Nallyfx

Nallyfx

Hello guys so we can see weekly we have a red trendline acting as resistance 1 and daily we moving bullish in an ascending channel then 4 hour trend is respecting ascending trendline that is yellow plus we have a resistance on 1 hour where we currently at. So we looking to break structure our continuation symmetrical triangle pattern plus resistance if we close...

Nallyfx

From what i noticed weekly we in consolidation but have tested resistance and now market is going short , we tested that daily support and market reversed but now since it has tested that 4 hour resistance im looking market to go down break that 4 hour trendline test that support level bounce back to retest trendline before going down towards our daily support...

Nallyfx

I noticed we just tested the 4 hour trendline acting as support and theres a double bottom pattern so this presents strong buy opportunities.

Nallyfx

Currently we tested weekly resistance and faced rejection ending up to formation of a reversal pattern rising wedge so we expect now prices to break below and present selling opportunities with 110:329 as enterance , stop loss 110:469 and 108:566 as target .

Nallyfx

We realized that we did hit level 1832,19 and failed to breakthrough and currently we moving a bearish trend channel and prices are currently being rejected on that upper trendline so as previous we expecting prices to go down the same manner .

Nallyfx

As we noticed this pair has tested the daily resistance and was reversed in form of a bearish engulving pattern , now its moving in a downward trend channel creating lower highs and lower lows , i anticipate since it has tested that 4 hour trendline acting as resistance price will move towards the down side.

Nallyfx

As we can tell we have a strong support on the daily timeframe in form of trendline and a strong resistance 1:18842 , moving to 4 hour timeframe we can see price is still going down in a nice trend channel am expecting price to test that resistance in form of trend line then revert down as facing rejection but if prices decide to go down further and break that...

Nallyfx

As we see price is going up within trend channel it might happen it breaks level 110.415 and bounce of level 110.277 to retest previous level 110.415 then after that a downward movement towards level 109.704. Leave comment below and like .