Inacio_1998

Inacio_1998

Daily Chart - Break previous level of resistance making a new high... H4 chart - broke support level failing to reach target, potential corrective (ABC) underway. 30m Chart - break of support, retest of previous support level as resistance 38.2% Fib level (trynna catch the higher timeframe retracement) which on the 30m chart is a "temporary" downtrend.

Inacio_1998

Weekly Closure - Bearish Doji once again showing the indecision as it approaches previous level of weekly rejection (resistance). Daily Chart - previous Daily closure showing some bullish momentum , (still maintaining a bullish trend). H4 Chart - very extensive 1st wave could see a retracement towards the previous level of resistance, which would match the...

Inacio_1998

AUDUSD analysis Overview - Monthly Chart - monthly closure was a doji showing some indecision for the time being, furthermore can be observed that monthly chart is under some type of consolidation rn. Weekly Chart - furthermore the consolidation from the monthly chart can be further observed on the weekly chart. Previous weekly candle was also a doji no giving...

Inacio_1998

EURUSD analysis Overview - Monthly Chart - strong bullish closure, still got room until reaching a monthly Key Level Weekly Chart - previous weekly candle closed as a doji, showing some indecision as we reached previous weekly resistance. Daily Chart - uptrend (retracement over), previous candle closed bullish creating a morning star pattern. Could heading...

Inacio_1998

GBPUSD Overview - Monthly Closure - Strong Bullish closure previous resistance level (very similar situation to GBPAUD) Weekly chart - market structure broke previous level of resistance and is creating a new HH, previous candle closure bullish ( however, not the strongest bullish candle) Daily Chart - Overall in an uptrend, stalling at previous resistance ...

Inacio_1998

GBPAUD analysis overview- Monthly closure - bullish engulfing, giving me a long bias(long term) for the time being Weekly chart - bullish closure with a significant bullish rejection (long lower wick), can potential start ranging if reject from the resistance level ahead Daily chart - break above resistance making a new higher high, potential new resistance...

Inacio_1998

Got some bullish momentum from the previous day that could be carried on today, taking a position based of 50% n 30m chart which is in line with a previous level of resistance which now could act as a support level

Inacio_1998

Daily bullish momentum H4 previous level of resistance being tested as potential support in line with the 38% 30m chart in an uptrend, which the 61.8% is also in line with the previous level of resistance of the H4.

Inacio_1998

We reached a daily resistance level, 30m chart has broken structure to the down side, came back to retest previous level of support as resistance in line with the 50% Fib could potential see a nice move down from this regioon

Inacio_1998

GBPUSD has reached an area of confluence, where we have a previous H4 resistance which could now become support, a 30m previous resistance which now could also become support and all this is in line with the 61.8% Fib level (a.k.a golden ratio) this makes this area a good zone to look for potential continuation of the bullish movement.