What information can we get on GBP/USD Daily & 4Hour timeframe: 1. Break of two major and minor resistant trendline 2. Im expecting the price to continue bearish and hit the major support trendline 3. Would hope that price to retrace before continue for bearish momentum * its best to look for the price action before we take any position with proper Risk...
What information can we get on XAUUSD: 1. Rejection of price from Daily and Weekly support level 2. I draw two resistant trendline to measure a breakout Ideas for entry: a. I'll probably looking for Long opportunity at the first resistant trendline OR b. I wait for the price action at the 2nd resistant trendline. I'll aiming for Long position if the price...
What information can we get in 4H timeframe: 1. The price is heading for sell retracement level followed by long wick rejection candle 2. My idea for sell position shall be at the breakout of the support trendline 3. Bear in mind the major trend is still bullish and Sell position shall be on short term movement * its best to look for the price action before we...
What information can we get on 1H and 4H timeframe 1. 4Hour TF formed a bearish engulfing candle and probably heading towards the previous level of support 2. From 1Hour TF, the price already broke my support trendline indicating strong bearish momentum. I'll probably aim for Short position at the retracement level 3. Bear in mind the major trend is still...
What information can we get on Daily & 4H timeframe: 1. Both are telling us the rejection from the key resistant area with long wick candle on Daily TF and 4H with bearish engulfing candle formation 2. From 1Hour TF im looking for possibly HnS pattern formation and aiming for a short term Sell position 3. Bear in mind the major trend is still bullish and Sell...
What information can we get on GBP/USD Chart analysis 1. Daily and 4H timeframe: Price located at the highest point of swing high trendline and above the upper BB of which im not interested to looking for Long position 2. in 1hour TF, Im drawing a minor swing low trendline so that when the price break it, i'll probably looking for a short position and monitor at...
What are information we can get from the latest price update in 4H and Daily chart: 1. Daily timeframe = Price already broke the major resistant trendline and made a pullback at 38% retracement level which located at the first minor support level 2. 4H timeframe = Price reject and spike from the 1st minor support level and probably heading down for a...
What information can we get on Daily Timeframe: 1. The price is consistently making a HH and HL pattern 2. Price was rejecting the key level support and already broke my swing high trendline 3. Price is currently heading down for retracement process Idea for Entry: a. 50% fibo level for long position which happened to be exactly at the minor support...
What are information we can get on Daily timeframe: 1. Price is consistently making HH and HL which you can spotted on Weekly and Daily timeframe 2. Price currently retest at the key support level There are 2 Ideas for entry position: a. Go for Long position when the price reject the support and after the breakout of the resistant trendline OR b. Go for...
What are information can we get on the Daily and 4H chart analysis: 1. The price is again rejecting a key resistant area marked at 1.38631 price level which clearly visible on both timeframes and hopefully it'll form a double top formation I'm looking forward for the price to do a retracement based on Daily timeframe which probably land first at 1.37528 of...
The price indicate strong bullish momentum from higher TF (Monthly, Weekly and Daily) Monthly & Weekly TF = Price is currently at the resistant area and i would love to see some retracement at these TF as there is no sell/red candle forming since last Nov 2020. Daily = The long wick + bullish candlestick rejecting the support trendline followed by two bullish...
The price indicate a bullish momentum from: 1. Weekly TF = The long wick candle rejecting the support trendline marked at this TF 2. Daily TF = Bullish engulfing candlestick was formed right away after rejecting the previous support area 3. 4H TF = Waiting for break of the resistant trendline i marked at this TF. My entry position would be at the breakout of...
The price indicate a bullish momentum from: 1. Weekly TF = The long wick candle rejecting the support trendline marked at this TF 2. Daily TF = The long wick candle rejecting the support trendline followed by strong bullish candle indicate the buyers are in full control of the movement 3. 4H TF = The price rejecting current resistant level and possibly heading...
From the chart I would probably estimate the price to be on: 1. Uptrend for short/immediate term movement based on my Daily chart analysis. The price seems like continuing the rally pattern right away from the forming of two previous engulfing candlestick pattern. It would be strong short term bullish indication with the break of major bearish trendline spotted...
From the chart I would probably estimate the price to be on: 1. Downtrend for short term/immediate movement as the price on my daily chart indicate the bearish momentum heading down from the top BB to mid BB. It also happen on the 4H chart which showed the price retest the mid BB before expecting the candle to break the previous RBS 2. Uptrend for long term...