this is mere speculation NOT A TRADE YET! We have to wait for price to tell us..
Dark cloud cover Bear candle closed more than 50% into previous bullish candle in a known resistance level good risk reward SELL!
NZDUSD is in a rising channel (possible daily bearish flag too) we have got a nice rejection candle on the upper trend line following candle is bearish.. good risk reward dollar showing a bit of strength in most of its pairs
HUGE SUPPORT LEVEL BULLISH DIVERGENCE FED DATA (EXPECT BULLISH SENTIMENT)
I like a head and shoulder when it comes after a clear trending price...it clearly does here.An we have divergence on RSI..we also have a resistance area on daily...SHORT!
Big tug of war happening on a trendline retest..important to watch for now until price decides..we can see price showing indecision..dojis,darkcloud cover ..appearing dead on after a corrective uptrend wave...the odds are in favour for bears to win this one...so we sit an wait for the bears to show a win.big reward trade..great RR
A nice fakeout confirming bulls coming in at a critical support level...also a piercing pattern formed. A break of minor trendline would set the bulls on track..great Risk Reward. Im expecting Yen weakness across the board this week.
Strong support level. Morning Star buy signal..great risk reward.
Strong support level...Morning star showing a tug of war being won by bulls. Great risk reward