Space-Traderfx

Space-Traderfx Updated 

* *Weekly** : Currently on a previous resistance area, which potentially turn support. **Daily**: - The price is on a strong 200 EMA support. - MACD is showing bearish trend with decreasing momentum. **4H**: - Overall structure is bearish. - The price currently in a ranging period after an upside impulse. - MACD is showing more bullish power. **What to...

Space-Traderfx

**Daily**: Recent price action find its support at the 1.759 zone after a bearish break at 1.7665. MACD is showing a bearish momentum shift. I remain neutral biases. **4H**: As lining in the daily chart, both grey zone at 1.759 and 1.7665 area hold the S&R power, thus I expect the pair will be ranging in this area. MACD has crossed under 0 where the 200EMA is in...

Space-Traderfx Updated 

**Daily **: formed inverted head and shoulder pattern. Recent price retested at the daily 50 EMA. MACD shows more bullish momentum is added. **4H **: Approaching strong key area at 1.2160 (first blue zone). Recent price retested at the previous resistance which now turned support at 1.21400 zone. Both EMA is about to cross but MACD is showing potential...

Space-Traderfx Updated 

**Daily** : Creating a triangle pattern. Recent price action is bullish. Approaching on strong trendline. **4H** : Recent price structure is bullish. Current price is in the building up phrase in ascending channel. MACD shows not much momentum is in the market. I expect a further pull to the upside. **What to do now? When to sell?** - Expect it will...

Space-Traderfx Updated 

4h- price action is clean. creating higher high and high lows. Current price retested at the previous resistance which now turn resistance. Opportunity to buy to pair! Please do set your SL based on your risk appetite! The above SL is invalid! Good luck traders!

Space-Traderfx Updated 

**Daily **: Overall bullish trend. Current price action meet the strong resistance and did not broke above, which mean that the resistance holds its power. MACD also shows bullish momentum is weak. **4H **: The pair is ranging in 4h. Pin bar candle also formed recently while meeting the strong resistance and bounce back down. Price did not manage to turn...

Space-Traderfx Updated 

**Daily: ** Currently in a descending channel with a bearish trend and momentum. Huge impulse breaking some key structure. Thus, look for a pullback to enter the trade. **4H :** Formed a minor head and shoulder pattern. MACD shows bearish trend is getting weaker and about to cross. Candle itself is getting weaker as well. A pullback to the upside is definitely...

Space-Traderfx Updated 

**Daily** : been in a downtrend for some time. Recent price action went to test the previous support, which now turned resistance. MACD is also showing sign of bearish momentum is being added. I am expecting a potential sell. **4H**: - From 2021 onwards, it is in a minor uptrend. - The market also in respect to the trend line. - Current price action went to...

Space-Traderfx Updated 

**Daily* *: In a very bullish trend. Gradually building momentum to break the previous daily resistance. MACD shows the bullish momentum is weak. Expecting a buy. **4H**: As I mentioned in my last post, recent price action went to retest the previous key structure (red area) which now turn support. After the impulse, the pair is currently in correction stages...

Space-Traderfx Updated 

**Daily **: -Overall bullish trend. -Price action failed to turn the previous broken support structure (red zone) into new resistance, which confirmed that the pair is ready for the next upside movement. -MACD also indicating potential upwards momentum. - expecting a long position **4H* *: - Recent bullish impulse started to slow down by creating bigger...

Space-Traderfx Updated 

** Weekly :** The pair created an impulse to the upside and currently facing a strong resistance in the weekly chart. Also, the pair is in a correction stages with an ascending channel. **Daily** : -It is in a very bullish trend. -MACD shows the pair is in uptrend but bearish momentum is slowly being added. -My bias is toward buying the pair as everything...

Space-Traderfx Updated 

* *Daily : -**Overall trend is very bullish -In my last analysis, I predicted that the price will broke below the key area (green zone) with the head and shoulder pattern and it did. - Currently, the price bounce back up on the 1.9500 key area (grey box) with bullish engulfing candle. - MACD shows bearish momentum started to weaken. - I expect the market will...

Space-Traderfx Updated 

Daily: - Breakout from a very strong support zone (red zone), and now making correction in an ascending channel. - I expect it to go to the Fibonacci level before making another downside impulse. - MACD shows bullish momentum is strong. * *4H: - Form higher high and higher lows in the key area (green zone). - Approaching 200 EMA - MACD shows bullish momentum...

Space-Traderfx Updated 

Weekly : Broke above the previous resistance and retested on it. Daily : The price has created new swing high and low. Currently in an uptrend but also in a consolidation zone. MACD shows bullish strength and momentum are still there. I expect the market is bullish. 4H : The market is currently in a consolidation zone (grey box) and creating a minor buildup...

Space-Traderfx Updated 

** Daily: ** Form an overextended W, a pullback to the fib level is definitely possible. * *4H:** Confluence of resistance and trendline, bullish trend is slowing down, MACD shows possible trend shift **What to do now? When to sell ?** - Sell now at the resistance area with good RR. I expect multiple wicks rejection will form in that area. good luck traders!

Space-Traderfx Updated 

**Daily: -** Overall trend is pretty bullish! - Also forming an overextended W pattern. - Creating a fake breakout from the consolidation zone (grey box) - Expecting a profit taking phrase coming soon at the resistance zone and the trendline. **4H: -** Overall trend is bullish as well. The price goes higher after the touching the trendline and 200 EMA,...

Space-Traderfx Updated 

Daily: The market is currently making correction after an huge upside impulse. Lower high and low also have been created. MACD also indicates a the bullish strength is getting weaker with more bearish momentum. 4H: The price has been consolidated for a while now. The recent bearish candle breakout the structure and approaching the 200 EMA, indicating the lower...

Space-Traderfx Updated 

** Daily :** Recent impulse is overextended. Looking for correction. However, MACD still in bullish strength. ** 4H :** Formed a nice head and shoulder pattern, which is a possible retracement movement as stated in above. MACD shows more bearish momentum is being added. ** 1H: ** Structure has been broken downside, creating a lower low. 50 EMA also penetrated...