I may have spotted a bearish big shadow prior to NY open We have previously seen price reject the zone aound 1.09140 area and create new lows. Could this be another bearish signal?
-So technically we are in an uptrend. Dont get me wrong, after yes terdays price closed bearish, there is a high chance it could continue south. -But look at the current situation here. Price dropped to 1.08650 area and found support there. It could be the support is strong enough. -A few minutes later we see price going up again and dropping to find another...
Good morning, -I'll be Taking this trade on grounds that the previous 1H candle closed a strong bulls and slightly above its previous candle's open. Its on ASSUMPTION that price has found support on there. -Since the trade is based on assumption and not any logical reason or print of a signal, ill place my stop loss below the low of the previous zone just to be...
-A trendy kangaroo has printed. -Sign of continuation of trend. -Target 1.10000 Maybe?
We can see price has reached our coveted support with a strong bearish big shadow on the H4 chart. -However if you observe the same chart on the lower time frame, 15m, you will see price recollecting and consolidating. Perhaps a sign of exhaustion of sell pressure. -Id say it safe to buy EURUSD at this zone. If anything, the lower zone is not so many pips far...
-A look at eurusd today and i notice price broke the previous high formed at 1.09144 area -On the lower side of the trend we also notice the presence of higher lows as the trend continued forming. -From the obseravetions above, especially with the break of the resistance at 1.09144 area, we can conclude that price is definately breaking higher. So what will...
Hello, A bearish kangaroo tail just printed on a zone. Sell. Sell
What are we seeing here? -Price went up and reached our coveted 1.09200 zone breaking the previous high found at 1.09100 area. -It was met by a high resistance at 1.09200 area and fell to establish a new higher high supported by our trendline. -Note that on touching the trendline, price shot back up to close above the minor resistance at 1.08900 area as though...
-Trying my luck scalping out of boredom. -Lol. D'ont try this at home.
-Good morning Kioko followers, -This is what am looking at on EURUSD. No solid movements yet for the day but with our chart looking like this, we know what to anticipate and how to take action during various stages of the trade. -Stay tuned with me for updates o my trades. -Success in trading today.
-EURUSD printed a kangaroo tail on the daily chart after yesterdays close bringing so many questions, speculations and opportunities for today. -From experience, we know a kangaroo tail is a sign of exhaution or trend reversal. -However, our kangaroo in question here is bullish, and in a bullish trend; hence creating a wide range for profit buying targeting the...
-D1 chart of 24.01.2023 closed very bullish. -The most interesting thing about the candle is that it created a new low & hence on my chart, The Dip. -You may also notice that it has a bigger body compared to D1 dated 23.01.2023. -Our trendline held too. We might hit 1.09550 or even 1.10000 but imma take my profits first at 1.09550 -We just buy this shit. We buy...
Signal is clear. Bearish kangaroo tail. We sell this pair without a doubt.
-Should the gap close? -normally gaps created during the weekend will close on monday or sometime during the week? -Will this Gap close? -Is this a marker that price will drop to close the Gap atleast? -What are your thoughts on the same? -Comment below what your thoughts are on the GAP and EURUSD in gerneral today in London session and later during NEW...
-EURUSD has hit our famous trendline. If you have been following me for a while, you probably know how important the line is. -Below the trend line, is a support that i believe is going to hold. - I believe its a good time to buy now with our aim being the resistance created at 1.0920 for now. -What are your thoughts on the same though. -Success in the markets
Take a minute to study whats happening here. 1. We are in a support zone. 2. A bullish candle has formed with a wider range to its previous bearish candle. Should we expect more pressure to the upside? I believe so. Lets see what happens
Short time frame. But if it holds its a good signal. We ride down. Remember our Bearish kangaroo tail on the 30m time frame hasn't been broken yet. Untill its broken we still look for sells Good luck.