1M Price broke monthly support which has now turned resistance, fell and tested weekly level. Price is trading above upwards facing EMA. 1W Last week closed back above EMA support with a bullish engulfing. 1D Price tried to break below EMA, but has rejected with a large wick. Closed back above EMA with a bullish engulfing. 4H Fib retracement at...
1M Priced formed an inverted hammer followed by a morning star which closed above the monthly key level. 1W Price was halted by a very strong resistance level at 121.300 which dropped the price back down to the monthly. Last week we wicked through the monthly level and close back above. Both EMA’s got wicked, EMA are now facing up since October 2018. 1D Friday’s...
1M Priced formed an inverted hammer followed by a morning star which closed above the monthly key level. 1W Price was halted by a very strong resistance level at 121.300 which dropped the price back down to the monthly. Last week we wicked through the monthly level and close back above. Both EMA’s got wicked, EMA are now facing up since October 2018. 1D...
1M Last month price tested weekly support, but closed below Bullish EMA. 1W 3 weeks ago we formed a new HL with a bullish engulfing / inverted hammer candle stick. Last week closed above bullish EMA. 1D Bullish EMA price trading above it. 4H Bullish engulfing candle formed while rejecting the EMA support. Take Profit set at the next daily resistance.
1M Weekly zone rejected twice and close back below Monthly. This month we are trading back above the monthly level. EMA pointing up. 1W Last week price closed above the monthly level alongside the upwards facing EMA. Morning star formation formed last week. 1D Friday closed with a huge Doji candle, potential bullish momentum to follow this week? EMA...
1M New high in the last 3 years, rejected monthly and closed above weekly. Price is far from EMA. 1W Price is being pulled back down towards EMA. Last week we closed below the weekly level, could retested monthly at 1.85000. 1D Yesterday closed below EMA with a bearish engulfing, while wicking the 8 EMA. 4H 3rd bounce of the trend line, alongside...
1M Last month we saw a hammer followed by a bullish engulfing candle, this rejected the monthly level and closed above the weekly. EMA pointing down 1W Last week’s candle closed back below the EMA and the weekly level. After priced rallied up and was rejected by the downwards facing EMA. 1D Today’s candle opened at a very low point after the weekend,...
1M 3 months in a row we have retested the Monthly support, this month we created a new low with the third retest. EMA pointing downwards 1W Last week’s candle retested the Monthly but made a new low point, this was the 4th week we tested this support area. Due to a new low being formed by last week’s candle, I suspect strong bearish momentum still in the...
1M This Month we retested the monthly area and also the weekly area. Market is ranging between these two points. 1W After a huge bullish engulfing taking out 4 weeks’ worth of candles we pinned the EMA and closed above the weekly. This week we are trading back below the EMA and the Weekly. 1D 2 strong days of bearish momentum, today has closed below the EMA....
1M Price broke Monthly support, tested weekly level and rejected it. Following month we saw the price rally back up and close above Monthly but in-between EMA. Wick rejection formed on EMA. This month we are trading below the monthly level. 1W Three inside down formation formed last weeks close, which closed below downwards facing EMA. This week we have...
1M Last month’s candle closed with massive bullish momentum, taken out a monthly and weekly resistance levels. Also testing a second weekly level. 1W Last week’s candle closed as somewhat of a doji (indecision), which rejected the weekly level. EMA pointing up. 1D Price shows a shooting star test the weekly level, followed by an Evening star which is...
1M EMA has been retested followed by a huge bearish engulfing. 1W Last week’s candle rejected both EMA’s, followed by this week we have spiked up to the EMA and rejected again. 1D Todays close has engulfed 5 days candles, whilst closing below the downwards facing EMA. Price is now trading back below the bearish trend line, also preferred FIB level has been...
1M Strong bearish momentum taking out monthly and weekly levels, but price is starting to be far from EMA. 1W Price rejected Weekly support and seems to be pulling back to find support at the downwards facing EMA. 1D Daily price broke the monthly resistance and has now turned support, price retested this and now we could head back up to daily resistance...
1M Last month’s bearish candle closed below a key weekly level. This month we have retested this level. EMA pointing down. 1W 2 bullish candles past two weeks which have now hit resistance with the downwards facing EMA. This week we have a potential wick rejection off the EMA. 1D Yesterday,s candles closed above the weekly resistance which has now turned...
1M EMA has been retested followed by a huge bearish engulfing . 1W Bearish Engulfing 4H Shooting star rejecting 8 EMA, Wick rejection entry.
1M EMA has been retested followed by a huge bearish engulfing . 1W Last week’s candle rejected both EMA’s, followed by this week we have spiked up to the EMA and rejected again. 1D Todays close has engulfed 5 days candles, whilst closing below the downwards facing EMA . Price is now trading back below the bearish trend line , also preferred FIB level has...
1M Bearish Candle taking out both Monthly and weekly key levels. EMA facing down. 1W Last week’s candle closed as a bearish marabou, EMA facing down. 1D 3 pin formation, with two wicks testing the downwards facing EMA. This shortly followed by another 2 candles testing EMA. 4H Triangle formation created, I missed the entry for this move as the price...
1M Huge Bearish candle breaking through 4 key monthly levels, this followed by a doji retesting the weekly level. 1W Last week’s price closed below the monthly support which has now turned resistance. This week we have currently retested this resistance. 1D EMA is holding the price downwards, yesterday’s candle (Shooting star) has tested the downwards...