arieg1985

arieg1985 Updated 

Legend for price level, trend line, and rectangle: Dark Gray > Weekly Level Blue > Daily Level Red > H4 / H1 Level Green > M15 / M5 Level Yellow > M1 Level D1 and H4 are both showing the overall trend is still down with price holding below MA200. However, in D1, price seems hold and currently rejected up from major D1 support area 1.31883-1.32497. In H1,...

arieg1985 Updated 

Legend for price level, trend line, and rectangle: Dark Gray > Weekly Level Blue > Daily Level Red > H4 / H1 Level Green > M15 / M5 Level Yellow > M1 Level D1 and H4 are both showing the overall trend is still down with price holding far below MA200. However, in D1, price seems hold and currently rejected up with Bullish Engulfing pattern from major D1 support...

arieg1985

Legend for price level, trend line, and rectangle: Dark Gray > Weekly Level Blue > Daily Level Red > H4 / H1 Level Green > M15 / M5 Level Yellow > M1 Level D1 and H4 are both show the current trend is still unclear with price trapped between MA200 and major D1 resistance area 111.623-112.201 (psychological level 112.000). However, currently price is holding up...

arieg1985

D1 and H4 are both show the overall trend is still up with price still holding up above MA200. Currently, price pull back closer to it. In H1, currently price breaks down previous support area turns to resistance 0.75641-0.75735 and continue moving lower. Thus, the market bias now is still neutral. There are 2 potential trade setup could be take: Trade Plan...

arieg1985

How To Use Fibonacci Retracement to find High-Probability Trade Setup Brief Definition: Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century. In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a...

arieg1985 Updated 

Both D1 and H4 show the overall trend is still up. Price formed false break out last Thursday and rejected up from major D1 support area 122.807-123.638. Currently in H1, after the first try to breaks above resistance area 124.355-124.471, price pull back and coming back down below it. Trade Plan 1: If price continue pull back lower to the confluence of...

arieg1985

D1 and H4 are both showing the overall trend is still down with price holding below MA200. However, in D1, price seems hold and currently rejected up from major D1 support area 1.31883-1.32497. In H1, price is moving back up closer to the confluence of resistance area 1.32936-1.33083 (confluenced with MA200). Trade Plan 1: If price bounce back to this area and...

arieg1985 Updated 

D1, H4, and H1 show the overall trend is still down with price is holding down below MA200. However, in D1, price seems rejected up from within major support area 1.26740-1.27753 and indicates a false break out (watch for further confirmation). Currently in H1, price moves within Rising Price Channel slightly below resistance area 1.27754-1.28011. Trade Plan...

arieg1985

D1 and H4 are both showing the overall trend is still down. In H1, price is moving up above MA200 and hold above previous resistance area turns to support 0.97197-0.97283. Currently, price is forming Bullish Flag Pattern. If price pull back to this area and rejected up (even better if breaks up flag pattern), can consider to long the market to follow the...

arieg1985

D1 and H4 are both still shows unclear trend with price is hanging around MA200. However, in H1, price currently moves to the upside after the breaks out from confluence of resistance (Major down trendline, resistance area, MA200). Trade Plan 1: If price pull back to previous break out level or MA200 or Fibo Ret 50-61.8% and rejected up, long the market. With...

arieg1985

D1, H4, and H1 are all showing the overall uptrend is still intact. Currently in H1, price reaches previous high around resistance area 0.76259-0.76315. Trade Plan 1: If price pull back to previous resistance area turns to support 0.75594-0.75666 and rejected up, long the market. With Stop Loss 18 pips and Target Profit 44 pips, the potential trade offers 2.44...

arieg1985

D1, H4, and H1 are all showing the overall trend is still up with price holding up above MA200. In H1, after rejected from major D1 resistance area 0.72985-0.73337, price coming back down to major H1 support area 0.71856-0.71913 and then bounced. Trade Plan 1: If price pull backs to the nearest support area 0.72234-0.72294 or Fibo Ret 50% and rejected up, can...

arieg1985

D1, H4, and H1 are all showing the overall trend is still down with price hold below MA200. However, in D1, price is rejected up from major D1 support area 1.31883-1.32497. Currently in H1, price moving sideways after bouncing up from this support area and forming Bullish Flag Pattern. If price breaks up this flag, can consider to long the market to follow the...

arieg1985

H4 and H1 are both shows the overall trend is up with price breaks up resistance area turns to support 0.72209-0.72275. If price pull back to this area and rejected up, long the market. With Stop Loss 35 pips and Target Profit 70 pips, the potential trade offers 2.00 Risk-To-Reward Ratio. Notes to be concerned, in D1, price reached major down trendline (black...

arieg1985

D1 and H4 are both show the overall trend is still down with price is hold below MA200. Currently in H4, price is bouncing up from 3 days low and moves to previous support area turns to resistance 1.27652-1.27821. If price continue bounce back to this area and rejected down, short the market to follow the overall downtrend. With Stop Loss 44 pips and Target...

arieg1985

D1 still shows the overall trend is up. However, for the last 1 month, price is moving sideways within range 122.932-125.816. As we can see, price already formed 3 highs on the top of the range with the 3rd High is weaker then previous 2 highs. Currently, price is hold around the bottom of the range and seems like building some momentum. If price breaks down...

arieg1985

D1, H4, and H1 are all confirming the overall down trend with price is below MA200. Currently, price is moving sideways at the bottom for the last 20 hours. If price bounce back to previous support area turns to resistance 1.27040-1.27220 and rejected down, short the market. With Stop Loss 25 pips and Target Profit 62 pips, the potential trade offers 2.48...

arieg1985

D1 and H4 are both shows the overall trend is still down with price holding below MA200. Currently, price bouncing back to previous support area turns to resistance 0.97037-0.97200 and rejected down. However, in H1, price breaks up its MA200 since the last 24 hours and still holding up slightly above it. If price continue moving down a little bit more to...