samgeorgev

samgeorgev

After a strong downtrend on the pair , we saw a trend line breakout followed by retest. We then see price making higher highs up to a strong support/resistance zone , making a pullback to the 61.8% Fibonacci on the current rally, combined with a doji candle rejection on a short term trend line recently formed.

samgeorgev

Following positive news on consumer and industrial confidence , service sentiment and business climate gives us positive outlook on eurozone. Technical analysis confirmations 1-Daily and 1H MA match 2-Price rejecting Daily MA21 3-RSI 6 divergence 4-Price formed strong pin bar at significant previous low on 4H chart. 5-Good risk-reward 2:1

samgeorgev

Following positive consumer and industrial confidence reports , business climate and industrial sentiment gives us a strong fundamental positive outlook on EUR. On the technical line we have multiple confirmations 1-Daily and 1H MA match 2-RSI 6 below 20 3-Price rejecting 3rd touch trend line plus previous high test in/between MA`s 4-Price rejecting 0.5 Fib...

samgeorgev

Overall the pair is trending up with Daily MA8 above Daily MA21 which gives us trend confirmation. We also have MA200 on 15m chart rejection , combined with short term trend line. Enter with 1:1 RR , but keep in mind for potential new highs.

samgeorgev

XAUUSD long trade 1H major trend line rejection 1H major support/resistance level rejection 1H MA200 rejection Price action confirmation 50% Fib retracement Daily momentum up

samgeorgev

Well formed channel on 4H chart. 3 consecutive bullish weeks for usd/chf Daily MA shows upside momentum Pin bar formed around channel low on daily chart , followed by bullish engulfing bar. We still dont know if the price will rally for new highs , the confirmation we looking for is 4H chart MA cross and start scalping on 15m chart in the way of the trend. If...

samgeorgev

Hello traders. Eur/usd overview for the week ahead.Currently price react of 61.8% Fibb level. We have well formed channel and head and shoulder pattern. From now on we looking at either respecting the second shoulder and 61.8% level , price breaking the channel and looking for Buy scalps on 15m chart along the way. The second scenario is if price does not respect...

samgeorgev

usdchf long trade Daily momentum up 1H momentum up MA200 rejection Trend line rejection Support line rejection Pin bar + closing above 4H 50MA rejection

samgeorgev

aud/usd long scalp Daily momentum up 15M momentum up 50MA rejection Pin bar + closing above gives us momentum advance Previous support/resistance level rejection Trend line rejection

samgeorgev

gbpaud Daily momentum down 15 momentum down MA50 rejection Slowing down + pin bar Closing below gives us momentum advance

samgeorgev

audjpy long trade RSI below 20 Daily momentum up 1H momentum up Price rejecting trend line Price at previous support/resistance level Pin bar + closing above on 15m chart 61.8% Fib Retracement

samgeorgev

usdjpy short Daily momentum down Strong support/resistance break retest MA 200 Rejection Slowing down plus dodji Forming lower lows

samgeorgev

USDCHF short scalp Strong resistance level Potential institutional orders flow Short the exact top and use trailing stop of 5 pips

samgeorgev

XAUUSD short scalp 15 momentum down Previous support/resistance level break-test Pin bar rejection Closing below low gives us momentum advance

samgeorgev

usdcad long scalp Strong support resistance level test Pullback in-between MA50-MA200 MA50 Rejection Pinbar + closing above high gives us momentum advance 1:1 short scalp reward When price hit half of the target , stop loss to be reduced half as well.

samgeorgev

usdchf short trade Strong support/resistance level test Pin bar rejection R2 Pivot point Rejection 61.8 Fib Retracement

samgeorgev

eurjpy short trade Daily momentum down 1H momentum down 50MA rejection Previous support break test (resistance now) Pin bar rejection Daily pivot point rejection Closing below low gives us momentum advance 0.382 Fib Retracement

samgeorgev

GBPUD short trade MA200 Rejection Daily momentum down 1H momentum down Pin bar rejection of strong support resitance level Trend line 1:1 risk reward