Price currently in consolidation respecting Support and Trend line. Looking for breakout out of triangle squeeze to continue bullish trend.
Finished Pulling back. 4HR is over bought and 1 HR Bearish Divergence. Currently at Daily Golden Zone Fib level as well. USD will continue to tank.
Filled wick to the left forming support level. Being that all other pairs trading USD are done pulling back and are ready to continue up trend gold should be looking to do the same. I have a painted brush showing possible move mirroring other side. It can form an M/double top or continue making new highs. USD should continue tanking so we will see what happens....
GBPJPY has been on its way to a trend change on the Monthly TF. The Daily has already started. I have marked the highs and lows to see the up trend. The measurements in between are measurements from high to higher high. On average it makes a new high of 400 pips give or take. next measurement falls perfectly with new highs to the left to surpass which is between...
4Hour pullback to GZ (Golden Zone) Fib Level. Continue Daily Trend towards new Weekly High.
Dollar (DXY) has Daily Divergence indicating a pullback. Looking for Pullback this week to Golden Zone of Fib levels. *We know we are exchanging USD for GBP. So GU does opposite of DXY* GU has Daily Divergence as well indicating a pullback. Looking for Pullback this week to Golden Zone of Fib Levels.
DXY is currently weak in Monthly down trend with Monthly Bearish Divergence. DXY has Daily Bullish Divergence. Indicating a pullback for GU. DXY is in strong trend to downside so may be another shallow pullback to 236 or 382 level as it did on previous pullback. Looking for DXY and GU to pull to Supply/Demand Zone (Support/Resistance). GBP is currently changing...
There was daily bullish divergence on DXY pushing it to Golden Zone on 4 HR Fib. Looking for DXY to reverse to continue trend and for GBP to continue trend.
Price currently at a support level. Looking for retest to continue trend possibly during London session.
Price is at bottom of Channel. Looking for retest of support and channel to continue trend.
Price is currently in trend to upside for breakout area. Looking for continuation to 1.34 area to create new highs on weekly time frame. As monthly leaves major Support area and start uptrend. Economic news on Friday for EUR/GBP during London should finish the week strong for a bullish candle. Being that news is an excuse to move the market the way it should.
Price is going up to Target (144/145) through Trend creating Highs and lows. Price is currently at past highs where consolidation took place for a week. Currently testing that level as a Support and testing the Trend line. 4HR Fibonacci Retracement "Golden Zone" falls perfect with Support and Trend line. Price range also pulled back same distance as previous...
Looking for breakout from Bullish Pennant to continue trend to 2040 area.
Accumulation, Distribution, Profit Move/Manipulation. Also known as Box Strategy. consolidated and pulled back to 15 min support level (Green Bollinger Band) and is in current profit move to upside. Great entry for Buy for 50+ pips. Continuing Trend to upside
Price is currently leaving strong Monthly Support Zone. GJ has started a trend for long positions. Monthly Bullish Divergence. Daily candle is right at new support level for up trend. Fib is extended to TP level to show Golden Zone correlating with new support zone forming. Trend will continue to rise to 144/145 area making new highs before doing a major pullback.
Currently creating a new support level. Slowly still pushing up to institution levels. Looking at market slowly recorrect it self to continue trend up.
www.marketoracle.co.uk images.app.goo.gl Above are links to an experienced Trader seeing these patterns during strong trend moves repeatedly over time. Although this is a pattern we don't usually learn about I find this pattern to be falling along with my technical analysis and trend analysis. Pretty cool to see a pattern that is accurate and not usually...