ONE FOR NEXT WEEK? - DAILY CHART, STRONG BULLISH CANDLE BROKE ABOVE 129.400 LEVEL, FRIDAY DAILY CANDLE CLOSED ABOVE 129.400 LEVEL SHOWING BUYERS ARE READY - 4 HOUR CHART, PRICE REJECTING SMALL ZONE WHICH HAS BEEN TESTED IN THE PAST. PREVIOUS HIGHS HAVE BEEN BROKEN ALSO. TRENDLINE SUPPORTING DOUBLE BOTTOM (4TH TOUCH) - 1 HOUR CHART, DOUBLE BOTTOM ON THE ZONE, ALSO...
TREND CONTINUATION TRADE FOR EUR - STRONG BULLISH CANDLE PRINTED ABOVE 1.64800 LEVEL ON 1 HOUR, 4 HOUR AND DAILY CLOSED ABOVE - PRICE HAS RESTETED, BUT COMING BACK FOR A SECOND TIME (DOUBLE BOTTOM?) - DAILY CHART IN AN UPTREND - 4 HOUR CHART TO RETEST THE HIGHS OF 1.66000 - 1 HOUR CHART, PRICE HAS BROKEN PREVIOUS LH'S WHICH SHOULD SEE PRICE PUSH UP FOR A RETEST OF 1.66000
SIMPLE! - BROKEN STRUCTURE LEVEL OF 0.99700 - RETESTED WITH A NICE REJECTION CANDLE - PRICE IN AN OVERALL DOWNTREND ON 4 HOUR AND DAILY CHARTS
BROKEN OUT OF CONSOLIDATION AREA! - STRONG 4 HOUR CLOSE ABOVE CONSOLIDATION AREA AND 1.64000 LEVEL - HEAD AND SHOULDERS PATTERN MADE PRICE PUSH UP - BREAK, RETEST AND ENTRY OFF 1.64000 LEVEL
SHORT TERM SELL ENDED BUYS FROM NOW - WAVE 5 UP - PULLBACK HAS BEEN MADE - 1.22000 LEVEL IS WELL RESPECTED - NICE REJECTION FROM 50% FIB LEVEL - HEADS UP AS LOADS USD SPEECHES TODAY!
SHORT COUNTER TREND TRADE - WICKS SHOWING WEAKNESS -CANDLES GRADUALLY GOT SMALLER AS THEY REACHED FIB EXTENSION LEVEL - WICKED CANDLES LINE UP NICELY WITH THE 1.382 FIB EXTENSION - 1.22650 LEVEL BEEN TESTED BEFORE
GBP PUSH? - 1.21100 LEVEL HAS BEEN RESPECTED IN THE PAST - NICE BULLISH REJECTION CANDLE ON THE 4 HOUR CHART FROM THE 1.21100 LEVEL - PERFECT REJECTION FROM THE 1.21100 LEVEL ALSO WITH THE 61.8 FIB LEVEL SITTING THERE
JPY STRENGTH? - 106.600 LEVEL HAS BEEN WELL RESPECTED IN THE PAST - DOUBLE TOP PRINTED ON THE 106.600 LEVEL - PRICE DID NOT MAKE A HIGHER HIGH AS THE 106.600 LEVEL IS THERE - 4 HOUR CANDLES GRADUALLY GOT SMALLER AS THEY APPROACHED THE 106.600 LEVEL
C LEG PUSH UP? - DAILY CANDLE CLOSED ABOVE LEVEL 1.6500 WITH NICE BULLISH CANDLE - PRICE PULLED BACK FOR A RETEST (B LEG) - CANDLESTICKS GOT SMALLER AS THEY APPROACHED THE 1.6500 LEVEL - LITTLE HEADS UP AS CAD NEWS IS COMING OUT TODAY!
ANOTHER LEG UP? - PRICE BROKE ABOVE THE PREVIOUS HIGH - PRICE BROKE ABOVE 1.89500 LEVEL - 4 HOUR CANDLE CLOSED STRONGLY ABOVE THE 1.89500 LEVEL - RETEST AND ENTRY
JPY TO PUSH LOWER? - BROKE OUT OF A CHANNEL - WICK REJECTION FROM 105.000 LEVEL - PERFECT REJECTION FROM 61.8% FIB LEVEL WHICH LINES UP WITH 105.000
GBP PUSH? - STRONG BULLISH CANDLE BROKE ABOVE THE 1.88500 LEVEL ON 4 HOUR CHART - PRICE RETESTED THE 1.88500 LEVEL ON 4 HOUR CHART - PRICE PULLED BACK TO THE 50% FIB LEVEL - 3 WICKED REJECTION CANDLES PRINTED ON 1 HOUR CHART (SHOWING RESPECT TO THE 5O% FIB LEVEL) - PRICE STILL IN AN OVERALL UPTREND (NO LOWS HAVE BEEN BROKEN
POSSIBLE PUSH UP FOR AUDJPY - PRICE BROKE A DESCENDING CHANNEL LINE - NICE REJECTION CANDLE FROM THE BROKEN CHANNEL AND TRENDLINE ON 4 HOUR CHART - 61.8 FIB LEVEL ALSO SUPPORTING THE TRENDLINE AND BROKEN CHANNEL
SIMPLE SET UP FOR NEXT WEEK - DAILY CLOSURE ABOVE 129.000 LEVEL - PRICE PULLED BACK TO RETEST 129.00 LEVEL - 38.2 FIB LEVEL SITS PERFECTLY ON 129.000 LEVEL - PRICE TO TEST THE PREVIOUS HIGH ON THE 4 HOUR CHART (130.000 LEVEL)
ONE FOR NEXT WEEK? - PRICE BROKE OUT OF CONSOLIDATION BOX - PRICE ALSO BROKE DESCENDING CHANNEL LINE - 38.2 FIB LEVEL ALSO SUPPORTING THE BROKEN DESCENDING CHANNEL - PULLBACK TO RETEST THE BROKEN CHANNEL LINE AND THEN ENTRY
ANOTHER ONE FOR NEXT WEEK? - PRICE RECENTLY BROKE A UPWARD TREDNLINE - PRICE CURRENTLY IN AND ASCENDING CHANNEL - PRICE DID NOT MANAGE TO BREAK KEY LEVEL OF 1.68000 - PRICE RESPECTING DAILY DESCENDING CHANNEL - ENTRY IS BREAK AND RETEST OF ASCENDING CHANNEL
HEAD AND SHOULDERS... (FOR NEXT WEEK) - COMPLETION OF H&S PATTERN AND THEN WE MAY SEE PRICE FALL AND BREAK 1.32900 LEVEL - RIGHT SHOULDER TO PRINT ON 1.33200 LEVEL - 61.8 FIB LEVEL LINES UP PERFECTLY WITH THE 1.33200 LEVEL TO SELL - PREVIOUS H&S PATTERN ALSO PRINTED IN EXACTLY SAME AREA
WEDGES? - NICE WEDGE PATTERN FORMING (ABCDE) - PRICE STILL MAKING HIGHER HIGHS - PREVIOUS LOWS HAVE NOT BEEN BROKEN - BIAS IS STILL UP AS TREND WAS UP BEFORE THE PATTERN CAME INTO PLAY - 1.72800 LEVEL IS A RESPECTED LEVEL USED AS SUPPORT AND RESISTANCE -PREVIOUS 4 HOUR CANDLE CLOSED AS A NICE BULLUSH PINBAR