NoCeilingsTrading

NoCeilingsTrading Updated 

Monthly Time Frame Price made a bearish push until it closed as a doji candlestick found support at the weekly demand zone then made a bullish push After the bullish push price met resistance at a weekly supply zone ultimately forming a high. Price then began to sell off (retrace). Weekly Time Frame Price met resistance, formed a double top, and closed...

NoCeilingsTrading

SL: 1.06500 ENTRY: 1.07626 TP: 1.0 After an initial bearish move price found support at the monthly demand zone and also respected the 1.05 quarter point & monthly trend line. This ultimately formed a higher low and a continuation of the overall bullish trend. Price then began a bullish move until it met resistance at a weekly supply zone and created a...

NoCeilingsTrading

-Price has been in an overall bullish trend -Price then met resistance at a weekly resistance/supply level. -Price met resistance and formed a double top candlestick reversal pattern, hinting that price was ready to make a reversal. -I am looking to go long once price either close as a reversal candlestick and/or form a candlestick reversal pattern on a lower...

NoCeilingsTrading

-Price previously sold off and found support at the 1.85 QP level -On the weekly TF, price closed as an indecision candle/morning star candlestick pattern, hinting that price was ready to began a bullish push. -On the daily TF, price formed a double bottom, then made a bullish push before reaching a resistance/supply zone. - I am anticipating price to make another...

NoCeilingsTrading

- Price is in an overall uptrend, creating higher highs and higher lows - Price made a bullish push and broke above the initial resistance/supply zone (blue rectangle), which now acts as a form of support/demand zone. -Price previously closed as a hanging man candlestick pattern which also hints at a possible reversal. - If the next candle ends in a bearish...

NoCeilingsTrading

- Price is in an overall bearish trend. -Price then found support at the monthly demand/support zone. -After finding support price made a bullish push, which also serves as a retracement. -Price is also currently respecting the 50.0 fib level. - I am anticipating another bearish move and will watch the 4hr time frame for a candlestick reversal pattern before...

NoCeilingsTrading Updated 

just now -Price initially made a bearish move, formed a Lower Low (LL) that respected the 0.6500 area and created a double bottom. - Price then made a huge bullish push, and broke above the previous Lower High (LH) and created a new higher or Higher High (HH). - I am now expecting price to form a candle stick reversal pattern (double top) on a lower timeframe...

NoCeilingsTrading Updated 

-After the most recent bearish push, price found support at the .6000 area and formed a Lower low - Price found support and formed a double bottom, which is a candlestick reversal pattern and made a bullish push. -Price then met resistance near the .62500 area and formed a somewhat doji candlestick, showing indecision and hinting at a possible reversal. - I am...

NoCeilingsTrading Updated 

- Price is overall in a bullish trend forming higher highs and higher lows. -Price then met resistance at a supply zone which also coincide with the 97.5 minor QP point. -Price also closed as a doji/evening star candlestick (pattern) on the previous day. -I am anticipating price to sell off and retrace to test near the 50.0-61.8 fib level, which will create a...

NoCeilingsTrading

- My overall sentiment of USDCHF is bearish. -Price previously made a bearish push that broke the neckline of the double top that was formed. - I expect price to retest the neckline area which also aligns with the 50.0-61.8 fib levels as well as the .9000 major QP.

NoCeilingsTrading

DXY has been in a bearish trend. After the previous push to the upside price formed a Double Top, which is a candlestick reversal pattern. Price then broke the neckline of the double top, retested the area meeting resistance and began another sell off to the downside. Ultimately, forming a lower low. I am now anticipating price to form a double bottom (bullish...

NoCeilingsTrading

I am anticipating NZDUSD making a retracement. -Price intitally made a bullish push -Price then met resistance around 0.6500 level and formed a Double Top. -A double top, is a sign of potentail bullish exhaustion and a possible reversal. -After price tried to break the level, price then closed as a reversal candlestick, followed by a large bearish momentum...

NoCeilingsTrading

-Price found support at the monthly demand zone and formed a double bottom. -Price then made a series of Highs and Lows as it began it's bullish push -Price then met resistance and closed Friday candle as a doji, hinting at bullish exhaustion. -The large bearish candle of today closing further confirm that price is ready to make a move to the downside. -Price also...

NoCeilingsTrading

- Price met support at the monthly support zone and formed a Triple Bottom/ Double bottom, which is a bullish reversal candlestick pattern - Price then made a huge bullish push where it eventually met resistance at the weekly supply/resistance zone. -On the daily timeframe price sort of formed a doji, signaling bullish exhaustion and a H&S on the 4hr time frame,...

NoCeilingsTrading

- After the completion of the huge bullish push, price met resistance at the monthly supply zone. -On the daily price closed as a doji, signaling that the bullish momentum is exhausted and a potential bearish move is expected - If you drop down to the 4H timeframe, you will notice a double top formation, this formation along signifies a bearish reversal...

NoCeilingsTrading

- After the previous bullish momentum price eventually met monthly resistance. -Price then began making Lower Highs and Lower Lows, before the huge sell off. -Price then found support at the weekly support/demand zone and formed a double bottom (bullish reversal pattern) -I expect price to either met resistance at the neckline or perform a break and retest. - A...

NoCeilingsTrading Updated 

- Price made a bullish push from the previous low and reached the monthly resistance zone. - Once price reached an area of resistance, it appears that price formed a double top (which is a reversal pattern) - I expect price to begin selling and find support at the neckline or break and retest the neckline before continuing to fall and test the previous higher...

NoCeilingsTrading Updated 

- I am expecting some bullish pressure of the USD this week. - Price may may a final bearish push that may create a bearish reversal pattern, testing the below area of support - From there price will test the previous area of support which created the above head and shoulder (or triple top) before it broke below. -This move is just a retracement to test that area...