As we look at the higher time frames, Price is currently in an exhaustion phase as price is testing Fibonacci levels of 50%, 61.8%. on the weekly chart. As we move to the daily chart we see that price has printed a bearish engulfing bar representing bearish pressure coming off these Fibonacci levels. As we take a closer look we see that on the 4 HR chart price has...
Finally the time has come! On the the weekly and daily time frames we see price has printed a higher high and has broke out of our weekly squeeze. We look to take advantage of longs after price comes down to print a higher low and retest our daily trend line before heading back to the upside. Patience will be tested in this pair. Opportunities for long entries may...
As we take a look into the weekly and daily time frames. Price is currently stuck in a squeeze looking to test the upward channel. Last week price broke to the upside against a short biased market. Price is currently at a liquidity level in the market. Price failed to break more the the upside to create a new higher high. As we look towards the daily chart we can...
Price has been moving to the downside of the daily channel for 2 weeks now. Price last week was stuck in consolidation until price broke to the upside printing a bullish engulfing bar and a lower low on the daily time frame. Price is currently in exhaustion. Looking to capitalize on longs this week as price looks to retrace back up to Fibonacci levels, 61.8% to...
The Euro has been falling for a couple days against the Loonie. Last week price got stuck in consolidation before breaking to the upside. On the larger time frames price seems to be in exhaustion looking to retest Fibonacci levels before making another push to the downside. This week we look to buy the retrace as price has clearly printed support levels....
Strong bullish pressure has came into play creating possible double top on the Daily Chart. In the previous weeks we see price creating a nice rising wedge pattern. This is where we see bullish volume depleting. Finally we have a break of bullish uptrend. Looking for strong bearish pressure to come in to play. Looking for further downside. Confirmation for entry...
Price is currently at major resistance area. Price is currently bullish respecting bullish uptrend on Daily Chart. Looking for potential short from resistance down to bullish uptrend. Looking for confirmation on lower time frame before entry. My post are for educational purposes only. My post are not signals. Trade at your own risk! Happy Trading!
In previous weeks price respected Fibonacci levels creating a support. Looking for further upside this week to area of sensitivity around 75.653 before receiving bearish pressure. Price is currently bullish respecting a bullish uptrend. Looking for price to retest resistance area around 74.256 before heading back up after creating support from previous...
Price last week has respected Fibonacci levels of 61.8% with strong bullish pressure coming from this area of sensitivity. This week we should see bulls assert their dominance and continue this uptrend. Looking for possible long after price breaks resistance and comes back for a retest creating a support. Confirmation is always needed such as bullish engulfing bar...
Price is currently bullish, respecting a bullish uptrend. price ended last week with a clear bullish engulfing bar on the Daily Chart. Looking for long positions around 109.293 after price comes down to retest previous resistance creating a new support. Looking for engulfing bar or pin bar on lower time frame to confirm entry. Looking for price to reach area of...
Price is currently bearish for some time now. Looking for further downside this week. Looking for confirmation before entry such as bearish engulfing bar or pin bar. My Post are for educational purposes. My post are not signals. Trade at your own risk! Happy Trading!
Last week price struggle to break through daily resistance and has tried multiple times but has been failing to do so. Price is in exhaustion phase. Looking for possible shorts this week. Looking for confirmation such as pin bar or bearish engulfing bar on lower time frame. My post are for educational purposes. My post are not signals. Trade at your own risk!...
Last week price tried several times to push to the downside but struggle to break through daily support. Price imprinted a bullish engulfing bar on the 4H Chart by the end of the week. This week anticipating a long position after a retest of previous resistance creating a new support. Looking for price to retest neck line again of double top pattern imprinted on...
Last week price came up to retest Daily area of sensitivity. Last week ended with a Bearish pin par on the daily chart. There is evidence of lower highs and lower lows printed on the 4H chart. Also we see a nice break of an uptrend as well, possibly indicating the bears are in charge. Looking for short positions after price pushes to the down side and retest...
Last week USD/JPY struggled to break through key resistance area printed on the daily chart. We do have buy pressure as a head and shoulders pattern has printed representing bullish pressure. Looking for long positions once price has pushed through key area of sensitivity around 108.855 and retested this area creating support from previous resistance. Looking for...
Last week NZD/USD got stomped out at daily resistance very quickly making a move to the downside. Price is looking to retest area of sensitivity around 0.63254 establishing previous resistance into support before the bulls take charge sending price to the upside. Looking for confirmation before entry such as bullish engulfing candle or pin bar signify that bulls...
Last week we saw price reach daily resistance and is now making a move to the downside. This week Price is potentially making a retest around 068031 area of sensitivity before bulls take over again pushing price back up to daily descending trend line and daily resistance levels. Looking for long opportunities around area of sensitivity. Possible bullish engulfing...
Last week we saw price making a return back to previous resistance which may become support. This week price is looking to retest major area of sensitivity on the daily chart around 1.10745. Looking for long opportunities around this area of sensitivity. Looking for bullish engulfing bar or pin par as confirmation for entry. My analysis are for educational...