Price has been in an ascending channel on the 4hr tf after rejecting a strong support. Trendline had been respected many times and pushed to make higher highs and lows. Currently rejecting recent 764 fib zone and price broke resistance on the 3hr time frame. DXY also rejecting from 95.770 which means AUD may gain strength here as the dollar retraces. Extended...
Price broke structure to DownsIde last week, breaking support at 156.000. It has now retraced and made a lower high. At 50 percent fib retracement. Price broke the previous daily high and then closed back below on the 30 min tf signifying bearish pressure. I suspect this was a liquidity grab. Anticipating a drop to retest 156.000. Also the daily candle has no wick...
PRICE rejected daily 764 fib yesterday and broke resistance to upside. Today price retraced and found support at 1.24800 significant zone. USD CAD heavily oversold, anticipating positive US news today. DXY is also at key support zone and broke descending trendline on 2hr tf indicating bullish pressure mounting.
Price broke out of strong resistance yesterday and buys were taken. Price has since retraced to retest this level at 1.26535. Bullish divergence on 4hr time frame. Double bottom on 15 min signifying bullish momentum. Sale in opportunity validated.
price dropped to previous buy zone, retracement expected. bullish divergence on hourly, strong bull candle showing momentum shift.
Gold in ascending channel. Retracement to 768 fib level. Support zone on left. Buys taken anticipating a bullish move during london to retest 1830.
Previous weekly candle closed bullish out of a consolidation range. This weeks broke the lows of previous but did not continue dropping as it retested that weekly consolidation range. Head and shoulders on hourly, Anticipating a bullish move up into 1.13500 with potential to swing further.
Price rejected 156 last week and we had a drop yesterday which broke structure to downside. Price has since retraced and grabbed liquidity from 156.000 again. Higher timeframe overdue for retracement. Anticipating another sell off from this area.
Giving this swing a try, high RR potential. Price had a big retracement to the downside yesterday, but is now respecting a strong 4hr zone, trendline confluence as higher low. Double bottom on 1HR timeframe.
Price rejecting resistance. Good news for USD. Anticipating a drop.
simple fib long. Weekly fib respected 768. hourly fib respecting 618. anticipating bullish move. December market so reduced risk.
Massive rejection to downside with 4hr closing strong bullish, anticipating continued strength thoughout NY.
, resistance rejection. Hourly broke below support.
Price has fallen to significant level of support and seemed to break this level at 1.85800, but failed to continue as bearish momentum died out. Price has since been moving up shich suggests that the bearish break was a fakeout to entice sellers. Currently at the 768 fib level on 4hr tf. Bullish divergence on RSI. Anticipating a push toward 1.87000.
Price failed to break 1777 yesturday and we had a push up to retest 1785. Price once again failed to break this level as there are signficant sellers in this zone. Giving gods another chance, still anticipating a drop toward 1770. Caught fibonacci entries on 30 min tf.
price rejected bearish trendline, hourly broke previous lows, expecting a correction.
Lower lows n highs on higher tf. bearish trendline respected. 30MIN breaking support momentum should follow through and bring price down to mirror move up.
Bullish hourly close off the 50 fib level, caught entries on the current candle retracement, anticipating price to test the top of wedge/ flag. Caution nfp news due.