CONFLUENCES: - Bullish trend line - Fib rejection - Support level respected - 51 EMA rejected
Confluences: - Rejection of 51 EMA - Rejection of trend line - Rejection of 130 support line - Rejection of fib level
Confluences: - Rejection of 51 EMA - Rejection of 78% Fib level - Rejection of trend line
Confluences: - Rejection of 51 EMA - Rejection of trend line - Rejection of 155.0 support level - Rejection of 61% Fib level
CONFLUENCES: - upward trending market - rejection of support (previous resistance) - Rejection of 51 EMA - Rejection of Fib level - TP lines up nicely with resistance
CONFLUENCES: - Downward channel - breakout from minor resistance
CONFLUENCES: - Upward sloping trend line in Weekly - Strong support area in Weekly - Breakout of minor resistance in Daily - Strong rejection candle close in Daily - Respecting 51 EMA in Weekly
Overall bullish on EUR and JPY so kinda conflicted on this pair despite confluences stacking up. Need to see candle rejections in order to re-enter as I have already taken significant pain on this trade. Confluences: - Bullish market structure confirmed by trend line and breakout and retest of downtrend - Rejection of blue region - Rejection of 71% fib area -...
Overall bullish on AUD and Bearish on USD so my current view remains the same on this pair Confluences: - Bullish market structure - rejection of 78% Fib level - Reversal candle patterns at area of interest (Blue region) - Take profit fib perfectly aligns with 0.775 region
CONFLUENCES: - Upward trend - Rejection of daily EMA - Rejection of fib area - Rejection of highlighted area
CONFLUENCES: - Breakout and retest of black box in 1hr - Inverse Head & Shoulder pattern - Rejection of weekly 51 EMA - Not happy with fib rejection but the extension lines up nicely with area of resistance
CONFLUENCES: - Strong upward trend - Rejection of EMA - Rejection of Fib level - Rejection candle sticks in 4hr - Potential weakness in AUD index
CONFLUENCES: - Strong uptrend - rejection from EMA - Rejection from minor support area - Rejection from fib level - Potential weakness in CAD index - Rejection candles in 4Hr
CONFLUENCES: - Rejection of 50 EMA - Bullish market trend - Rejection of 78% Fib level - Breakout from previous resistance - Spinning tops signifying reversal
The pair broke out of a downtrend that had been putting pressure from 200ma and a resistance trend line. Now it is retesting and giving the opportunity of catching the reversal from the uptrend.
CONFLUENCES: - Bullish upward trend - Rejection from 50 EMA - Rejection from Key fib levels - Spinning top and shooting star candles in the 1hr
CONFLUENCES: - Bullish Market Structure (EMA Crossover) - Rejection of 50 EMA - Rejection of 71% Fib level - Reversal candlestick patterns in the 1Hr timeframe
FX:USDJPY CONFLUENCES: - Elliot wave 5th leg - rejection of psychological level (105.000) - Rejection of 71% fib level - Targeting 106.45 psychological area - Bullish market structure confirmed by EMA crossover