The Buyers have been in control since the end of March and all of April 2021. With this in mind and along with various confluences, my bias concludes that the EU Market is very much so bullish with buying opportunities. A look into my technicals, my chart is on the 2HR TF and price has been respecting my 4HR Major Trendline showing bullish momentum, along with...
Based on market structure, we can see that buyers are in control. Over the last week, price has been in a bullish market, after being in a consolidating period. Price has continued to respect my trendline and the 50 ema, showing strong continuation to the upside. A strong confluence is my 4hr red zone being broken and retested, along with the impulse up. Next...
Based on market structure, we can see that buyers are now in control. Over the last week, price has been in a bullish market, however the last couple days, price seemed to break my major trendline; heading to the downside. I placed a descending channel, trapping price - and price still has been respecting my zones. Managing to catch the trend up and the trend...
BULLS are in control. Price is currently at DAILY yellow zone, still holding at the resistance. Multiple trading setups for entry - two strong buying edges, and one possible entry if price decides to reverse to the downside. For Profits: Disclaimer: Trading the foreign exchange market carries high risk and may not be suitable for all investors. Trading on margin...
Bulls are in control. Price is soon approaching our Daily Yellow Zone, possible signal for either 1.) Market reversal or 2.) continuation to the upside. Have posted possible setups via arrows. For Profits: Disclaimer: Trading the foreign exchange market carries high risk and may not be suitable for all investors. Trading on margin and utilizing leverage can carry...
Seems like all of last week, EURJPY has been in such a consolidated zone - no entries will be taken, until price breaks either support or resistance level and sustains. I have drawn possible entries for either possibility. DISCLAIMER: My analysis is for me to track my own growth, process, and journey as a Fx Trader. I am not sharing to have anyone take this...
Last week, the sellers were in control heavy onto the downside. Towards the end of that week, price seems to reject a major key level (Daily Support) and make an impulse upward - signaling a possible market reversal. My technical analysis shows tearing through bearish structure, but not strong enough to hold and retest, resulting falling back down. Now price seems...
Based on current market condition, we can see that the bears are in control. Using market structure, major s/r's, significant key levels, descending price channels, fibs, and indicator for extra confluence - there are possible seller entries if price continues to move down. In the event the market reverses, I see a possible entry to buy, if price break market...
Price broke market structure (what was once support) and retested as resistance. Double confluence - price broke and retested 50 ema. 20 pips and dip + rode the trend down.
Based on the time of this published idea, sellers were in control. Price was in a descending channel, breaking structure to the downside, and retesting it as resistance - Rejecting off the resistance level of structure and 50EMA. Providing multiple confluences. DISCLAIMER: My analysis is for me to track my own growth, process, and journey as a Fx Trader. I am not...
Been following EJ all day, learning her. - following the pair since the market reversal to the upside, and trailing market structure on the rise. Entries on every pull back. My previous markups are very much still valid. Was able to catch spike up, smashing all TP'S. Number of confluences: market structure, price action/candlestick patterns, fibs, S/R's,...
TOP-DOWN ANALYSIS via Line Chart. (DAILY, 4HR, AND 1HR TF''s). Marked major high and low S/R levels, most recent swings from current price on Daily TF. Dropping down to 4HR & 1HR TF, marking key levels. Switching over to candles, and onto 15min. Determining structure is bearish, distinguishing perfect entry. DISCLAIMER: My analysis is for me to track my own...