GemtradesFX

GemtradesFX

- Failed to make lower lows - Rejection of the 0.786 FIB - Currently sitting in the golden pocket area of the FIB - Failed to close below the 50MA on the daily and weekly

GemtradesFX

- Break of ascending trendline with a very bearish candle - Weak dollar across the board - Rejection of 0.71 FIB, trendline and 50MA

GemtradesFX

- Higher highs and higher lows - Pullback to 0.382 likely, but we could see a further push down to the 0.618 FIB, trendline and 50MA - Break of the 50MA on the weekly

GemtradesFX

- H&S formed, and price broke through it, but we failed to see the push down we wanted - Price has now formed a new higher high and broke through the descending trendline - A pullback down to retest the trendline, and the golden pocket area of the fib could be a good entry to go long

GemtradesFX

- Higher high and higher lows. - Hovering around the 0.382 FIB area - Failure to close below the 50MA on 1hour

GemtradesFX

- Lovely wick rejections off the 0.71FIB - Rejection of 50MA - Under 200/50MAs on all timeframes

GemtradesFX

Dollar still looking weak - Break of 50MA on the monthly - Break of 200MA on the weekly - Cross of the 50 and 200MA on the daily Be mindful when trading US pairs

GemtradesFX

- Break of descending trendline, forming new higher high and higher lows - We got the pullback to 0.618, lines up nicely with the 50MA on the 1HR and 4HR

GemtradesFX

- Higher highs and higher lows - Rejection of trendline, 50MA and 0.786 FIB - Failure to close below 200MA on hourly

GemtradesFX

Dollar still looking weak - Break of 50MA on the monthly - Break of 200MA on the weekly - Cross of the 50 and 200MA on the daily We have hit some support on the daily, so could we see some USD strength?

GemtradesFX

- Higher lows created, want a pullback to the 0.382 fib and 50MA to create a new higher low

GemtradesFX

- Higher high and higher lows - Want pullback to 0.618 fib, lines up with 50MA

GemtradesFX

- Break of descending trendline, forming new higher high and higher lows - Looking for pullback to 0.618, lines up nicely with the 50MA on the 1HR and 4HR

GemtradesFX

- Higher high and higher lows - Want pullback to reject trendline, support (previously resistance) and 0.382 FIB - AUD strength and Dollar weakness

GemtradesFX

- Break of descending trendline - We could get a pullback and rejection off the 0.382 FIB, 50MA and 200MA

GemtradesFX

- Higher highs and higher lows - Pullback to the ascending trendline which lines up with the 0.382 FIB - Also lines up with the 1 hourly 50MA - Previous resistance has turned into support

GemtradesFX

- Further AUD strength - Higher highs and higher lows - Pullback to 0.382, this lines up with the 1HR 50MA - Previous resistance is now a support area

GemtradesFX

- Continued AUD strength? - Higher high, higher lows - Rejection of TL, and 0.382 FIB