Please observe and study chart for sentiment. Please comment with thoughts and ideas. Thank you.
Observe chart and please comment with thoughts and ideas. Thank you. Previous ideas attached
HINT: Trades near twin to CADCHF. Analyze CADCHF idea attached. Please comment with thoughts and ideas. Thank you.
Sentiment towards a sell off continuation to support. MACD/SIGNAL are in the process of crossing zero line for momentum increase. RSI looking for a break or support of 40.00. A pivot with high volume close out above 1.56600 may sentiment onwards a retest of 1.57400 resistance. A break and close out below with 1.56600 with indicators checking out a retest of...
Seems like we have buyers in control for a retest of .70300 for continuation. Look for rejection at .70000 before continuation. We have strong buyer sentiment with RSI and MACD. MACD and Signal are in process of crossing up through 0 line for buyer momentum. RSI is moving in a sideways patter towards overbought zone. Attached is my previous idea with trade...
I would like to see more interaction within my ideas so I decided to start a “You tell me” type trade entailing me setting my levels and hinting towards a pattern followed by YOU and only YOU telling me your sentiment. No judgment zone, that being said I will call you out if I feel there is judgement. Previous analysis attached that smashed tp’s. Just trying to...
As I expected we have a tiny gap up which brought RSI out of crossing oversold zone. My sentiment is some consolidation before a break. Consolidation would bring RSI out of oversold a bit more to drop back in with a break in downward momentum. I am looking for the break to happen below .90700 to look for any entry point. Stop loss is above .91200. A break and...
Presented is the EURSD day chart. This is a detailed technical/fundamental analysis of potential direction with extreme correlation to DXY playout. As seen on the chart there was a high volume breach and close out below 1.21000 to close out the market. This was largely due to overnight news of Biden’s stimulus plan which sparked positive sentiment for investors...
I put together this very detailed forecast based off chart pattern picked up on. I numbered my steps in detailing the chart to create a legitimate visualization for all to understand. 1. We see continuous rejection at 127.000 with an eventual high volume pivot. 2. We see continuous support at 126.000 keeping the trend within the straight channel between support...
I see a clear sell in play based off support and resistance. We can see clear rejections at 1.37000 followed by huge drops to supports as low as 1.34500 at this level. To keep it safe I placed TPs at the next two key supports for retests. Macd and Signal made a clear cross and heading for 0 line while RSI is looking to break support. DXY is currently in fuel...
Based off previous support from .88700 I sentiment a pivot to .90000 MACD and signal made a cross and heading for 0 line. RSI is making slow move out of oversold. A break and close out below .88700 may hint towards downward continuation based off how strong previous retests have been. Please comment with thoughts and ideas. Previous pair analysis attached. Thank you.
Found another rejection around .70300 and a pivot. I sentiment a retest of next two key supports. If .69600 is breached with a close out look for continuation to bottom support. Macd/Signal made huge cross heading for 0 line while RSI made steep drop out of overbought zone. Please comment with thoughts and ideas. Thank you.
After a nice surge to top resistance we found rejection. Rejection at this level aims for bottom support. Macd/Signal are making huge cross through zero line indicating the volume increase for sellers. RSI is set to make deep breach into oversold. Please comment with thoughts and comments. Previous idea was buy from bottom support to top with huge success is...
We can see a clear rejection at around 80.800 for the second time with a pivot. Looking for a scalp to first retest 80.200. As visible on chart MACD and signal are making a cross through 0 line for momentum. This momentum will make it possible for a breach through 80.200 for continuation. Please comment with thoughts and ideas. Thank you.
Can this be the breakout DXY is attempting to make? We have been in a straight channel the last week however a significant break above 90.000 with push to retest 91.000 according to trend at this level. Furthermore a break and continuation above 91.000 will creates massive volume through positive sentiment. If there is no break above 90.000 with a pivot look...
My previous GBPCAD idea was a sell with huge price action success to this current support. We found support followed by low volume consolidation to higher volume pivot. A MACD/Signal 0 line cross creates volume which will push momentum to my TP 2 zone marked on chart. Attached is my previous idea. Please comment with thoughts and ideas. Thank you.
The trend reached the key resistance that has been offering rejection between bottom support shown on map. A break and continuation above this resistance would sentiment long continuation. This is a safe trade if it does breach the resistance and continues with the current close proximity. My sentiment is a pivot to bottom support following chart pattern. MACD...
Quick pips read chart and watch for pullback at TP 1. Please comment with thoughts and ideas. Thank you. MACD and RSI set for short sell off.