Price broke through a Daily Supporting Trendline and retested it in confluence with a previous Supply Zone! 148.000 Price is being rejected off the 4 Hour Resistance trendline and has as well broke through a supporting trendline. Hidden bearish divergence and RSI bouncing off the 50 RSI. TP1 145.500 TP2 145.500 TP3 144.000 TP4 143.500 TP5 143.000 FXLifestyle -...
2 TP levels marked by the arrows.
Price will most likely move up to 110.000 before shooting downwards. Watch closesly
Price did a pull back to 1310 as expected on my previous analysis. Nice bounce off 4 Hour 61.8 Fib, broken support trend line, broken pitchfork trend line. Hidden Bearish divergence on Daily. If price breaks and closes 1300 price level with a nice engulfing bearish candle, trade will be initiated with price expecting to fall to 1285 price point on the daily -0.27...
Bullish Bat forming. Confluence with price hitting weekly support trend line, previous resistance trend line and major demand zone. Bouncing off Daily 0.27 FIB, RSI oversold with bullish divergence. I would be looking for price to make a 2x bottom or a bullish reversal candlestick confirmation before entering trade. Feeling good about this one! FXLifestyle -...
Long wicks showing a lot of rejection at this level (yellow rectangle) after breakout of Daily 200 EMA. Price should be retesting broken Demand Zone before heading back down to retest weekly trend line and possibly form a 2x bottom before heading back up and shooting up like a rocket! As always patience pays the best interest! FXLifestyle - Trade Your Future
Weekly: Price is approaching a Weekly Supply Zone that served as a previous 2x Top Neckline, it also wants to possibly retest the broken weekly triangle support trend line. Daily: Price will be looking to complete its extended 5th wave. Bearish Divergence. 4 Hour: Price broke through the Daily 0.27 FIB and is currently retesting it, if it breaks through the 4...
Bullish divergence. Price bottoming out in demand zone. Neckline of 2x bottom at 0.50 fib level. FXLifestyle - Trade Your Future
Bullish divergence, 4 Hour and Daily FIBS aligned right on the uptrend trend line. Will be looking for candlestick reversal pattern/ market pattern for confirmation before entry Keeping eyes on this one! FXLifestyle - Trade Your Future
Daily FIB 0.886 aligned with 4 Hour 0.50 FIB. Price is struggling to break this level. Retesting previous resistance, Demand Zone. Descending triangle forming. Watch for breakout of upside or downside. Waiting for retest of either direction breakout. Anticipating breakout to the upside.
Weekly: Price approaching major pivot point 1.17000, retest of previous range breakout. Daily: Retest of Previous bearish resistance trend line breakout and retest of bullish supporting trend line, confluence with Demand Zone, Daily 0.618 FIB. Bullish Divergence 4 Hour: 1.618 FIB confluence with Daily 0.618 FIB **Waiting for candle confirmation or Market Pattern...
Weekly: Price broke through support Trend line Daily: Bullish Divergence-RSI making higher lows, Respecting Demand zone @ 0.75000 & Support Trend line, Inverse Head & Shoulder off completed 3rd wave of extended 5th wave & Lower Band 4 Hour:Bullish Engulfing candle bouncing off 38.2 Fib TP1: 0.76000 @ (Daily) 38.2 FIB aligned with (4Hour) -0.27 FIB Price will ...