Zone has been holding price for a few Weeks and it is a sell Area as it cant break the resistance.
1)Elliot wave count 1-5 after retest of breakout. 2) we are on a pullback before continuing with direction (abc still valid)
1) 5 wave done Elliot wave, ABC retracement coming. 2)Monthly pivot Zone.
1)Price on support area (mitigation zone) 2)Pivot Point area of support.
Gold is bearish as also USDJPY is on support. 2nd reason We on key pivot resistance Area.
Mitigation zone Resistance Pivot Zone All indicies on resistance (Supply Zone) and they move same direction as Gold confluence zone.
1)Perfect demand Zone 2)Reversal Pattern of morning start forming 3)Monthly Pivots Demand Zone.
1)Fib level (50-61.8 Level) Good retracement level. 2)Price is rejecting at 61.8 in past 2days and not breaking through Which shows the bears are in control NB: Also ETHUSD is doing same thing which confirms movement.
1)Breakout of up trend 2)Head and shoulder formation D1 time frame NB We currently completing Right shoulder.
1)We a within a triangle which is serving as Support and resistance currently buying at support of it While we wait for breakout of the triangle 2)Morning star reversal pattern formed.
1) Head and shoulder pattern forming. 2) Fib retracement area for sells
1)Shorting NAS100USD,pivots strategy shows its at a resistance area/level 2)trend analysis show it at key area to of resistance aswell
Inverse Head and shoulders Reversal on Eurusd (length of Head is length to TP) DXY Dollar is Bearish and it correlates with buy on Eurusd.
Retest of breakout trend line to move further up. JXY (Yen strength long term.
GBPUSD bullish as DXY at resistance GBPUSD on a Channel holding for 3 years
JXY (YEN INDEX) is at key Support therefore all YEN pairs must drop. Perfect Resistance Level at Fib area + ABC Elliot's wave.
Supply and Demand Demand Every November it buys for pass 3 years on the demand zone