Veejahbee

Veejahbee

Price violated the previous trendline in which price is rebounding from in my earlier post. Now the price has reached a significant level, and we are observing some bearish price action at this confluence level which consists of 78.6 fib ratio, resistance zone and 3rd bounce of descending trendline. We only need a valid confirmation (breakout of Counter Trend...

Veejahbee

As you can see from the chart, we are in a clear bearish trend. Price broke out of ascending trend line and support zone and made a new low. Considering that price has retraced back to the confluence zone which comprises of Resistance level, 50% Fib ratio, mean value, and potential 3rd rejection of descending trendline. We will able to go short on this pair after...

Veejahbee

Ethereum (ETHUSD) is currently trading in a descending triangle on H4, but it presents us with micro trend bullish trade opportunity on H1. Price reversed from the descending triangle support/demand zone and broke above resistance 203.52. Now that price has made a short-term high we are expecting a retest of the broken level as support before further upside...

Veejahbee

As you can see from the chart price is in a clear bearish trend, and our goal is to look for a short entry. Considering that price has made an ABC correction to an important confluence zone which comprises of resistance level, 61.8 Fib ratio, the mean value and 3rd rejection of descending trendline. We will able to go short on this pair after a clear break of the...

Veejahbee

As you can see from the chart price is in a clear bearish trend, and our goal is to look for a short entry. Considering that price has made an ABC correction to an important confluence zone which comprises of resistance level, 61.8 Fib ratio, the mean value and 3rd rejection of descending trendline. We will able to go short on this pair after a clear break of the...

Veejahbee

As you can see from the chart, price breakout and retested a long-term descending wedge in which it was trading. Price also made a double bottom reversal pattern before it breaks out of the wedge and resistance zone. Considering that price has now breakout of the trendline of the corrective structure which retested the broken descending trendline, resistance...

02:49

Veejahbee Updated 

GBPJPY is in a clear bearish trend, and price is just about to retest the neckline of broken head & shoulder pattern which aligned with 61.8 Fib, daily resistance zone, and mean value. Our goal is to find a short entry, with that in mind, we wait for a clear break of Counter Trend Line (CTL) for entry. There is currently two CTL on the chart, the break of the...

Veejahbee Updated 

After the break of range zone, price retraced back and retest the broken level which is also aligned with dynamic resistance (mean value), 50.0 Fib, and weekly resistance. Our goal is to look for continuation trade after the breakout of the counter trend line (CTL). Now we have the break and retest of the bearish CTL, we give a shot for short. Entry, Stop Loss and...

Veejahbee

As you can see from the chart, the market is in a clear bearish trend and our goal is to look for short entry. Considering that the price has already successfully tested a very good confluence area and made ABC correction, we can enter short position after the break of the counter trend line.

Veejahbee

Price has been resting on the weekly support for few days. Confluence: - Higher Low - DOJI (INDECISION CANDLE ON DAILY) - 61.8 FIB RETRACEMENT - PIN BARS ON H4 ENTRY: - Breakout and retest of H4 CTL.

Veejahbee

EURAUD made new HIGHER LOW and had a third bounce of the daily ascending trendline. Confluences: 3rd bounce of the daily trend line. 78.6 Fib retracement. Double bottom on H4 with bullish rejection candle H4 CTL Breakout and retest. Inverted Hammer on Daily.

Veejahbee

Yesterday USDJPY daily candle close as BULLISH REJECTION CANDLE off the WEEKLY range support. Confluences - Bullish rejection signal on daily - Breakout and retest of H4 CTL Potential bullish to the range top. However, good target zone will be the mid zone of the range.

Veejahbee

NZDUSD RETEST THE DAILY HEAD & SHOULDER NECKLINE (NEW LOWER HIGH MADE) - INSIDE DAY CANDLE ON RETEST - 3RD BOUNCE ON DESCENDING TRENDLINE - 78.6 FIBONACCI RETRACEMENT

Veejahbee

Price breached range resistance and make a higher high. Market pullback to retest the breached zone. - IT DROP A BULLISH REJECTION SIGNAL (PIN BAR) ON DAILY CHART - PINBAR AT SWING LEVEL ON H4 - RETEST 20&10 EMA ON DAILY - BREAK AND RETEST OF H4 CTL confirms the SETUP