LearnFxJourney

LearnFxJourney

Following yesterday session, price has dipped towards the Fib region which has confluence with the SMA 50 and Institutional Level 1.222 where it has found a new Support as it was rejected strongly. My bias for this pair is currently Bullish and I will only be looking for Buy. As of now, price is currently testing the EMA 14 trying to break above it. I'll expect...

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15M EMA C FB - Ascending Trendline - 1H Wide Inclining EMA 14 - 1H HH formation - 30M SMA 50 An upside break of structure (358 pips) with EMA Cross to the upside. Although the EMAs has slightly shifted to the downside on the 15M, the higher TF is still extremely Bullish with the EMAs strongly Inclined to the upside. Bias = Bullish Structure = Ascending...

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15M EMA C FB - Wide EMA 14 - SMA 50 - HH formation - 4H Bullish Engulfing - 1H EMA 14 An upside break of structure (179 pips) with price forming a HH with EMA Cross to the upside followed by a Wide Inclining EMAs. The 70.5 level has confluence with 15M SMA 50, 1H EMA 14 and the previous Swing High. Entered as price rejected the 70.5. Bias = Bullish Structure =...

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Following Tuesday Session, Price has respected the SMA 50 and Institutional Level 1735 along with the Descending trendline as it dipped to the downside. Price has confluence with the 4H Bearish Tideshift as the SMA 50 goes flat before crossing over with the EMA 14. As of now, Price has temporarily found support on 1705 level and has been trying to retrace...

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Price has clearly broken out of the Range and retested the Key pivotal level 25000. It has rejected Institutional Level 25000 and printed a Hammer as it close. Following that it has closed strongly as a Bullish Engulfing indicating further Bullish Momentum. On the Daily TF, the Bullish tideshift is still in play and price could potentially surge to tap the Daily...

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Following Tuesday Session, Price has broken out of the previously mentioned Flag and surge strongly to the upside shifting the momentum completely. The EMA has cross over along with a Wide Inclining EMAs. As of now, Price has temporarily rejected the EMA 200 and could potentially retraced lower before the next Bullish leg up. I'll wait for the Ny session to see...

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Following Tuesday Session, Price has breakout of the range it was consolidating after it bounce on the 4H 62 Fib level. Price then surge strongly to the upside hitting the range top where it was rejected back to the downside. As of now it has retraced towards the Institutional Level 1.095 and could potentially go lower to retest the EMA 14. My overall bias is...

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15M EMA C FB - Declining EMA 14 - Exhausted Uptrend - LL formation A downside break of structure (20 pips) with EMA Cross and a declining EMA 14. Price has printed a Shooting Star as it rejects the 70.5 level. I'll aim for atleast a 1.5RR or 15pips target. Entry was kind of late. Bias = Bullish Structure = Corrective to downside Setup = 15M EMA C FB .

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15M MSB - Wide Inclining EMA 14 - Institutional Level 1.232 - 30M EMA C FB An upside break of structure (45 pips) with price forming a new HH formation followed by a Wide Inclining EMA 14 indicating strong Bullish Momentum. Price has rejected the Fib 62 level which has confluence with the Institutional Level 1.232. At the moment, price has formed a strong Bullish...

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Price has continue to consolidate within a small range. My Bias remain the same as before. I will need to wait for a clear direction before looking for any setup.

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Price has break and retested the 24800 Institutional Level indicating a potential further Bullish momentum. The next key level is at 25000 which is also a key pivotal point. I'll expect price to continue pushing towards Institutional Level 25000 before it was met with a new wave of Bearish Pressure. Bias = Bullish Structure = Impulsive Setup = No

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4H EMA is going flat - Potential Bullish Tideshift - Breakout of Flag Price has failed to found resistance on the Institutional Level 1.22 to form a new LH. Price has surge towards Institutional Level 1.222 during the Asian Session indicating a potential shift in momentum. I'll wait for a proper EMA cross on the H4 and look for a similar setup on the Lower...

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Price has make an upside break of the Range structure and could potentially continue to the upside as part of the Daily Bullish Tideshift. My overall bias remain the same as before. I will wait for price to form clear price action as it form a new HH and retest the range. Bias = Bullish Structure = Range Breakout Setup = 4H 62 Fib Bounce.

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15M MSB - EMA Crossover - 15M Bullish Tideshift - 4H Morning Star - 4H SMA 50 Crossover EMA 200 Price has made an upside break of structure (37.7 pips after rejecting the 4H 62 Fib Level and formed a new HH formation right on the 15M EMA 200 where it found strong Selling pressure. Following that, price has rejected the Fib 62 Level which has confluene with the...

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On Monday's Open, Price has rejected the Descending trendline and continue to drop towards 1720 Level where it found new presence of Buyer. However, the EMA 14 has crossover to the downside indicating a potential Bearish Tideshift if price managed to form a new LL show continued sign of bearish momentum. As of now, I'll wait for price to form clearer price action...

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On Monday's Open, Price has dipped towards the 4H Support level which has confluence with the Institutional Level 1.088 and ended up closing as a strong Hammer Formation above the EMA 200 and SMA 50. With price previously forming a HH on the Institutional level 1.10000 and has since continue to retraced lower towards 1.08800 region which is the 4H Fib 62 Bounce,...

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On Monday's Open, price has rejected the Institutional Level 24500 and the EMA 14 to continue pushing higher towards the Institutional level 24750 (Range Top) which price has previously rejected strongly from this Level. On the Daily TF, I also have a Bullish Tideshift in play. So I will be paying attention to whether price can break above the 24750 - 25000...

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On Monday Open, Price has continue to retrace higher towards the Institutional level 1.22. Now during the NY session, price is currently testing the Declining EMA 14 on the H4. The overall structure for me is still Bearish, however if price failed show sign of rejections on the trendline/resistance, it could potentially break upwards and formed a Bullish Flag...