BEARISH EURUSD 1H: Support becoming resistance. Wait for bearish price action. (Analysis Based on 1 hour chart) Criteria 1. Sell at daily Support/Resistance 2. Sell at daily swing low 3. Sell at channel high NOTE: Wait for price action to confirm the importance of these levels. NOTE: This is a counter trend oppertunity based on my daily outlook
GBPUSD 1H: BUY support/channel bottom and SELL resistance/channel top (Analysis Based on 1 Hour chart) Criteria 1. Long term up trend 2. Short term down trend 3. Daily support/Resistance 4. Weekly swing low NOTE: Wait for price action to confirm the importance of this level.
GBPUSD 4H: SELL channel top and BUY support (Analysis Based on 4H and 1H charts) Observations 1. Long term down channel 2. Short term up channel 3. Daily support/resistance 4. Weekly swing low 5. Hour resistance NOTE: Wait for price action to confirm the importance of this level.
BEARISH EURUSD 1H: Sell bearish price action in KILL ZONE (Analysis Based on 1 hour chart) Criteria 1. Sell at daily Support/Resistance 2. Sell at daily swing low 3. Sell at channel high NOTE: Wait for price action to confirm the importance of these levels. NOTE: This is a counter trend oppertunity based on my daily outlook
BULLISH EURUSD DAILY: Bullish Gartley pattern at market (Analysis Based on Daily charts) Criteria 1. Up trend on the Daily chart 3. Price at daily support level 4. RSI hidden divergence 5. Gartley pattern terminating slightly below channel lows NOTE: Wait for price action to confirm the importance of these levels.
GBPUSD 1H: BUY support and SELL channel tops (Analysis Based on 4H and 1H charts) Criteria 1. Up trend on the 4H chart 2. Down channel on 1 Hour chart 3. Weekly support/Resistance 4. Daily swing low NOTE: Wait for price action to confirm the importance of this level.
BULLISH EURUSD (15 Min UP CHANNEL) (Analysis Based on 15 min chart) Criteria 1. Up channel 2. Up trend on 15 Min chart NOTE: Wait for price action to confirm the importance of these levels.
EURUSD Bearish BAT PATTERN on 1 hour chart X@1.11400 (Analysis Based on 1 hour chart) Criteria 1. Bearish BAT harmonic pattern completing at Daily Support/Resistance zone 2. Down trend on the 1 hour chart NOTE: Wait for price action to confirm the importance of these levels. This s a counter trend trade based on my daily outlook.
BULLISH EURUSD: Price at daily channel lows (Analysis Based on Daily charts) Criteria 1. Up trend on the Daily chart 2. Price at daily channel lows 3. Price at daily Support/Resistance level 4. RSI was oversold at channel low 5. Gartley pattern terminating slightly below channel lows This makes my proposal yesterday to sell between 1.110xx and 1.113xx a counter...
BUY USDJPY at support (Analysis Based on 1H charts) Criteria 1. Up trend on the 1H chart 2. At weekly Support/Resistance level 3. RSI was oversold at swing low NOTE: Wait for price action to confirm the importance of this level.
BULLISH price at support (Analysis Based on 4H and 1H charts) Criteria 1. Up trend on the 4H chart 2. At channel bottom 3. At weekly swing high 4. RSI was oversold at previous swing low NOTE: Wait for price action to confirm the importance of this level.
BUY GBPUSD at channel bottom (Analysis Based on 4H and 1H charts) Criteria 1. Up trend on the 4H chart 2. At channel bottom 3. At daily support level 4. RSI was oversold at channel bottom 5. Slight hidden divergence NOTE: Wait for price action to confirm the importance of this level.
SELL EURUSD between 1.110xx and 1.113xx (Analysis Based on 4H and 1H charts) Criteria 1. Down trend on the 1H chart 2. At channel top 3. At daily support/Resistance level 4. Advanced harmonic pattern (Bearish Bat) 5. RSI > 60 NOTE: Wait for bearish price action to confirm the importance of this level.
The overall trend on the DAILY chart is still bullish with lows at 1.44258. On the 23th, 24th as well as today (25th) the market tested this area but still failed to close below. Until there is a break and close below this price (on the daily chart) I will still look for buying opportunities at key support zones. On the 4H chart we have broken and closed below the...
The market has found support (again) at 2.026xx illustrated by the DOUBLE BOTTOM. Using the 2618 trade setup I will buy the 61.8 fib retracement of the double bottom if the price gets to this level. 1. Stops will be placed at the 1.13 fib drawn from point C to B. This places stops below the support zone. 2. Target 1 is slightly below the candle high at point C. 3....
1. If price reaches the completion of this GARTLEY pattern I will sell. There are three structure highs close to the completion point of the pattern. 2. Stops will be placed above the highest point which is also the A point of the potential BULL BAT pattern. When several highs are close together the highest point often gets tested. 3. Target 1 is slightly above...
1. If price reaches the completion of this BAT pattern I will wait for a reaction (Engulfing bullish candle, Tweezer bottom, etc) within the PRZ. This entry zone has acted as support in the past. It is also at a 1.272 fib inversion. 2. Stop is placed at the 1.13 fib extension of the XA leg. 3. Target 1 is below the 38.2 retracement of the larger down move and...
Stop is placed at the 1.13 fib extension of the XA leg Target 1 is at the 38.2 retracement of the CD leg. Target 2 is at resistance at the C point. Target 2 stops are trailed using the DNC indicator. Both stops are moved to breakeven when target 1 is hit.