MagicNumbers

MagicNumbers

Zone price rejectiong + pullback

MagicNumbers Updated 

price found resistance at end of wave 5, we saw a dif of wave 1 followed by correction+ trendline resistance which gave me reason to enter short. (I AM GOING TO MOVE THIS TRADE TO BREAK-EVEN AHEAD OF DRAGHI SPEECH)

MagicNumbers Updated 

i will be watching price on H4 for a possible long execution. wave correction and completion of wave 2. 61.2 fib seems to be rejecting price perfectly.

MagicNumbers

FOMC

MagicNumbers

Wave 3 correction complete + fib rejection

MagicNumbers Updated 

My Bias is short on this pair based on the monthly and weekly charts i went through beforehand. Price has formed a pennant which seems to be reaching the squeeze phase which will ultimately breakout short according to my analysis. today we saw price rally but unfortunately get rejected by the 1.66278 daily resistance. if the resistance holds we may see the end of...

MagicNumbers Updated 

I have been in a neutral bias on this pair for the past few days however i have leaned towards bullish executions and here is why: price was rejected by the 147.800 monthly resistance and bias was short till the 147.800 area however we came shy of that area leading to being stopped out beyond Break-even at at 146.221 order block. this lead to the formation of a...

MagicNumbers

Following up from the Head and shoulders pattern from about a week ago, we have been in a buyers market which covered about 500+ pips. sellers tried to enter the market and failed as they could break any lows, today we see price buyers a bullish candle engulfing the past 3days P.A which is a clear sign of the uptrend continuation. for confluence we can see a...

MagicNumbers

We have been seeing massive buyers strength on this pair. we covered about 550+ pips in the past 8 days however sellers have been trying to take control bringing about difficulty in price continuing higher however the market still belongs to buyers. The Ascending Trendline held firm pushing price higher, however we are approaching the 1.28500 Mid-Range area of...

MagicNumbers

Price has been rallying strong for weeks now, we recently breached the 0.77000 monthly support however we pulled back to retest the 0.76720 H4 support area. Candlesticks are suggesting early signs of a bullish continuation however for confluence of reasons i have placed a buy stop at break of the Pennnat/ counter trendline. Lets see how price plays out :)