thoughts on this ? i believe buy, as basic break and retest pattern is forming
EURGBP looking good on overall time frames. also indication of the 50 and 200 ema suggests the markets will return bullish. price is a t supply and demand zone and has tested this level and candle wicks show it has taken it as a suppport. Additonal confirmation of the fib level supports the idea of the market going up SL and TP at previous supply and demand zones
Took AudZns shorts 15n ema, fib, zone and bearish trend confirms
GBP NZD giving us our 3 point confirm on the 15 m , which is rejecting the 50 ema, on a fib golden zone level and at an area of supply and demand, just need candle confirmation then will be selling on the 15m
took this sell on gbppnzd for half a percent, uncertain but could work well, giving me 7% profit for the day. looks good on 15M EMA, fib at a key level and also break and retest of a key zone. note price on heavy bearish move on multiple time frames
USDCHF showing nice rejection candles on the 15m chart, rejecting the marked siupply and demand level, aswell as meeting and showing rejection at the 50ema. additionally price is rejecting of a jey level on the fib, indicating a short. risking half a percent on this trade.
Took GBPNZD as a sell, looks good with emas nearly crossing on the 15 minute. price also at a break and retest of a highly respective trend area on the 1 and 4H Charts.
Buying audnzd on the 15 min, emas look good, price reacted with a heavy top candle on the 50 ema giving good inidcation for a buy. also have a nice fib level aswell as a one testing for support.
CHF JPY hitting a good zone, waiting to tomorrow to see if it takes the zone as resistance. then will be looking for a sell
EURCHF is looking good for a short, continuous down trend on higher time frames, with price reacting to the downtrend outlined in chart mark up. Additionally price is at a level of resistance, where it is acting positively. Fib shows us that price is additionally reacting to a key level,, again giving us an indication of the market staying bearish . recent wicks...
AUD USD is coming to a well respected resistance zone, where on lower timeframes it has reacted with heavy bottom rejecting candles. additionally the fib shows price at my golden zone, further indicating a bearish move. SL and TP at previous supply and demand levels
EURCHF is looking good for a short, continuous down trend on higher time frames, with price reacting to the downtrened outlined in chart mark up. Additionally price is at a level of resistance, where it is acting positively. Fib shows us that price is additionally reacting to a key level,, again giving us an indication of the market staying bearish . recent wicks...
US30 going to the downside, respecting trend and taking zone as resistance. SL set at previous high, TP at previous low, entered after heavy bottom wick on 15M, Fib retracement also looking good. CAPITALCOM:US30
Same markup and analysis as yesterdays GU. trend line test and taken as rejection, zone taken as rejection, on key fib level and finally heavy bottom candles indicating a bearing market.
GBPUSD is looking good for a short, continuous down trend on higher time frames, with price reacting to the downtrend outlined in chart mark up. Additionally price is at a level of resistance, where it is acting positively. Fib shows us that price is additionally reacting to a key level,, again giving us an indication of the market staying bearish . recent wicks...
EURJPY is looking good for a short, continoius down trend on higher time frames, with price reacting to the downtrened outlined in chart mark up. Additionally price is at a level of resistance, where it is acting positivaly. Fib shows us that price is addtiionally reacting to a key level,, again giving us an indication of the market staying bearish. recent wicks...
CAD JPY coming to 88.509 resistance zone, waiting for a test of this zone then candle confirmation to show heavy bottom wicks, indicating a bearish transition. Supported by the continuous downtrend of the day and weekly charts. Additional confirmation of a fib level. TP at previous zone of 85.0221 SL at previous higher zone of 88.9541.