Price broke and retested decending trend line. Daily EMA crossover to upside. Also a Fibonacci from low to high. Price can now move into new Highs.
Long up into the volume block. Price stuck in consolidation. Looking for a breakout to the upside. 1 / 4+ RR
Trendline Bounce into new highs. Good RR lets see if we can make a profit.
Price is rejecting the daily resistance and is also repecting the 78.6% extension on the bearish fibonacci pattern. The overall target for this downside would be the psycholocial level of 129.000.
Price has rejected this level of 4 hour resistance 12 times... As you can see this level is holding very strong this is proven by the last 4 hour candle wick which reached a high of 0.7234 and the reverse all the way back down to close below the key level. I think this will be the start of a reversal taking out previous lows.
Multiple drives into the weekly key level. Price doesn't look to be holding this level and profits are been taken from the upwards move. Looking at a price relief starting here as price is throwing wicks to the upside.
Price has bounced multiple times off of the daily key level. I think we can reverse from here to create a new low.
Price rejecting support. Top down analysis suggesting that price can head higher. Multiple confluences at current price so I see price moving towards the 1.9000 psychological level in the coming days.
Continuation to the downside, price has bounced off 129.00 resistance. Higher timeframes suggest more downside.
Looking for some short term Bullishness in the Dollar, before a potential reversal...
Looking at a pull back on this pair inline with GBPUSD, Looks good lets see how it goes...
Potential trade setup I am looking for. Good risk to reward.
Looking for a pull back. Lots of money has been taken out of the market after the huge run that we have just seen. We are also at the weekly resistance so I think a small pullback is due to come.
Solid retest. Can we see a rejection and continuation to the daily resistance level?
Not the best of entries. However, Moving Average looks good, volume stepping in and daily resistance is holding strong. Lets see...