Otimothyy

Otimothyy

Daily is bearish and todays candle is most likely to close as an engulfing. Given a double top at H4/daily resistance trendline.

Otimothyy

Rejection from major weekly resistance. Now price is at H4 resistance that was broken, if it goes below and gives a retest with bearish signals then its possible to go lower till 169.000

Otimothyy

Rejection from both weekly horizontal and trendline resistance. Now rejecting H4 resistance the second time, looking for sells if minor H1 support gets broken.

Otimothyy

Price is at a very strong monthly and weekly resistance zone. Waiting to see if we break below H4 support moving lower to next H4 support around 1.54000. Long term target is 1.51500 where price broke out of a major resistance.

Otimothyy

Price has failed to break above the weekly current weekly resistance zone, H1 support has been broken and some sort of head and shoulder pattern can be seen. 54.00 is the long term target. Don't forget about the high impact news today.

Otimothyy

Reacted off the daily resistance, double top with break of neckline on H1.

Otimothyy

Broke out of weekly resistance zone, Retesting for two days with no signs of bearish pressure to take price back below resistance. Looking to buy targeting next weekly resistance zone. Use your confirmations to enter and watch out for tomorrows fundamentals.

Otimothyy

Price looks to be having a reaction off the weekly and monthly support zone. Daily TF giving some sort of double bottom(line chart) and Wednesday closed with a bullish engulfing. Looking at 1,800 as 1st target and 2,300 as second target. Lets see what happens.

Otimothyy

Got rejected off the weekly resistance. broke H1 and H4 support and made the retest. yesterday's daily candle closed as an engulfing. 1st support is around 1.77200. Always enter only when your confirmations are met. Lets see what happens.

Otimothyy

We've had price come back retest the weekly resistance that was broken giving us a nice solid H4 bullish engulfing candle. If today's Daily candle also closes as an engulfing then we could move to next weekly resistance zone around 0.87500

Otimothyy

Price failed to go above weekly resistance zone. Possible double top on the daily TF. H4 bearish flag pattern + minor support broken. Possible downside movement to the weekly support zone of 1.51500 - 1.51000

Otimothyy

On the daily TF we had a nice rejection from the weekly resistance zone and support was also broken. H4 has been retesting the daily support that was broken while giving some bearish pressure. Next weekly support zone is 1.22000. Go short only if you get your bearish confirmations. Watch out for CPI and PPI.

Otimothyy

On the H4 price is testing a strong daily support now turned resistance. The DXY is also showing bearish movement. Dont forget about FOMC.

Otimothyy

Price looks to be making another retest of H4 resistance zone of 3,025 - 3,035. On the H1 also approaching 50 EMA and resistance trendline. H1, H4 and the daily are bearish giving more reason for going short.

Otimothyy

Strong weekly support zone got broken and now a possible retest is being made. If price gets back to zone of 18,300 - 18,500 and bearish signals are given then we shall be going back down to support of 16,500.

Otimothyy

Its been a month since price broke out of the weekly resistance and now we are retesting. Got an H4 support that has been broken, if price goes back above the zone giving a retest we could see movement to the next week resistance zone of 1.90000. Also price action is similar to what happened on 5th Jan 2023.( Daily TF)

Otimothyy Updated 

Saturday we broke out of H4 support, retested and price gave us a very short move before reversing back up giving us what looked like a fakeout to the upside and now we are back below the H4 support zone with current H4 candle looking to close as a bearish engulfing. Target is still the weekly support around 1,555

Otimothyy

Price is back to retest H4 support that was broken and it looks like buyers have no more pressure. Got the bearish flag on M15 and if broken we could see price back down to 18,800