NoCeilingsTrading

NoCeilingsTrading

-After price began a sell off over 4 days and closed as a reversal candle stick on the daily, a bullish retracement was expected. -I expect price to attempt another bullish push before ultimately respecting the Supply/resistance zone and selling off again.

NoCeilingsTrading

I expect price to make a final bullish push, while ultimately respecting the area of resistance. - On the monthly time frame price closed as a reversal candle stick, hinting that the previously bearish sentiment is reversing. -I am longterm bullish on EU but after the bullish push on the daily timeframe, I expect a sell off/retracement. - I am looking for price...

NoCeilingsTrading

I am expecting some bullish pressure from the USD this week. -Therefore AUDUSD should make a bearish move -I am looking for a final bullish push that will ultimately respect the above level of resistance -Once price meet resistance, I am expecting a bearish move that will test the previous level of support which will test the previous high. - I think price will...

NoCeilingsTrading

-Price appears to be respecting a resistance zone . -I am expecting price to possibly form a double top in preparation for a short-term sell, which will serve as a retracement to the 50.0- 61.8 fib level, ultimately creating a higher low before continuing it's bullish push. -Also, if you take a look at the DXY chart, I believe it is ready to make a short-term...

NoCeilingsTrading Updated 

-DXY is appears to be bullish so I am looking to go long on USD. -GJ and GU have a strong correlation and I am bearish GU so I am also bearish GJ -On the weekly TF you will see price made a bullish push to the upside followed by last week candle that displayed a lot of bearish pressure and closing as a somewhat inverse hammer. -Although price did make a...

NoCeilingsTrading Updated 

-DXY (US Dollar) is overall bullish, so I will be looking to buy/go long US pairs. -GU is in an overall downtrend and after some bearish pressure, expecting price to make a retracement. -Price formed a double top and broke below the neckline, ultimately creating a lower low. -I am expecting price to make a retracement and potentially stop hunt and test the...

NoCeilingsTrading

-Price is in an overall bearish trend -Currently on the 4hr and lower TFs it appears that price is consolidating. -Expecting price to form a candlestick reversal pattern and retrace to test the 50.0--61.8 fib level. -Price also formed sort of a double top and broke below, a retracement to the previously stated levels, would also serve as test of the...

NoCeilingsTrading

-Overall the DXY appears bullish, so I'm looking to buy USD pairs -On the Daily TF price ended in a reversal candlestick after a bullish push -Expecting price to make a retracement that would ultimately test the neckline of the previous double bottom - A retest to this area would possibly complete the right shoulder of an inverse head and shoulder candlestick...

NoCeilingsTrading

Now is a chance to enter a long during the rally. -My overall bearish bias for GBPJPY is bearish. -Price is currently in an area of support. -The previous 4h candle ended in a doji and appears to be forming a morning star candlestick pattern. -A formation of the candle stick pattern along with respecting the support area is showing that price is building bullish...

NoCeilingsTrading

Just as previous stated in the previous analysis: -I was expecting price to make make a bullish retracement and test the former neckline/area of support. -Price found some bullish momentum and tested this area which is now acting as resistance. -Also price retraced and is now respecting the 61.8 Fibonacci level. -This also give indication that price is ready to...

NoCeilingsTrading

My bias for the upcoming move is bearish. Weekly -If you take a look at the weekly you will notice that price met resistance and formed a shooting star candle stick pattern. (this is a clear sign that a reversal is near.) -Price then proceeded to make a nice bearish push the following week. Then the previous that just ended was a retracement. Now price is ready...

NoCeilingsTrading

My Overall Bias is Bearish. Here is a chance to enter a buy. -Price formed a Head and Shoulders pattern (which is a bearish candlestick pattern. -Price broke the neckline (which previously acted as a support level) of the the Head and Shoulders pattern. -After a nice sell off, price then found some support around the 1.25 level and formed a reversal candle...

NoCeilingsTrading

My overall bias is bearish. But here is a chance to go long. -Price met and respected the Supply zone/Resistance several times. -ultimately it formed a Triple Top (which is a bearish candlestick pattern). -Price then broke the neckline/BOS confirming price is now in a downtrend. -Price then found some support around the 94.75 area and appears to be making a...

NoCeilingsTrading

This image show the daily time frame but if you look at the 4hr. you would see that price respected this level of resistance. -Price also formed a double top, which is a bearish candlestick pattern. -the two statements of above illustrates 2 confirmations that price is ready to make a bearish move. -I am expecting price to sell off creating a pullback. -I think...

NoCeilingsTrading Updated 

-After the huge sell off, I think it's safe to expect a pull back pretty soon. -Price broke the previous low and has yet to pull back to test the level. -I am expecting price to trend a little lower, ultimately created a new lower low. -Price could possible fall to test the support level -After the lower low is created i will look to enter a long position once a...

NoCeilingsTrading

Here is my Multiple TimeFrame Analysis of USDJPY. If you think otherwise feel free to comment/post your anaylsis. Please Comment, Like, or Follow. Monthly/Weekly -Price has been in an uptrend for 3 consecutive months. -Price then made a pullback and tested/respected the 38.2 fib level. -The next month price formed sort of a bullish pin bar, showing that price...

NoCeilingsTrading

Look below for the previous analysis. I have also linked the original analysis so, you can compare the two ideas.

NoCeilingsTrading

Price broke out of the double top, then retraced to test the neckline as expected. I am thinking price will hold here and possibly form a double top creating the next impulse to the downside. Here is my original analysis: