Stackin_Guap
Price has retraced to break the swing high but I believe this was an overextension. Currently at golden fib zone and there is a bearish rejection candle on the hourly timeframe. Anticipating the higher timeframe trend to hold and price to make new lows. High RR swing potential. There is Red Folder ADP news for the dollar later today, I believe this will be the...
The dollar has seen strength recently and has since retraced but for now I believe its rally will continue. Price has retraced to the 50 fib level on the 4hr timeframe and has shown bullish pressure on the lower timeframes.
Price has been consolidating around a daily 618 fib area, and had failed to break it to the downside. 4hr timeframe has been bullish but there was a massive pullback to 1.34000 psychological level. Anticipating price to reject this level and move higher to continue this ascending channel on the 1hr tf.
Price has retraced after hitting a resistance, but with dollar strength I anticipate another bullish stretch based n higher time frame analysis. Price rejected a higher tf 764 fib to move upwards earlier this week and has now formed a double bottom on the 1hr tf to create a support allowing a retest of1.26500. We are also respecting 1.26000 psychological level....
Hourly closed bearish for 4 consecutive hours rejecting the 764 higher tf fib level. Had a selloff here previously, looking for the same move again.
Price has formed a double bottom formation at 113.485 on the 4hr timeframe, and has also formed a W formation with recent price action on the 4hr tf. The dollar has been gaining strength but UJ has not moved up due to YEN strength. I believe it is oversold and ready to make a move upwards to retest highs at 114.600. Price printed a bullish engulfing on the 4hr...
Price is oversold after a big move up last week and has rejected 764 fib level on higher tf. Sellers at double top have been liquidated my this mornings push and now price should move down. Bearish 2hr close. Once price breaks 1838 it should come down to take buyer liquidity at 1830.
Price was consolidating on the daily tf last week at the 768 daily fib zone. Last weeks final daily candle broke support and closed bullish engulfing which signifies bullish sentiment. Price stagnated and we had a bearish 4hr close on the 4hr tf during asian session monday morning. The next candle pushed down to create a bottom wick and closed bullish just as pre...
Price had a massive rejection to downside after 4hr candle closed above resistance rejecting the 618 fib level. USD unemployment news was bad for the dollar. Anticipating a push into 1.36700.
Price broke a consolidation to the downside but failed to continue pushing. Anticipating break back into the range and a push up to 1847 to complete a higher timeframe move. Lower risk used as there are fewer confluences. 30 min closed bullish.
Price rejecting 1.35720, previous support and strong buy zone. Positive CPI news for GBP. Expecting a retracement to 1.36500 and potentially 1.36700. Buys taken in golden zone.
Price has been in an ascending channel on the 4hr tf after rejecting a strong support. Trendline had been respected many times and pushed to make higher highs and lows. Currently rejecting recent 764 fib zone and price broke resistance on the 3hr time frame. DXY also rejecting from 95.770 which means AUD may gain strength here as the dollar retraces. Extended...
Price broke structure to DownsIde last week, breaking support at 156.000. It has now retraced and made a lower high. At 50 percent fib retracement. Price broke the previous daily high and then closed back below on the 30 min tf signifying bearish pressure. I suspect this was a liquidity grab. Anticipating a drop to retest 156.000. Also the daily candle has no wick...
PRICE rejected daily 764 fib yesterday and broke resistance to upside. Today price retraced and found support at 1.24800 significant zone. USD CAD heavily oversold, anticipating positive US news today. DXY is also at key support zone and broke descending trendline on 2hr tf indicating bullish pressure mounting.
Price broke out of strong resistance yesterday and buys were taken. Price has since retraced to retest this level at 1.26535. Bullish divergence on 4hr time frame. Double bottom on 15 min signifying bullish momentum. Sale in opportunity validated.
price dropped to previous buy zone, retracement expected. bullish divergence on hourly, strong bull candle showing momentum shift.
Gold in ascending channel. Retracement to 768 fib level. Support zone on left. Buys taken anticipating a bullish move during london to retest 1830.
Previous weekly candle closed bullish out of a consolidation range. This weeks broke the lows of previous but did not continue dropping as it retested that weekly consolidation range. Head and shoulders on hourly, Anticipating a bullish move up into 1.13500 with potential to swing further.