imfooh

imfooh

Looking towards the left side on the daily timeframe we can see that price has bounced off of a major level of resistance. Zooming into the smaller timeframe on the right side (hour) we can see that price has started to slow down/forming bullish divergence. Could possibly be a nice catch towards the upside.

imfooh

Is it possible that we see some potential bullish movement in the up coming week?

imfooh

Will be looking at the lower timeframe for a reversal entry.

imfooh

Reasons to consider going short on EUR/USD - 1HR 1.) Price is coming to a major level of resistance as i've pointed them out with my yellow arrows. 2.) Strong rejection (wick) as price tried making new highs only to be pushed back down. Overall trend has been bearish the past weekend and as price is breaking these level I think it's only a matter of time we...

imfooh

Reasons to consider going long on AUD/USD - 4H 1.) Bullish hidden divergence 2.) Price coming back down to a major level of support. 3.) Overall trend is long for the past three weeks. Will be looking on lower timeframe for reversal entries.

imfooh

Reasons to consider going short on USD/CAD - 4H 1.) Bearish hidden divergence 2.) Price coming back up to a major level of resistance. 3.) Overall trend is bearish for the past three weeks. Will be looking for reversal patterns on the lower timeframe for entries.

imfooh

Reasons to consider going long on EUR/USD - 4H 1.) Looking at where I marked my yellow arrows we can clearly see that price is falling back down to a major level of support as this level has been tested multiple times. 2.) Looking at our RSI indicator we can see that price has formed a Hidden bullish divergence (Trend Continuation) Overall for the past three...

imfooh

Will be looking for short opportunities on lower timeframes.

imfooh

Bullish divergence.

imfooh

1. Divergence 2. Previous high time friend resistance 3. Down trend on higher time frame

imfooh

Head and shoulders formation going along with the downtrend. Shorting at neckline level

imfooh

Read Chart

imfooh

-Head and Shoulders formation -Engulfing candle at previous resistance level -Market consolidation

imfooh

-Inverted head and shoulders pattern formation -Bullish divergence -Engulfing candle price action

imfooh

Head and shoulder formation

imfooh

Looks like we're in for a correction on the pound dollar. 38.2 flag pattern retrace to a major structure of resistance(daily) of previous month with a bearing engulfing. A lot confluence here. Looking to go short.

imfooh

Looking for a break out towards the upside

imfooh

Bullish trend