DBLHLC PA signals twice in the past week or so on D1 chart. Along EMAs, trendline , and SR line, which will act as resistance. Daily trend is bearish . Low risk, not much in the way of the trade until the next SR. Gov . shutdown, trade war, Fed announcement, a lot of fundamental factors dragging USD down right now. Seems like a good trade, I'd definitely give it...
On D1 - NZDJPY DBLHLC and BEOVB in the past several days, could be start of new bearish trend - after bullish trendline broke. There is resistance at broken trendline and SR at 77.75. Strong bearish volume a few days ago. Right now there is a reversal to break of trendline so could be a good entry retracement. Entry is along SR, Trendline, and EMAs. NZD had a...
Pinbar reversal candle on 200ma, trendline, and support level. RSI and MACD looking favorable.
GBPJPY short. Pinbar reversal on the D1. RSI is favorable. The price right now is crossing a trendline, also a resistance level - also S1 pivot and .618 fib level. Don't feel 100% on this trade since GBPUSD falling could influence it.
Pinbar reversal forming on the D1 for AUDUSD at the .7503 support level. MACD and RSI indicating oversold. It's retesting the old trendline - if it breaks the trendline, it would be further confirmation of an uptrend.
On the W1 a pinbar formation at the 200 EMA, indicating bearish reversal. doji or pinbar formed in the past 24 hours on D1 to confirm bearish reversal. Also crossing 50 and 20 EMA and Vwap on lower timeframes. Very strong bearish volume in the past few hours on H1. Also RSI very overbought on D1.
EURJPY broke a 1 month+ old bullish trendline and support level, can be sold. On the H4 last hour closed with a Bearish Outside Reversal Bar pattern, indicating break of the 131.6 support. Support also is on the .5 fibonacci level, I'll be targeting the .5 fib level for TP. MACD and RSI indicating overbought, also crossing VWAP downward on the H1.
The .50 Fibonacci level is right on the .920 support level. The pair is trading in a bullish parallel channel right now, if it stays in the channel it will range until it hits the .50 fib/.920 support level, then I expect to continue the trend inside the bullish parallel channel. At least to .618 or .768 Fibonacci levels. 50 and 200 EMAs have already crossed on...
EURUSD is looking very bearish , having broken a 2 month wedge/triangle formation on the downside. Price is below 50 and 200 EMA. 4H looks bullish, but overall bearish - so hoping to catch a price action reversal on the 4H at the 1.2550 resistance, or the 1.2890. MACD and RSI looking oversold, so will be trending up before going down again.
BOJ announcement doesn't seem to have helped the pair break resistance at 109.46, US GDP announcement may push it past this level. Price is moving towards middle of Bollinger Bands. Overall trend is bullish, but the pair is oversold on RSI and MACD, chance of short term correction to 109.06 or 108.72 support levels before resuming the uptrend? Chance for a...
Pitchfork formation shows 1.3886 for possible bullish swing. MACD and RSI indicating oversold, also some very strong bullish volume right now. As the price passes support at 1.3962, I'm looking for retracement and bounce off that level with price action candle formations for a good entry point.
GBPUSD is bouncing off the 1.40 support level - which has been an important level for several months now. A doji like bullish candle formed at this level after a bearing downtrend, followed by a new higher high on the following candle. MACD and RSI both indicating oversold. For added confirmation, the price is bouncing off of Bollinger Band walls and ready to ...
There's a pinbar candle at a very strong resistance line for BTCUSD, followed by a new low. RSI is indicating overbought, MACD looks like it's about to move down. The pinbar is green, but I'm still thinking shortterm bearish trade, as we're at very strong resistance, also at the end of a triangle pattern, price probably breaking out bearish. Price may fall past...
Specify a starting price, then an interval and Lookback window. The indicator will then plot a moving window of Murray Math levels above and below the current price.
EURUSD failed to break the 1.239 resistance, and saw the formation of a bearish indecision candle around the resistance level. New lows being formed and breaking a 3 week old bullish trendline. Took a short on this, price could fall to the .786 fibonacci level at this point or even to the 1.2299 support.
USDCHF formed doji like indecision candles and price has stalled at the .936 resistance area, after bouncing off a 2 month old bullish trendline. RSI indicates overbought, MACD MA's show a reversal is coming. Took a short on this.
Gartley pattern completed, expecting GBPUSD to fall. RSI indicating overbought, some bearish volumes on lower timeframe charts. Possible places for TP would be at the next support level, 1.41 or .786 Fibonacci retracements.
EURUSD formed an indecision candle at the resistance level 1.24165, price began to fall. RSI indicating overbought. Price touching the edges of Bollinger Bands, indicating a move to the center. Not a lot of bearish volume, but still took the trade as it seemed like a good priceaction reversal setup.