usd jpy broke range and came across supply zone, hoping it will respect it.
gbp jpy has found fresh demand zone which acted as supply from before.
No gráfico com velas de 4 horas, estou reparando uma indicação de baixa no MACD, ao passo que as Bandas de Bollinger estão se estreitando, e o preço está usando a Média Móvel (linha vermelha central das bandas azuis) como suporte! Sempre que as Bandas de Bollinger se estreitam de forma convergente como está acontecendo, é sinal de que um movimento relativamente...
ej has bouncd off daily demand and created a 4hr demand, waiting for retracement so i can enter.
price is reaching 4hr supply zone, waiting to see if it bounces off or breaks through cause ideally i would want price to come daily supply.
eur jpy did fall from 15 min supply shown on previous analysis however it pulled a fakey maybe due to obvious sl levels but nonetheless price followed through. price then created two 4hr/1hr supply zones and i am waiting for price to retrace back to new supply.
Analysis on EURUSD using the 4hr and daily time frame
Analysis on GBPUSD using 4hr and daily time frame
Analysis on GBPJPY using the 4hr and daily time frames
I will be very likely to see a retest nice move down to previous lows.
Good to Buy at Support, around March.
RED LINE ARE GAP DOWN WINDOWS, I looks like to consolidate Or Break Above the trendline (In between 3-4 march), I guess
So this is confirming my last analysis of the recovering from recent pullback KRAKEN:XBTUSD . I am now learning to use elliot waves and can't help but see as part of larger bull trend we have entered the 5 waves moving up and the recent A B C retracement occurring within a falling wedge or channel using the 4hr chart. Of most bull runs we've had they start very...