


Fxi_Fe
A small H4 zone has been broken and the market came back to retest it giving us short opportunities.
USDCHF Broke a daily resistance and trendline. A retest and rejection upon the broken trendline confirms Long positions are ready to be executed.
With both EMA's showing a correlation on the Daily and H4 timeframe signaling a strong upwards momentum. A trendline and H4 support are being retested after a break and closure above both levels. CADJPY is currently giving us the confluence to go long.
Nasdaq looking to go short as the H4 & Daily EMA's start to have correlation signaling a change in direction along with a trendline and support that has been broken and retested. The first target will be @15260.00 where our SL will be moved to BE and some positions bagged and then hold the remaining till 15000.00 Psychological level.
GER30 Broke out of a daily trendline and just gave an entry opportunity on H4 for Long positions with EMA's crossed on the daily confirming a strong uptrend.
With the DXY (Dollar Index) gaining some traction, we might see the same correlation with USDJPY looking to also head upwards plus it tested a daily support and closed above and also rejected 38.20%(not shown on chart) and 50% FIB levels. ( FX:USDJPY )
AUDJPY on daily showing strong bullish momentum with EMA's crossed over confirming buyers coming into the market with a resistance turned into support broken as well as the trendline. On our H4 execution timeframe we are seeing a pullback to the broken daily trendline and H4 support zone which will set us up for long positions once the trendline and support have...
Adjusted trendline on H4 as a bullish harami pattern formed which respected the new trendline. Sellers were pushing the market lower until price started to climb again after the formation of the bullish harami and the trendline being respected indicating that sellers are loosing power. Temporary move to the downside doesn't necessarily mean a change in direction...
Looking to short Gold after rejection of the resistance or 38.20% FIB level.
GBPUSD looking to go short after it rejects a broken support turned into resistance and 38.20% FIB level.
USDCAD broke a strong support turned into resistance as well as a daily trendline which were both retested during a pullback and just closed off with a bearish engulfing candle validating our sell positions.
EURJPY setting up to go long after it broke the H4 trendline, retested and rejected it. It has also broken a symmetrical triangle early without coming close to the apex point and created a small bullish harami pattern after the retest. Could it finally gain momentum to push higher or could it consolidate more and test the 38.20% Fibonacci level then head up?
We might see US30 come off 61.80% combined with a psychological level @35750.00 and a trendline to drop to -27.00% Fibonacci level.