After a strong bearish close last Fri, Bulls mount an assault on Tue but failed with price making an attempt to go lower the next day. Currently we are seeing a possible bear flag. The SZ should be a good zone to go SHORT
After a day of indecision(Thu), Fri see a possible pump and dump action rejecting previous day high. I see a minor pull pack before price coming off.
The week started with a D1 Expansion. This is follow by a series of higher high and higher low. Thu see a D1 inverted hammer which attracts sellers to come in on Fri. But alas, it was a classic pump and dump and price close near the high on Fri. Will be looking for a pull back to go LONG
The whole of the week seem to be distribution in progress over a tight range. There was an attempt to push price lower but price went back up with evidence of further distribution. I am seeing a possible pump and dump action before price heading south
Last Fri saw a BEARISH D1 close near to a DZ. Mon market open gap down to the DZ and was rejected right away with the day closing higher. Following day and the next day saw further rejection of the DZ. Am looking for a trigger to go long
After a day of consolidation following a D1 Expansion, the next day shows pump and dump action with the price closing at the low of the day below the consolidation. The resulting impulse move created a supply zone. Price slowly creep up and yesterday(26th Nov), price shows a reaction to the new supply zone and came off. Presently, we are seeing a Bear flag in H1....
Price is nearing a SZ and D1 yesterday shows a indecision candle. Will be looking for a SHORT trigger
D1 showing indecision follow by a inside bar near a DZ(Demand Zone). Looking for a price rejection of recent low to trigger a LONG trade
After an expansion on Tue, price consolidated before a contraction move on Thu, follow by a consolidation on Fri. I believe this contraction move is to suck in the sellers. And in the coming week, there should be a push below Thu and Fri low to suck in more seller to the PRZ indicated(which coincide with previous structure high and F6 of swing low, swing high),...
After 3 days of indecision candles, we see Fri printed a higher low after an impulse H4 candle seen on Thu. I see a pull back to Thu low before market going higher. Looking for PA entry
NZDJPY has been consolidating for the past 4 weeks with last week printed a higher low. Due to my analysis of NZDCAD(LONG) & CADJPY(LONG), I am inclined to believe that there is an imminent break out to the upside soon on NZDJPY.
The week started with a D1 Expansion on Tue. On Thu, we see a bearish H4 impulse with consolidation seen thereafter. I believe the impulse move was to suck in seller. This is confirm late Fri when we see another bearish H4 impulse (sucking in more seller) which is follow by a reverse stronger bullish impulse that close above the consolidation. That was the nail in...
A potential D1 expansion. Gonna go for a aggressive BUY towards 1.6850
Price has been consolidating for the past 4 days. Finally saw a BULLISH D1 closed(29th Jul). Further evidence needed to confirm BULLS in control
After a long extended Bear move, there's a potential BULLISH pull back to the supply zone before BEAR resume control.