long1996

long1996 Updated 

The price is currently consolidation above the 128 support. A clear break and retest is needed to confirm the continuation of the bearish move. More confirmation is needed for entry.

long1996

The pair seems to be losing bullish momentum after an extended run upwards. The rising wedge formation is completing. If the next h4 candle shows rejection off 1.325 region, then it potentially signifies that the pair has reach a top and it would potentially reverse its direction. Wait for close of H4 for confirmation

long1996

The pair seems to be losing bullish momentum as it formed a potential bearish flag formation. A rejection off 1.165 would confirm the bearish move. SL: 1.167 Entry: 1.165 TP1: 1.16 TP2: 1.155 TP3: 1.5 TP4: 1.45

long1996 Updated 

A Pin Bar rejection on Resistance 1.6. SL: 1.61 Entry: 1.59 TP1: 1.5 TP2: 1.4

long1996 Updated 

The pair is having difficulties pushing above the resistance at 110.6. It is also losing bullish momentum as it make a Lower High. SL: 110.75 Entry: 110.6 TP1: 110.25 TP2: 109.9 TP3: 109.25

long1996

Weekly: Previously, the pair has rejected off key support 127.250 and formed a Pin Bar, indicating a potential reversal or a corrective rally. The rally has challenge key resistance 130 but failed to break above to invalidate the downtrend. To confirm the continuation of downtrend, a clear rejection on 128.500 is needed. The downside target would be 127.250 where...

long1996

Weekly: The pair has just previously broke out of an uptrend. The pair has formed new low as it found support on key level 1.7600. The pair has previously printed a Pin Bar and subsequently printed another bullish candlestick signifying there is more bullish move left. To confirm the downtrend, the pair has to found resistance at key level 1.7900 and form a new...

long1996

Weekly: The pair is clearly in a downtrend as the price has respected the establish trend line. The pair has printed a Inside Pin Bar pattern, in which a Pin Bar is contained within the previous mother bar on the key level. This indicates the downtrend would resume and target the downside at 145.5 & 144.5. Although the pair has previously printed a strong...

long1996

Weekly: The pair has continued the correction rally after the Pin bar formation. It has also formed a bullish Marubozu engulfing the previous bar indicating there is more bullish momentum left to challenge the 111 key Resistance. However, the pair has stall below the 11 key region shows diminishing momentum as the bulls failed to push above just before the week...

long1996

Weekly: The market is in a clear downtrend. The pair seems to have completed its pullback as it retested the key level 1.175. It then formed a bearish engulfing signal which wipe out the previous bullish run, indicating that the bears has wrestled back in control and there is more downside to be seen in the upcoming weeks. The key level at 1.175 are also...

long1996 Updated 

Daily: The pair has previously breakout of the bearish flag, signifying the correction rally might come to an end as it resume the downward trend. The pair is currently in a potential rising wedge, as the pair are topping out and possibly preparing for the drop. It has also formed a shooting star formation signalling downward movement. A daily candle close below...

long1996 Updated 

Daily: The pair is currently in a correction rally (short term uptrend), which means the pair could possibly rally higher. The pair has consolidated on 1.17500 as it formed a bullish flag. The upside target would be Key level 1.19 & 1.2. Look for favorable entry on H4. H4: The pair has broken out of the bullish flag with a strong Hammer formation. It has...

long1996 Updated 

Daily: The pair is currently in a short-term uptrend. The pair has respected the uptrend as it printed a hammer on the trend line. This signify that the corrective rally would continue as it target the upside at 1.35 & 1.355. Look for favorable entry on H4. H4: The pair has printed a strong bullish candlestick as it closed above psychological level 1.34. This...

long1996

Weekly: The newly established downtrend has found support on 1.33. A hammer formation has been formed on the support, indicating a corrective rally is in bound. A pin bar has also formed on psychological level 1.34. This signify that there is potentially more upward movement left. The corrective rally could potentially extend to 1.35 region (Fib 0.23). Bias...

long1996

Weekly: After the pair broke out of the uptrend, it has formed a new lower low at 1.16 region. The pair has formed a hammer at the Key Region 1.6, signifying that a correction rally is in hand. The pair could potentially retrace to Fib 0.386 ( 1.18750) & Fib 0.5 ( 1.20000) before it resume the downtrend. Bias Long-term: Short Short-term: Long

long1996

Weekly: The pair is in an established downtrend and it is respecting the downward channel. A bearish engulfing candle has formed at key region with several significant confluence point. This indicates that the correction rally has likely reach a limit and the bears has wrestled back in control. However a small hammer formation can be seen rejected off 108 region,...

long1996

Daily: The price has consolidated within the range of 1.165 & 1.1725 as it failed to breach the resistance. It is expected to retest the support at 1.165 region to further confirm the move. 4H: The price has shown several bearish signal after it reach the 1.1725 level. The price would have to retest the support at 1.165 for more confirmation. The price is...

long1996

Daily: A Pin Bar has been printed on the previous day. This signify that the correction rally has likely finish & it will continue its bearish descent to 1.3325 & 1.3175. The Pin Bar is also printed on a significant Psychological Resistance 1.33. 4H: A 3 Inside Down has been formed as it closed below Resistance 1.33. This has also confirmed the formation of...