abraham1298

abraham1298

AUDCAD at resistance and failing to create a higher high, patter indicating bear move.

abraham1298

Small pullback on a downtrend, chance of entry approaching major support zone

abraham1298

AUDUSD 15 SHORT price will reach resistance and if respected bear move is expected

abraham1298

LONG EURNZD bull move testing resistance zone and new trend

abraham1298

Long analysis for USDCAD FOREXCOM:USDCAD

abraham1298

Rejection off of.5 Fib area and this small area where price got stuck then descended. Body failed to close above previous highest wick. 0.919 is main target, for now expecting a short move to 0.94.

abraham1298

Descending trend-line stopped by a double bottom and support zone, broken and at retest zone with a doji formation. 2:1 RR

abraham1298

Hanging man formation on the 4HR and price is reversing off of trend line. 3:1 RR

abraham1298

Hanging man formation on the 4H and price reversal on the 1h.

abraham1298

Possible entry zone, strong support zone for a couple of days. After a big bull candle price seems to be pulling back for another bull move

abraham1298

Head and shoulders formation on the 4H, Strong 1D Resistance zone,

abraham1298

Strong resistance reached, bearish movement started.

abraham1298 Updated 

Price has been respected 4 times before. Not a clear Candle stick set up indicating a sell but with such strong moves we might loose the trade completly. Only using 70% of my lot size on this trade.

abraham1298

Price is currently at weekly trendline and has created a double top on the 1D.

abraham1298

A lot of wicks rejecting this zone. Strong resistance, RR over 2.0. TP right before support zone.

abraham1298

Alot of rejection at current resistance zone, about 5 wicks rejecting the zone. Also currently at .62 Fib level which is a very strong level.

abraham1298

Resistance has being respected 4 times before.

abraham1298

Support broken and retested. Bearish engulfing candle indicates a strong bearish move to come.