Market_ATM

Market_ATM

Structure: Upward Moving Average: Testing 200 SMA Support Trendline: Retest of Broken Downtrend Line Pattern: Rising Channel Trigger: Bullish Engulfing Candle Support: 0.6850, 0.6750 Resistance: 0.6930, 0.7025 Price is retesting the support of 200 SMA and previous downtrend line. A higher low, higher high formation is on the way Last Friday's bullish engulfing...

Market_ATM

Structure: Range Bound (1.5980 - 1.6310) Moving Average: Cluster, Testing 200 SMA support Trendline: ST Uptrend Line Broken Pattern: 2 pinbar, 4 times Top at 4H Trigger: Breakdown of Neckline Support Resistance: 1.6260, 1.6310 Support: 1.6150, 1.60 Clear Rectangle Range formed at Daily and 4H 2 large pinbar around 1.6250 Subsequent bearish candles confirmed lack...

Market_ATM

Structure: Short Term Uptrend Moving Average: Golden Crossover for 15 EMA and 50 SMA, going to test 200 SMA Trendline: Testing Downtrend Line Pattern: Rising Wedge Trigger: Breakout of Horizontal Level Support: 0.9665 Resistance: 0.9780, 0.9850 Higher Low formed at 4H, Daily Candle showed Bullish sign yesterday. Long at 0.9710 to capture Short Term Rebound to...

Market_ATM

Structure: Uptrend switch to Short Term Downtrend Moving Average: 200 SMA Holds, but 15 EMA/50 SMA Death Cross Trendline: Long Term Uptrend Line Holds Pattern: Double Top Reversal, Neckline Broken Trigger: Huge Reversal Candle in Daily Timeframe Support: 58, 55 Resistance: 62.27, 64.47 Wait for Rebound to 62.30, a retest to neckline resistance, possible a lower...

Market_ATM

Structure: Downward Moving Average: 200 SMA still holds Trendline: Broken of Uptrend Line Trigger: Weekly Bearish Engulfing Candles Pattern: Potential Head & Shoulder Resistance: 0.8718, 0.88 Support: 0.85 Wait for Rebound to 0.8680 - 0.8710 Area, and observe whether Lower High will be formed. 4H/1D Reversal Candle for Signal. Short at around 0.8710 - 0.8690 SL:...

Market_ATM

Structure: Downtrend Moving Average: 200 MA Resistance Valid Trendline: Downtrend Line Valid Pattern: Reversal Candlestick Trigger: Strong Bearish Candle at Resistance Level Support: 106.80 - 107 Resistance: 108.50, 108.80, 109.50 - 110 Wait for 4H/1H Reversal Candle at 108.50 or 108.80 Area, enter Short SL: 109.80 TP: 107, 105

Market_ATM

Structure: Uptrend Moving Average: Uptrend Trendline: New Uptrend Line, Wait for Third Point Confirmation Pattern: Ascending Triangle Trigger: Breakout of Double Top Resistance Resistance: 1.1280, 1.1400 Support: 1.1170, 1.1100 Close Above 200 SMA and 1.12 Resistance Long @1.12, @1.1170 when 1H shows Reversal Signal SL: 1.1060 1st Target: 1.1280 2nd Target: 1.14

Market_ATM

Structure: Uptrend Moving Average: Uptrend Trendline: Breakout of Downtrend Line Pattern: Ascending Triangle Trigger: Closed above 1482-1486 multiple resistance area Resistance: 1500, 1515 Support: 1480 - 1486 Gold finally broke up month long resistance Go long around 1480-1484, wait for retracement to the Resistance turn Support area SL: 1465 or closed below 4H...

Market_ATM

Structure: Sideway (1.31 - 1.3180) Moving Average: 15 EMA Crosses 50 MA, 200 MA at Resistance Level Trendline: Breakout of Downtrend Line Pattern: Head & Shoulder in Lower Timeframe Trigger: Failed Breakdown at 1.31 level, Bullish Candles regain power Support: 1.31 - 1.3120 Resistance: 1.32, 1.3260 Bearish momentum went out of steam at 1.31, trend changed from...

Market_ATM

Structure: Uptrend Moving Average: Uptrend Trendline: Above Uptrend Line Pattern: Potential Double Top at Clear Resistance Trigger: Bold Dark Candle Resistance: 111.80 - 112.20 Support: 110 - 110.20 After 8 days advance, CHFJPY price slowed down and closed with a significant dark candle. Near multiple top resistance: 111.80 - 112.20 Reversal Signal from Price...

Market_ATM

Structure: Uptrend Moving Average: Uptrend Trendline: Downtrend Line Resistance Pattern: Potential Head & Shoulder at 60.9 Trigger: Small Evening Star Resistance: 60.80 - 61 Support: 58.70 - 59 Short Term overbought on Oil Price Daily Candles show lack of momentum Wait Euro or US Open to short at 60.50 SL: 61.45 1st Target: 58.70 2nd Target: 55 Higher risk...

Market_ATM

Structure: Downtrend Moving Average: 200 MA Support, 15 EMA and 50 MA Downtrend Pattern: Head & Shoulder Trendline: Broken Uptrend Line Trigger: Breakdown of Neckline Resistance: 1.1175 - 1.12 Support: 1.0990 - 1.10 Wait for 1H Reversal Signal to short around 1.11 - 1.1120 SL: 1.1180 or top of reversal candles 1st Target: 1.10 2nd Target: 1.09

Market_ATM

Structure: Sideway (108.45 - 109.70) Moving Average: Uptrend Trendline: Weekly Downtrend Line Pattern: Double/Triple Top Trigger: Breakdown of Week Low Resistance: 109.70 - 110 Potential lower high may be formed at 109.30-109.40 Wait for Reversal Signal on 1H to short First Target: 108.50 Second Target: 107 SL: 109.80 or 110.20

Market_ATM

OANDA:GBPUSD After Theresa May's announcement, GBP actually stays stronger rather than continue to fall. Market has likely priced in the event before it happens. GBPUSD formed Daily Morning Star pattern near Weekly Uptrend Line, means Bearish has weakened and sentiment possibly change to short term Bullish bias. Broken Downtrend Line, 1H Inverse Head and...

Market_ATM Updated 

OANDA:EURUSD EUR/USD formed a bullish engulfing pattern in Daily Chart yesterday, meaning the Short-Term Bearish bias have very probably been changed. Also, it broke an important downtrend line and is possible to test 1.12 area and weekly downtrend line resistance. We wait for retest of support from the broken downtrend line and go long the pair. Entry:...

Market_ATM

OANDA:EURCAD EURCAD broke downtrend line at 18 Sep 2018 A re-test is possibly finished at 1.5204, 1.52 is a mental level which has been tested several times before EURCAD 4 hours will be back in uptrend proper order again if this upcoming candle close with a bullish confirmation, which showed 50 EMA as Support Furthermore, parabolic SAR turned to bullish, MACD...

Market_ATM Updated 

OANDA:USDJPY Hourly Chart showed Triple Bottom at 110.90-111 Level Uptrend Proper Order as All EMAs Moving Upward Testing Short Term Downtrend Line, Wait for Close above the Resistance to Go Long 4 Hour Chart shows dynamic support at 20 EMA JPY is the weakest currency in this USD fall Entry @ 111.32 SL @ 110.90 TP @ 112

Market_ATM

OANDA:AUDUSD 4 Hour Chart formed a pin bar at 200 MA (0.7381) That Area is also a Short Term Uptrend Line Now, a Bearish Confirmation may be formed in the coming 4 hours Representing a rejection from uptrend line and 61.8% Fibo Hourly Chart, 10 & 20 EMA First Time Death Crossover in this Rebound Possible Head & Shoulder Formation too Entry @ 0.7445 SL @...