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....
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...
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.
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...
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...
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.
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.
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 🙌
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.
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.