B:- • MONTHLY - The month of June, market printed a strong bearish engulfing. recent two months after that we have seen a retracement. but expected further declines to the downsides upon this • WEEKLY - For sometime now we've seen the weekly in a up-trending market. relatively recently that trend was broken this alone is a confirmation of the bearish cycle on UC.-...
B:- • MONTHLY - August, coming to end the market has previously made a engulfing during the month of *JULY* Giving us some indication of where it's headed to the back end of the year • WEEKLY - Has been choppy but we can use our indicator (EMA) to filter the noise, at the moment EMA's are currently suggesting further decline on EURO overall, • DAILY - As...
B:- • MONTHLY:- Current candlestick showing a LWP / Shootig star • WEEKLY:- Strong shooting star close, & follow up bearish confirmation • DAILY:- Bearish rejection off 1.66 - 1.67, suggesting a possible exhaustion & reversal L:- The level looking to be traded is pretty obvious here, 1.64 region • Clear signs of rejection, Hanging formation & confirmation...
B: • MONTHLY:- Month of July market closed as a bearish engulfing, suggesting through and until the back end of 2019 market are overall in a bearish phase (Bearish) • WEEKLY:- Similar to the monthly, last week candlestick has closed as a bearish engulfing also suggesting a further decline, this is also coupled with the fact that short & long term EMA's are facing...
Long time i had a bearish bias on this pair, but with the recent movement of the market i have to say i need to get to grips with the fact that momentum may have now or is shifting towards bulls.. what's i found is the confluences below in order for me to take a trade under the premise of B.L.S (My personal method of trading) B: Weekly, potential EMA...
MONTHLY - EMA'S BEARISH WEEKLY - EMA'S & STRUCTURE BEARISH DAILY - RECENT P.A SUGGESTING FURTHER DECLINE (HAMMER & LONG WICK SHOOTING STAR FORMATION)
Same setup as before, RE-ENTERED still evidence of a strong short.
MONTHLY - Aussie has been in a long term trend on the monthly for some time now - EMA's suggesting long term decline WEEKLY - Weekly does show a similar picture on Aussie also suggesting long term bearish sentiment LL & LH's DAILY - This is where it gets interesting, because of the daily i managed to mark out lows of 2018 in December - On further inspection it...
MONTHLY - MA's Suggesting further bearish momentum short and long term WEEKLY - MA's Also suggesting a bearish sentiment - We did have short term swing back to the upside from a LWP i think that's just a reflection of short term P.A on the daily DAILY - Market structure indicating / showing LL + LH's the anticipation here is to sell whilst predicting this...
MONTHLY - BEARISH ENGULFING - MONTH OF JULY PULL BACK PHASE IS NOW COMING TO AN END EXPECTING FURTHER DECLINE - EMA SQUEEZE & POTENTIAL CROSSOVER WEEKLY - OVERALL LONG TERM STRUCTURE BEARISH FROM PREVIOUS BREAK OF THE TREND LINE - EMA'S ALSO CONFINING BEARISH SENTIMENT SHORT/LONG TERM DAILY - CLEAR LL / LH'S BEING FORMED ON THE DAILY - RECENT 3 PIN...
MONTHLY - BEARISH ENGULFING - WE KNOW THAT AFTER A ENGULFING A BULLISH CANDLE NORMALLY COMES IN AS A RETRACEMENT WEEKLY - EMAS BEARISH - OVERALL MARKET STRUCTURE IS INDICATING LONG TERM BEARISH MOVEMENT DAILY - HERE IS INTERESTING MARKET IS A ESTABLISHED A BEARISH TREND CREATING LH + LL'S - WITH THIS IN MIND WE ARE TRADING A LL POINT, WITH MAJOR SUPPORT...
WEEKLY - EMA'S BEARISH DAILY - DAILY STRUCTURE PRINTING LH + LL'S - ANTICIPATING THAT 1.79 IS THE NEW LH WITH CANDLESTICK BEING FORMED AS 3 PIN FORMATION HOURLY H+S FORMATION & 3 SHOOTING STAR FORMATIONS - EMA CROSSOVER AS CONFIRMATION ENTRY ON HOURLY ANTICIPATING NEW LOWS @1.75