If we break that yellow box and retest 1h we go up, however we may have a third drive to that BUY ZONE ( if we see a lot of wick rejection 1h, 4h we may go upside), because we have 2 drive (Daily rejection from that pink zone) we can go potentially UP, and to be honest if we see Weekly daily close we didn't manage to close below that monthly supp (pink zone).
Potential sell zone 111.000 sell only if doesn't break that 111.000 Target 109.900
Once again I want to apologise, for the previous post. Honestly it's been a f**ked up week, reason for that a lot of fundamentals news especially from GBP ( Brexit which affected EUR also) EurJpy was for sell, but brexit news sent EUR higher than it should, We had dollar news (very very good) but the market didn't respond, very confusing. My fav quote about...
A lot of spinning tops, dojis, hanging man 1h 125.800 Weekly Bearish engulfin, Daily FIB Retracement Sell zone 125.80. TP 1st: 124.85 Final Tp: 124.00
A gift from me guys, EUR/JPY with a lot potential of going down, Daily Evening Star Confirmation, rejection of 125.500 (shooting star), 140 pip move Every rejection 125.150 is a good entry. Be careful about 124.892 zone and 124.554 and the most important zone or monthly supp 124.000 Almost forgot trendline retest and rejection. 4H Watch out zones.
We have a bullish engulfing at 1.28000, from my perspective we have a trend reversal, because we didn't manage to break 1.2800 (crucial level for sterling), I very bullish for sterling until the week of brexit. The buy zone is 1.28500 (Tuesday due to the news of GBP), retest trendline 1.28900 before breaking 1.30000 So my advice is to buy sterling low and sell it...
Guys, I think we will retest my trendline or 1.29300 before going down, Today we closed as inside bar at major support for me at 1.2850. If we manage to close daily 1.29400 then we have a trend reversal (bullish). What I'm looking in this trade is a retest of my trendline and rejection before making another entry, or another entry if we break 1.2850 (a full body...
If we look at Monthly and Weekly timeframe we have a lot of rejection from 1.6200 (a big shooting star Weekly). If we look daily we have 4 rejections from 1.60000 and 3 dojis and 1 spining top (clearly this means that Eur/Aud will drop) What I'm looking in this trade is a retest of 1.5900 zone before going down, it's a good trade where the risk reward is...
First of all, my direction bias for EUR/NZD are bullish. We did good last week , and I hope we can close 1.6796 On 5Dec 2018, we found support at 1.63500, after that we managed to break 1.6700 and we spiked up to 1.7050 Weekly Res, but we didn't maintain that , and we fell again below 1.6700. After that we found supp at 1.65305 , and that hit my prefered fib...
My directional bias for GBP/USD is bearish. - I think we will retest 1.3000 key level, then we will go at 1.28500 to retest the trend-line at 1.29000 then we will go at 1.2700 Monthly Support. Also the fundamental release for GBP are not so good.
I would say that USD/CAD is very bearish. Alot of wick rejection of 1.33115, a very delicate zone 1.32963, yesterday we closed as a hanging man in very delicate zone(for me) a zone where if we go back in history, we can see in that zone alot of rejections for downside. Also if we look at the monthly timeframe, we can see that the trend is bearish, we closed as a...