ramisha_j

ramisha_j

aim to next 4hr high zone. analysis based on zone to zone retracements

ramisha_j

previous 4hr trendline touch, possible reversal, waiting candle confirmation

ramisha_j

daily Elliot wave approaching point D but also .5 fib level , possible reversal at 1.106

ramisha_j

with higher highs forming on the 4hr potential drop to 0.9690 , testing 0.618 level of 4hr fibonacci with either a break to the lows of .966 or a climb up to point E in elliot wave theory to .9780 level

ramisha_j

london opening

ramisha_j Updated 

break of previous low

ramisha_j

broken back into trendline, retest

ramisha_j

bearish 1hour engulfing

ramisha_j

-Rejection of daily supply zone -minor trendline break followed by bearish pinbar on 4hr -Entry based on previous 4hr low being compromised with a strong bearish candle as well as daily fib break where price currently sits at.

ramisha_j

4 hr resistance of trendline with elliot wave point D being reached, strong candles on 1hr and 15 mins as confirmation for entry.

ramisha_j

reached point D of elliot wave on 4hr. long wicks of rejection collecting against daily trendline.entry after strong engulfing candle on 15 mins

ramisha_j

Potential sell with fib line reached and 3rd touch on 4hr trendline as well as elliot wave point E.

ramisha_j

strong bearish candle having engulfed previous cluster of candles on 4hr, continuation of downtrend, tp set at approaching support zone.

ramisha_j

price struggled to break through support zone, 4hr bearish candle engulfed previous bullish which was further confirmation for an entry. multiple placed with SL at 30 pips. tp1 hit bagging two trades of 40pips each..swinging to next zone at 1.340.