Uptrending Channel MACD Bullish Divergence Looking for: - Trendline retest - RSI (7) Oversold
Double bottom formation in daily, breakout of descending channel + retest confirmed, 61.80% Fib reaction, Triangle continuation pattern...
Confluence: - Top of Reversal pattern - Key Level (resistance) - 78.60% Fib retracement - RSI Overbuy
EURJPY is in a Reversal Channel, we have a very nice reaction on 61.80% Fibo + Top of Channel + Key Level and the RSI is showing Overbuy condition = PERFECT SETUP for Sell SL above the last high, TP showed with the arrow
78.60% Fib Retractement + Indicators confirmation + USD will go down soon & CHF showed last week first strenght signal. Enjoy :) Do not forget to put like or comment if you took this trade & liked my analysis !
Look for Trendline/78.6% Fib Rejection Enjoy :) --> Do not forget to put like or comment if you took this trade & liked my analysis !
61.80% Fib tested 2 times + Contracting Flat Pattern SL - above 97.14 TP1 - 95.03 TP2 - 93.93
Top of channel + important supply zone + indicators confirmation + forming potential double top
78.60 Fib retracement within the correction pattern + MACD bullish
Top of pattern + 50% Fib Retracement + Indicators confirmation See below the H1 zone to short preferably if there is price action
MACD Loss of momentum + Zero Crossover, H&S in daily broken out + pull back Top of channel rejection Breakout of H&S pattern in H4
Daily view: Continuation within the Channel + Head & Shoulders formation at the top of the Channel (High probability) H4 view : Trendline rejection + Key level test + small momentum MACD + Overbuyed RSI First Target = 78.6% Fibonnaci retracement Second Target = 100% Fibonnaci retracement Small SL = 0.9100 Large SL = 0.9180
Trendline rejection + bearish Pattern + MACD crossover
Bigger ABC Flat pattern (Orange) + smaller ABCDE Flag (Blue) + MACD Divergence
Bigger ABC Flat Patter (Orange) + Lower ABCDE Flag Pattern (Blue).