4Hr Trade Daily Buyer breach looks strong and has entered weekly sellers breach zone. There is plenty of room to reach the ceiling. Im watching for a dip to enter long buy BUT it may just go there without testing but Id be surprised if it did. Strength of USD still strong and CHF has been consistently neutral
Although we're in a 4hr and 1 hr downtrend, price looks to be seeking out the outer channel line for support, as well as the green dotted support line where daily and weekly buyers live. These buyers have breached from here previoulsy as well as bounced price from here. This green line is representative of very good buying value, this should be your target entry...
Strong bullish momentum is trending price up into the sellers breach zone which should cause a price surge. At the moment its still looking like buyers have control, despite some seller retracement. BUT this breach takes price into a strong sellers resistance zone so although buyer momentum MAY breach and take it us up there I expect price to return downwards...
Risk Reward 2.5 Strong bullish candles right now on 1hr show theres some buyers still around and looking to re attempt higher. With any luck it can reach sellers zone where I'll be looking for an entry to sell. Caution this may take another 12 or so hours to develop and may not at all. I'm not as confident on the buy to get to that zone so I wouldnt try and...
Risk Reward 4 4 Hour is a Sellers Market 1 Hour Trade As anticipated the buyer run is finding exhaustion at previous breach levels where the 4hr seller lives. It will either shoot up to retest this breach line soon or will loose more steam first and then test this higher level again. When it does spike it shouldnt go to the top zone but you never know so...
Seller zones have been breached and the mini trend is up towards the larger 4 hour seller. Looking to Buy the Dip slightly lower than current price level areas as it should retrace some at current breach zone. Then go long to higher zone. The NZ Election results will be finalised in the coming day or so which will re strengthen the currency. NZ has one of the...
Price has breached strongly upwards and now finding a little exhaustion in a strong seller zone. Watch for developing ranging and possible opportunities for scalping on the dips. I expect ultimatley for the larger trend to win out.
Risk Reward 2 Strong Res Level and part of the larger DOwn Trend and resistance is being tested now. 1h hr timeframe has breached up into the sellers resistance zone as marked on chart. WAIT for signs of buyer exhaustion here. It may shoot through with fakers before retracing back downwards with the larger trend. Once exhaustion is clear, look to sell down...
After a buyer run and significant breach of seller zones, we have some signs of buyer exhaustion setting in This is partly due to 4hr and daily time frame sellers causing this resistance levels. The strength of the current run though is strong and in the larger context valid. A retracement will present a good opportunity to profit on a Risk Reward of 3. Im...
So long as the green daily buyers breach holds as support then this trade setup is looking good. 1. Buy. RiskReward 5.3, Try to get a buy entry as close to the green line as possible and look for top of range for TP. 2. Sell. RiskReward 2.3, Buyer exhaustion should set in around the top red dotted line and a sell off will kick in. This will shake out stop...
********** This is my own analysis as an amateur, DO YOUR OWN RESEARCH. I put it out here in the hope of critique and suggestions from experienced traders - thank you in advance ******** Monthly Note to Self: MASSIVE Buyers Market, Breach Zone '1.11160' - '1.14500' ( current price '1.17600') It took 2 years of ranging and four attempts to finally breach into...
4 Hour big boy trend is currently sellers market but retracement at these levels is possible given previous price action so be on the lookout for a buy Trade 1 Risk Reward 2.9 If it closes in the region of 1.25240 be on the lookout for a long trade and then a second as marked on the charts. Trade 2 Risk Reward 4.3 *Risky* Must wait for confirmation. Chances of...
CLosing above 1.1800 is a good bullish sign for longer time frame. Use a tight stop loss on previous breach and target previous highs where sellers kicked in. 2.6 risk reward
Daily, 4hr, 1hr are uptrends. 4hr + 1hr support zone 112.266 to 112.586 Looking to use the mini down trend (15m) to get a good buy entry. Waiting for this to happen now. If it falls into support zone then the should be enough upwards momentum to carry the price higher, at least to previous recent highs and beyond. BUY Trade Entry Zone 112.300 - 112.600 SL...
Major Trends, W, D and 4Hrs are ALL still down trend. Once 4400 is reached, look for retracement and potential start of a swing downwards back way down to potnetially v low support. If it breaks 4400 it should seek out prevous highs on its way upwards. HOWEVER this is not yet confirmed and chances of bounce and potential ranging off 4400 is quite possible given...