Hoddgittoo

Hoddgittoo

CJ has shown a clear series of LL & LHs. Your trend line seems as if it will line up 61 Fib, daily support area which will now may become resistance, and a 3rd bounce of the trend line, giving you 3 confluences for your strike zone. Be patient for daily confirmation. CJ seems AS IF it has broken out of a monthly support area, but, last weeks weekly price action...

Hoddgittoo

GU seems to have bullish momentum on daily tf with how candles have formed. However, is is having a tough time to break that -27 TP fib..Also, new D extension matches an important support area.. wait and see

Hoddgittoo

short to 120.000

Hoddgittoo

Last week we finally broke a strong monthly support area, which may now turn into resistance and we also ended the week in a strong weekly shooting star. Looking at all time frames, we can see a series of LLs and LHs. I am expecting a push up to 80.750 before making its true downside move to 79.550.

Hoddgittoo

explained in chart.

Hoddgittoo

-Last weeks weekly candle ended in an hammer, possible sign of a bullish reversal. -Daily we had 2 shooting stars with a bearish engulfing candle, pushing it down to a daily open which has now acted as an area of support.It has also pushed down to a weekly key level. -4h- Morning star and strong push up off of 70% fib. 2.65 RW

Hoddgittoo

We are on an overall downtrend with AJ, however, after 4 weeks of strong bearish momentum, I believe bullish a correction will now come into play. Looking at the daily time frame, 3 noticeable wicks to the downside have been created on the past 3 days, showing a strong support for that zone. It is also a significant area of support, lining up with the body of the...

Hoddgittoo

GA is on an overall uptrend on the higher TFs. Following a few days of bearish movement, there are 3 confluences that lead me to believe the bulls will once again gain momentum. 1) A strong wick to touch the lower TL for a 3rd time, 2) bounce of 61 Fib, and 3) a key level that has been touched. 1:6 RW

Hoddgittoo

NJ is in an overall downtrend, however, I have spotted this on the lower TFs. Daily chart has ended the week in a morning star, which is a potential for a quick move in the opposite direction in which it is going to gain momentum to continue its true direction. If you take a look at the 30M, there has been a break and retest on the counter trend line and H&S...

Hoddgittoo

Monthly- Tweezer tops and bearish engulfing is starting to form. Weekly- "M" pattern has formed and could not break previous LH, showing weakness to being pushed further to the upside. Daily- Tweezer bottoms, which is a potential for reversal. Projected to go to 110.800 area due to previous support zone, 3rd touch of the TTL, and Fib extension level. Which...

Hoddgittoo

-Monthly: retraced back up to 0.96000, formed a shooting star -Weekly: Shooting star, bearish range -Daily: Bullish engulfing, shot up to 0.94500 -4H: 3rd touch of the TL, ranging at 61 Fib, multiple indecision candles.

Hoddgittoo

-Inverted H&S pattern on higher tfs. -hitting tl for 3rd time. -long daily wick at 61 Fib level.

Hoddgittoo

Long: -Double bottom on lower TF. -2 bullish daily reactions to strong support zone. -Reversing at completed ABCD pattern. Short: -matches 61 fib. - 3rd touch up Tl resistance. -weekly Has have crossed

Hoddgittoo

-Very strong move to the downside. Bearish run seems to be exhausting. -Very clear Daily doji. - 30 min H&S pattern -Pay attention since weekly momentum seems to be bearish.

Hoddgittoo

This pair has now tested the upper trend line for the 3rd time. Multiple daily wicks have been thrown to the upside which was a support zone and now seems to be acting as a resistance. This zone also lies with 61 Fib. Lower trend line has been broken and is now being retested. Will wait for strong 4hr or daily bearish candle to confirm downside movement.

Hoddgittoo

There is a clear downtrend on EURUSD since the middle of January. It has broken a very strong support level, which may now act as a resistance with the long daily wick that occurred at the end of last week. This is also where the 0.5 Fib stands and is very close to hitting the upper trend line of the descending channel. I will be weary of the short position since...

Hoddgittoo

explained in chart.

Hoddgittoo

There is a potential H&S pattern on the daily time frame. Wait for todays daily candle to close for further confirmation. However, if a daily closes below failed shoulder zone, wait for retest of 110.900 area to sell.