rowenapostoli

rowenapostoli

Looking at the AUDUSD sitting at a very key level, first pullback after breaking the longterm downtrend, saw a hard push down but right at that level is a 4H doji, possibly dead momentum. that same level @0.68684 is the .61 fib level on the previous uptrend as well as a strong level of support/resistance, waiting for a bullish push and continuation of the bullish break

rowenapostoli

Keeping an eye on the AUDUSD sitting at .50 fib level from the largest swing low, pulled back to a level of resistance/support from the beginning of the month and is at the bottom of a rising channel

rowenapostoli

Looking at the EURUSD 4H is showing a halt at the 1.0 Fib level with a long wick. It also has an RSI bearish divergence and at over sold levels. The bulls may need a break or it could break all the way down Next level of resistance coming at 1.11080 but taken soon, nice 2.5-3.5 Risk Reward Ratio

rowenapostoli

Hello, Looking at the NZDUSD It is right at the level of resistance thats been ongoing since the end of last year, that also combines with the top of recent pullback channel I am leaning towards another drop should be a decent size gain. C Enter 0.65676 S/L 0.66048 - 37 T/P 0.64479 - 120 Risk Reward ratio 3.24

rowenapostoli

Looking at the USD/CHF that seems to be in a ranging channel since the beginning of September. It currently is right at the bottom again and the 4H is showing a strong bullish engulfing candle, if that holds looking for a slight pull back around the 23.6 fib level before a possible downside break as there has been a strongh bearish presence OR it may go right back...

rowenapostoli Updated 

Hello, Looming at the EURUSD contination in the 1D downtrend, the most recent pullback seems to have hit a level of resistance @ the .50 fib level as well as the neckline of the previous double top. Waiting to see if it breaks the 1H resistance at 1.10559 and see the continuation drop to levels around 1.09961

rowenapostoli

Looking and waiting on this to see what way it breaks below 0.98025 looking to a previous support/ resistance @ 0.98435 but breaking the short term downtrend it could shoot back up to the top of the channel around 0.96795.

rowenapostoli

Looking at the downtrend to continue after breaking out of the consolidation its been in and on towards the stronger support level of 0.68000

rowenapostoli

Looking at the Daily/4H time frames the AUDUSD has hit the top of the falling channel it has been in for the course of this year. Also on the 4H frame there is a double top that just crossed the neckline quick short position should net 40-45 pips but alot more if you carry this trade if it continues to the bottom of the channel.

rowenapostoli

Possibly a break on the current Bearish slide on the 4H EURUSD brief consolidation at the trend line before the Bull run continues?

rowenapostoli

Seeing the AUD approach a level of resistance @0.68050 wait for a bounce and break of the short term bearish trend to continue momentum upwards or continue on and break towards the bottom of the channel