as you can see very promising pair on usdchf we can see price rejects the weekly resistance and forms a head and shoulder patter allong with a big bear candle breaking the support on 4h and trendline which tells me that the bears are in control and will see a big drop before wave number 3 is formed reasons for trade : rejection of weekly resistance/ 61.8 fib...
What do we see for USDJPY? a impulsive move to the upside and now a continuation to the major trend (bearish ) a break and retest of previous support big bullish presence for now I will wait until I see price react to the previous support now resistance at the 50% or 61.8 and if I can see bullish depletion I will enter the short
what do we see for EN? STOCHASTIC CROSS OVER ON 1H 4H STOCHASTIC OVER SOLD PRICE RETESTING THE BROKEN RESISTANCE NOW SUPPORT PRICE REJECTING THAT SUPPORT AREA FORMING A HAMMER PRICE RE-ACTING TO 61.8 / 50 % ZONE SCALE DOWN TO THE 8 EMA CROSSES THE 21 SMA FOR SNIPER ENTRIES what iam looking for : a strong price...
what do we see for usdcad? STRONG DOWN TREND BIG WICK REJECTION FROM GOLDEN FIB LEVEL A RETEST OF PREVIOUS BROKEN SUPPORT
currently we see a strong up trend on the daily and is breaking every structure like no tomorrow what do we see for chfjpy? PRICE HAS BROKEN PREVIOUS RESISTANCE WITH STRONG BULL MOMENTUM PRICE HAS COME DOWN TO RETEST THAT PREVIOUS RESISTANCE AND IS NOW REJECTING THAT AREA WITH THE 50% FIB LEVEL PRICE ON 1H ( REACTION TIME FRAME) LOOKS...
the reason for my bias? STRONG BEARISH MOMENTUM CANDLE BREAKING THE SUPPORT LOWER LOWER LOWER HIGH MADE THE MOVING AVERAGE CROSS IN 1H BEARISH DIVERGENCE CONTINUATION OF DAILY TIME FRAME TREND PLEASE NOTE THIS CAN BE A M FORMATION ON DAILY. IF PRICE CONTINUES TO BREAK 16.93380 AREA ILL BE LOOKING FOR MORE ENTRIES I WILL...
audcad looking for more confirmation before entering perhaps a retest and then a break to the downside WHAT DO WE SEE? ON AUD CAD?: HEAD AND SHOULDERS 8 EMA AND 21 SMA CROSS OVER STRONG BEARISH MOMENTUM BREAK OD THE 1H SUPPORT TRENDLINE ACTIONS TO TAKE : WAITING TO SEE ANOTHER BEARISH CONFIRMATION CURRENTLY PRICE ON 1H IS RETESTING/...
what do we see in this pair? very interesting price can make a correction before going down as of right now we will see how it reacts to support and the major daily trend line so far our confirmations bearish divergence M pattern big bearish momentum candle stochastic cross over on daily time frame ACTIONS WE TAKE wait for the market...
for cadchf looking for more bearish price action before entering a upper rejection or bearish engulfing so what do we see to make our bias short? BREAK OF THE MINOR SUPPORT (50% FIB RETRACEMENT) BEARISH DIVERGENCE TWEEZER TOP REVERSAL PATTERN ON RESISTANCE STRONG DOWN TREND PRICE ALSO FAILED TO CREATE A HH AND CONTINUES TO MAKE A LOWER...
we can see price has broken the 4h trend line and the minor support with a big bearish momentum candle and has respected the 4h key support and will probably make a correction to retest the previous broken support so what do we see? broken trendline and structure Big bear momentum THE SELLERS ARE HERE area of confluences price has respected the...
DOUBLE TOP / M FORMATION BIG BEARISH MOMENTUM ON DAILY BROKEN SUPPORT ON 1H GOING DOWN TO 4H KEY AREA So what are we looking for? a major rejection from the 4h minor trend line and 4h key support if it breaks the structure and trend line with a big bear candle we will short if it continue to be bullish we will wait for it to break the resistance for long...