DAILY: ✅ MAJOR DIVERGENCE ✅ AT SUPPLY (1.185-1.19) 🔴 SWING HIGH (pivot not confirmed) (NO SHORT TRADE YET) 🟠 TREND: UP 4HR: ✅ LOWER HIGH / DOUBLE TOP ✅ SWING: DOWN 🟠 TREND: Indecision, lower highs, but no lower low yet. 1HR: 🤚🏻 Wait for impulsive break and close below 1.818 and sell on pullback
*Missed the entry bar as was the close on Friday'* Daily Analysis Price broke out of a key resistance level and has now completed a pull back to previous resistance and now support ✅ 4HR Analysis Pullback 61.8 ✅ Bullish wedge ✅ Entry on RSI 50 Cross ✅ #1 🎯top of wedge structure #2 🎯Fib extension
Daily ✅ Price made a double top at a weekly supply zone and sold off impulsively ✅ Daily Trend is up, swing is down... 4HR ✅ Trend is down ✅ Price is consolidating and making a bear flag pattern at a daily supply zone... 1HR (Trade Plan) ✅ Wait for break out of bear flag /horizontal support (daily close will confirm reversal of primary trend). ✅ Enter on...
Daily ✅Trend is up, swing is down 4HR ✅Trend is down (daily is retracing) 1HR (Trade Plan) ✅Price has broken out of a channel and is testing a local resistance level ✅Once broken and closed above resistance level, wait for price to come back and test as support, buy at support. 🎯 1 - top of channel structure high 🎯 2 - Fib 0.27 ext.
- Daily candle rejected key level - Daily structure - bear wedge - 4HR Bearish engulfing candle at top of daily range 1HR (Trade Plan): -Wait for break of bull trend line -Enter on Retest of previous support
Daily - Candle made swing high, sellers took control in US session 4HR - Price is moving inside bearish wedge and has completed the pattern with 3 upside touches of structure 1HR H&S pattern forming, right shoulder not yet complete but looks to be lower high and stronger possibility of downside move. Trade Plan: Wait for break of neckline and enter on...
Daily - Price has broken higher above a previous resistance level Confirmed the swing low and continued the trend is UP. 4HR - Price making higher lows inside an ascending triangle, trend is UP. 1HR (Trade Plan) - Price has broken to upside. Wait for pullback to 75.10 area and enter on bullish candle (RSI50 cross).
Daily: RSI Divergence 4HR: Symmetrical triangle 1HR Trade Plan: Wait for impulse move lower and enter on re-test.
Daily: - Bullish engulfing yesterday - New high, possible higher low, possible trend reversal... 4HR: - PA consolidating sideways in a slight rising channel - Price broke trend line and met some local resistance 1HR: Price met some resistance and is beginning to pullback Trade Plan: - Pullback to 1.79784 is 50 fib and nice area of previous resistance - look to...
Daily: - Sold off at demand level - confirmed pivot close 4HR: price is falling from top of rising channel Trade plan - wait for confirmed break of channel and 1.11365 - enter on retest
AUDUSD has been drifting, consolidating sideways for a week or so now, waiting for break to upside or downside but favour a downward break for a trade. Weekly: - Possible evening star forming on weekly, PA is at key resistance level. Daily: - PA has been consolidating and formed a triangle, PA could break up or down 50/50 given how many bars are inside price...
Weekly: Making a lower swing high, close below the red dotted line confirms the pivot. Daily: Price broke the trendline of the pullback on Friday, but not convincingly. 4HR: Price fell impulsively and is pulling back to 50EMA and supply zone. Trading Plan: Look for signs of bearish rejection at the supply zone. Scale-in option if price falls below the...
Weekly: -RSI divergence -Engulfing bar at weekly demand level 4HR: - Inverse H&S / consolidation - Trend Line break Trade Plan: - Wait for break of neckline - Enter on re-test. Targets based on weekly structure
GBPAUD WEEKLY: - Trend - very strong recent corrective (bearish) price action but still yet to break below previous lows so trend is still up - Market Structure - Price has reached a key level (of previous supply) and couldn't break below the bull trend line Daily: - Trend - recent bear trend is weakening, overlapping bars increasing, lots of wicks (no...
EURGBP Weekly: Market Structure - Last weeks bar engulfed the previous and rejected a strong weekly level. Daily: Market structure - Price sold off heavily at the top of a rising channel last week, however last two bars are indecision doji bars now sitting at a strong daily support level (0.90) Trend - Trend is up, however a fall below 0.90 would indicate...
Weekly: Market Structure - Price rejected a channel line resistance, moved sharply lower and found support at 119.423. Last two bars have seen price creep higher, given the range and bodies of these bars are decreasing in size it looks more like a pull back. Price could break back above 121.396 which is a key level based on previous PA. Daily: Market structure...
Daily: Trend - price made higher swing low Market structure - price is has broken through (not closed) above 74.696 4HR: Price making higher swing highs and higher swing lows within a consolidation sideways/triangle pattern 1HR: Price broke above the 74.696 level Entry plan: wait for re-test and rejection of the break out level Target 1: 75.590 Target 2: 76.617
WEEKLY: - Market Structure - Price moving higher within bear channel - Price pulled back and made bullish pivot last week DAILY: - Price found support at 78.360 , made a double bottom and started moving higher. - 79.649 is a key level, if price can clear and close above there is a big target at 81.648 4HR: - Break and re-test 79.649 Target 1 - 80.288 Target 2 - 81.648