Bow91

Bow91

We can see the following: - A break of an ascending 4H trendline, a retest and failure to make a higher high. - A new descending trendline has formed showing lower highs and lower lows. - The monthly chart RSI is showing that the pair is overbought. Once the markets open, I would like to see the following before entering a short position: - An impulse to the...

Bow91 Updated 

As per the graph, a nice head and shoulders pattern has formed on the daily chart indicating a reversal. I would like to see a break of the Daily ascending trendline, a retest and an impulse to the downside. The weekly and monthly charts indicate an over-bought RFI. Please like and follow if you like my analysis

Bow91

As per the graph, you can see there was a break out of the bearish channel, a retest and rejection and starting to impulse to the downside. Also, the pair is trading below the Daily MA. PLease like and follow if you enjoyed my analysis.

Bow91 Updated 

As per the 4H graph, you can see that this pair has been trading within an ascending trendline and has reached an area of strong resistance. Also, the RSI is indicating on the 4H, Daily and Weekly charts that this pair is overbought. I would like to see the following: - A break of the ascending 4H trendline - A retest and rejection of the aforementioned...

Bow91

On the 4H chart, you can see the following: - There is an ascending trendline and the pair has reached an area of resistance and impulsed to the downside. - RSI on the 4H and daily chart is indicating that the pair is losing strength. - I would like to see a breakthrough of the ascending trendline, then a retest and rejection of the aforementioned trendline...

Bow91 Updated 

As per the daily chart, - There is an ascending trendline and we saw an impulse to the downside when the pair reached the strong resistance area. - The daily and weekly RFI is indicating that the pair is overbought. - I would like to see a breakthrough of the ascending trendline and the close of a daily candle below this trendline. - I would then like to see a...

Bow91

On the 4H graph, you can see the following: - There was a breakthrough of the ascending trendline, a retest and a rejection. - We have seen an impulse to the upside. On the day chart, you can see the following: - A close of a daily candle above the descending trendline. - RFI indicating that the pair is over sold. Please like and follow if you enjoyed my...

Bow91

As per the daily graph, you can see the following: - The pair is currently trading within an ascending trendline and we saw a rejection and an impulse to the downside when it reached the resistance area. - RFI indicates on the daily and weekly chart that this pair is overbought. - Let's wait for an impulse to the downside resulting in a breakthrough of the...

Bow91 Updated 

On the 4H chart, you can see the following: - A breakthrough of the descending trendline. - A rest and rejection of the descending trending tend indicating a pattern change. - RFI is showing that this pair is strengthening. We should see an impulse to the upside. A good buy entry at this point with a target below the area of resistance. Please like or follow...

Bow91 Updated 

As per the 4H graph, you can see the following: - There has been a breakthrough of the ascending trendline and an impulse to the downside. - The pair should retest and reject the aforementioned ascending trendline and push to the downside. - The target should be above the area of strong support indicated by the horizontal red line. Please like, follow or...

Bow91

My EURUSD analysis from earlier this week is working to plan. A good sell entry right now. Please like, comment or follow. Thanks

Bow91

My EURNZD prediction was correct. Please like, comment or follow. Thanks

Bow91

My EURGBP correction was correct. Please like, comment or follow. Thanks

Bow91 Updated 

As per the 4H graph, you can see the following: - A breakthrough of the ascending trendline, a retest and rejection will indicate an impulse to the downside. - RFI is indicating that the pair is losing strength. - The target should be set above the highest support level. Please like, comment and follow if you enjoyed my analysis.

Bow91

As per the 4H graph, you can see the following: - There was a breakout of the descending trendline/wedge and an impulse to the upside. - The pair should retest and reject the aforementioned descending trendline. - If this occurs, the pair should impulse to the target as stated in the graph and the stop loss should be put below the area of support. Please...

Bow91

As per the 4H graph, you can see the following: - The pair is trading within an ascending triangle. - The pair is struggling to make higher highs and higher lows indicating that it is losing strength. - There is a head and shoulders pattern indicating a trend reversal from bullish to bearish. - RFI indicates that the pair is losing strength also. Option 1...

Bow91

As per the graph, you can see the following: - There was a breakthrough of the ascending channel and an impulse to the downside. - There was a retest and rejection of the previous trendline indicating a pattern change. - The pair continues to make Lower highs and Lower lows which indicates the pair is losing strength. - RFI indicates that the pair is losing...

Bow91

On the 4H chart, you can see the following: - A breakthrough of the ascending trendline indicates a pattern change. - There is a higher high and a lower low, indicating that the pair is losing strength. - A retest of the ascending trendline is necessary to validate a sell position and the stop loss position above the higher high and higher low should be good...