Daily low was respected, creating a W formation. We have a bullish engulfing candle on the 4H with a break out of the consolidation zone.We hit a previous era of support, and now we are retracing back to the previous high. Expecting retracement back to 67750, with a potential break to 68350 on the bullish continuation.
We are on an overall bullish trend. If you look at the daily chart you can see that you have an established HL delineated by the purple rays on my chart. The daily trend line has 3 touches so it is a strong support area. Looking at the 4h/1H, you can clearly see how we tested and broke the previous low at 31550. Expect bullish Continuation to 32000
Overall Bearish, but currently on a bullish retracement. Sitting around 50.0% on Fibs. Wait To see how the retracement acts after hitting the next high. If it breaks, look for entry on retracement. If it enters into a consolidation, expect bearish push.
AUD/USD Bullish. Wait for break of previous high for highest percentage entrance or get in on a retracemnet if it continues to respect the low it created.
Overall bearish, but the market is showing the possible retracement. Watching for break(close of candle) of previous high. If so, then we are looking for a prior 23.6 retracement followed by bearish continuation.
Expecting bearish manipulation @c London followed by massive bullish surge due to the excess of both EUR and GBP news. (EUR looks to get stronger and GBP weaker )
Looking for price to tap FV gap around the OB/yellow line and then drop to the equal low.Once it taps the equal low, It will either continue to be bearish, or reverse and continue the larger consolidation
Im expecting GJ to drop and fill the Liquidity void it created, before having a strong bullish move --> thus continuing its pattern of consolidation on the larger time frames between the pink lines (equal high/lows)
Im expecting a bearish fake-out tonight around London followed by a bullish push up until around the buyside liquidity(institutional resistance). Following that I expect it to dump around NY on Wednesday morning due tot he Cad News
Im expecting a bearish fake-out tonight around London followed by a bullish push up until around the buyside liquidity(institutional resistance). Following that I expect it to dump around NY on Wednesday morning due tot he Cad News.
