LONG AUD/USD.LONG AUD/USD, ***IF there is a clear rejection around the current area, wich is between the 50% and 61,80% level of the fibonacci taken on the weekly timeframe, it is also on the 0,70500 monthly key level (psychological level) and the market is close to being oversold. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Psychologicalroundnumber
SHORT GBP/AUD.SHORT GBP/AUD, IF*** there is a clear rejection around the current area. The market reached the 38,20% level of the fibonacci taken on the daily timeframe and also reached the 1,78000 key level (psychological level) and seems to be rejecting both of these levels. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
LONG EUR/AUD.LONG EUR/AUD, ***IF there is a clear rejection around the current area, wich is on the 1,61500 key level (psychological level), it is also close to a trendline dated from December 27 2019 and the market is oversold (seen on the RSI). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
LONG GBP/AUD.LONG GBP/AUD, ***IF there is a clear rejection at the current area, wich is on the 61,80% level of the fibonacci, it is on a downtrend channel, on the 1,83000 key level (psychological level) and it is on a trendline. The market broke a downtrend channel and a key level and is now retesting both of these levels. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
GBPNZD ForecastD1 - The price which is moving higher has reached a strong resistance zone where we also have the psychological round number 2 coincides.
Until this strong resistance zone holds my view remains bearish here.
H4 - The price has created two false breaks with bearish convergence.
Expecting further continuation lower after pullbacks.
Dax ForecastD1 - Price is respecting the 13,000 psychological level. False break with bearish divergence.
Expecting corrections to happen now.
H4 - Head and shoulders pattern. Currently, the price has broken below the neckline.
Expecting the price to continue lower further.
EURGBP bearish ideareasons to sell if price breaks below the following grey rectangle:
1- divergence on macd ( macd used from the one on mt4 , recoded on pinescript)
2-head and shoulders pattern
3- trendline break ( the break coincides with the head and shoulders neckline)
4- psychological number 0.9 ( break below it)
5-break of support
as you could see here there are more then 5 clues for a sell opportunity on eurgbp.
trigger would be a momentum candles break below the grey rectangle
for more info on the diamonds used on my chart contact me , would be happy to help , cheers.
EURJPY ForecastD1 - Price has reached a key resistance zone formed by the 61.8% (125.475) fibonacci expansion level of the first wave and the 125 psychological area. Bearish divergence.
H4 - Price is currently moving inside a wedge pattern. Bearish divergence.
Expecting further continuation lower after a valid breakout below this wedge pattern.
SHORT USD/JPY.SHORT USD/JPY, ***IF there is a clear rejection around the current level, wich is between the 50% and 61,80% level of the fibonacci and it is also on the 106,000 monthly key level (psychological level). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT GBP/NZD.SHORT GBP/NZD, ***IF there is a clear rejection around the current level, wich is on a key level. The market reached the 1,98000 key level (psychological level), wich should act as resistance, the market is also overbought (can be seen on the RSI) and the market is creating a divergence (pink line on the chart and on the RSI). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT EUR/USD.SHORT EUR/USD, IF*** there is a clear rejection around the current level, wich is on a weekly key level. The market reached the 1,17500 weekly key level (psychological level), wich should act as resistance and we can also see on the RSI that the market is overbought. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
LONG USD/JPY.LONG USD/JPY, IF*** there is a clear rejection around the current level, wich is on a monthly key level and on the 106,000 daily key level (psychological level). The market reached a monthly key level, wich should act as resistance and seems to be rejecting it. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT EUR/JPY. SHORT EUR/JPY, IF*** there is a clear rejection around the 61,80% level of the fibonacci, wich is on a key level in H4. The market reached the 124,000 monthly key level (psychological level) and is now rejecting it. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT GBP/USD.SHORT GBP/USD, IF*** there is a clear rejection at the current level, wich is on the 1,28000 weekly key level (psychological level). The market reached a weekly key level, wich should act as resistance and the RSI is indicating that the market is close to being overbought. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
EURGBP ForecastD1 - The price tested and false broke the 0.91 psychological zone. Bearish divergence.
We also have the 61.8% (0.90920) fibonacci expansion level of the first wave coinciding in the same zone, which makes this area a key resistance zone for us. The price is currently holding below this key resistance zone.
H1 - Bearish trend pattern.
Expecting further continuation lower after pullbacks.
LONG EUR/GBP.LONG EUR/GBP, IF*** there is a clear rejection around the 38,20% and 50% level of the fibonacci, wich is on the 0,90000 monthly key level (psychological level). The market broke a monthly key level, wich should now act as resistance. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SiFi4X Trade Setup While I am still bearish on the USDJPY I can see a short-term scenario where this pops up to test 108.00 again. Buy stop coming out of the 107.00 SiFi4X Zone will be there just in case. Losing this 107.00 zone though is a long road down with the first stop at 106.00 (the next psychological zone). It hasn’t been there in a little over a month.
This is a set it and forget it setup. Right now it is settling in the zone and will test one side or the other. Buy and Sell stops set to explode away from this level.
My MT4 EA will manage the trade and move my stops to break even and lock in profits at various levels. I don’t see it staying in this box long once it begins to move.
SiFi4X Zone Setup - set it & forget itPair: EUR/USD
Period: 4H
Classic setup on the euro with as we move away from the 1.1300 psychological level to the bottom of the SiFi zone at 1.275. Confirmation with break trend line.
Short entry at 1.1275
Stop at 1.1315
Take profit at 1.1200
Move stop to break even at 1.1250