HANSFXTRADER

HANSFXTRADER Updated 

Monthly: Price rejected the monthly high so we are expecting for price to reach a previous support. Weekly: Price is formign a H&S pattern and also a bearish W. Daily: In the daily time frame price is also forming a bearish W. 4H: We should wait for price to change from bullish structure to bearish structure to look for an entry.

HANSFXTRADER Updated 

Monthly: Price is rejecting previous broken structure. Weekly: Price is forming and inverse head and shoulder pattern and it is rejecting the 61.8% of the weekly fib. Daily: Price is forming a bullish M so we are expecting anothe push from the 61.8% of the daily fib. 4H: Price is making higher highs and it already rejected the IC (institutional candle)...

HANSFXTRADER Updated 

Monthly: Price is below the descending trendline and it could go to retest a previous structure on the monthly. Weekly: Price is forming a H&S pattern and it is rejecting the 61.8% of the weekly fib. Daily: Price also is forming a H&S pattern with an Institutional candle in the last push. I am expecting that price rejectes the White box and make a new low on the...

HANSFXTRADER Updated 

Monthly: Price had an over extended push to the upside and it came back to retest previous broken structure before going to the upside again. Weekly: Price is forming a bearish W and it is rejecting the 61.8% of the weekly fib. Daily: Price could retest the daily Institutional candle (white box) before it continues to the the downside and it could also form a...

HANSFXTRADER Updated 

Monthly: Price is rejecting the weekly highs and the descending trendline. Weekly: It is forming a bearish W and price is already rejecting the 61.8% of the daily fib. Daily: Price could be forming a H&S pattern to confirm more downside momentum. The 61.8% of the daily fib is also aligning with the possible right shoulder. 4H: We should wait for deceleration on...

HANSFXTRADER Updated 

Monthly: Price is below a big descending trendline and it is forming a H&S pattern. Weekly: Price is making LLs and it is rejecting the 61.8% of the weekly fib. Daily: Price already retested the institutional candle (white box) so it could continue to the downside at least to the beginning of the correction. 4H: Price formed a bearish W and it rejected the...

HANSFXTRADER Updated 

Monthly: Price is above the ascending trendline and it is forming an inverse H&S pattern. Weekly: Price is starting to make HHs so I am expecting more upside momentum. Daily: Price is forming a bullish M and it could go the 95.20 region if price reject the institutional candle ( the white box).