Reversal Fake or Beginning, time tells how BIG is heading!Gap open above HNS and closes below HNS level (4hour).
VV
RT: 1.21, RT crossing above RT 1.0 after a down fall RT < 1
CI: 1.84
What is the price action doing in recent 2 candles?
Will the gap support provides enough bounce to continue the moment upward only time tells..
Possiblereversal
USDCHF D1 - Coming into strong resistance. I just got stopped out on the recent Bearish engulfing. There's significant rejection of the 20 SMA but I don't like the look of the opposing wick on the current Bullish candle so I will wait for further action before taking any positions.
BTC USD, careful now.I want to warn you, guys. All eyes on BTC now. It can be a good short. But it can also break the roof. I think correction is needed for that scenario.
BABA swing trade (Short)BABA topped out in Oct. at $109.87 and is now nearing that same level. I will be watching to see if it once again pulls back from that level.
EUR/USD - Possible Long SetupLooking at a Long Setup for EUR/USD.
10:00 (UTC) - Expect to get a stronger validation on the move and also the crossing of 1.07300
I have marked X1 & X2 has red zones in my chart, that is where I get very sketchy about the Long and instead look at a possible Short setup.
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Last Week's EUR/USD Analysis was on point, 100+ pips
EURAUD - Put this on your watchlist RIGHT NOWThis one is all about watching the price action. The RSI isn't really telling us anything useful, but we have an interesting structure forming here. Traditionally, I'd be looking for a break of this resistance, but something tells me that if it breaks, it wouldn't be a violent move down. Instead, I'm looking for a bounce candle so I can ride this trade back up into resistance - maybe with a TP @ 1.44.
$AZO AUTOZONE DOJI WATCH - POSSIBLY A REVERSAL IN THE MAKINGSDoji watch: a doji in the makings after last week's selloff and very oversold readings. A close around these levels here at $753 could yield a bullish reversal doji.
