Retest of the Trend Line and Support Zone
Lot of Bullish momentum could break a few resistance zones
Go short if it goes to retest the trendline.
> The price has tested this area a few times recently and has struggled to break through this area. > Bearish Divergence on 4hr. > Retest of the previously broken trend line. > The price has respected the 0.618 level and we predict to see a reversal from there.
> Average pips movement Confluence > DXY Con > Double Top Con > Daily Trendline Con > Weekly Trendline Con > Weekly Fib level 0.786 > Waiting for a Bearish Divergence on 4 hourly > Currency Strength Index
> Trendline Con > Fib Con > DXY Con > Wait for Market to move to look for entries
> 4hr Fib Level 0.618 Con > 200 EMA Con > DXY Con > Price has moved above the average pips so possible reversal (358) > Third Bounce off the daily Trend-line > Awaiting on confirmation of entry before entering the trade
> Price at strong S&R area > 0.618 FIB area > Would wait for a conf of W and M before entering
> Break and retest of 0.5 level on weekly fib to the downside > Break and retest of the daily trendline > Break of 4hr trendline > Currency strength con > Triple top con > RSI 4hr Bearish Divergence > Rejection wick / adoje > Weekly Head and Shoulder pattern
> Break of the hourly trendline could make the price go higher > Price could retest the trendline to make a daily/4hrly W and then start to rise
> Retest of previous high on the daily > Average pips conf > S&R conf > 4hr Fib conf > 4hr Trendline conf > Currency strength conf
> Continuation of the downtrend from the last analysis of EURUSD. > Break and retest of the Fib level
> The price has come back from the 0.5 fib level and expect it to go back up to 0. The price has already broken and retested the 0.236 level so we expect it to rise up. > Waiting for extra confirmation on breaking the resistance zone on the 4hr chart and retesting it to go for a safe long position. > News on Monday, Tuesday and Friday for GBP and a busy week for...
> Bounce off the 0.5 Fib area so we aim for a level below for a safer TP. > Head and both Shoulders have formed which we look to sell the from the neck line. > Resistance confirmation
> Average pips the market has moved the opposite direction confirmation. > Bearish divergence on 4hr > Trend line Bounce > Still need to look for a reversal pattern to take this trade