Yearn-Forex

Yearn-Forex

The market has been consolidating at the suport zone and not showing any signs of buyers. I'll be looking to short once support is broken. Target will be previous daily lows at 1.057

Yearn-Forex

The market has broken through support and retested resistance with 2 bearish pinbars on the daily. I'll be looking to go short on a lower time frame.

Yearn-Forex

Fridays candle closed bearish giving more confluence for a sell.

Yearn-Forex

A head & shoulders has just completed on the 1 hour chart. Expecting a bearish move when support breaks.

Yearn-Forex

The daily candle closed as a bullish engulfing candle at a major support zone. Now that resistance on the 4 hour is broken, i'm waiting for confirmation to go long.

Yearn-Forex

Yesterdays daily candle closed as a bullish engulfing candle at support. Waiting for a break and retest of this head and shoulders before buying.

Yearn-Forex

I'll be waiting for a break and retest of support before selling.

Yearn-Forex

The daily candle has closed bearish, giving extra confluence to sell. I'll be looking for an entry on the 4 hour around the 105.4 zone. Just waiting for extra confirmation. DXY also looks bearish with support being broken and retested on the 4 hour.

Yearn-Forex

I'll be looking to sell now that the market has rejected resistance again.

Yearn-Forex

Yesterdays 1d candle closed as a bearish engulfing rejecting resistance. I'm waiting for a break of the support zone on the 4 hour before selling.

Yearn-Forex Updated 

I mentioned last week that because of the strong bearish trend on AJ, if resistance is retested we could see a very good opportunity to sell. On the 1 hour we see resistance being retested with bearish candles rejecting resistance. This setup is an actual trade I have taken. Targets are at previous lows and SL is the same distance away for a 1:1 risk reward. SL...

Yearn-Forex

The market is in a strong downtrend and retesting previous support now resistance. An opportunity to sell may present itself on a lower timeframe.

Yearn-Forex

Market has been consolidating at resistance. As I mentioned in the previous post, i'll be buying if theres a clean break and retest of structure.

Yearn-Forex

As mentioned in the previous post, i'm expecting a bullish move on this pair and I have more confluence for entry. The most recent 4 hour candle has closed as a bullish rejection of support. I'm expecting a bullish move until the previous swing highs at 1.963.

Yearn-Forex

GBPNZD closed last friday with a bullish pinbar at support. As you can see, this level of support has been respected for some time. My bias is for continued upside. There is also an opportunity for a double bottom on the 4 hour which I will post shortly.

Yearn-Forex

Major support has been broken and Fridays candle has closed as a bearish pinbar. Expecting more downside in the coming week. I'll be looking for an entry on the 4 and 1 hour chart.

Yearn-Forex

After multiple tests at the 129.65 support zone, the market has finally broken through. I was expecting this break because with each test of the support zone, less buyers were present. Its clear on the 4 hour as well that each test of support causes a smaller bullish reaction than previous. I'm expecting the markets to run until the next support level at 128.4.

Yearn-Forex

The market is in a strong dontrend. Previous daily candle has closed as a bearish engulfing at a previous support now resistance zone. I'll be looking for a more precise entry on the 1 hour timeframe.