danieldow

danieldow Updated  Sep 8, 2017

Bearish engulfing candle at daily resistance zone. Confluences = 61.8 retracement, daily downtrend and test of 21 period ema, third touch of trendline.

danieldow Updated  Aug 31, 2017

Bullish engulfing candle on the H1 chart at a daily support zone. Break and close above counter trendline. Price has been in strong bullish uptrend and also tested a 50% retracement area.

danieldow Updated  Aug 29, 2017

Strong bullish engulfing candle at daily support zone. Double bottom on daily with a bullish rejection candle.

danieldow Updated  Aug 29, 2017

Bearish rejection candle at H4 resistance zone. Third test of trendline and Daily 8 and 21 period emas acting as dynamic resistance.

danieldow Updated  Aug 23, 2017

Price is testing daily resistance zone again and formed a bearish engulfing candle. On the daily price is also in-between the 8 and 21 period emas acting as dynamic resistance.

danieldow Updated  Aug 18, 2017

Bearish railroad formation and inside bar at H4 resistance zone. Also bouncing off the daily 21 ema and in line with downtrend momentum.

danieldow Updated  Aug 18, 2017

Bullish engulfing candle and double bottom at daily support zone. Also the third touch of daily trendline. Break and close above H1 counter trendline.

danieldow Updated  Aug 18, 2017

Bearish engulfing candle at daily resistance zone and H4 support turned resistance. 50% retracement level and price is testing 21 and 8 period emas on daily. Strong bearsh momentum on daily as well.

danieldow Updated  Aug 15, 2017

Pinbar then railroad formation at daily resistance zone. Third touch of trend line and 61.8 retracement.

danieldow Updated  Aug 9, 2017

Bullish pinbar at daily support zone. Daily time frame has been in a strong uptrend.

danieldow Updated  Aug 8, 2017

Price retested daily support zone and formed a bullish pinbar. Daily is in an uptrend and price is in between daily moving averages acting as dynamic support.

danieldow Updated  Aug 7, 2017

Bearish pinbar/engulfing bar combo at daily resistance zone. Price broke the zone and the H4 trendline and retested it with this nice candlestick formation.

danieldow Updated  Aug 2, 2017

Bearish railroad/engulfing candle formation at H4 resistance zone. There have been many recent tests of this zone where the price has fallen however this pair is in a strong uptrend on the daily chart so this is a counter-trend trade.

danieldow Updated  Aug 2, 2017

Bullish engulfing candle at daily support zone. Candle also formed off 61.8 retracement to continue its upward movement. Trend is bullish on the daily timeframe. Buy limit placed a 50% candle retracement.

danieldow Updated  Aug 2, 2017

Bullish pinbar rejection candle formed at daily support zone. Price broke above the high of that candle which adds more confirmation to the signal. Target is nearest daily resistance zone to the upside.

danieldow Updated  Jul 31, 2017

Bulllish pinbar rejection candle at previous H4 resistance turned support. It is also in line with daily uptrend and a break above a daily resistance.

danieldow Updated  Jul 5, 2017

Signal is the bullish pinbar that formed on the daily chart at a support zone which is also in line with the 8 period ema that has been acting as dynamic support on the daily timeframe. Added confluences are double bottom on 4 hour chart, 61.8 retracement, and break and close of trendline. There is a lot of economic data in the next few days so we will see what happens.

danieldow Updated  Jun 27, 2017

A bearish engulfing rejection candle formed at a daily resistance zone. That is my main price action signal. Added confluence - Price is also in between 50 and 61.8 retracement area. There is also convergence divergence present on the stochastic oscillator. One thing to consider is that price has been trending upward on the daily so that doesn't align with this...