Richie_the_trader

Richie_the_trader

4hr: Is bearish, price is slightly under the 200ema. 1hr: Price is below the midline on the RSI, nice indication we are on the right side of momentum. Price just closed outside the previous structure low of the demand zone. We are looking for a retest to place a limit order. 15min: Is currently testing resistance, we are looking for price to reject previous...

Richie_the_trader

DAILY: First up we are still bullsh, price is above the 200ema which has shown strong rejection. Long term resistance turned support has been honored with several rejections. We have also seen the MACD cross with bullish volume presenting itself. 4HR: 200ema rejections forming nice support. Price has really tested and struggled to break through support. RSI is...

Richie_the_trader

Daily: 50EMA has crossed the 150 4HR: Nice bullish move to the upside thats broken previous resistance. We are now waiting for the pull back to look for Bullish evidence 1HR Now we wait for the right bullish evidence to confirm a move up off resistance.

Richie_the_trader

Watch as the Diamond hands turn to Crystal. On March the 17th I called the end of the Bull run on Twitter. Good opportunity for short Futures or Sell trades whatever your flavor. Weekly: Price closed just above the previous Top, although this would generally not be considered a Double top, nothing is perfect in the world of trading. Its a strong bearish signal...

Richie_the_trader

Hey Boys and Girls, EURCAD is setting up nicely here. Weekly: We have a nice upward trend happening, that's bouncing off previous structure resistance turned support Daily: We are bouncing off the monthly support, we also have a pretty wide gap on the EMA's, which indicates a clear push to the upside is inevitable. 4HR: This is the sauce, price has...

Richie_the_trader

Monthly: Un, Dos, Tre's, nice triple top rejecting the 150EMA. Weekly: Showing the end of a Head and Shoulders. Daily: Rejecting the 0.78000 zone on the outside shoulder of the H & S. 4hr: Clear consolidation zone rejecting the 150EMA, long term trendline which has rejected previous and is in a long term descending wedge formation 1hr: Descending wedge using the...

Richie_the_trader

4HR is presenting a nice double top formation, moving through to the 1hr we can see a triple test of resistance on the second leg of the double top. moving further to the 15min we are testing resistance for the third time on the second leg, all pointing to bearish confirmation. We have 2 trades to consider here first is top-down, second is a bigger play on the...

Richie_the_trader

Daily confirmation of a trend reversal, 3 legged push to the upside. Resistance turned to support tested then broke through and has retested on the 4hr. Scaling down to the 1hr we have had 3 tests of resistance, nice entry confirmation.

Richie_the_trader

4hr hour is showing consistent rejection of the 150ema, there is also a nice level of support that's held previous structure lows. 1hr 21,50EMA's have crossed the 150EMA showing bearish momentum. Moving down to the 15min, we are waiting for the price to break support, then a retest of resistance to hold. Looking for bearish evidence of the retest to enter.

Richie_the_trader

Nice double top on the 4hr with price breaking and testing the 150EMA currently. 1hr is showing a triple test on the minor trend line within the channel. We are sitting on our hands waiting for price to break 1.26000, with a potential move all the down to 1.24802. Diamond hands 🙌

Richie_the_trader

4HR chart has presented a double top, moving through to the 1hr we have a triple test of the double top with price currently testing the 150EMA, also there the RSI is showing divergence. We could potentially see a move all the way down to 1.06500 over the next week if this analysis plays out.

Richie_the_trader

4hr chart is showing a rejection of the 150EMA, we also have a triple top on the hourly with a lower high, lower low that's holding a bearish trendline within the channel. Scaling down to the 15min for the entry, looking for a breakout, then retest to confirm a short entry.

Richie_the_trader

3% SHORT NZDJPY ENTRY: 72.741 STOPLOSS: 73.004 TP: 72.476

Richie_the_trader Updated 

3% SHORT EURNZD ENTRY: 1.70250 STOPLOSS: 1.70505 TP: 1.70020

Richie_the_trader Updated 

SHORT EURJPY ENTRY: 123.693 STOPLOSS: 123.896 TP: 123.507

Richie_the_trader

3% LONG * GBPNZD ENTRY: 1.91437 STOPLOSS: 1.90870 TP: 1.91882

Richie_the_trader

3% SHORT NZDJPY ENTRY: 72.741 STOPLOSS: 73.004 TP: 72.476

Richie_the_trader

SHORT CHFJPY ENTRY: 114.472 STOPLOSS: 114.655 TP: 114.297