aadeojo

aadeojo

RSI(5) at 45 leaning towards oversold, Also not a confirmed downtrend from last weeks uptrend. Looking for a continuation of an uptrend for next week. Consolidation of 9 day EMA and 25 Day EMA, due to indecision this week. Negative test of 50DAY SMA on 10-day chart

aadeojo

Since the markets are ranging, switching over to 1hr and 4hr analysis to outplay the day traders. They have taken serious control this week. False breakdown near the European open due to news, Day traders are silent as of now potentially waiting to take profits. RSI(5) on 4h chart is at 32 Bollinger bands are extended as well.

aadeojo

False breakout due to FOMC news by the United States Bolinger bands on 1hr and 4hr chart are over-extended as well as an overbought RSI reading Day traders should want to lock in profit soon and set the downtrend in motion

aadeojo

Potential Short XABCD Pattern, very symmetrical previous breach of 9 day and 25 day EMA on 1 Day Charts. RSI(5) and RSI(14) around 50, some indecision as of late,

aadeojo

Breach of 25Day EMA and 9 Day EMA on 1 Day Charts RSI(14) at 53 and RSI(5) at 50 on 1 Day Charts Fib Level looking to breach .382 Level FX:GBPJPY

aadeojo Updated 

Indecision for most of this week, RSI(5) at 24 on 1D chart RSI(14) at 40 on 1D chart Test of 200Day EMA on 1D chart Testing Suppor of Fib Level .382 Potential Buy opportunity for next week

aadeojo Updated 

RSI(5) at 72 on daily chart RSI(14) at 54 on daily chart retest of .236 Fib Level will wait to see this develop, possible opportunity for next week

aadeojo Updated 

Overextension of USD/JPY Fib level testing .236 and can possibly breakdown to .618 level RSI(5) Breakdown Previous proven ABCD Pattern, Another ABCD Pattern is present Potential Breach of 9Day EMA Tomorrow, Up Side Down hammer candle yesterday signaling selling pressure

aadeojo Updated 

RSI(5) on daily chart around 4 3r Breach of 25Day EMA on 4HR Chart Trend is less than -45 Degrees(Currently at 33 from initial drop)

aadeojo Updated 

RSI(5) above 60 Ascending Triangle and breach of 50 & 100 day EMA

aadeojo

Negative test of Fib .618 level Looking for an Entry around the retest of the .382 Level RSI(5) is nice and cozy on the daily chart around 50, not oversold or overbought Also a double bottom formation as well. this is looking to be a low-risk high reward set up

aadeojo

Breach of 50Day EMA on 1D chart RSI(5) at 32 on 1D chart Potential move for next week

aadeojo

Breach of 25Day EMA on 1Day Chart RSI(5) Below at 33 on 1Day Chart Exiting Upper level of Fib Retracement .236 Level Take Profit at .382 Fib Level

aadeojo Updated 

Bullish Pennant Pattern on the 1 Month Chart, Could be a long opportunity