Bearish momentum in the 4 hr chart, we found support at 1.10696 than im expecting next week to have a pullback and a retest the previous support before it keeps decending breaking structure.
Strong bearish momentum im expecting a pull back to the retest of 0.63558 before dropping back down and hopefully breaking major level of support.
I entered this trade earlier at 82.523 and so far we are in profit. Simple support resistance setup i see lots of bearish rejection which is why i stay with a bullish bias. Im expecting to keep rejection to the downside and break resistance where my TP currently sits.
Strong bullish momentum falling into retest with lots of bearish rejection, I expect to extend upsite targetting 109.018.
Two possible scenarious here, on this daily chart i see a sign of bullish divergance meaning its gaining bullish strength as it breaks the main major bearish trend line structure. If it breaks the major resistance level we potentially have a long position. Second scenario would be is as a double top has been formed, it could potentially reject where its currently...
GJ - im looking to reject the retest of support/resistance before we bull farther upwards targetting 141.179.
We are really holding off to a strong resistance, with lots of bearish rejection on lower time frames, we are currently under presure but my bias is still the same, still waiting to see a confirmation before i place any long trades.
Looks like we have a nice A,B,C support/resistance structure, currently retesting previous resistance that now is supoort and i expect to reject this support zone giving us a long bias towards 1.75582 and 1.75898. Watch price action and candlestick behaviour
USD/JPY - has retested and rejected multiple times the major level of resistance of 108.500 i expect to fall and make its way down breaking previous levels of support of 108.100, 107.800, and 107.476.
Strong bullish momentum since the beginning of this month, we are currently sitting on our previous resistance level in which is currently under preassure at 1.10353 zone. Im expecting to see signs of bearish rejection at some point of the retest, if so, i expect to rebound from this this level upwards towards 1.10682 and 1.11100.
After a deal with china was signald gold drops as stocks rose. Im expecting to have a bullish rejection on the current retest of 1490.98 where we currently sit on. If it rejects the retest im expectiong drop to our lower support level of 1464.68.
So as we all know Boeing has really been in the spotlight as its been having terrible outcomes with the 737s and on friday, october 12, 2019 the CEO and chairman was stripped of his tittle. I expect on monday to start with a bearish candle and make its way down breaking support of 363.91 that keep falling to 351.20 and expect to have a retest.
News from trump of possible deal with china got us a nice drop right now its retesting my supoort level of 7822 if a bullish pinbar can form im looking for a possible long position back to our resistance level.
If we manage to close with a strong bullish candle or weak candle or a doji i expect to target 7822
I expect to have a pullback and retest support before we keep our bullish momemtum
Strong bearish momentum respecting the trend line, i expect to make another lower high and retest 1.09687 of resistance and swing back down towards 1.08000. I wouldnt try to catch the long swing as the market has such of bearish strength so best thing to do is wait to retest resistance and wait for rejection before going short for lower lows.
For this pair i see a possible SELL entry as we continued to respect the trend line previously and recently broke above it with signs of higher price rejection. I expect to make a swing down to 1.08433.
Looks like yesterday on friday we had a nice bullish pullback, although i wanna wait and see if we can reject resistance of 1.11211 before we drop.