USDJPY BUY OPPOURTUNITY Awaiting Break Above Counter Trend Line Awaiting Further Confluences For Buy Opportunity Current Confluences are: US Dollar OVERALL PA Bullish (Respecting Support At 12133) Potential Triple Bottom On Short Term Chart (H4) Daily PA Rejection Of 20MA Weekly Rejection Of 50MA Long Term Up Trend (Weekly) Mid/Long Term PA Above 20,50 & 200...
CONFLUENCE FOR BUY Short Term Bull Flag Broken To Upside Short Term PA Retested & Closed Above 1.33 Short Term Resistance (Turned Support) PA Break In Short Term Bear Structure Short , Mid & Long Term PA Above 20,50 & 200 MA Mid Term Potential Head/Shoulders Pattern Made Invalid *Short Term - Hourly, Mid Term - Daily, Long Term - Weekly* Oil Bearish (CAD...
Previous TP Already Hit (300 Pips) However New Buy Op From The Break Above Key Short Term Resistance At 2.168 Next Target Would Be Key Daily Resistance At 2.211 CONFLUENCES For Next Buy Op PA Above 20,50 & 200 Ma Both Short & Mid Term Key Bearish Structure Within 240 Chart Broken Double Bottom Formed At Daily Chart Short & Mid Term Momentum To Upside Gold Also...
SHORT TERM SELL CONFLUENCES PA Below 20, 50 & 200 Ma Break & Close Below Upwards Trend Line/ Short Term Bullish Structure Broken Bearish Momentum Carried From Daily Minor Resistance Short Term Momentum Bearish
Confluences PA Below 20, 50 & 200 MA PA Has Broken & Closed Below Medium Term Range (Dynamic Support) Weekly In A DT (Recent Bounce Of Key 1.14 Resistance) PA Has Broken Bullish Structure In Short Term Chart (H4) USDollar Index Appears Bullish Short Term (Suggest A Rally In The Dollar)
LONG TERM OUTLOOK Clear Long Term UT Still In Play With No Indication Of Trend Weakness PA Above 20, 50 & 200 MA *Preferred Long Term Buy Opportunity Would Be A Retracement To Key 1.95 Monthly Support & Buy The Rejection* DAILY OUTLOOK Head & Shoulders Pattern Formed Indicating Weakness In Daily Up Trend PA Has Broken Bullish Structure Breaking Below TL,...
The Long Running Bullish Momentum From NZD/&AUD Pairs (Which Provided Many Pips Lol) Seems To Be Finally Coming To An End Due To Gold Reaching A Key Monthly Resistance Where A Huge Reversal Can Take Place. Awaiting A Few Bearish Confluences On NZDUSD Which Includes The Movement Of The Dollar Index (A Strong Bounce And Decline Would Be Good As Its Pushing Towards...
Gold's Behaviour May Signify An Upcoming Reversal For AUD/& NZD Pairs Potential Sell Setup Shown For NZDJPY, Awaiting For More Confluences To Line Up (Especially If Gold Indicates More It Does Not Wish To Trade Above Key Monthly Resistance) Gold Outlook On Potential Reversal
Confluences • Hourly Bullish Break On Hourly Supply • Hourly Price Above 20, 50 & 200 MA • Hourly Respected TL Indicates The Beginning Of An UT • Daily Showing Bullish PA From Daily S (Awaiting Engulfing Close) • Weekly Showing Bullish PA From Weekly Demand (Awaiting Pin Bar Close) *Be Careful When Placing Lower Time Frame Trades Before Waiting For...
As Shown On A Daily Chart USDollar Looking Extremely Bearish A Double Top Has Formed At A Key Level Of Daily Resistance The Upwards Trend Line Has Been Tested 3 Times Already (Smart Money Would Pause Aggressive Buying After Third Touch) A Break Below Expected Furthermore Price Has Broken Below the 20 & 50 MA Oil Is Also Looking Very Bullish (Which Furthers My...
• Hourly Downwards Tl Broken, Retested & Held (TL Was Not Drawn In, Break And Retest Took Place On 1 Hour Chart) • Hourly Price Above 20, 50 & 200 MA • Price Has Closed Bullish Within Hourly Supply *Pulled Out Early On Accident :(* FTSE Double Bottomed Followed Bullish Momentum (Gives Me Confidence In Euro Buy Op) Oil Broke Out Of Rectangle With Bullish...
Double Bottom Has Formed On Weekly Support Suggesting The Previous Bearish Momentum Has Lost It's Steam Price Surged And Closed Above Monthly Resistance Indicating Strong Bullish Pressure A Bullish Close Was Made Within Supply (1 Hour Chart For Earlier Entry) Further Indicating A Buy Move Price Above 20,50 And 200 MA The Recent Gold Hike Further Confirmed My...
A Break Of Hourly Resistance Was Made From Strong Weekly Bounce Price Above 20, 50 And 200 MA In Hourly Price Pulled Back To Support (Which Was Previous Resistance) Price Has Made A Strong Break Of Marked "Trouble Area" In Hourly Trade Now Running Risk Free Weekly Pin Bar Formed On Key W Support Which Confirmed Long In Hourly Chart New Zealand Dollar...
False Break At Key Monthly Resistance Potential Head&Shoulders Pattern Formed On Daily Break, Retest And Further Drop From Daily TL Close Below Daily Support (However Price Is Still Hovering Above It On My Trading Platform So Waiting For A More Significant Close Price Below 20 And 50 MA Price Has Broken Below Daily Support, Now Awaiting A More Significant...
Weekly Chart Remaining Bearish Still Below Key Weekly Resistance Awaiting Tl Break In Daily To Confirm Bearish Momentum And Short Opportunity
GBPUSD Quick Long Trade Price Has Broken Below Daily Range And Reacted To Weekly Demand Below In Daily Price Has Broken Above Daily Resistance (Which Was Once Support) (Daily Candle Still Active/Non Close) Hourly Chart (H1) Price Has Broken And Closed Above Daily Resistance Which Shows Good Bullish Momentum From Weekly Demand However I Am Still Overall Bearish...
NZDUSD Looking Extremely Bearish, Price Below 200 EMA, Hourly, Daily And Weekly Down Trend Waiting For Either A Retracement Up To Strong Resistance Or A Strong Bearish Close Within Weekly Resistance To Indicate A Sell