aduabi112

aduabi112

I believe it's still looking for a liquidity grab or about to shift structure to the down side.

aduabi112

Price broke above 1H structure and currently retesting it, what makes this setup interesting is it incorperates multiple confluences that is tempting enough to take the trade, break and retest of a structure, 0.618 fib level retracement, 20 ema moving average, bullish pennant pattern, morning star candlestick pattern. I expect price will reach the 1.27 fib...

aduabi112

Price is over extended and creating 1H rising wedge as it reaches daily supply area, i think its a good trade to try to sell from here down to the structure.

aduabi112

Price is approaching to sell zone to mittigate the supply and inefficient candles in the form of rising wedge pattern. We can expect a reaction to the down side as this zone will present the fifth and last impulsive wave of the Elliott waves pattern inorder to complete the pattern. Currently price is in the fourth corrective wave in wedge pattern and look for...

aduabi112

Price is making last move to the sell zone before changing the trend, risky buy untill the sell zone is possible.

aduabi112

Simple Elliott wave pattern approach is applying for this price action, currently price is in fourth corrective wave entering the supply zone located on 78.6 fib level created by the third impulsive wave in the form of rising wedge, this zone exist on daily and 4H time frame unmittigated, regular and hidden divergenses are showing on momentum indicators, most...

aduabi112

Creating rising triangle to reach the above supply zone before continue on its way down to 1.30 fib extention which is 16500usd and if this level doesn't hold 200 fib extention around 13000 usd is next. This is just my point of view.

aduabi112

Testing weekly resistance and expected to retrace before continuation to the upside.

aduabi112

Testing weekly resistance and expected to retrace back to the weekly support

aduabi112

Rejected and creating bearish pin bar from weekly resistance on daily TF Price expected to reverse to the weekly structure to complete the head and shoulder pattern to the upside.

aduabi112

Rejecting from daily key level structure Divergence on daily TF

aduabi112

Reaches daily key level structure and shows rejection Divergence on daily TF

aduabi112

Weekly candle creating bullish pin bar, 4H moving averages crossed over and creating head and shoulder to the up side. Based on the above criteria in addition to technical analysis, from my point of view its a good setup to put a buy stop just above the daily candle close.

aduabi112

BOUNCING BACK FROM WEEKLY AND DAILY SUPPORT

aduabi112

HOLDING STRONG WEEKLY AND DAILY SUPPORT LEVEL AND BOUNCING BACK AT LEAST TO RETEST THE HIGHS.

aduabi112 Updated 

LOOKS LIKE THERE IS GOING TO BE A PULLBACK AT LEAST 100 PIPS ACCORDING TO MY ANALYSIS AND INDICATORS.

aduabi112

BEARISH DIVERGENCE BEARISH MOMENTUM BREAK OF STRUCTURE AND TREND LINE

aduabi112

HEAD AND SHOULDER NECK LINE BROKEN, BELOW KEY LEVEL STRUCTURE 1.8000 BEARISH FLAG ENTRY BASED ON MY ABOVE TECHNICAL ANALYSIS THE NEXT KEY LEVEL SUPPORT IS 1.77500