Yearn-Forex

Yearn-Forex

Price action on the daily timeframe has formed a double top with a bearish pinbar at resistance. I'll be looking for more confluence before selling this pair.

Yearn-Forex

Yesterdays head and shoulders opportunity on the 1 hour timeframe was voided. However, because the daily candle has closed as a bearish pinbar rejecting resistance, i'll still be looking for a sell opportunity in the coming week.

Yearn-Forex

I'm waiting for the right shoulder to complete before a head and shoulders is confirmed on the hourly timeframe. If the head and shoulders completes, i'll be looking for a break and retest of the neckline before considering a short position.

Yearn-Forex

My overall bias on this pair has been bearish for a while. Previous levels of support have been respected as resistance recently in this downtrend. Yesterdays daily candle closed as a bearish pinbar indicating that the buyers are struggling to move the price higher. I'm placed a sell limit order in anticiation of one last bullish move before a bearish move to the...

Yearn-Forex

With every test of this support zone, there is a loss in buying momentum. If the market continues to consolidate at support, i'll expect a break of the support zone and continued downside.

Yearn-Forex

The market has been consolidating within this range since February. The daily candle has closed rejecting the resistance of this range with a sharp bearish rejection. I'm anticipating a bearish move until the lows of the range.

Yearn-Forex

I'm waiting for a break of the neckline before looking for a sell signal.

Yearn-Forex

As I mentioned in the previous post. My confluence to go short is this double top formation which completed yesterday when the daily candle closed as a bearish pinbar. I'll be looking to sell the retest of the head and shoulders neckline on the 1 hour timeframe.

Yearn-Forex

Yesterdays daily candle closed as a bearish pinbar and formed a double top. I'm looking to enter short on the 1 hour timeframe if the market retests resistance of the head and shoulders neckline.

Yearn-Forex

The 64.00 zone has been tested and respected multiple times in the past. I'll be anticipating another rejection off 64.00 and look for a sell.

Yearn-Forex

Targets were reached on the last trade I posted and now i'm expecting this downtrend to continue. Fridays candle has closed very bearish. I'll be looking for a break of support on the 4 hour timeframe before confirming a sell.

Yearn-Forex

Fridays candle has closed as a bearish engulfing candle at a previous support level. The market may have found resistance at this level, which is also the 50% retracement, and this could be the beginning of a bearish move.

Yearn-Forex

With every test of this daily support zone, the market is losing bullish momentum. If the market continues to consolidate at support that would provide strong confluence for a sell. However, take note that the last time this support zone was broken there was a strong bullish rejection.

Yearn-Forex

I'm expecting continued downside because the daily candle has closed as a bearish pinbar rejecting previous structure. Price action has also formed a clear head and shoulders pattern. My target is 1.27. I'll be looking at the 4 hour and 1 hour to confirm an entry.

Yearn-Forex

The market has broken through previous support and is rejecting it as resistance. I believe there will be short term downside atleast until 1.56000. The best opportunity to sell will be if the market pulls back to 1.57600.

Yearn-Forex

With every test of this support zone (also the 0.618 retracement), the market kept losing buying momentum. Now the daily candle has closed as a bearish engulfing candle. I'll be looking to confirm a sell on the 4 hour or 1 hour.

Yearn-Forex

A head and shoulders pattern has completed on EURCHF H4. I'll be looking for confirmation to enter if support is broken.

Yearn-Forex

Bearish head & shoulders may complete if the market pulls back to support. I'll be looking for a break of support to validate the pattern before looking for a signal to short.