On a longer-term 4hr and 1-day time-frame have a bearish indication of victory but right entry positioning is required with proper risk management to obtain the foretold profits. My opinion SL- 0.69490, ENTRY-0.69090 TP- 0.68106. Stay blessed, stay safe. Please like my idea to follow for more updates and sincere apologies to my followers for not publishing any...
Bulls have support from 1hr and 4hr timeframes TP- 0.67911 SL - 0.66522
1HR timeframe analysis provides a smooth sell for bears; at least some 200 -300 pips is guaranteed with proper risk management.
A sell position can be entered, profit is assured with proper risk management.
My stance was obtained multiple timeframe analysis from the top to bottom approach. 1day, 4h4, 1hr bullish advances are almost exhausted and have fewer resources to proceed any further however even though the bears have been seiged for a long time they are ready to wipe out the bulls for a series of days or perhaps weeks. I will advise those to buy positions to...
Despite the little advances of the bulls, the bears have control of the day so I advise anyone on a buy signal to tread carefully with short targets for take profit. based on technical analysis too like stochastic traders who will like to join the army of the bears should do it quickly before the invasion starts. please like and follow for more updates
Profits is assured with proper risk management and right entry from smaller time frames.
The currency stay strong from falling any further against USD and now NZD. Timeframe analysis shows the blueprint of bulls to take price on a long struggle with the bears ; it has support from the channel it finds itself in , weekly chart, daily chart, 4hr chart and partially 1 hr with the smaller time-frames making minute advances from both the bears and bulls...
A buy signal is in wait to obtain it's momentum when it's given the chance , by time frame analysis a 4hr ,3 , 2 , 1 chart gives hope and prophecy that the bulls will gain authority over the market. The bears have the chance to make small advances but in the long run I will advice not to play or make a mockery of prophecy with regards to the 4hr timeframe...
The bears had fufilled the prophecy of taking dominion from the previous post after the bears showed threats with thr 1hr timeframe. Like and follow to gain more info on the pair.
1hr timeframe seems to support bullish activities burning the end it falls in line with the 4hr sell signal . Therefore buying the currency pair at the moment is possible but dangerous since the bears are yet to come in with momentum as new sessions get opened. My advice will be to place a sell limit or sell stop if you might not be around also you can enter the...
The currency pair lies in wait to either break the support or resistance zone its currently faces. i believe that when it breaks the resistance zone with respect to the bulls price action will keep moving with the flow until it faces another resistance zone.
The identification of the head and shoulder pattern of EURUSD indicates a clear signal that the bears will be in authority over the currency pair for a long period of time we can assume a month , two or more but within those periods the bulls wont back down easily. they will surely make some advances but will wont end well for them.
From my previous post of AUDUSD timeframe analysis 5, 15, 30mins and 1hr had a pending sell signal but now taken over the market now. The bulls have little control now ; they can only make some advances that are insignificant in the long term. My advice is to short the pair in the swing trade obtaining huge profits starting from the weekly timeframe when market...
5mins , 15mins, 30mins and 1hr time frame holds an incoming sell signal/ down trend for a short while it is supporting the weekly timeframe where price action will give bears authority over the market for a long period of time. The bulls are trying to push price upwards to get more traders on the side but the long term war will be won by the bears with a single...
Confluence of market structure, bearish pin bars , support and resistance will fill the supply zone that been pending for a while now with continuous days of bearish bars.