Chad_Sniper

Chad_Sniper

We saw a bullish impulse last Friday as per NEWS. Price bumped the resistance zone. Price could make a dip at the support zone before going LONG.

Chad_Sniper Updated 

Price is sitting at discount zone (Buy Low) Price is sitting at discount zone (Buy Low) Price is sitting at discount zone (Buy Low)

Chad_Sniper

Yesterdays NEWS was really strong that it could drive price lower to the 1.049 support zone

Chad_Sniper

Monday was a bullish breakout and went sideways after that. Earlier today, price bounced off the discount area for buy. Price could possibly break the resistance zone 136.163 to go more LONG.

Chad_Sniper Updated 

3/1, Wednesday - Bullish breakout 3/2, Thursday - Bearish Retracement 3/3, Friday - Bullish impulse with retracement at 1.05960 dominant bullish candle BULLISH BULLISH BULLISH! this pair should go long for at least 2 days, till the news

Chad_Sniper

Overall trend is BULLISH. Price made a High approximately around 136.766. Price made a HH approximately around 137.066. Price retraces last Friday. MONDAY - Price could make a little dip at the discount area for BUY (also a demand zone) to continue the Bullish rally. *135.589 - is a hidden demand zone at M5.

Chad_Sniper

Price is following a bearish minor trend. Price formed a divergence twice at the two lows. Price respected the support level making a triple bottom (strong level). Because of the bullish bias, we are anticipating the price will hit the premium area for SELL or it might just break the resistance level of the channel, depending on NEWS tuesday.

Chad_Sniper Updated 

Could be massive pump after being in the oversold area for too long.

Chad_Sniper

Price is showing Higher High and Higher Low. Assuming the price will hit the previous High or make another Higher High.

Chad_Sniper

On the 15M tf, we can see price forming higher high and higher low (the low being at the discount area for buy - black zone). I expect the price to bounce at our gz green zone making bullish impulse. If by any chance the green and black zones are broken by a bearish impulse, consider opening selling trades on pb.

Chad_Sniper

2.17 Friday's News tipped the price bearish shifting the bullish minor trend (green) to a bearish minor trend (red). Come monday, price may continue bullish to meet the upper band of the trendline channel.

Chad_Sniper

News last 2.14 and 2.16 made this pair go bearish (good for greenback). Friday's bullish impulse suggest breaking away from the previous bearish trend. Price is sitting at the premium area for sell. Price might pullback and bounce off either the demand area, golden zone, or discounted area for buy.

Chad_Sniper

1 - Price is sitting at the bottom of the bearish channel 2 - Higher TF like 30m or H1 is showing divergence 3 - Minute 1 TF, price is forming a bearish channel. If price breaks out bullish, we can open BUY trade If however if price makes a strong bearish rejection at 1.06356 - 1.06347 then consider USD to improve and breaks more low.

Chad_Sniper

It looks like this pair will continue a 5 day bullish rally before finally do a pullback on Monday. The overall trend is uptrend.

Chad_Sniper

Currently seeing bearish channel (purple parallel lines). When price hit the black zone (discount area for buy), and failed to make a lower low, it shows possibility of bullish reversal (Double Bottom). News later will determine if price will go bullish to possibly break the channel, or it could go more bearish.

Chad_Sniper

price is forming a bullish wedge 1 - this blue zone is the Demand zone on 4H 2 - we saw divergence on M5 as price reached the floor of the demand zone 3 - green zone - the fibonacci zone that was broken downwards and acted as resistance (got broken again by bullish impulse) 4 - black zone is our Discounted level for buy that was broken and acted as resistance...

Chad_Sniper

There was a build up of bearish and bullish trades but it seems the bullish divergence won this breakout. A second entry into buying "maybe" possible thru retracement. A conservative TP/tp at will if this is just a fake out. Otherwise, TP 2 - 129; and TP 3 - 130 Exit early, an hour before today's NEWS. Could be high impact.

Chad_Sniper

Previous post setup failed. The market created a lower low creating a new supply area. Two things can happen: 1 - Price hits the supply area (129.299) and go more bearish. 2 - Price will a new higher high, retrace and go further up. (M5 divergence - RSI going up more as price goes down)