As predicted today price rose, and now rejected the area let's hope it continues down HIGHERTIMEFRAME BIAS PRICE ACTION GENERAL TREND SUPPORT AND RESISTANCE
Large level of liquidity at the blue area Expecting price to retrace to this area of the large red candle, then continue down. Higher tf bias
EURJPY Very strong bullish momentum Strong weekly green candle Daily chart we have a large bullish pin bar rejecting the downside 4h Bullish Engulfing (Also at a major area of resistance so will wait for real confirmation for a breakout) Definitely a pair I'll be watching. Comment below
Higher Timeframe Bias 4h Price respecting trendline and at a level of support with a bullish engulf pattern
CADJPY long bias for next week Respecting the TL ascending channel on the 1d higher timeframe -Higher Timeframe Bias- Rejection- Bullish Engulf on 1h I will most likely enter this trade RR 1:2 comment below :)
Should be a clean trade. Technically and fundamentally this trade lines up perfectly, with UK just announcing quarantine re-imposed for all travellers from Spain, this is negative for the Pound. Also GBPAUD has been respecting the support/resistance levels along with the current trend-line. Comment below and don't forget to like :)
Higher Timeframe Bias Price respecting the trendline Price broke down from the trendline, retested Now has retested/rejected the EMA
Higher Timeframe Bias Price is long term in a descending channel although respecting the countertrendline for some up-movement. I would like to see price bypass this current level of structure, and move up to the 2nd green box. Comment your suggestions or analysis below :)
Higher Timeframed Bias Ascending Channel but a Counter Trendline to the Downside CAD strong Please like or comment
HIGHER TIMEFRAME BIAS 4H. LARGE REJECTION BEAR PIN BAR ON THE DAILY. 1H I am awaiting confirmation as a rejection of the fib level. High reward low risk trade. What do you think? Leave suggestions below! X
EURUSD BUY IDEA TODAY. HIGHER TIMEFRAME BIAS, 1 D, 4 H, 1H. PRICE VERY BULLISH PRICE has broken the resistance level and we have two clean rejection candles/bullish pin bars on the 1h. Target 1.15600 Comment or like if you agree and have a great week everybody!
GBPJPY SHORT IDEA THIS WEEK.... 1D Higher Timeframe Bias Bearish Rejection 4h Bearish Price in Long Term Ascending Uptrend Channel however respecting the downward CTL. I think we will see price fall to the bottom trendline.
USDCHF IDEA: SHORT... Higher timeframe bias is much more significant and reliable. As price is currently sitting at a major resistance area, it looks very bearish. We have a bearish engulf as we approach the resistance. I would expect price to breakthrough next week and continue to the lower resistance. I will wait for a breakout and a retest before...
Clearly AUDNZD is in an extended uptrend long-term, in an ascending channel however I am looking to short this pair due to it respecting the downward CTL (Counter-Trendline) However I will wait to see if this pair moves away or rejects the 61.8 fib level before shorting. If price moves above and breaks the CTL I will wait for a retest, and continue in the...
Confluences: Upwards Counter Trendline (Respected) We will see how the market reopens. If it breaks below the current CTL we will short it back to the descending channel trendline.