WE HAVE - 2 RETEST OF DESCENDING TREND LINE - MACD CROSS - REJECTION CANDLES - BREAK OF UPTREND
PRICE HAS BROKE OUT AND RETESTED BULLISH TREND LINE, CONFIRMATION ON H4 AND H1. ANALYSIS WHICH GIVE ME CONFIRMATION H4 - 1. COUPLE HAMMER CANDLES 2. DOJI CANDLE 3 BREAK OUT OF ASCENDING TREND LINE H1 - 1. BROKE OUT OF BULLISH TREND LINE AND RETESTED 2. MACD CROSS KINDA LIKE THIS TRADE. ALTHOUGH THIS PAIR MOVEMENT ISNT MUCH BUT HOWEVER, ITS STABLE AND PRECISE.
BEAUTIFUL TRADE WE HAVE 1. DECENDING WEDGE 2. DOUBLE TOP @ 0.618 RETRENCHMENT 3. ABCD TRADE 4. A HAMMER CANDLE ON H4 FORMED.
LOOKING AT THIS PAIR. 1. H&S FORMED AT DESENDING TRENDLINE 2. DIVERENCE ON MACD 3. CROSSOVER ON MACD 4. RISING WEDGE BREAK OUT SOON TO HAPPEN 5. WAITED FOR THIS MOVE AS OF TODAY. LETS GO BABY!
LOOKING AT PAIR ONCE AGAIN. A POTENTIAL TRIANGLE FORMING, TOOK TRADE TARGETS AT 0.618 OR POSSIBLE TOWARDS THE DOWN SIDE. BUT TO BE SAFE TARGETS AT 0.618 WHICI IS AT THE NECK LINE OF TRIANGLE PATTERN
H&S PATTERN FORMING WHICH MAKE MY BURDEN LESS. WHICH MEANS HIGHLY POSSIBLE TOWARDS THE UPSIDE. ANYWAY IM AT BREAK EVEN, TO BE SAFE AND REDUCE MY RISK WATCHING VERY CLOSEY ON THIS PAIR, AND ITS A THURSDAY POTENTIAL HUGE MOVEMENT USUALY ON THURS AND FRI, WE SHALL SEE WHAT HAPPENS. 1. EITHER IT REACHES @ 1 FIB OR A REVERSAL @ 0.618 ( YELLOW BOX ) 2. EXCITED FOR...
A HUGE MOVE IS GONNA HAPPEN ON THIS PAIR A H& SHOULDER PATTERN FORMING AND WITH THAT A DIVERGENCE ON MACD WHICH IS UP MY ALLEY. A POTENTIAL REVERSAL ZONE AT 0.5 OR 0.618 RETRENCHMENT. WAIT WAIT AND WAIT
A DIVERGENCE IS FORMING WHICH WORRIES MY CURRENT TRADE. WILL HISTROY REPEAT? AS INDICATED, A PAST MOVE THIS PAIR HAS MADE. LOOKING VERY CLOSLY, ALWAYS BE FLEXIBLE. POSSIBLE OF REVERSAL AT EITHER 1. 0.618 @ 3RD WAVE 2. O.5 @ 3RD WAVE 3. HIGHLY POSSIBLE AT 1.2 OR 1 FIB EXTENSION BEFORE A HUGH CRASH WILL HAPPEN WHICH I'M LOOKING AT.
3 LEVEL OF RESISTANCE EURUSD HAS TO FIGHT 1ST HIGHLIGHT IS A DIREVENCE ON EURUSD- BROKEN THROUGH 2ND BROKE OUT OF DESCENDING TEND LINE AND RETESTED 3RD INCHIMOKU CLOUD - CURRENTLY BELOW CLOUD.
BROKE OUT OF DESCENDING WEDGE COMPLETE BULLISH MOVEMENT - WILL WAIT FOR A RETEST OR ANY INDICATION FOR ME TO TAKE A TRADE IN TO GO LONG
H4 - PRICE REVERSED AT PREDICTED ZONE @ 0.618 RETRENCHMENT @ ICHMUIKO COULD @ CANDLE STICK CONFIRMATION @ H4 @ 4TH WAVE OF EILOT @ ABCD PATTERN @ DIVERENCE ON RSI TARGETS WILL BE @ FIB 1 AND 1.121
DAILY - RECENTLY BROKE OUT OF BEARISH TREND LINE & RESTESTED ( TOOK TRADE AND WON ) H4- RECENTLY BROKEN OUT OF ICHIMOKU CLOUD TRADE ( LONG ) - SHALL BE PATIENCE AND WATCH THE AREA OF 0.5 - 0.618 RETRENCHMENT - IF A CONFIRMATION OF ASCENDING TREND-LINE ( LONG WICKS OF CANDLES ( WAITING FOR 2 CANDLES OR MORE FOR CONFIRMATION ) TO GO LONG TRADE ( SHORT ) - IF...
DAILY - LAST WEEK EURUSD DID A RETEST OF DESCENDING LINE AND PERFORM A BULLISH MOVEMENT H4 - BROKE OUT OF A STRONG RESISTANCE POENTATIONAL LONG ENTRY ON EURUSD NEXT WEEK. - WAIT FOR RETRENCHMENT OF BULLISH CLOUD TARGETS - MONTHLY RESISTANCE INDICATED ON THE CHART
DAILY - 1. LOOKS LIKE AN ABCD PATTERN FORMING 2. PRICE RECENTLY BROKEN UP-TRENDLINE AND RETESTED TRADE 1. MORE CONFIRMATION NEEDED 2. SUPER BULLISH MOVEMENT THAT WORRIES ME 3. A FEW DOJI CANDLES OR LONG WICK WILL ALERT ME HUGE POTENTIAL ON THIS PAIR. BE PATIENCE