Daily- MA's crossed over, LL's & LH's/ H&S/ Bearish engulfing.
4H- TL retested/ 38.20% fib 30m- entry after the consolidation broken/ retested
Weekly- Bullish exhaustion, W.TL rejected once again! 4h- MA's crossed over (bearish)- 30m-retest/ bearish engulfing (entry)
Weekly- Lower lows continuation, retested the Pennant. 4h- Entry ( 38.20% fib or 61.80%) 700 pip target!
Weekly- bearish trend continuation, bullish exhaustion. H&S on daily.
Pennant close to breaking bullish, a lot of other aspects which are not mentioned in this analysis.
Weekly- monthly support/ Consolidation zone broken Daily- Consolidation zone broken/ currently being re-tested, New HH/ HL. MA's are bullish.
Weekly- Strong resistance zone 4h- needs a. re-test previous high/ fib.
Monthly- Extremely strong resistance/ 3rd leg forming. Weekly- bullish exhaustion/ bearish engulfing . Daily- MA's touching ( bearish )/ monthly tl/ previous high broken. (BOS)
Needs to re-test the monthly resistant/ previous high! or could it just take off?
hitting resistance, lets see this pair falling? anything above 1.535 is obsolete to trade, what do you think?
Since the markets have been seeing alot of bullish momentum in these markets the past couple days and alot of speculation this could be the start of a bull run, even i believed it, technical analysis is telling me otherwise, I seen a great head and shoulders movement with a nice 61.8 level retest of my Fib. along side I caught the ABCD movement at "C" where my...
EURAUD Setup earlier was a flop because of a short SL. not this time, lets look on shorting audusd with a proper SL. #letsgrowwithourmistakes
Previous H needs to be re-tested, 38.20% (first tp) might push the prices back up!