Analysis -AUDUSD looking bullish and showing signs of a potential reversal following days of consolidation. -The price action in the consolidation resulted in a daily pinbar at support which is a bullish sign. -On the 1H time frame, price is making equal lows and looking to break the trendline to the upside. -There is also bullish MACD divergence on the 1H...
Analysis -DXY looking bullish after showing signs of a potential reversal. Sellers pushed price down into support but buyers bought it up before the daily candle close. -The price action resulted in a pinbar setup AT SUPPORT which is a bullish sign for the dollar. -On the 1H time frame, price probing a minor resistance level and a break to the upside may be...
Analysis -USDCZK looking bullish after showing signs of reversal. Sellers pushed price down into support but buyers brought it back up above support before the daily candle close. -The price action resulted in a daily pinbar setup AT SUPPORT which is a bullish sign. -On the 1H time frame, price just broke a bearish trendline or the neckline of a head and...
Price moved really quickly from my entry... Analysis -USDCAD looking bullish after showing signs of a breakout, pullback and continuation play. Buyers pushed price significantly past resistance wherein sellers came in and pushed it back down into resistance turned support. The price action resulted in a daily spinning top setup AT SUPPORT before the daily...
Analysis -GBPJPY looking bullish after showing signs of reversal. Sellers pushed price down into support but buyers came in and bought it up before the daily candle close. -The price action resulted in a spinning top setup AT SUPPORT which is a bullish sign. -On the 1H time frame, price just broke a bearish trendline to the upside. -The reward/risk is good...
Analysis -EURNZD looking bullish after showing signs of reversal. Sellers pushed price down into support but buyers brought it back up above support before the daily candle close. -The price action resulted in a pinbar setup AT SUPPORT which is a bullish sign. -On the 1H time frame, price just broke a bearish trendline to the upside. -There is also bullish RSI...
Analysis -XAUJPY looking bullish after showing signs of a reversal. Sellers pushed price down into support but the following day, buyers bid up the price to back above support before the second daily candle close. -The 2 candle price action resulted in a bullish engulfing setup AT SUPPORT which is a bullish sign. -The third day (after daily bullish engulfing...
Analysis -EURCHF looking bullish after showing signs of reversal. Sellers pushed price down into support but buyers brought it back up above support before the daily candle close. -The price action resulted in a spinning top setup AT SUPPORT which is a bullish sign. -On the 1H time frame, price just broke a bearish trendline to the upside. -There is also...
Analysis -CADJPY looking bearish after showing signs of reversal. Buyers pushed price up into and past resistance before the previous day's candle close. The next day, sellers stepped in and pushed price all the way down past yesterday's daily candle open. -The price action resulted in a bearish engulfing setup AT RESISTANCE which is a bearish sign. -On the 1H...
Analysis -NZDJPY bears are coming FAST! NZDJPY looking bearish after showing signs of reversal. Buyers pushed price up into resistance, wherein sellers stepped in and pushed price down before the daily candle closed. -The price action resulted in a daily candle pinbar setup AT RESISTANCE which is a bearish sign. -On the 1H time frame, price just broke a...
Analysis -NZDCHF looking bearish after showing signs of reversal after buyers pushed price up into resistance, wherein sellers stepped in and pushed price down before the daily candle close. -The price action resulted in a daily candle pinbar setup AT RESISTANCE which is a bearish sign. -On the 1H time frame, price just broke a bullish trend to the downside....
Analysis -XAGUSD looking bullish after showing signs of reversal wherein sellers pushed price down into support and buyers stepped in and pushed price up before the daily candle close. -The price action resulted in a daily candle pinbar setup AT SUPPORT which is a bullish sign. -On the 1H time frame, price just broke a downtrend to the upside. -There is also...
Analysis -GBPCAD looking bearish after showing signs of reversal after buyers pushed price up into resistance where sellers stepped in and pushed price down before the 4H candle close. -The price action resulted in a 4H pinbar setup AT RESISTANCE which is a bearish sign. If price breaks the lows of the pinbar, sellers may push price down further. -There is also...
Analysis -CADJPY showing signs of reversal after buyers pushed price up into resistance where sellers stepped in and pushed price down before the 4H candle close. -This price action resulted in a 4H doji setup AT RESISTANCE which is a bearish sign. If price breaks the lows of the doji, sellers may push price down further. -There is also RSI divergence on the 15...
Analysis -GBPAUD showing signs of reversal after buyers pushed price up into resistance two times but sellers pushed down both times before the 4H candle close. -This price action resulted in a 4H doji/pinbar setup AT RESISTANCE which is a bearish sign meaning sellers may be stepping in the market. -There is also RSI divergence on the 1hour chart further...
Note -AUDCHF showing signs of reversal after buyers pushed price up into resistance but sellers pushed down and engulfed the whole 4H bullish candle. -This price action resulted in a 4H bearish engulfing AT RESISTANCE which is a bearish sign meaning sellers may be stepping in the market. -We retested the engulfing (breakout on lower time frames) and rejected...
Note -NZDJPY showing signs of reversal after buyers pushed price up to 74.2 but sellers rejected higher price at a level of resistance. -This price action resulted in a 4H pinbar candle AT RESISTANCE which is a bearish sign meaning sellers may be stepping in and players long in the market may be taking profits. -Stochastic is also overbought with bearish price...
Note -AUDCAD showing signs of reversal after buyers pushed price up into resistance but sellers pushed down and engulfed the whole 4H bullish candle. -This price action resulted in a 4H bearish engulfing AT RESISTANCE which is a bearish sign meaning sellers may be stepping in the market. Entry -Keep enough distance below the low of the engulfing candle to...