Super clean and super simple analysis. Each bull drive on daily is LOOSING STEAM, bulls are having a VERY HARD TIME. 3 Drive pattern just completed, looking for a sluggish 4hr/1hr pullback into 69.00 daily zone to sell this hard
For those of you better at analysing and trading sell opportunities try flipping your chart (alt+i pro users and above only) to turn the buy setup into a sell setup, than when your analysis is done flip the chart back and take the LONG SETUP! I flipped NZDUSD and turned a buy setup into a short which my eye can easlily grasp and analyse. 4hr and 1hr chart look...
Daily is enticing people to sell due to LH and LL sequences, but dont be fooled by it as this could just be a TRAP. Weekly chart is throwing downside wicks into key area of 64.00. Daily close with an engulfing candle and Friday left a daily wick to the downside interesting me into going LONG. Folks trying to sell off of 4hr trendline are struggling as price is now...
Daily chart tells it all..... 3rd drive just created on the daily and this is a common sign of a possible reversal. Looking to sell this on the 4hr/1hr chart once a pullback into my daily zone of 0.6100 is achieved. Weekly chart is throwing big wicks up into the highs. Looking to take out all daily lows and reach my TP of 0.5800 Pullback on 4hr MUST be...
The chart says it all. Anticipating another leg down into weekly key area of 1.2050, assuming daily chart spikes in 1.2400-1.2500 area and fails. Will look for entry from 4HR/1HR chart. Good luck
Possible short on USDCAD at 1.2435. Very strong resistance along with 61.8 fib confluence in this zone. Very good risk to reward and good setup overall
Lots of bearish momentum, GBPUSD needs a pullback before going higher. Sell at 1.3600 looks good to me as it is also very strong resistance
Very good short opportunity on GBPUSD at 1.3450 even level. This level lines up perfectly with an AB=CD move, a 1.272 extention of a possible ABCD pattern, very strong resistance and and 50% fib. Monthly and weekly trend is bearish so the bullish trend on the daily could simply be a retracement on the monthly and weekly.
AUDUSD has shown weak bullish signs this month and I see this pair going bearish for the next few weeks before resuming its uptrend. Keeps getting rejected at the 61.8 fib level and daily candle closed in a pinbar. Price has also rejected 200 EMA on weekly chart which shows further bearishness
Possible gartley pattern on GBPUSD at 1.2900 even level. This pair is pretty bearish and this level is strong resistance also which makes for a good sell setup
GBPUSD has slowed down from a steep uptrend to a consolidation, and it looks as though it might break 1.3200, retest previous support and resume higher. There is also RSI digvergence which further backs the point that it could retrace lower. Just an idea to put out there
Possible bullish gartley on AUDUSD at 0.7919. Looks like a decent setup
Decent buy on USDJPY at 112.00 even level. Strong 4 hour and daily support, plus an AB=CD move lines up perfectly at this price, along with a 1.618 extension of AB.
Possible bullish gartley and cypher confluence on EURUSD. Both complete at 1.1350 even level which lines up perfectly with the 38.2 fib level. Strong weekly support, seems like a decent buy
Possible buy setup on EURUSD at 1.1420. 61.8 plus 38.2 fib confluence at previous resistance that is now support
USDJPY decent sell at 112.08. AB=CD lines up with a 1.272 fib extension along with a 61.8 retracement of our recent swing high to swing low. Very strong daily and 4 hour resistance plus 112.00 even level. Great setup.
Will history repeat itself again? 6 consecutive bullish candles and failed to close above 200 EMA. RSI divergence, seems like a decent setup.
Potential bullish gartley on NZDUSD at 0.7210. Decent area of support plus 0.7200 even level.