Price is trading around daily support level
An inverse head and shoulders pattern at the daily support level indicates the lack of selling pressure
RSI divergence confirms the lack of bearish momentum
At the moment all the trading confluence align at the same support level which comes from the daily chart. If we price...
Price is at 4-Hour Support Level
Price Broke Below the Local Structure Level But The Downtrend failed to Continue and Right Now Price Immediately and Strongly Pushing Back to Local Structure Level and If Price Break Above the Local Structure Level, It is a clear Indication That Telling the Ongoing Downtrend In Invalidated.
Price is at 4-Hours Structure Level
Head and Shoulders Pattern indicate lack of buying pressure
Minor Trendline is broken
We will consider going short if price break below the local structure level (Blue zone) and looking to enter the trade on a retest of the local structure level targeting 1.06528...
Price is at a Support Level Which Comes from 4 Hour Chart.
An Inverted Head and Shoulders Pattern indicate the lack of selling pressure
Bullish Engulfing and Bullish Pin Bar indicate the buying pressure that builds on CADJPY
We will look for a break above the local structure level marked in the...
Price is at Daily Resistance Level
Head and Shoulder Pattern at the Daily Resistance indicate lack of Buying Pressure
A Rising Channel After a Strong Bullish Momentum Indicate that on-going Momentum is Fading
Consider Going Short if Price Break Below the Local Structure Level Marked In the...
FX:EURUSD Trend Reversal Trade
RSI Overbought on 4 Hour (This is very significant - Check out Trade revenue pro blog for why)
RSI shows divergence on the 1-Hour chart
Price is at the previous HL if this level broke the whole trend is going to invalidate.
Price reject 4-Hour Resistance Level
Price Starts to Creat Lower Highs
Price Broke Minor Trend Line
Trade Idea - Consider going short if price broke below the local structure level and retest it successfully.
Trade Analysis from Trade Revenue Pro