GJ formed a double top. Looking for candlestick confirmation to downside. If price breaks zone look for continuation to upside. I have 4H and Daily marked with double top zone to see clear rejection/candle stick analysis for big move.
Price retested 15 min trendline. Price also tested 30 min zone and 30 min lower bollinger band. 15m, 30m and 1H oversold on RSI. Sellers exhaustion on 30 min. bullish divergence on 1 min. Expecting price to retrace back to middle band near 15114 as TP1. Expecting TP 2 at trendline.
4H buyers exhaustion. 15m bearish divergence. 30 min bearish divergence. Expecting price to return to second zone near 15000.
4H had recent break of structure making higher high. 1H and 4H bollinger band squeeze. 4H has possible trend continuation pattern (Flag). Daily has possible inverse head & shoulder. Which means possible sell continuation to 1.37500-1.38000. If price continues down to level looking for reversal patterns and engulfing candles on smaller time frames to get entry on...
Price broke Structure on 4H from downtrend to uptrend. Price creating Bullish Flag pattern a sign of continuation. 1H Bollinger band and 4H Bollinger band squeeze (impulse move coming). 4H Bullish Divergence created. Looking for next 4H structure high around 1.41193 which is also next Weekly Pivot level.
S1 should be low of the day. If not S2 at the very least. Expecting USD news to push EU up. TP at R1 and SL under S2. Indicator used is pivot standards. Use 15 min pivot for intraday levels. A great way to catch pips and practice risk management with proper SL. Works well on multiple forex pairs including GJ.
Price is near 1H and 4H Basis of 200 bollinger band (middle band). Price currently testing a previous level of resistance on 1H. Which is now acting as support with consolidation. Expecting USD news tomorrow to push up again. Still waiting for 4H Bollinger band breakout for a strong bullish run.
Detailed 15 min of previous Analysis for 1H & 4H inverse head & shoulder. View related link idea.
Price made Inverse Head & Shoulder on both 1H & 4H time frame. Currently 15 min bollinger band breakout o start 1H BB breakout. 1H Bullish Divergence. Expecting 200-300 pip move.
1H & 4H bullish pennant. 4H BB squeeze indicating impulse breakout. Start of swing trade move to upside. View related ideas link to see higher time frame analysis.
Price has been creating hidden bullish divergence on Daily and Weekly timeframe. Price recently broke out of 4H reversal pattern for the upside. Major news end of this week will give it another push up. Expecting swing/compound from this pair for the next several months if you can manage and be patient.
Recent 30 min zones and 4H zones marked. Price broke 30 min zone and created bullish engulfing on 4H rejecting 4h zone. Expecting price to push to 1829.70 but could possibly reverse from one of the 30 min zones. Left side is 5 min chart and right side is 4H.
15 min bullish divergence along with 1H bullish divergence. MFI reset back to bottom on 4H. Expecting trend continuation to upside 155 area. Depending how news goes on friday. This could be weekly pennant breakout to new highs 157-159.
Daily bearish divergence. 4H symmetrical triangle. Currently rising flag pattern on 15 min inside the 4H zone indicating possible sell from zone. Once 4H closes below outside of triangle expecting price to go to 14500. That is neckline of the "Extended M Pattern". Since there is Daily bearish divergence it's possible for continuation from Daily "Extended M...
Weekly and 4H bearish divergence. There is also a Daily "M Pattern". Expecting price to breakout of consolidation below 34870. Price may reject 4H trendline area. Strong possibility it breaks trendline and reaches daily neckline level of 34000-33761. If it does reach neckline look for possible continuation to 33215-33000 because of weekly bearish divergence and...
Currently in small trend to upside creating a rising flag pattern. Small 15 min bearish divergence. Daily bearish divergence has already started this week expecting price to continue for another push down to 14620. Wait for break of pattern/volatility. London or NY session, more likely NYSE open.
I have two megaphone patterns on 4H and 1H. Megaphone pattern is identified as Bulls & Bears in price disagreement. It can be a bullish or bearish pattern. Today I'm defining it as a bearish pattern because of a few reasons. We have bearish divergence on 4H where price is starting to lose momentum for higher highs. There is also a Head & Shoulder pattern into...
Bearish Divergence on 15 min & 1H. NYSE Open price will break trend line/ pattern and reach 34761.