Price is making higher highs and lows breaking out of structure tot he upside pulling back and re testing previous resistance acting as support putting high wick rejections to the downside as well as moving average cross. and above our moving averages.
Price is in a clear uptrend making higher highs and lows pulled back to structure support and put in a nice pin bar rejection and a bullish momentum candle!
Price is at this level of resistance from the past heavy rejection double top pattern. waiting for confirmation / Bearish price action
usdjpy has broken out of an uptrend and rejected a daily fib level as well as the coronavirus affecting the economy.
Price is reaching a weekly supply zone after impulsing to the upside making a newer lower low in our downtrend breaking that previous level, expecting higher high to be formed here wait for price action to signal for bearish momentum before entering the trade going to be holding OANDA:USDCAD for awhile if it completes
Another view of my previous post but on the daily chart we can see a clear break of our daily uptrend line as well as rejecting off of previous weekly Confluence/Supply zone Triple Top.
Price has created a triple top rejection from previous weekly Support / Confluence zone acting as Resistance Price has also broken and closed below our daily uptrend line as well as previous structure support creating currently a consolidation pattern/ Bearish flag expecting a move up to resistance before falling lower. confluence for this trade is also the...
Another view of the Short Im going to be placing on a small amount with a micro lot size around 0.05 Ill keep it updated
Be ready for this move to the downside after faking out of our weekly downtrend line and completing that pullback to the 61.8 fib level with bearish price action and rejection.
Price has pulled back to previous wick resistance and has pulled back to 61.8 fib level and put in candlestick rejection patterns, and loss of momentum and bearish momentum.
Price has broken structure to the downside and has pulled back to previous wicks from the past and also has made a double top at this level expecting a push to the downside.
Price is forming a bullish flag continuation pattern and has broken out of previous highs and pulled back creating a Doji candle at our moving averages an also a bullish engulfing candle on lower time frames.
We are in a clear downtrend making a pullback and nice clear rejection with bearish momentum should expect a nice move to the downside
As you can see price is Currently in a 50 pip range/ Rectangle pattern sitting at resistance with that doji candle close on the hourly, as well as that pullback and rejection of our EMA, expecting a drop from this level.
Expecting a push to the upside after touching support and completing a double bottom,