Please see annotated chart for details.
Please see annotated chart for details.
I believe the bearish pressure is still here and this is why i'm looking to short the pair. There is H1 hidden bearish divergence forming already. If the price reaches the sell zone and the hidden divergence completes itself i will be looking to sell. Target 1: 0.78 Target 2: until bullish divergence forms
Might be H&S forming, but also could break higher. Not really sure right now, but it looks like a big move could be underway. MACD looks a bit unclear, CCI appears to be bottoming, RSI looks like it could rebound but near 50. New phone looks to be a bust, and is just meant to be a filler pre-7 release.
The 100DMA is converging on the 200MA, RSI has been establishing a bullish support/resistance area and price is bottoming at support again. Leaning long with a month long horizon, entry potential at $5, or on a 200DMA break up on volume
Hi, answering to a member of Profiting Me, I described here the USDCAD Convergence to the Strong Supply Level. I hope this can help. Thanks you Girolamo Aloe - profiting.me
the garlty from my former analysis changed into a good cypher pattern confluence area remains the same with slight variation Additional confluence Internal AB/CD- 2% in the fib convergence zone
Follow the pair and if the price falls to around 1.4300, creates false break followed by divergence look to buy. Target 1: 1.4480 Target 2: 1.4600 Stop Loss: if the pair fails to move higher and breaks the last low created before entering the trade OR below 1.4250.
The pair has created a bullish convergence. At least in the shorter term i think the EURJPY is going up. So wait for a double wave correction down near the 50% fibonacci retracement zone and a bullish candle on the M15 chart in this area in order to get into a buy. Target 1: 128.00 Target 2: 128.80 SL: below 127.80
AUD/USD has formed new structure recently showing signs of a trend reversal. Whether this continues to hold longer or not is for price action to reveal. As for now, a potential bullish continuation is brewing after what seems like a shall retracement. The close of price action by end of day as a low test bar above ~0.7250, where price has found support, will...
Another short set up on AUDUSD since downward momentum on the previous set up (idea linked) failed is on offer. The present set up comes after a deeper pull back, organic in a sense, into the 50 ema which also lines up with a previous level of support (~0.7250), now acting as resistance, and the 0.618 FIbonacci level. Price closed as a high test bar. Oscillator...