nachoneit

nachoneit Updated 

Daily price action made an inside bar right after breaking the 15 week ema and last low. Be careful as this could be a fake freakout on the weekly chart. Will wait for a lower time frame confirmation.

nachoneit Updated 

We could see daily price action bounce from the broken structure level and continue the bearish move. Will look for a lower time frame break of structure.

nachoneit Updated 

We are approaching the last daily chart low & EMA15 (value area), so we could see a down move. Will wait for a lower time frame confirmation.

nachoneit Updated 

Daily price action is sitting at last weekly high, we could se some bearish movement from here as we have seen a strong bullish candle. Be careful as the las daily bearish move was a powerful one, so we could se a further continuation to the downside. Will wait for a lower time frame confirmation.

nachoneit Updated 

Price in the daily chart is at a weekly area and made a pin bar, so we could see an upwards move. Will wait for a lower time frame confirmation.

nachoneit Updated 

As resistance becomes support, we could see a bounce from the last broken high and resistance. Will wait for a lower time frame confirmation.

nachoneit Updated 

Price surpassed previous daily high and seems so be rejecting this level alongside with the 15 day EMA. Wait for a confirmation before entering.

nachoneit Updated 

- In the weekly chart we are right at the 50 EMA and we have seen a strong retracement after touching it. - Price in the daily chart seems to start stopping near recent resuistance. - Wait for a lower time frame break of structure.

nachoneit Updated 

- Price is slowing down at bearish trendline, forming a double top in a weekly level. - Wait for a lower time frame confirmation.

nachoneit Updated 

- Price showing weakness at a recent resistance. - RSI bearish divergence. - Wait for a lower time frame break of structure.

nachoneit Updated 

Weekly chart couldn't break the low, daily is showing possible rejection. There is a positive correlation between EURCHF and TRYJPY (96% in the past month), TRYJPY already bounced with big green daily candles. We should wait for a lower timeframe confirmation before buying (entry, stop and target levels are just for guidance).

nachoneit

- After the retracement the price stopped at 61.8% and made a big green candlestick which may mean that we will see an upward momentum, however, the price has not reached the bottom of the channel so the price could continue to go down. - Wait for a lower time frame break.

nachoneit Updated 

We could se a bearish impulse as we have a strong bearish daily divergence right at a trendline and a resistance. We should wait for a lower time frame break of structure. Be careful as we have a W engulfing bullish candle right in the 50EMA.

nachoneit Updated 

W, D and 4h candles coudn't make new highs. RSI Bearish divergence. We should wait for a 30m/1h break of structure before selling.