Daily we have a nice high test candle 4H we have price slowing and failing to maintain momentum showing signs of a change in direction. We also have price approaching 2 different areas of resistance. 1H not the best as it's sitting on the 20 EMA but as daily has high test I'm not to concerned. GOAL of 2% will set a PT
A tidy little hightest candle reacting to some strong resistance from both on term bearish trendline and strong former support turned resistance - Hightest Candle - Rebound off long term bearish trendline - Reacting to strong former support at 1.4630 - Triple Top - looking for 1:1 on this because of some strong support at 1.4430
Tidy little hightest candle on some strong resistance which on the intraday charts is setting up a nice right shoulder to complete a head and shoulder pattern. Lots of room on my stop stop loss to leave room ahead of NFP. - Perfect hightest candle on 1D - On resistance on 1.4400 - Head and shoulder pattern on 4hr - With trend - 1:2.75 RR - Hybrid trade - Safe ...
Price on USD/CHF has produced a high test bar ricocheting off the round 0.9500 level. RSI and Stochastic divergence support this short set up. entry - below today's high test close stop loss - above today's high test close target - aiming for 0.9290, previous low, close to 50 ema (ignore support line on chart at 0.9250)