AshleyWeyers

AshleyWeyers

Overall trend is bearish Wait for price action confirmation before entering, such as bearish engulfing candle. There is resistence confluence between :- 1.150 EMA 2. .5 Fib retracement and 3. Senkou B level on Ichimoku Initial target will be 0.69370

AshleyWeyers

This is the third update on my analysis on Oil. After breaking out of the range as shown by the box, I think the next stop will be 43.00. Might come back for a retest, but this has been months in the making.

AshleyWeyers

Nothing specific here, but:- 1. NZD is at lowest in a number of years 2. Price has bounced off a monthly support level from April 2013 (Gold Line) 3. Higher lows forming. 4. Nice Doji on monthly chart 5. Low risk long entry

AshleyWeyers

The EURUSD has been Bearish on a monthly basis since July 2014. On a daily basis it has consistently broken bearish fractals in a steady move down. The last leg started at (A) which was a double top on the daily chart, broke the daily Kijun Sen at (B) and a monthly support at (C) , which is also a daily fractal level. RSI is oversold, so I expect price to...

AshleyWeyers

Monthly chart has just started with a bearish future cloud. We are headed down to monthly support (A) that was tested numerous times, 6 times between 2000 and 2002, 2 times in 2010. For 2001 the support level was resistance, which is also significant. Daily chart is bearish and has just broken fractal support at 1.47379 (B) . Expect price to come back to...

AshleyWeyers

Not very sure about this one. You need more confirmation, but that will be a long wait. If the fib line holds you could place stop below cloud for aggressive trade.

AshleyWeyers

Looks like a bearish pennant?

AshleyWeyers

Price has not managed to break through the resistance zone even with RSI above 50 and higher Lows being formed. If price breaks down from here and closes below the daily fractal, price should move to .272 extension area.

AshleyWeyers

1. Monthly and Daily trend Bearish 2. 4H Trend Bearish 3. Kumo future twist bearish 4. Kijun Sen below cloud 5. Price below cloud and below KS. 6. RSI below 50 7. Long wick rejection at 1.48304 8. Resistence confluence at .382 Fibonacci Entry if price close below previous candles at 1.48134 Target 1 : 1.47385 Target 2 : 1.46754 Stops : 1.48700

AshleyWeyers

Monthly trend is bullish Daily trend is bullish 1. 3 Wicks at the .5 Fibonacci support line 2. .618 Fib line is in confluence with the daily support provided by the daily Kumo Cloud 3. Future Kumo twist is bullish 4. If price can close above 1.26200, breaking cloud and above Kijun Sen Long opportunity to 1.27849 Target 1, 1.28848 Target 2

AshleyWeyers

1. Daily chart is bearish 2. Price is at the base of the Kumo on daily 3. This coincides with the .382 retracement from the previous high on the daily 4. This coincides with the base of the Kumo on 4H 5. The .382 coincides on the 4H as well 6. 4H is bearish 7. RSI is overbought 8.Doji Candle formed at top Price needs to close below the low of the candle labelled...

AshleyWeyers

1. Daily is range bound 2. Price has come off the daily resistance and is at the top of channel resistance on 4H 3. It also coincides with a monthly support line, which may not hold 4. RSI is overbought If the next candle is bearish and closes below the current candle and monthly support, this would be a relatively low risk trade

AshleyWeyers

1. Monthly TF is bearish 2. Daily TF is bearish. 3. Price has held below daily resistance at 1.08676 4. This coincides with the 0.382 Fib line on the daily as well BUT 1. Price is in the cloud, so we will need to wait for a break below 2. The future kumo is bullish, will need to wait for bearish 3. If price breaks below solid red line and 1 and 2 are negated...

AshleyWeyers

If the price of the highlighted candle closes below the cloud, possible short. 1.) Pulled back off the .786 retracement after FOMC 2.) Previous 3 candles have long top wicks 3.) Also off of daily resistenace 4.) Cloud future is bearish 5.) Price action below the cloud

AshleyWeyers

1.) Daily chart is bearish 2.) Price has come off resistance on daily 3.) The previous swing high coincides with the .618 retracement on the daily 4.) 4H Future is bearish 5.) KS has broken through the cloud 6.) Price is below cloud and KS 7.) Price closed below monthly support @ 94.930 8.) Also closed below previous pivot Will target 94.250 first, if this does...

AshleyWeyers

1.) Monthly Resistance at 1.97426 which held 2.) RSI Overbought 3.) Price is at 0.786 Fib retracement 4.) Daily chart shows LH from previous high at 2.000 5.) Monthly resistance also coincidences with Kumo cloud resistance

AshleyWeyers

There is strong resistance at 108.31. This would be the 5th time it is tested. There is a flat wedge forming, with bearish divergence on the RSI. If the rising trend line is broken, 92 may be tested.

AshleyWeyers

All indicators are bullish. Price has closed above H4 fractal and above long term structural support and resistance at 3.389 This price area is also the 1.272 extension of the AB leg. Next target is the 1.618 extension at 3.429 which is a confluence of Monthly R3 Pivot resistance, weekly R2 Pivot resistance. C has not retraced to .618 of the AB leg, which...