1HR AUDCAD: bullish Overall bias is bullish Current bias is bullish moving sideways in a rising wedge where price continues to create new HLs while being rejected from breaking resistance. I’d like to see if price will repeat its move on Aug 10th when it had continued to push up breaking 4 HR resistance. Currently price has created a higher right leg higher than...
15 min AUDJPY Price has created new LHs and LLs while moving within the zones in the last two days. Price is currently at a bullish engulfing candle that sits on the support just on top of a bullish OB. If the current candle continues to go higher than the 0.75 fib level that confirms bullish move. The 75 fib level area is an important area/zone due to being...
1hr USD JPY Current bias is bullish as price has not broken 4 hr support zone in the last few hours ago. Price is creating a bullish pinbar as a new HL slowly reaching the 50% of the bearish engulfing candle. I’d like to see if the current candle will continue to push up just below the neckline of the recent DT before returning bearish to the retest the daily zone
Overall bias is bullish Current bias is bullish. Price has continued to push up breaking out of the 4 HR resistance zone as well. Price may continue to push up to 94.876 until it starts to go bearish. The area above the 94.876 has not been broken and it had a history of Bearish OB. I placed a pending buy order at 0.5 fib level slightly below the daily...
1HR USD JPY Current bias is bullish with a bullish engulfing followed by a doji that closes above the bullish engulfing candle. Those last 2 candles have broken out of the 1 HR support zone which confirms bullish bias. Waiting for 3rd candle to complete to see if it is a bullish candle.The new/3rd candle sits at 0.50 fib level Price may push up and returns to...
AUD JPY 1HR Current bias is bullish Price is currently creating a new pullback with a doji above the bullish engulfing. This is a possible pullback/temporary as price may get stopped at the neckline inside the 1 HR resistance. This is the same area where price had been pushed down from breaking the resistance since earlier today. The TP area between 1HR and 4 HR...