EURJPY POSSIBLE MONTHLY STRUCTURE OHLCPlease support this idea with LIKE if you find it useful...
EURJPY
Price has been very bullish since the open of this current month.
Price is extremely overbought and a pullback is bound to happen anytime soon if Priceline crosses below bloodline in a daily timeframe.
Looking at the 4Hour chart we can see a possible OHLC structure forming with Priceline ready crossing below the bloodline indicating bears are gaining control.
Remember it’s still the first week of this trading month and we have NFP a few days away..
FX:EURJPY trade with caution.. possible structure in Hour timeframe OHLC .. look for sells after the close of current candle .
Overall yearly structure is OLHC.. price is currently within the open hence we experiencing this monthly possible reversal structure .. Patience
Ohlc
USDZAR Waiting on Monthly Structure (Yearly Bearish Sentiment)Please support this idea with LIKE if you find it useful...
USDZAR
MONTHLY FX:USDZAR
Huge Bearish divergence in the monthly time frame. Previous month closed as a sell signal hence we expecting huge sells this month.. Our initial 1st Target has been hit with patience we moving on to the next target 16.33390.
Price line in monthly has crossed below volatility bands indicating a change in trend and we expecting a further cross of the Priceline and blood which will confirm strong Bearish presence in markets. If this cross happens long term Target will be Priceline touching Liquid 50 and also price coming back to the open of the year .
WEEKLY
Priceline is currently crossing below liquid 50. A perfect indication that sells are coming into markets . Patience it’s still too early. We are still within the first week of the month which is term as the open.
DAILY
Current daily Candle looks like a sell signal. Also Priceline appears it wants to cross back below bloodline. Waiting on Daily Close.
For perfect sells kindly wait for OHLC in H4 . Also remember it’s the first week of the month of June .. trade with caution ..
* Waiting to determine Monthly Structure
* Yearly Structure is still OHLC (Sells)
PATIENCE
XAUUSD Possible OHLC Structure in Monthly.Please support this idea with LIKE if you find it useful...
XAUUSD
Possible Monthly Structure
Price is currently OHLC on XAUUSD OANDA:XAUUSD this month. Bearish sentiment in markets currently though Monthly still has Bills dominating.
Patiently waiting for Monthly close to determine yearly structure which is also a Possible OHLC (Sells) Long term.
In a daily perspective Take Profit will be 1703.81 if we continue to experience more bearish sentiments.
Look for pull backs in lower time frames for entries.
Remember it’s the last week of the trading month , hence manipulations and pullbacks.
Protect your capital.
Yearly Structure is OHLC am expecting sells. We still have Bulls dominating... Patience
USDCAD (OHLC) Bearish SentimentsMONTHLY
Divergence on Both candles and TDI priceline in a month. Market structure since beginning of the year has so far been OHLC (Open High) meaning price is looking for a good resistance and once we spot one it will be ideal to Short price . Priceline is still above volatility bands meaning buyers are still dominating hence “resistance hasn’t been found”. How would we know if sellers are in ? When Priceline goes below Volatility bands and bloodline.
WEEKLY
Using Fibs in a weekly view from 5th November 07 to the high of 16 March 2020 you will be able to see price rejecting below 1.46877 and also TDI Priceline facing down and almost crossing below volatility bands and bloodline. Overall structure since January 2020 OHLC.. we waiting for Priceline to cross below volatility bands and bloodline only then will I look for sells . My first potential target will be last months Open 2nd March .. and on TDI try aiming for the liquid 50 line .Weekly Inside bar ranging between 1.45601 and 1.39215. Buyers are still in market . Patience ,wait for Priceline to cross below volatility bands and bloodline and also for price to close below 1.39215.
DAILY
Price appears to be in a consolidation since the 30th of March till 3 April 2020. Waiting on a breakout ..
Overall structure still remains OHLC.. patiently wait for sells . FX:USDCAD