UnknownUnicorn410332

UnknownUnicorn410332 Updated 

Chart: Daily Market: Bearish Bearish Indicators: 1. 20 EMA (blue line) below 50 EMA (red line) - bear trend 2. Price rejecting 1.4900 price zone 3. High test candle (24th of March) open & close below 20 EMA 4. High test candle (24th March) high at 20 EMA (blue circle) 4. Cluster of high test candles from 24th march - 28th march (blue rectangle) ...

UnknownUnicorn410332 Updated 

Chart: 4HR Time Frame Market: Bullish Market Bullish Indicators 1. Low Test Candle (Daily Chart) 2. Low Test Candle (4 Hour Chart) 3. Daily & 4 Hour low test candle reject 125.500 area (key support zone) evident by blue circles 4. Low test candles (blue rectangle) low below 50 EMA, open & close above 50 EMA 5. Price forming Higher lows 6. Trend line...

UnknownUnicorn410332 Updated 

Chart: Daily Market: Ranging Bullish Indicators 1. Ascending Channel (Price rejects channel support level) 2. Price rejects 0.66500 area 3. Bullish engulfing candle (engulfs 25th March candle) 4. 28th of March Candle low below 50 EMA , open/close above 50 EMA 5. Price forming higher lows & higher highs (evident by blue circles) Risk Management ...

UnknownUnicorn410332

Chart: Daily Time Frame Market: Bearish 1. This is the fourth time daily candles have bounced off 50 EMA (Confirms trend strength/bias) 2. Double top + three inside down candlestick pattern (14th March - 15 March Candles) 3. Price Rejects 1.44450 (key weekly resistance level) Conclusion: Blue dotted support line has rejected price once hit, could cause...

UnknownUnicorn410332

Chart: 1HR Time Frame Market: Bullish Trend 1. High test candlestick evident on daily chart below key 0.7600 area 2. 14th of March Candle open gaps down 3. Price Rejects 0.75200 area (evident by blue circles) 4. 1HR bear candle high above 50 EMA, open and close below 50 EMA