureFx

Pair has made a massive push below 155 and is now pulling back to retest that area. That area also appears to be exactly at the 4H 61.8% Fibonacci zone. There is also a descending trend line that aligns at that area. Let see how it plays out. All information is based on my own personal analysis for tracking purposes. Have a great Friday!!

FutureFx

Reasons for entry: 1- Broke descending trend line 2- Retested the descending trend line break. 3- Bounced off of my red Moving average 4- Rejected fib zone (50%-61.8%) 5- Previous support being rejected and previous resistance now acting as new found support.

FutureFx

Reasons for entry: 1- Broke 1H trendline 2-rejected strong support 3-Made higher high on 1H 4-Rejected fib zone