This trade analysis is part of my diary. Please let me know if it was helful but also your suggestion for improvements
Daily
Daily
- Pivot points: Price rejected WS2 and closed above MPP
Support/Resistance: Price at the resistance
EMA: Price approaching 21 after 55 was respected previously
Trend: Consolidation after down trend
Structure: LL,LH,HL, waiting for HH to be next
Bias: Bullish
Psychological levels: Ultimate level 0f 1.45 is ahead at resistance
Stochastic: Downtrend approaching 20 oversold levels
Fib: Price above 618 retracement
- Daily Pivot: Price finished above DPP and at DR1
Support/Resistance: Broken through closest resistance
EMA: Price went through 21 and 55 and closed above 55
Trend: Consolidation
Structure: LL,LH, Double bottom,HH
Stoch: Rising not overbought, at 50
- Suport/Resistance: At resistance
Stoch: Overbought,seems to be ready for correction