NZDUSD 4HR TIMEFRAME Market Structure: Bullish The purple rectangles that are placed are the equal highs/equal lows. I see a lot of liquidity where I placed the purple rectangles. Since it broke previous equal highs, I'm waiting for a retest right back toward the purple rectangle (resistance), then back up towards the green rectangle line which says (NEW...
Please support this idea with LIKE if you find it useful.. Monthly Structure for GBPJPY appears to be OHLC (open high low close) which means we are going in for long term monthly sells once price finds a strong resistance and daily candle closes with TDi Priceline crossing below bloodline in the Daily timeframe . In H4 lookout for OHLC and TDI bearish cross to...
Please support this idea with LIKE if you find it useful.. Monthly Structure for GBPCHF appears to be OHLC (open high low close) which means we are going in for long term monthly sells once price finds a strong resistance and daily candle closes with TDi Priceline crossing below bloodline in the Daily timeframe . In H4 lookout for OHLC and TDI bearish cross to...
Please support this idea with LIKE if you find it useful.. Monthly Structure for GBPCHF appears to be OHLC (open high low close) which means we are going in for long term monthly sells once price finds a strong resistance and daily candle closes with TDi Priceline crossing below bloodline in the Daily timeframe . In H4 lookout for OHLC and TDI bearish cross to...
Please support this idea with LIKE if you find it useful.. *POSSIBLE YEARLY STRUCTURE OHLC (SELLS) Monthly Structure for USDJPY appears to be OHLC (open high low close) which means we are going in for long term monthly sells once price finds a strong resistance and daily candle closes with TDi Priceline crossing below bloodline in the Daily timeframe. In H4...
Expecting 142.5 to be retested, 2nd attempt at this trade.
Downtrend Fibonacci's: Yellow Fib: Resistance Zone to R/S Zone Blue Fib: Resistance Zone to Support Zone Uptrend Fibonacci's: Red Fib: R/S Zone to Resistance Zone Cyan Fib: Support Zone to Resistance Zone Analysis: I think ETH will lose its steam soon. In my eyes, price is currently testing the R/S Zone. The previous high wasn't broken. I believe price...
In this chart, we can see a nice parallel channel formation with strong rejection at 126.600 which is a strong zone. Let's see how it reacts during Asian session (Unemployment Rate).
Key Levels: Daily High- 127.500 Previous daily resistance- 127.075 Previous daily low- 126.819 Daily support- 126.256 Looking for a break of previous day low and a push into 126.250 Idea not valid if we break up past 127.075
- 3 out of 4 timeframes point towards a bearish sentiment - with a viable pullback taking place, I am looking for the creation of bearish price action - this will create selling conditions where I hope to sell until the next area of significant structure - this highlighted area is also an area that has had clean price action previously and should repeat itself
- Price has broken below the H4 support region and has made new lows on 30min timeframe - This brings us to a 3v1 bias to the downside for the time being - A sell stop has been set in order to catch the momentum if it should continue - Targets set at next level of higher timeframe structure
Double top pattern potentially coming thru on this pair at a resistance zone, would await formation of second top before capturing the last leg of the "M" down to the support below / start of pattern.
BEARS COULD BE IN CONTROL HERE..... WITH LOTS OF GAPS AND MUCH BEARISH PRESSURE WE ARE SEEING THE BEARS MOVE THIS MARKET TOWARDS THE DOWNSIDE .. IF ANY BULLISH MOVEMENT COMES FROM THIS WE COULD SEE THE RALLY TO 1.08894 AREA BEFORE FURTHER MOVEMENT TO THE DOWNSIDE .. LETS KEEP AN EYE OPEN
hello traders, here is an entry area prediction to the downside. As you can see that it made divergence to the left. I'm assuming that will making head and shoulders on the 1hr around 61% of the fib and then shoot down to fill in the gap below. Be careful with news and the vaccine. Thanks for reading!
Please support this idea with LIKE if you find it useful.. OHLC SEPTEMBER MONTHLY STRUCTURE & OHLC POSSIBLE YEARLY STRUCTRE Kindly wait for price to find a strong RESISTANCE in a daily timeframe. We will find confluence with other technical indicators for a VALID SELL ENTRY. Priceline must cross BELOW bloodline to confirm strong valid RESISTANCE for the month...
Please support this idea with LIKE if you find it useful.. OHLC SEPTEMBER MONTHLY STRUCTURE Kindly wait for price to find a strong RESISTANCE. We will find confluence with other technical indicators for a VALID SELL ENTRY. Priceline must cross BELOW bloodline to confirm strong valid resistance. Yearly Structure however is OLHC which hasn't confirmed buyers yet....