Great Pullback on the 50EMA and Pivot, deceleration present. What do you think ?
Great deceleration Weekly and daily. Not a surprise as we were driving into trendline resistance. USD pullback in most of the pairs. Great break of the 4H EMA and trendline
Be carreful on the brent, seems too early to jump into on a long trend. Watch for some more deceleration on the next three days !
Short Term position. Daily just double pullback from broke of the trendline. High rejection of the 50EMA but as well 200EMA. 4H reacted to the resistance and to 200EMA. 1H H&S formation where the 1H just closed below breaking 50 and 200 EMA. Comment and like ! Protect your Stop Loss ----- > safety
Monthly can seems as much an H&S than an inverse H&S. However we seems to have in the long run a rounded bottom. Weekly up trend since the beginning of the year. Seemed to have pullback on the 61.8% Fib retracement, rebounding on previous resistance. Daily closing above the channel. Breaking the 4H channel, 4H 50 EMA.
Lot of support EMA/support and low test candle // rounded bottom ---> Be prepared for a bullish months !
Be prepared for this month to see some reversals ! Comment & Share !
watch for a bull formation can take some weeks... Share and comment !
Watch for great decelaration carreful in entering too early, patience until it shows great turning comment and share !
Do not open position if the pullback is not decelerating !
USOIL gave a push to the EURAUD, watch to enter in the pullback
Great confluence to the downside, must break tones of EMA and trend line to be proven wrong
Broker LT long term, low test + engoulfing great confluence on the W + D
Based on the H&S 4H chart formation, Daily and 1H are clear as well. 15M just break out the 20/50EMA
inverse H&S on the daily + 4H + 1H However, pression to the upside on a weekly timeframe so not willing to take a LT position
inverse H&S on the daily with a high test candle, inverse H&S on the 4 and 1H chart, great confluence to the downside However, LT up trend on the daily and weekly that does not let me take a LT position Quick 1% from pullback