newbietrader_TZW

newbietrader_TZW

H4 The duration of consolidation( green box) was around 2 weeks, it finally breakout and retested the trend. The purple trendline also indicated the trend is going on and support by the 200 EMA. Furthermore, The MACD indicates the bullish momentum is still strong due to the MACD line, Signal line and Histogram was above the zero level. Stochastic also giving the...

newbietrader_TZW

short immediately or wait for a break out the support zone (yellow box) for confirmation.

newbietrader_TZW

H4 Break out the head&shoulder neckline under the pressure of 200 EMA (white line) MACD showing the bearish momentum Stochastic dead cross at the bottom Daily MACD showing a strong bearish momentum MACD line and Signal line dead cross at the top Histogram of MACD below 0 under 20 SMA Weekly Reversal candlestick signal in the...

newbietrader_TZW

Daily Key resistance of the descending trend(purple line) pressure by 200 EMA FIBO retracement resistance on 0.236 level MACD shows the exhaustion of bullish momentum What to do now? Short the market immediately Please do your own proper risk management #Good Luck to all traders!!!#

newbietrader_TZW

weekly descending triangle pattern broke out MACD show strong bullish momentum candlestick above 200EMA and support by it Daily Retesting the support at level 1.26 MACD also shows strong bullish momentum Parabolic SAR also shows support around 1.26 and indicates strong bullish momentum is going on H4 MACD shows the exhaustion of bearish...

newbietrader_TZW

Daily Reversal Pattern of Candlestick is formed (yellow box) MACD histogram shows the exhaustion of bearish momentum Stochastic indicators indicated the rebound at the bottom due to the golden cross under level 20 Fail to break the 0.786 level of Fibo retracement and rebound back at the current level. H4 MACD histogram is formed above 0 MACD...

newbietrader_TZW

Daily Testing the key resistance ( purple line ) Weak bullish momentum showed from the MACD due to the exhaustion of the histogram RSI indicated a death cross at the 80 levels and ready to turn down H4 reversal signal formed (yellow box) MACD histogram shows the exhaustion of bullish momentum Death cross formed at RSI What to do now? ...

newbietrader_TZW

Daily Flag pattern or symmetric triangle pattern formed Currently supported by the support trendline ( purple line) MACD shows the exhaustion of the bearish momentum Stochastic indicating the reverse might happen due to the KD line going to cross What to do now? Long the market immediately or Waiting for confirmation due to currently is...

newbietrader_TZW

Daily decending triangle pattern formed key support on the retracement Fibo 0.236 LVL ( yellow zone ) RSI shows ready to retracement at the level 30 H4 RSI retrace at level 25.6 currently is 27 and shows the retracement is started MACD shows bearish momentum is exhaustion MACD line and the signal line ready to cross at the bottom What to...

newbietrader_TZW

H4 Triangle pattern break out and retesting the upward trend line ( purple line ) Currently support by retracement Fibo level 0.236 and 200 SMA MACD shows a strong bearish momentum Histogram of MACD shows a red histogram that's mean the momentum still strong in bearish Daily MACD line and Signal across to down and shows a downward trend signal...

newbietrader_TZW

H4 Currently testing upward trendline which is the purple trendline Break through the previous downward trendline which is the Pink trendline A support at the bottom of Fibo 0.382 level The candlestick is above the 200SMA trendline that's mean trend might be bullish And 200 SMA can be a support level due to the historical pattern formed MACD begins...

newbietrader_TZW

H4 Triangle Pattern Formed Key resistance trendline is facing currently MACD histogram shows bullish momentum is beginning to weaken TrendlIne fail to break out in the previous 2 times it show it was the strong resistance trendline at the top H1 candlestick formed a reverse pattern on the key resistance MACD line and Signal line cross at the...

newbietrader_TZW

H4 support by 200 SMA break out the triangle pattern In the MACD indicator, the MACD line and the signal line is above the 0 Histrogram of MACD stands above 0 Daily MACD shows strong bullish momentum Uptrend was confirmed and supported by 200 SMA What to do now? Long the market immediately or Waiting for confirmation due to currently...

newbietrader_TZW

H4 Head and Shoulder pattern broke Lower high and low were formed MACD shows strong bearish momentum Resistance pressure under 200 SMA What to do now? Monitor closely at the current level and sell at the current price It has an opportunity to get 1:2 RR Please do your own proper risk management Good Luck to all traders!!!

newbietrader_TZW

H4 support by 200 SMA due to the candlestick above the 200 SMA bullish momentum shows in MACD Break out the key support zone (purple rectangle) Daily Break out from the downward trend Strong bullish momentum on MACD Parabolic SAR showing an upward trend is consistency What to do now? Long the market immediately or Waiting for...

newbietrader_TZW

Daily Break out from the consolidation zone MACD shows strong bullish momentum above the 200 SMA Break retracement Fibo level 0.5 H4 Upward trend formed fail to break the upward trend Expect the upward trend will maintain What to do now? Long the market immediately to the purple trendline ( weekly downtrend line) or Patient wait for a...

newbietrader_TZW

H4 Triangle pattern formed Support on the Pink Zone MACD shows bullish momentum decreasing continuously Daily Daily MACD also showing a beginning of the bearish momentum Same analysis as my previous post [ What to do now? /b] If short- I will enter immediately If long- I will wait for the confirmation of breaking the top trendline ...

newbietrader_TZW

Triangle Pattern break out and currently retesting MACD showing downward trend momentum below the 200 SMA retesting 0.5 Retractment Fibo