-Will we see the retest and the continuation to the downside? -I am looking for a daily head and shoulders retest of the neckline. This could take place over night or during early London session due to the UK fundamentals first thing Tuesday morning. -We then need to see how price reacts around the 1.22500 level which is a weekly support level for me and a H4...
Lower High formed 61.80% retracement Daily evening star closure EMA cross over
-Tweezer tops on H4 timeframe -Weekly descending trend line 3rd touch (expecting a rejection) -Daily counter trend line break and retest formed. -Expecting week 61.8% fib to hold strong as a rejection level -Daily Double top
Price is destined to tap 1.38500 but I will only enter if I see a neckline retest of the double top around 1.4000 to protect my risk:reward. Trade Safe, Stay Safe
BREAK RETEST CONTINUATION 61.8% FIB
Good evening from the UK. As there is alot of economic volatility it is good to know a few good tips about the markets and how investors react. Currencies can become very volatile is there is a threat on specific economies. the dxy can be impacted negatively due to the iran gestures and drama.This could see investors pull investments out of US...
-0.8700 VERY STRONG DAILY RESISTANCE -PULLBACK WITHIN A UPTREND BACK TO MONTHLY -LOWER TIMEFRAME HEAD AND SHOULDERS ON 0.8700 -I FEEL THIS CAN BOUNCE OF MONTHLY BACK UP A WORK WITHIN A SIDE WAYS CHANNEL UNTILL 0.8700 IS BROKEN
-BREAK BELOW A MONTHLY -WEEKLY TIMEFRAME VERY BEARISH -TARGET, DUPLICATION OF AREA PRICE HAS BEEN WORKING WITHIN SINCE SEPTEMBER
Good morning traders from the UK. Time to look at the the higher timeframes on this one. We are stepping out and looking at the bigger picture that could impact this pair sooner rather than later. With 2020 looming it's good to see what the end the of this year COULD look like and how that may affect the pair moving into the first half of the year. -Weekly...
-DAILY DOJI -NEW HIGHER LOW FORMED ON DAILY TREND LINE FAILED TO CLOSE BELOW PREVIOUS LOW. -NEW DOUBLE BOTTOM FORMING
-38.20 FIB RETRACEMENT -PRICE UNDER DAILY MA'S