Fxphil_trade

Fxphil_trade

EURUSD has become to a 4H strong level of resistance with a 4 hour rejection candle. if PPI and unemployment claims are positive tomorrow, i expect US dollar to bring eurusd down playing out our double top. if there is no positive outcome to tomorrows events than i expect price to break through resistance targeting the previous high of 1.09825

Fxphil_trade

audnzd recently rejected major level of resistance with impulsive bearish move, now it looks like its having some kind of retest around the resistance zone with very low bullish volume. i expect market to keep heading bearish towards a target of 1.06720.

Fxphil_trade

Cadjpy has been strongly bearish, daily major level of support has been reached at 109.075, i believe market has come to its end of its bearish run, closing for the weekend with a rejection candle in 4hr time frame. Im looking to see a rejection of support level before reversal.

Fxphil_trade

audjpy is currently retesting 97.348 level of support for the third time creating a triple bottom chart pattern. right now seems to be forming a rejection candle on the 1hr - 4hr time frame, i dont thinking its ready to break out of our correction zone, standby for bullish candle confirmation, before anything.

Fxphil_trade Updated 

Retesting 1h-4hr resistance level for the third time (triple top) waiting for rejection + confirmation before sell off

Fxphil_trade

30 minute time frame downtrend, retesting previous level of support with a rejection candle and another forming, expect price to drop upon bearish confirmation

Fxphil_trade Updated 

Still have a bearish bias, still retesting previous level of support with 2 rejection candles

Fxphil_trade

Eurcad retesting 1hr -30min resistance with a nice rejection candle, expecting price to drop to 1.46975

Fxphil_trade

market has reached daily resistance level, currently waiting rejection + confirmation to start a sell off. Markets been crazy lately, always use proper risk management!!

Fxphil_trade

Currently Retesting support level waiting for rejection and confirmation

Fxphil_trade

Currently retesting major level of support (double bottom) waiting for rejecting and confirmation before heading bullish

Fxphil_trade

Retesting daily resistance, (double top) waiting for rejection and confirmation before sell off

Fxphil_trade

rejection multiple times the 0.85697 major area of support, i expect price to keep dropping down towards the low of 85462

Fxphil_trade

market rejecting bearish trendline, price is currently retesting previous level of support, nice rejection on H1 looking to go bearish towards 1.65810

Fxphil_trade

pretty simple trade, multiple rejections on the 169.395 area of support, bullish candles pushing up with volume, expecting price to push up to 171.00 and above

Fxphil_trade

market has broken level of support, support level becomes resistance, huge downside momentum by previous bearish candles, retest bullish candles are weak, wait for rejection (confirmation) before entering a short position towards 110.884 to correct previous impulse.

Fxphil_trade

market is in a current consolidation with multiple rejections on level of resistance. price movement suggest it will keep moving down towards 1.05730

Fxphil_trade

Bullish overall trend. major level of rejections at current level of support, following by an upside movement suggesting price to keep moving upwards to 171.233