Looking to aim lower for NZDCAD. Confluences: - 50 fib - H4 SNR - Break of H1 Trendline - H4 Break and Retest of Trendline - 50 EMA (Price pierced through a little but ultimately looks like it's rejecting) - H4 Double top End of Year trade so could be a 50/50 toss up but all signs point downwards, so lets see how this plays out.
Active trade. Got in at NY session. Decided to publish an idea after. Aiming for the -27 TP
Price bouncing off weekly support level. In confluence with a daily trendline, daily 50 EMA, and 38.2 weekly fib DISCLAIMER: This is not a signal and should only be taken at your own risk
Price is still bullish on HTFs and hitting weekly support in confluence with a 78.6 fib, Daily trendline and Daily 50 EMA DISCLAIMER: This is not a signal and should only be taken at your own risk
Becareful as monthly candle will be closing soon but this is the play for next month. Price is rejecting off the weekly level and also the 0.7000 major whole number. In confluence with the 50% fib, Daily trendline and the Daily 50 EMA, price looks primed to continue bearish momentum to the downside DISCLAIMER: This is not a signal and should only be taken at...
Price is making HH/HL on the HTF and is now retesting the 1.4800 Psych level w/ Daily support which is an equal low. 4hr wedge pattern indicates price can move higher. DISCLAIMER: This is not a signal and should only be taken at your own risk
HTF Analysis. Price hitting Weekly Support zone. 4hr HH, now looking for LH to long this pair. Hitting 78.6% fib with a Daily support, and a 4hr trendline. DISCLAIMER: This is not a signal and should only be taken at your own risk
Price hasn't shown signs of bearish momentum. Retesting 85.00 psych number, 38.2 fib, 50 and 100 EMA, 4hr key level. Price is also printing an inverse H&S pattern, indicating potential upside pressure. DISCLAIMER: This is not a signal and should only be taken at your own risk
Price is consolidating in a rectangle pattern. Looking to long off the bottom of that rectangle. Confluences are 38.2 fib, 50 and 100 EMA, 1.3600 psych level, 4hr key level DISCLAIMER: This is not a signal and should only be taken at your own risk
USDJPY broke above 135.00 and now retesting 38.2 with 50 EMA. I feel there are more upside pressure as price isn't any bearish signs and price is the highest it has ever been since 2002. I like the long on this pair. DISCLAIMER: This is not a signal and should only be taken at your own risk
Looks like CADJPY will continue downwards for this week. Price is rejecting 78.6 fib, 50 EMA, and 104 Whole Number (Psych Level). DISCLAIMER: This is not a signal and should only be taken at your own risk
EURGBP Broke out of range and retested. Broke back in but ultimately created a 4hr inverted head and shoulders pattern. Rejecting off 61.8 fib, 50 EMA DISCLAIMER: This is not a signal and should only be taken at your own risk
Price rejecting of Weekly Resistance and now broke lower lows on the 4 hr timeframe. Looking to short as there is a potential bearish market shift. Confluences of 38.2 fib, 50 and 100 EMA, Retest of Double top neckline, 4hr key level. Aggressive entry at yellow zone or wait for more confirmation on the LTFs. DISCLAIMER: This is not a signal and should only be...
Price hitting 4hr key level and 50% fib retracement. Broke out of a trendline and now retesting. Also 3rd touch of a descending trendline. Also rejecting 4hr 50 EMA. Short to previous support for 1:5 R:R DISCLAIMER: This is not a signal and should only be taken at your own risk
NZDJPY is still in bullish territory but rejected of minor daily resistance. Becareful into getting into a position but price is printing a double bottom on the 4hr and showing H1 RSI divergence indicating bears are losing momentum and the bulls might take over from here. Confluences are 38.2-50 % fib zone, rejecting off 50 and 100 EMA, and a 4hr key...
Price bounced off key level with a bullish engulfing candle. SL below the low, targeting the -27 extension which so happens to also be a Weekly resistance level. DISCLAIMER: This is not a signal and should only be taken at your own risk
DOLLAR rising 0.7300 psych level with 61.8 fib level 12hr 50 EMA rejection Daily trendline OVERALL BEARISH. Textbook short play
Looks like price still has the ability to have retrace a little more. Waiting for price to hit PRZ. We will wait for a rejection before getting in. No bearish momentum swings = no entry. Trendlines are useless to trade off but great for confluences and looks to be a beautiful trendline set up as well