Rcharles05

Rcharles05

A pullback ( selling pressure) may be expected before a gain of bullish momentum. From this market structure, any selling pressure is a pullback It is ok to seek for buying setups

Rcharles05

A strong bullish move may be expected after this correction A short time pullback may be expected ( at 61.8%) before a gain of bullish momentum as seen on this chart We can seek for buying opportunites

Rcharles05

A strong bearish momentum in last 24hrs may be a loud message that a price may keep declining respecting a confluence level( Supporting level) as seen on this chart. We can seek for selling opportunities

Rcharles05

Projected to gain its bullish momentum respecting a confluence level as shown A pullback may be expected before a gain of bullish momentum

Rcharles05

A strong decline of a price (Impulsively) in last 4hrs may be a loud message that a bearish momentum has started. Projected to keep declining respecting a confluence(Supporting level) as shown from this setup

Rcharles05

Price may keep declining due to strong bearish momentum in last 24hrs Projected sell respecting a supporting level as shown

Rcharles05

Reasons 1: Core retail sales 2:Empire state manufacturing index 3:Retail sales By 03:30pm(GMT+3)

Rcharles05

As seen from this chart, A market have to respect an up-trending market structure A short time pullback (Selling pressure) may be expected before a gain of bullish momentum consumer Price Index(CPI) will also affect this market

Rcharles05

A gain of bullish momentum after short time pullback Projected to respect a confluence level( resistance level) as seen from this setup

Rcharles05

A consolidation( Correction ) as seen from this analysis ( USD seems to be strong over EUR ) From this market structure, any bullish move is a pullback Projection: A bullish momentum may be expected respecting a down trending market structure( Descending trend line) before a gain of bearish momentum(Impulsively) We can seek for buying opportunities( For short...

Rcharles05

Strong bullish Momentum in last 24hrs hours, may be a loud message that EURJPY Should keep buying in next 24hrs Target: Projected to buy respecting a resistance level as seen from this chart Risk warning; This analysis will never change a market law of probability

Rcharles05

Projected to buy for short term Lets wait for pullback ( If any)

Rcharles05

Price rejection at confluence level in last 24hrs may be a loud message that, A bearish momentum has started. Projected to sell for short term ( Some days) Lets wait for strong bearish momentum if any ( Timeframe: 4hrs to 8hrs)

Rcharles05

A pullback ( buying pressure for short term) May be expected before a gain of bearish momentum Lets wait for pullback( If any)

Rcharles05

Any ABCDE triangle Formation before gain of bearish momentum We can wait until this correction end

Rcharles05

EURUSD MAY RESPECT this channel We shall have to watch a price reaction at this level

Rcharles05

Wait for strong bullish momentum. We need a strong bullish move to confirm the next move of the market Keep waiting Good luck

Rcharles05

We shall have to wait for the price to range above the confirmation level as shown in our analysis Good luck