The currency pair has corrected some recent declines (1,1417-1,1235) and reached the level of 1.1303. Strong resistance remains the 1.1330 level (minima of 6 June). If the demand side will lead to a break in / at resistance will be open way toward 1.1376 and 1.1417. The signal for a stronger upward movement may be weaker data from the US. Otherwise, the supply...
AUDUSD Price is at a zone, Watch out for bullish evidence and a potential move to the upside from this zone. However if the price go through this zone you can expect it to go as low as 0.72 Happy Trading PS:Guys, as you all know at the moment we can only share our ideas on Twitter and stocktwits, i have asked tradingview to add Facebook and linkedin to that...
Price did an awesome job of reloading into Daily, 4 hour, 1 hour supply zone confluence. Now I'm waiting for price to confirm this level then will look for the short back down to weekly/daily demand.
I'm looking at shorting the AUDUSD as price as confirmed the Daily supply level and has formed 2 60min resistance zones to confirm this move to the short side
USDJPY Price approaching strong support zone , Watch out for bullish evidence and a potential move to the upside from this major zone.
After confirmation by PA we can possibly see a nice short entry in the bouncing zone Price broke trendline ...lets see if it can pullback on it
After Stops were taken out the Bouncing Zone will send us down ....
Movement of growth that occurred in the last two days we can qualify as a correction of the recent declines. Currency pair found support at 1.1129 while strong resistance level remains 1,1213-16. (For the record, let me add that these are minimums of 23 and 25 April. In addition, this level coincides with the 38.2% fibo increases from 0.8231 to 1.6038 level, which...
The technical situation on the main currency pair has not changed. The preferred option remains further declines towards lower price levels. Until then we may be witnessing the development of movement correction toward resistance 1,1256-82. Support for this view may be better readings from Germany. It should however be noted that after adjustment, the supply...
I show three harmonic patterns currently in play for BTCUSD - Bullish Crab, Bullish Gartley, and Bullish Deep Crab. Both of the Crab Patterns have yet to complete (reach point D). The Gartley has completed D and tested every point of its PRZ (enter on test of bottom of PRZ), so we await to see if one, or both, of its targets will be hit (as the Gartley stop-loss...
Currency pair after the recent declines and reaching the level of 1.1179 is currently in revision. Demand side should lead to increases in the vicinity of 1,1256-82 (the upper limit of the downward channel, and a minimum of 13 May, which coincides with the 23.6 fibo of 1.1617 drops to the level of 1.1179). For overcoming w / w resistance demand may even reach the...
Price broken below 159.99 level, after showing indecision... Expecting an exsplovie move back to 158.11 area 200+ Points 1:2 + further targets?
AUDUSD movement did not manage to reach the correction anticipated. Instead it continued lower. Still, price may post for awhile around 0.7155 area before correction starts. eeetradinganalysis.wix.com
Formation of the wedge ending growth. Open position after breaking the lower limit.