Amiens_E

Amiens_E

A downward trend channel is forming with price at former support zone which is a potential resistance zone and (50-61.8%) Fibonacci Retracement. A long term order can be placed as soon as there's confirmation. Also watch out for stop hunts. I don't expect the reversal to be a smooth one

Amiens_E

The market is trending gradually and price is near the trendline. Just waiting for a valid price action signal to form at this zone. I don’t see any strong selling zone that would drive the market downward, however this last move might be the end of this bullish trend. This is a medium possibility setup

Amiens_E

This currently pair is going on a overall bearish move with some bullish retracement move on a weekly timeframe. I believe the it’s gonna start another impulsive move depending on what price action signal is formed at the strong resistance zone till the weekly demand zone is reached

Amiens_E

The market is ranging but we can still milk some profits not forgetting the impact of the NFP tomorrow, I’d say I expect a false breakout but price action signal is in line with the Bollinger Bands.

Amiens_E

If trendline is valid, an impulsive move isn’t on the way. It’s in confluence with 50-61.8 Fibo. Rtc. Waiting for a valid price action signal to form at trendline 2 TP’s

Amiens_E

Price at resistance zone TP1 and TP2 provided I expect sellers to take over soon

Amiens_E

Former support zones now becomes new resistance zones Price at a major turning point

Amiens_E

Former support zones now becoming new resistance zones, structure of a downtrend. Price is at a major turning point.

Amiens_E

EURJPY is going overall bullish. It’s better to trade an impulsive move but this retracement move can fetch us some pips. This is in line with the 50-61.8 Fibo. Rtc.

Amiens_E

Gold is forming a new short trend on the 4hrs chart. It might climb the middle zone or retrace and start a new trend on the trend line before going bearish back. My overall bias isn’t bearish but we can make some profits on this short bullish trend.

Amiens_E

I used trend line as my dynamic resistance zone This is in confluence with support zone which later become new resistance zone and 50-61.8% Fibo. retracement 3 factors in my favour, a high probability trade Just waiting for a valid price action signal to form at the resistance zone and price to price away on from the choppy zone on a 4hrs chart.

Amiens_E

Basic price action strategy I used trend line as my dynamic resistance line This is in confluence with support zone which now become new resistance zone and 50-61.8% Fibo. retracement. 3 factors in my favour, a high probability trade just waiting a valid price action signal to form at resistance zone and price should break away from the choppy area on a 4hrs chart

Amiens_E

Price action strategy I used trend line as my dynamic resistance zone It’s in confluence with 50-61.8% Fibo. retracement and former support zone which will now become new resistance zone. 3 factors in my favour, just waiting for a price action signal at the resistance zone