Really retest of the broken support, now being reistance. should go lower from there. but we will seeee..
Divergence on the 4H TF showing signs of a reversal of the trend to upside. Also, USDJPY shows no stopping on the drop that has formed over the last weeks. So the confluence is there. But we have yet to see a confirmation that market shifts towards bullish momentum.
Price broke out of a falling wedge. Made higher highs and lows now it is retesting the box. Could be a long term trade, like 10R but I will see how it goes...
As mentioned in the title, the setup is pretty simple. I found a strong divergence and I entered with the momentum of the London session. The divergence is confirmed on Both MACD and RSI indicators and the overall structure in the market. Tell me your thoughts. Dimitrisbetfx
This is my AUDNZD Long Idea I am expecting it to push upwards in the next weeks. We'll see what kind of price action we get through today and then I'll make a new video explaining the next move. Peace! Be you! Be supreme!
These are my analysis for some of the markets that I follow.
On the 1H timeframe there is a short term buy opportunity as we retest the previous Higher Lows to create a W formation. The circled Green candle is the one does not fit with the previous trend that is why this makes me think this will be a resistance level. On the 4H we see clear divergence forming on the RSI. The overall trend is Down ...
I took them today. I saw divergence. Will keep you updated
Holyyy we got what we wanted Traders! I'll link below my analysis I shared earlier today! I am WAITING again, for price action to complete the retest of the level and then enter for a good long 1:3 RRR.
Hey traders! As I shared earlier this month, I am extremely bullish on GBPUSD for the long term. I use here the Daily timeframe to demonstrate the potential of upside this market still has. Now I am currently waiting for this move to be completed so i can enter safely with a 3 RR trade.
Have a great Week Traders! I'm waiting for price to close above the box to see continuation until 35k or even more. Failing to break that level will possibly mean a reversal and I'll be looking for sells!
GBPUSD rejected the downside momentum and continued upwards. Currently I am waiting for a close above the blue level and retest and rejection of that as well to be sure that price will continue its upward movement. I am neutral at this point and I am waiting on Price action.
As I shared earlier this month Oil gave us the downside that we wanted. Now it's all about that long guys and gals! Below there's my previous analysis.
On NZDUSD I see only buys for the price action needs to complete this W pattern for it to continue to the upside!
AS WE CAN SEE, PRICE FOUND SUPPORT ON THE MONTHLY TIMEFRAME AND RETRACED BACK UP. I'M WAITING TO SEE IF THE PRICE WILL BREAK AND RETEST THE ORANGE BOX. IF SO, I WILL ENTER A BUY. THIS IS THE DAILY TIMEFRAME I USE TO FIND MY BIAS. 4H TIMEFRAME WILL DETERMINE MY ENTRY, AND WITH CONFIRMATION FROM THE 1H, 30M, 15M, I WILL MAKE SURE THAT THE PRICE WILL MOVE UPWARDS....
For USOIL, on the Daily timeframe Rsi is stupidly over bought. The way I see it, price is more likely to pull back this week as it's been consolidating for the past 3 days. If it breaks below 72.00 Further downside is expected.
MAJOR resistance level is hit this week by CURRENCYCOM:US30 I want to see price forming some consolidation before plunging down to the first red level. If it breaks below it further downside is expected.
GBPUSD (YOU DONT WANT TO MISS THIS) FX:GBPUSD