DaJeRa

DaJeRa

Price broke last Wednesday's high. aiming for 45 pips which is well within the daily ATR value. Price also above 25 & 200 EMA.

DaJeRa

Price has been going up since yesterday's (2/10/2024) London session, I expect it to continue going up, at least till the zone I have marked on my chart.

DaJeRa

price SEEMED to have made a head and shoulders pattern where the right shoulder also SEEMED to have made a bearish flag pattern. This is ONLY a VERY BASIC technical analysis, there is no study of fundamentals of the company.

DaJeRa

Price looks like it has been rejected off a good support area and has broken a trendline (which ONLY touched 2 point). I'll come back in a few months time to see if my analysis is right or wrong. What do you people think about my overly simple analysis which does not look at any fundamentals?

DaJeRa Updated 

Price is CURRENTLY confusing, because it is retesting the current support, and the support is holding price. My bias for this pair is long, but as usual I might be wrong. Trade safe.

DaJeRa Updated 

I've stated the reason on the chart it self. Overall on the higher time frames, the bear is bearish (Daily), That is why I THINK this move will be a short term gain. Share your thoughts.

DaJeRa

Just a simple analysis of the pair. Using Heiken Ashi to check for momentum, currently it seems that price has a bearish momentum at an important zone (previous high). Reasons are as listed on chart. Trade Safe.

DaJeRa

1) Price has created a double top and price has dropped below the neckline. 2) Price might retrace back to major support region (Which is above the neckline) before rejecting it as a resistance zone and dropping below. Price are belo the EMA/s as well.

DaJeRa

Price is currently rejecting a zone. price has created what looks like a triple top (BUT can also be looked as a bullish flag on lower TF). SO WAIT for break of structure on lower timeframe before entering long or short.

DaJeRa

1) Price has created a double top on 4H TF 2) Price has broken support (large red rectangle) 3) Price has retraced to test support, (New resistance) 4) Price has created a triple top on lower timeframe and currently retesting it 5) Enter on rejection OR go to lower timeframe for better entry with tighter SL

DaJeRa

Price looks bearish. Price has created a trend line, and price has retested the neckline of what looks like a double top. What do u think?

DaJeRa

Not sure, still practising, as stated, this is my first analysis using this principle, any input, pls let me know. thanks

DaJeRa

Seems like price made a range or maybe a double top, which it broke before the markets closed last week. I have short bias on this pair. What do you people think about it

DaJeRa

1) Price created a double top previously 2) Price returned to neckline (previous support) to test it out 3) Price rejected previous support (now resistance) 4) Price below EMA's

DaJeRa

price is rejecting of the 4H resistance / support zone.

DaJeRa

Price is still within a range but will it break or stay inside? well, we have to wait and observe the next couple of hours.

DaJeRa

price might be breaking away from what seems to be a bearish flag formation, also a small resistance turned support region (now again resistance, maybe). I'm waiting for rejection before entering on this short trade .

DaJeRa

Eur/Gbp--- Price has created a triple bottom and price has Broken the neckline. Hence, pair looks bullish. (Only technical analysis. Fundamentally, I have no idea. You should probably read the news)